Name
Wamundila
Member since
September 2020
On-time repayments
128 installments • 23%
My name is wammundila Namasiku.Am running a mobile money business in Livingstone Zambia. My goal is to raise enough float to meet customer demand.
I've been running a Airtel Mobile money business at the shop at Dambwa North Market. My challenge has been having enough cash to meet customer demand. I recently acquired Mtn and Zamtel Agent lines which will help me to serve more customers and increase my income.
I will use this money for float in my airtel,Zamtel and Mtn mobile money business. This is the cash that will be available for serving customers as they do deposits,transfers and withdrawals.
There is less risk in this business because everyone needs to use money even though the pandemic continues. The key to success is having enough float to fill customer needs.
Jan 14, 2021: Mobile money
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$1,025.00
Date disbursed
Jan 18, 2021
Repayment status
Late
Projected term
28 months
Other loans
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