Mobile phone payment center


Lusaka, Zambia

100% repaid




Member since

February 2021

On-time repayments

78 installments  •  53%

About Me

John Banda is a persistent forward looking entrepreneur who believes in the slogan"the best is yet to come.

My Business

John Banda trading through Nesher Enterprise generates income through a diversified income stream.Presently, lam in self employment. Nesher Enterprise provides mobile money services,sells small packs of charcoal and general supplies.

Loan Proposal

Mobile Money Services require a substantial cash float to be profitable.Otherwise low cash float may impact customer service delivery as customers may be turned away for lack of needed exchange cash.Customer turn down can negatively affect customer perception about an entrepreneur if it becomes a regular problem to fail to transact due to low cash float.Therefore, this allowed loan amount of ZMK527.00 will assist but not significantly address the matter.It should be appreciated if a waiver for a high reasonable amount can be facilitated especially ranging between ZMK8,000.00 to ZMK12,000.00

Income Source

The evaluated risks include shortages arising from poor operation service procedures.We will deter this through implementation of proper recording of each and every transaction.The cashier has been trained to attend to one customer per time.
Ensure proper balance of cash on hand to the mobile systems float thereby maximizing customer turn up and transaction facilitation

My Videos

Jun 22, 2021: John banda home office





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Mar 7, 2021

Repayment status

On Time

Projected term

3 weeks




United States

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