Mobile-money services

Christopher Mumba

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Christopher Mumba

Member since

April 2020

On-time repayments

19 installments  •  5%

About Me

My name is Christopher mumba currently am a 4th year student at the biggest university in Zambia which is the university of Zambia. Am doing my first degree in agriculture sciences majoring animal science . I have my business where I deal with mobile money services which is MTN and Airtel mobile money services which I started a year ago.

My Business

I have shops were I do MTN and Airtel mobile money services.currently I have 4 shops which are operating and have so far managed to employ 4 people .it is my dream to see my mobile money services increase to a big business and enable me to employ more people among them youths and the less abled hence fighting high levels of an employment in my country Zambia at large

Loan Proposal

With the loan I want to top up to my capital and buy sim cards for my shop because I only do mobile money services so I want to start selling and registering sim cards at my shop due to the demand and pressure am getting from my customers, have seen get potential in selling Sim cards.this will make my business to grow hence the profit will also grow .

Income Source

As I have said that I operate from a shop,I will be able to pay back my loan thou they is an out break of covid-19 by insuring that am observing the guild lines put up by the health people which is wearing mask every time and proper sanitising both myself and customers and regularly washing of hands with clean water.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$62.18

Date disbursed

Jul 29, 2020

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $2.31

Credit risk payment: $1.12

Lenders

L

Liz

Nowra, Australia

dlpringle

Denver, United States

Ask Christopher a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...