Mobile-phone payment service

Ernst

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Ernst

Member since

October 2017

On-time repayments

36 installments  •  53%

About Me

Am a gentle man who believes in doing business to sustain my life ,it all started when I was young I could see my mum baking flitters in our location and that helped us as a family and it motivated me to start running my own business . The land's uniqueness in my place is for cattle farming and our culture is diversity. My children would want to be business owners as they grow up and my a holder of Advanced Certificate in Monitoring And Evaluation from National Institute of Public Administration and School Certificate from Mbala Secondary

My Business

we are in partner selling phone accessories and phone as well ,it is the business which has come with demand due to the fact that anyway wants to communicate whether for business or personal issues and my profit is mainly used for reinvestment for my business to grow

Loan Proposal

As every business needs capital , Carvins Networks LTD will use the said loan for recapitalization to the business of which it will make the business do more Mobile Money transactions than before . Besides, more clients will be coming to our Business Center which means more commissions from transactions made

Income Source

Risk management is one of the component businesses should have in this period of time of global economic crisis thus Carvins Networks LTD has developed a plan in which it give the company to at least make the profits at the end of the day or month. Moreover, since our business deals with money ( deposits and withdraws) it makes be on advantageous side of repaying the loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$65.00

Date disbursed

Aug 21, 2020

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

M

MaggieK

United States

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

Loading...

Loading...

Loading...