Michael
Chipata, Zambia
17% repaid
Name
Michael
Member since
September 2016
On-time repayments
26 installments • 69%
I am young man aged 32, single, born in a family of 1 sister and 4 brother. I finished my grade 12 at Chipata Day Secondary School, after completing my high school I went straight into bricklaying, then thereafter I did a course in bricklaying with Zambia National Service. This career have really helped me survive financially on a daily basis, though on its own its not balancing, that is why I thought it is wise I start another in line with mobile phone accessories.
PERSONAL STRENGTHS
Physically fit and able to perform demanding duties. Reliable and punctual with an excellent time management skills. Able to adapt to different situations, pick up the task quickly, find the best solutions and get the job done. Excellent planning skills - able to prioritise and work to strict deadlines. Willing to undertake training as and when required. Able to maintain records in both paper and electronic form. Now looking to progress to a higher business level where I can fully exploit my skills and pass on my experience.
LOAN PROPOSAL
Mobile phone accessories and electronic products business!
After a thorough research I discovered that it is wise I invest in phone accessories and electronic products and devices such as memory cards, flash disks, Bluetooth devices, and solar lamps.
BUDGET AND LOAN BENEFIT
The amount applied for in this loan is $180 and it will be broken down as follows:
1. Phone accessories = $90
2. Electronic devices and solar lamps = $70
3. Transport= $20
This loan will greatly help to improve my business and change the face of my family, this help came at a time when I really needed it. I will make sure it is paid back accordingly to attract future loan approval.
Small wild animals and electronic products business!
After a thorough research I discovered that it is wise I start selling electronic products and devices such as memory cards, flash disks, phone accessories, Bluetooth devices, and solar lamps.
BUDGET AND LOAN BENEFIT
The amount applied for in this loan is $180 and it will be broken as follows:
1. Phone accessories = $90
2. Electronic devices = $70
3. Transport= $20
This loan will greatly help to improve my business and change the face of my family, this help is the first of its kind to me and my family. I will make sure it is paid back accordingly to attract future loan approval.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$184.00
Date disbursed
Sep 27, 2016
Repayment status
Late
Projected term
65 months
Amount repaid
$31.95
Amount remaining
$152.13
Expected completion
Apr 1, 2017
Status
Repaying late
Installment amount
$20.51
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 8, 2016 | $2.58 | Oct 7, 2016 | $2.58 |
Oct 15, 2016 | $2.58 | Oct 16, 2016 | $2.58 |
Oct 22, 2016 | $2.58 | Oct 23, 2016 | $2.58 |
Oct 29, 2016 | $2.58 | Oct 29, 2016 | $2.58 |
Nov 5, 2016 | $2.58 | Nov 5, 2016 | $2.58 |
Nov 12, 2016 | $2.58 | Nov 13, 2016 | $2.58 |
Nov 19, 2016 | $2.58 | Nov 26, 2016 | $2.58 |
Nov 26, 2016 | $2.58 | Nov 26, 2016 | $2.58 |
Dec 3, 2016 | $1.03 | Dec 3, 2016 | $1.03 |
Dec 10, 2016 | $1.03 | Dec 11, 2016 | $1.03 |
Dec 17, 2016 | $1.03 | Dec 19, 2016 | $1.03 |
Dec 24, 2016 | $1.03 | Dec 25, 2016 | $1.03 |
Dec 31, 2016 | $1.03 | Jan 6, 2017 | $1.03 |
Jan 7, 2017 | $1.03 | Jan 8, 2017 | $1.03 |
Jan 14, 2017 | $1.03 | Jan 15, 2017 | $1.03 |
Jan 21, 2017 | $1.03 | Jan 23, 2017 | $1.03 |
Jan 28, 2017 | $1.03 | Jan 30, 2017 | $1.03 |
Feb 4, 2017 | $1.03 | Feb 4, 2017 | $1.03 |
Feb 11, 2017 | $20.51 | Feb 10, 2017 | $1.03 |
Feb 18, 2017 | $20.51 | ||
Feb 25, 2017 | $20.51 | ||
Mar 4, 2017 | $20.51 | ||
Mar 11, 2017 | $20.51 | ||
Mar 18, 2017 | $20.51 | ||
Mar 25, 2017 | $20.51 | ||
Apr 1, 2017 | $9.59 |
Ask Michael a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.