Money to start a business

Benson

Mazabuka, Zambia

Funds disbursed

$0 to go

100% funded of $391 goal

0

days left

Entrepreneur

Name

Benson

Member since

May 2017

On-time repayments

19 installments  •  47%

About Me

Hello zidisha my name is Benson chola and am Zambian with a green national registration card, I was born in choma district of southern province and I grew up from there ,I stated school in 2001 in choma district of southern province at choma primary school and I was there from grade 1 to 9,in 2009 my dad was transferred from choma to mazabuka, my dad is a government worker is a Zambia police officer and they are always moving him from one district to the other, in 2009 I stated my secondary education at St Edmunds high school in mazabuka and I completed in 2011..am the last born in the family of 4.

My Business

Hello zidisha after I completed school I went at national institute of public administration (nipa) to do business studies for 3years, I completed my course in 2015 and have got an advanced diploma in business studies. Am currently working in Zambia in the marketing department as a stock controller, my job is to market and count all bags and packs of sugar produced on a single day, my basic pay is 600zmw and after adding the over times and housing allowancez ,my pay goes up-to 800zmw.

Loan Proposal

I want to start a stationery business to supply staffs to basic school and higher level education.
Ive already received a some of orders all that I am lacking is capital which is 5000 Zambian kwacha , to supply the study materials to students and pupils to them and to offer services to them. Last month my contract with Zambia sugar came to an end so I decided to start my own business I want to be self employed.
This loan will be repaid off by the money I got from Zambia suger the end of contract money , whilst the sales proceeds will be ploughed back into the business.


I have decided to choose a large member loan fund becourse I want to build my credit history with you so that I qualify for larger amount of loan so that I start a business this loan is to build my Credit history so that I can qualify for a higher credit limit. (the limit i currently have forms about 3.25% of the total amount of capital required)

I want to start supplying stationery to basic and high schools and higher learning institutions.
Ive already received a couple of orders all that I am lacking is capital which is 5000 Zambian kwacha to supply the study materials to basic, secondary and higher learning institutions.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$391.00

Date disbursed

Aug 14, 2017

Repayment status

Late

Projected term

8 weeks

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