Adding MTN mobile money service

Wamundila

Livingstone, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Wamundila

Member since

September 2020

On-time repayments

128 installments • 23%

About Me

My name is wammundila Namasiku.Am running a mobile money business in Livingstone Zambia. My goal is to raise enough float to meet customer demand.

My Business

I've been running a Airtel Mobile money business at the shop at Dambwa North Market. My challenge has been having enough cash to meet customer demand. I recently acquired Mtn and Zamtel Agent lines which will help me to serve more customers and increase my income.

Loan Proposal

I want to buy an agent line so that I can start up a Mtn mobile money business. Mobile money businesses are becoming more efficient and more popular way of saving money in Zambia.

Income Source

Many businesses have been affected negatively by Covid-19. But Mobile Money businesses continue to thrive because of they are cheaper compared to the bank with regard to saving money and they are easy to access. The only key to success to this business is having sufficient capital for money transactions.