MTN mobile money business

Bob

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Bob

Member since

June 2016

On-time repayments

68 installments  •  50%

About Me

My name is Bob Phiri,I am the last born in the family of seven and I was born not long ago in 1993 on 20 July in Eastern province.I am a husband of one wive with a son.
I did my Junior level at Kanyama primary School and later went at Chinika Secondary School where I completed in 2014.I did well in all the subjects, but due to financial crisis I never reported at college level.
As a student of literature reading has always been my passion.I love reading fictions and sometimes singing.

My Business

I am an Agent for:MTN Mobile Money, Airtel Money, FNB, Opay and Zanaco.
Mainly all these services deals with Sending and Receiving money. mobile money is a financial inclusion and a vast growing empire which allows the participants in the business world to send and receive money from various destinations and able to do their daily businesses.
I venture in this business because I thought there was need to expand this empire of Mobile Money so that many people should find it easy to do their day today businesses.Moreover.
During farming season I do cultivate soya bean and other crops.
I use my small earnings together to sustain my family,pay workers and increase capital capacity.

Loan Proposal

Once granted this loan,I will automatically invest in Mobile Money.The outcome of this investment I believe will help me to pay my tuition fees by next year as well as to support my relatives.It will also help me to accomplish other goals;which is venturing into farming.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Jul 9, 2016

Repayment status

Late

Projected term

15 months

Other loans

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

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  • Bob    Jun 8, 2022

    Bob Phiri Jun 8, 2022

    Here in is a photo of the farm which I purchased and I cultivated soya beans and grounds

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  • Bob    Jun 8, 2022

    Here in is a photo for the machine which I purchased and it now operatinal

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  • Bob    Jun 8, 2022

    Hi Great Chiefs

    It's been a while I haven't shared with you.I must make mention here that I was entangled with circumstances beyond my control, but all in all ZIDISHA was always on my mind and I never want to disappoint you my lenders (funders) where repayments are concerned and I am glad to let you know that I have cleared all the incurring balances I had.
    By the Grace of God I have been able to resurface because I kept the faith, with the little I had left with by that time was able to make a push and I succeeded.
    The good news is; I purchased a brand new sharwama machine and my income has increased to from k2000 to k6000, this has seen me buying a piece of land for farming: cultivating soya beans, It has also helped me increased capital capacity for my MOBILE MONEY firm.I have employed five of my fellow youths some students and graduates they too are the beneficiarries.
    You are really doing a great job in my life and you are the genesis of my story I am forever grateful to you.

    Regards
    Bob Phiri

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  • Harrison    Oct 5, 2018

    HELLO SIR,ARE YOU HAVINHG ANY CHALLENGES IN REPAYING YOUR LOAN?

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  • Harrison    Jul 12, 2016

    Hello bob am happy that your loan was fully funded .....just make sure to be paying those weekly repayments....wishing you the best in your business

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  • Bob    Jul 5, 2016

    Having been granted the loan my plan for MTN Mobile Money has just started.Now I have to look for a place where I should plant a kiosk,and the money will have start circulating as in receiving and depositing: as a float.I will use a 3100ZMW to run the firm and the other remaining to purchase a place.
    First and foremost I would like to recommend you all for your generous support and my gratitude to you for coming on board and made sure that this loan is fully funded.I am grateful and humble for the support lenderred,I don't know how express my happiness but its my prayer that may God who is above all ,add more years to your life and richly bless you.
    Secondly,my gratitude to all the Zidisha stuffs for wonderful programme based on empowering men and women.Please continue extending your love and support I salute you all and I am wishing you nothingless,but a prolonged life and all the best from God.

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  • Bob    Jun 29, 2016

    Hi everyone,I just want to notify you that my request for an MNT Kiosk was successful,and I am just waiting for the loan to be fully funded.Once again l am greatful and humble for the support you are offering me and God bless you all.

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