Mwiingas barbarshop business

Mwiinga

Choma, Zambia

9% repaid

Entrepreneur

Name

Mwiinga

Member since

April 2016

On-time repayments

58 installments  •  9%

About Me

I mwiinga mweetwa was born in 1975 , at sianachula village in choma district of southern province of zambia . I started my school at chipande primary school and was selected to go to sikalongo secondary school , where I completed my junior education , but could not continue with my education due to difficulties in finding money for my school fees .
Thats how I started to do business and i am currently running a barber shop which is assisting with my up keep . I went through a rough parch in my life and its for this reason that I feel my children should not go through the same predicament I went through myself.

My Business

My business was started with a very small capital and I started with only one machine and I now have three (3) machines . I have been doing this business for five (5) years now , and I am sure that repayments for loan will not be a problem since a an income comes in on a daily basis and will greatly help to grow my business which is the only source of income I have and will go along way to help me and my family . I hope to use this loan to buy three new machines and to open another outlet in choma town centre because there are alot of people there. this will help increase my income and be able to support my family well.

Loan Proposal

the purpose of the of the loan is to expand my business and additional machines I intend to get will give me a shot in the arm to give my customers a good service and extend my services to other intending customers and will give me a fair competition with other competitors in the same business.if my loan is successful i will use the money to buy machines and also to open up another outlet in town because thats where there are many people.machines cost about $30 each so three will cost$90 and then it will cost me about $60 to open up an outlet in town. il also buy four chairs which will cost$15.i believe i will benefit greatly from this loan because il be able to make enough money to take care of my family and pay my children's school fees.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$179.00

Date disbursed

Oct 22, 2016

Repayment status

Late

Projected term

14 months

Lenders

W

WilsonLending

Atlanta, United States

Scott

Oregon, United States

R

Roman

Barcelona, Spain

H

hilde

seattle, United States

H

hanh352

Homosassa, United States

Darrylb

Heber City, United States

Myrar

Aarau, Switzerland

ReducedFat

Lake Forest, United States

swendl

Iowa, United States

Sunnyside

Stafford, United Kingdom

IM

Isak Maaseide

Tromso, Norway, Norway

T

TurgayAlihos

SOUTHBANK, Australia

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Marod

Edmonton, Canada

Travis

Canada

H

Habroukema

Austin, United States

Matching Fund

Sterling, United States

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

B

blambert

United States

J

jeffreyrmeier

United States

A

Aishad

United Kingdom

Jansa

Oulu, Finland

H

Hans

Germany

EL

Erik Lönnroth

United Kingdom

WH

Walter Hill

United States

Elly

Woudrichem, United Kingdom

jtreyes

United States

Filip V

Czech Republic

KD

Kent Don

United States

MD

Matt Des

United States

GN

Geoffrey Nelson

United Kingdom

N

Nora

Germany

PG

Paul Graham

United States

A

Andrei

United States

AO

Ahana Ogle

United Kingdom

K

Kenny

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

A

Anonymous

United States

KK

Kurt Kellner

United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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