Loan for my cybercafé business

Nachinza Siazweni

Choma, Zambia

100% repaid

Entrepreneur

Name

Nachinza Siazweni

Member since

June 2016

On-time repayments

30 installments  •  10%

About Me

Hello,
Am a 31 year old zambian female citizen was born in choma town did my school from just here and now lives in lusaka.I did my primary school at choma basic school and my secondary grades at choma secondary school.I am one person who is self dertamined,hard working and very business minded. What inspires me is my parents and my kids.My hobbies are cooking,internet surfing,listening to music.

My Business

I offer some stationary, photocoping, scanning, printing . I have found this business to be very useful and i would say its always on demand because i have a wide range of customers from different sectors for example students they are giving me good business and also the public.right now my revenue is k5000. My domestic budget is not more than k1500, therefore, most of my profits i use them to improve my business.

Loan Proposal

i want to buy enventory for my business (stationary) things like paper, envelops, pens, staplers,perforators,box files,diaries and folders. I will use the $260 and it will give me a profit of $800.i order pens at $10 per box and there are 100 pens in a box.so il order 5 boxes which will be $50 and il make a profit of $50.then for folders,diaries,box files and peforators,the oprder price is $3 each.il spend $210 dollars to purchase these items and il make a 100% profit.the money il make from these earning will help me to expand my business as well as repying the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.06

Date disbursed

Jul 9, 2016

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Service fee: $7.87

Nachinza opted to pay $0.30 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Paul Buchheit

Mountain View, United States

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