Entrepreneur
Name
Alines
Member since
December 2020
On-time repayments
5 installments • 80%
About Me
My name is Alines Zulu married to Harrison Phiri with 5 children. I started my business 8 years ago, I normally go to South Africa to buy clothes for my boutique but during the lockdown travelling was restricted so I usually send money and my trusted business partners put my cargo on trucks.
My Business
Clothes business is really doing well in my country and its on demand as everyone wants to look good. I chose this kind of business but its easy to do and less stress on top of that its profitable. The profits that I make I use it to support my family at home, pay children's school fees and for home use.
Loan Proposal
I would like to buy more bales of clothes in advance in case borders will be ristricted with the rising cases of covid19 so that I dont run out of stock. So basically i will use the money to top up on my capital and aquire my inventory.
Income Source
Indeed many businesses are facing challenges due to many factors but mostly due to covid19. I have a fixed account mainly created to cussion any challenges that might occur in my business or home.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Jan 9, 2021
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
United Kingdom
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