New stock of clothes

Chota Alex Chalawila

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Chota Alex Chalawila

Location

Kitwe, Zambia

On-time repayments

9 weekly installments  •  56%

About Me

My name is Chota Alex chalawila, I come from a family of 3 and am the oldest. I started business at early age after my father died and dues to lack of fiance I dropped out of school. I started business to take care of myself and my 2 little sisters.

My Business

My mother who also passed on used to run a salon. I have continued from the salon I have added a Barber shop and Mobile money business.

Loan Proposal

I am thankful to my lenders. I am now applying for this loan to help me buy new stock of clothes for sell so that I can increase on my profit.I run a family business it has various busineses, clothes, beauty salon , barber shop. This i s where I get money to pay school fees for my two young sisters.

Income Source

from the same shop I have mobile money busines , barber shop, salon,clothes . These are stable sources of income for me which I can use to repay the loan I f the economy becomes a big challenge.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$48.77

Date disbursed

Apr 8, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: 5% of $48.77 = $3.24

Credit risk payment: $9.86

Optional expediting fee: $9.86

Lenders

P

planespotter

Berlin, Germany

sderickson

Berkeley, CA, United States

adrianz

United States

Mike and Jacqui

United Kingdom

PG

Paul Graham

United States

VC

Victor Chong

United States

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