New stock of clothes for my clothing shop
Musonda
Mazabuka, Zambia
10% repaid
Entrepreneur
Name
Musonda
Member since
July 2016
On-time repayments
48 installments • 0%
About Me
My name is musonda Malipilo and I am a business man living in mazabuka. As a child I grew up in the middle class family that managed to take me to school. To have come from the middle class family going to school was not a problem but it later became a problem after death of my father. I started my school in the year 1995 and then dropped in the year 2005 a year after the death of my father, then I went to my village upto 2010 when I come up with a business. My land is unique because it has many ceremonyes and the are all done ever year but in different locations of my Land Zambia. I have one child and she dearms of becoming a nurse. I have a very unique hobby and it is going to the hospital and visiting the sick.
My Business
The type of goods and services I offer are the good second hand clothing's and shoe's from the UK and USA. This type of business I do is useful and it is on demand, because the town is now becoming big and then demand is growing so this is why I picked this type of business. My typical cost is $800 and the revenue is $250, I use my profit to pay for my daughter at school and the rest of my profit goes to the sick that can not afford to pay for their own health care bills at the hospital in my town of mazabuka.
Loan Proposal
I will buy the new shoes and clothes for the West eg: USA and UK and my business network will be big and will grow with quality clothings .I will get clothing for $70 and shoes for $70 ,it will expand my business and my customers will have good clothing for UK. And profit is $150 because the clothing is now good.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$141.00
Date disbursed
Aug 16, 2016
Repayment status
Late
Projected term
12 months
Lenders
United States
Switzerland
United States
United States
Croatia
United States
Mexico
United States
Winchester, Ma, United States
United States
Finland
United States
New York, Ny, United States
Canada
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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