Ordering more household goods for my shop

Sylveria

Kabwe, Zambia

17% repaid

Entrepreneur

Name

Sylveria

Member since

September 2020

On-time repayments

29 installments  •  17%

About Me

My name is Slyveria Mwelwa and 29 years old.I completed my high and studied Sales & Marketing Management at Evelyn College school of Business.I have created employment for myself by setting up a small business am running in the central business of Kabwe town in the Central Province of Zambia formerly known the broken hill town.

My Business

I supply and sell house hold goods, in house holds i earn good profits from all the stock i order.I started doing this business with only ZMW 400.00 and i earn weekly profit of ZMW 120.00 per week and my capital today has to ZMW 20,000.00 and i earn between ZMW 1200.00 to ZMW 1500 per week.The profits i make i use them to pay shop rentals, pay school for my children and home improvement.

Loan Proposal

I have ran out of most stock in my shop, i need this loan to help me increase stock.At the moment the shop is not looking good in terms of stock.My business is doing well and mostly target market is the mothers in the community.

Income Source

This type of business is still doing well despite reports of economic situation, most people are buying house holds and am earning good income to help repay the loan on time.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Sep 4, 2020

Repayment status

Late

Projected term

6 months

Lenders

M

MorganBlue

United States

Franmiguel

Perth, Australia

Jan

Netherlands

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