Phone accessories business

Mathews Mundwe

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Mathews Mundwe

Member since

April 2021

On-time repayments

6 installments  •  67%

About Me

My name is Mathews Mundwe a father of 6 children. I completed my education but I could not further my education due to family circumstances I did end up the street. When I taken at the rehabilitation centre I got reformed and I was empowered to start entrepreneur business. Today am proud I ran my own business and I need to expand and grow my business.

My Business

I ran a shop and goods in it and these are phone accessories and both smart and ordinary phones. The demand for smart phones is very high now days and hence phone accessories generate good money. The profits I make out of this business I reinvest, pay school school fees and home improvements

Loan Proposal

With this loan am applying today, am requesting for financial support in my business, I need to use the money to buy more phone accessories goods, because they are moving very fast and are in demand. The profits made will be used to grow the business , home improvement and pay my children school fees and any other item that may required.

Income Source

This business is good enough to repay the loan weekly because the business generates good income daily, smart phone accessories generates good income daily and therefore I will save the money and repay the loan in good time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.22

Date disbursed

May 12, 2021

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $1.95

Credit risk payment: $7.39

Lenders

A

Anonymous

United States

EH

Ed Hendrickson

Ames, Iowa, United States

W

wisdom2080

Fullerton, United States

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