Phone project

Loyd

Mazabuka, Zambia

43% repaid

Follow Loyd

How it Works

Entrepreneur

Name

Loyd

Member since

October 2016

On-time repayments

57 installments • 11%

About Me

i completed my secondery education in 2009,i grew up at the farm the only experience about my childhood is that i loved farming of maize and vegetable and taking them for sale at the local market from the farming of vegetables and maize thats where i raised my capital to my phone business.
people in this place like livestock keeping

My Business

i sale mobile phones and accessories on
there is an increased number of mobile phone users
the turnover of the phones and accessories is good thats why i chose that business
the only running costs i inccur is payment of salary of my employee am not paying any kind of rentals as my business is on the street
i use the profits to pay school fees for my young brothers and the remaining profit i buy food and re invest in phones.

Loan Proposal

with the loan i will buy phone accessories,this includes batteries,charger
the remaining amount i will buy 3 or 4 mobile phones for resale
it will benefit me in a way that my inventory will increase
i expect my profit to increase my 100%