Lucky Desmond
Mazabuka, Zambia
28% repaid
Name
Lucky Desmond
Member since
October 2016
On-time repayments
148 installments • 18%
Born in the year 1993 is a young, energetic, Zambian man. I am first in a family of five.
I completed my education at secondary level, (Grade 12) in 2012 under the umbrella of both my parents but to date there still has been a struggle to for my parents to raise enough funds so that I get to college .
In this case I made a suggestion to my parents that they should help me with some capital to start a small studio so that I could raise some funds for my further education.
I started this business because I have a strong passion for music more especially the production part. I got inspired by my teacher of music during his lessons in class.
He used to tell me he saw potential in me to lead in the music industry, and that encouraged me a lot to put extra effort to the field.
And so with this I hope to continue with this art till I get to international and professional level.
My business includes production of music, provision of musical instruments for hire and secretarial services ranging from printing, typing, scanning, editing, photocopying and many more.
These services are so important to my surrounding community for running of day to day business and as such, being one of the few providers around, there is great chance of growing the business bigger.
The idea of coming upon with this business was to fundraise monies for my school. But now has proved to be my field of choice and will not only get me back to education but also stand to be source of living for my family to be. Therefore the monies raised are used for educational savings and part for recapitalising my business for the purpose of expansion.
This in turn will help my business be able to employe others after good expansion.
This loan amount will be used to purchase a musical mixer for the purpose of music production and PA system for hire. The purchase is estimated for $450 hence this loan amount will save as a top up.
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Project Type
Classic Loan
Disbursed amount
$185.00
Date disbursed
Nov 15, 2016
Repayment status
Late
Projected term
58 months
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