Mobile-money business

Cephas

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Cephas

Member since

October 2016

On-time repayments

64 installments  •  42%

About Me

A businesses oriented young professional with aim of realising financial independence both for myself and the people I employ more so as I champion financial inclusion to the unbanked.

My Business

Mobile financial services being a part of the emerging DFS that are a competitive option to traditional banking services.

Loan Proposal

This loan will be used to recapitalize the already existng mobile money business bu increasing float for the mobile money retail outlets. The demand for the business has grown but is slowed down by low float. An increase in float for the two mobile money retail outlets currently available will help increase profitability by atleast 50%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$631.00

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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