Purchase engine replacement parts

Moses Mashoko

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Moses Mashoko

Member since

November 2020

On-time repayments

36 installments  •  56%

About Me

My name is Moses Mashoko. I live in Lusaka's Chelston area. I am married to a Patricia and together we have three children.

Patricia works as a nurse at one of the local clinics. I am a businessman who hires out motor vehicles to individuals and companies.

Due to the Covid-19 pandemic, transport business has been slow, so I used some of the money which I borrowed from Zidisha lenders to open a grocery store.

My Business

My main business is selling household goods in my Shop which is located in Chelston township.

I sell various types of household goods, such as cleaning detergents, foodstuffs and soft drinks.

Loan Proposal

I plan to use the loan to buy several replacement parts required for one of my vehicles which I use for hiring to local and international clients.

The replacement parts are locally available so no need to pay import duties and other fees.

Income Source

Business is going well and the festive season has brought good business to my company. My car hire business is very busy at this time.

My Videos

Feb 15, 2021: To purchase goods for my shop

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$152.24

Date disbursed

Dec 25, 2020

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $9.29

Credit risk payment: $33.48

Optional expediting fee: $18.57

Lenders

Paul Buchheit

Mountain View, United States

Ask Moses a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...