Purchase mobile money units and phones

Richard

Chongwe, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Richard

Member since

December 2020

On-time repayments

40 installments • 35%

About Me

My name is Richard Simalundu. I manage a farm and a Mobile Money Shop.

I live in Chongwe farming area, in Lusaka East.

I was born in 1997 and I am a father of two children. One boy and one girl. My wife's name is Elizabeth and she is a nurse.

My Business

I am a farmer and I also run a shop where I sell mobile units and phones.

Other services which I provide in the shop includes, mobile money services to the residents of my area.

Loan Proposal

I plan to use the loan to purchase Mobile Money Units and Phones to stock in my shop.

My shop is located in a farming area where essential products, such as mobile money services, mobile units and mobile devices are not available.

My shop provides these products and I am able to use the money gained from the business to invest in my farming business.

Income Source

Both the farm and the shop are able to bring in much needed income.

I will use this money to pay for my loan repayments, as well as to invest in the farm and the shop.

My Videos

Feb 13, 2021: Purchase mobile units and phones

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LM
Logan Max Jan 21, 2021

Richard paid back his loan over a week before it was due. I would gladly lend to him again.

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- Richard Feb 14, 2021
  
  Hi Logan,
  
  Thank you for your support!
  
  I have repaid my loan in full and I have applied for a new loan.
  
  Please continue to support me in my business. Thank you and stay safe!
  
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