Purchase mobile money units and phones
Richard
Chongwe, Zambia
100% repaid
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
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$525.00
Date disbursed
Feb 16, 2021
Repayment status
On Time
Projected term
5 months
Lenders
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Summary
Amount repaid
$525.42
Amount remaining
$0.00
Date repaid
May 27, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 25, 2021 | $10.11 | Mar 20, 2021 | $10.11 |
| Mar 4, 2021 | $0.00 | ||
| Mar 11, 2021 | $0.00 | ||
| Mar 18, 2021 | $10.11 | Mar 21, 2021 | $10.11 |
| Mar 25, 2021 | $0.00 | ||
| Apr 1, 2021 | $0.00 | ||
| Apr 8, 2021 | $0.00 | ||
| Apr 15, 2021 | $10.11 | May 11, 2021 | $10.11 |
| Apr 22, 2021 | $10.11 | May 11, 2021 | $10.11 |
| Apr 29, 2021 | $10.11 | May 11, 2021 | $10.11 |
| May 6, 2021 | $10.11 | May 11, 2021 | $10.11 |
| May 13, 2021 | $10.11 | May 11, 2021 | $7.25 |
| May 14, 2021 | $2.86 | ||
| May 20, 2021 | $10.11 | May 14, 2021 | $10.11 |
| May 27, 2021 | $10.11 | May 14, 2021 | $10.11 |
| Jun 3, 2021 | $10.11 | May 14, 2021 | $10.11 |
| Jun 10, 2021 | $42.93 | May 14, 2021 | $38.35 |
| May 23, 2021 | $4.58 | ||
| Jun 17, 2021 | $42.93 | May 23, 2021 | $19.27 |
| May 27, 2021 | $23.66 | ||
| Jun 24, 2021 | $42.93 | May 27, 2021 | $42.93 |
| Jul 1, 2021 | $42.93 | May 27, 2021 | $42.93 |
| Jul 8, 2021 | $42.93 | May 27, 2021 | $42.93 |
| Jul 15, 2021 | $42.93 | May 27, 2021 | $42.93 |
| Jul 22, 2021 | $42.93 | May 27, 2021 | $42.93 |
| Jul 29, 2021 | $42.93 | May 27, 2021 | $42.93 |
| Aug 5, 2021 | $42.93 | May 27, 2021 | $42.93 |
| Aug 12, 2021 | $37.88 | May 27, 2021 | $37.88 |
Logan Max Jan 21, 2021
Richard Feb 14, 2021
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