Mercy
Chililabombwe, Zambia
50% repaid
Name
Mercy
Member since
July 2020
On-time repayments
5 installments • 60%
My is Mercy Kayewa am a proud African Zambia young lady, i come from the humble background from the family 6, being 2 girls and 4 boys.I never completed my due to financial constraints hence am just a business young lady,Zambia is a peaceful country and has 72 tribal languages.The its motto one Zambia one Nation has put the people together despite their tribe.
My source of income is coming from the saloon, clothing and cosmetic beauty parlor.The service and goods i sale demand is there because they benefit the local people in our community more especially the ladies which is the target market for my business.I invested over 9000 ZMW and i make a weekly profit of 1200.00 ZMW, i use it for reinvestment and improving the living standard at home.
Am requesting for this loan to purchase, 2 hair driers, 3 blowers and saloon dressing mirrors.This help attract more customers and attend to more two customers at once in the shop thereby creating daily sales revenue.Per each service done or given to customers i make ZMW 50.00 and if i service 5 customers per day, my daily service revenue is ZMW 250.00, Therefore weekly am expected to make ZMW 1250.00
This type of business is rarely affected because its ladies beauty style, i generate good income on a daily basis, ladies always want to look beautiful and nice and my saloon provide the quality service them profitably.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$33.00
Date disbursed
Aug 20, 2020
Repayment status
Late
Projected term
4 weeks
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