Purchase of saloon equipment

Mercy

Chililabombwe, Zambia

100% repaid

Entrepreneur

Name

Mercy

Member since

July 2020

On-time repayments

5 installments  •  60%

About Me

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 Business

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.

Loan Proposal

For this saloon i need to buy all such as the hair dryers, hair blowers, nail filers, cosmetics and dressing mirrors, i want the saloon shop to attract more customers and satisfy all their needs, thereby making more profits for the business.

Income Source

Saloon business has not been at all been negatively affected by the economic changes in the country am able to generate a steady income which will help me repay the loan in good time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Aug 3, 2020

Repayment status

On Time

Projected term

1 week

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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