Purchase shop equipment for tailoring business

Conrad Tembo

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $238 goal

0

days left

Entrepreneur

Name

Conrad Tembo

Location

Lusaka, Zambia

On-time repayments

12 weekly installments  •  42%

About Me

I'm Conrad tembo, im a second year electrical engineering student. ive a small scale business in chanyaya Kafue. I was introduced to this platform by my mother and she's my guarantor. I need a loan in order to boost my business you approval will be appreciated.

My Business

my business is a grocery shop and a design shop I operate with two machines but unfortunately one machine is down. I make 120 per day before cutting out expenses

Loan Proposal

I need the loan to buy office equipment to improve the services I render to my clients and also employ a tailor to grow my business.

Income Source

Once I purchase my equipment I'll be able to generate more revenue which will make it very possible to return the loan on time..

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$238.42

Date disbursed

Mar 8, 2021

Repayment status

Late

Projected term

7 weeks

Cost to entrepreneur

Service fee: 5% of $238.42 = $16.03

Credit risk payment: $48.22

Optional expediting fee: $32.13

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