Misozi
Lusaka, Zambia
$0 to go
100% funded of $567 goal
0
days left
Name
Misozi
Member since
August 2020
On-time repayments
20 installments • 55%
My is Misozi Namusokwe i come from Mbala which is located in Northern Province.Am a business entrepreneur.I completed my high school but i have not yet gone to college to further my education as am still raising more to pay for tuition.My vision is to become a medical doctor in future.
I ran a saloon and i sale cosmetics, ladies make ups, i sale hair wigs of different types and i also plat hair as well as nail polishing.My saloon attract more customers and is located in the central business.The business is doing fine and i make good income.
Dear lenders in previous loan that I have successfully repaid, I managed to buy building materials that were needed to finish the salon and pay for the labour. Am now requesting to purchase the roofing sheets and some paint to paint the shop. However, I will have more benefits because I will be trading in my shop and the saving that was going towards the rentals will now be used to grow and expand the business by buying more saloon tools and equipment's to the make the business lucrative and attract more customers. Before I was making 4500 as profit but now since I will not be paying rental I will increase my profit revenue to 8500 ZMW.
Currently my business has improved tremendously both the salon and the cosmetic section in my shop. Sales revenue each day I sale close to 800 ZMW, to 1000 ZMW of which I have planned in advance to save the for restocking products and also repay the loan. The goods news is that now I will be operating my own shop I will more saving and repay the loan in good time.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$567.00
Date disbursed
Apr 9, 2021
Repayment status
Late
Projected term
2 months
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Sabrina Feb 7, 2021
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