Raising money for a boarding house

Betty

Mufulira, Zambia

100% repaid

Entrepreneur

Name

Betty

Member since

May 2019

On-time repayments

76 installments  •  38%

About Me

My name is Betty Mwila Mutale im 36 years old I m a business lady. I have a diploma in Purchasing and supply but jobs are hard to find so I decided to become an entrepreneur I order and sell wedding dresses and I have added kitchen party dresses to my collection

My Business

I sell and hire wedding dresses and accessories and I have added kitchen party dresses to my collection I want to complete my building project i stay near a college I want to build a boarding house for students at the college to lent. I have a Facebook page and usually find my customers on Facebook.

Loan Proposal

Hot season is over this time I will buy a bale of ladies jackets the kind that teachers like putting on and re-sale will save the profit to by what my building projects will need. Thank you so much for this opportunity it's helping us fulling dreams as you know it's difficult to just think about what you want without a source of funding I'm so greatfull this will help me reteryer with assets in my name I never thought it was possible but it is I love it and will always make sure from the weekly sales I repay towards the loan on time even before if possible thank you so much my lenders there is so much I want to say thank you God bless you.

Income Source

The jackets I will by are on demand as schools have opened despite the covid situation and many teachers find it difficult to find appropriate clothes that they should wear at work and i sell and hire wedding dresses and accessories it's a good business in my area as many people where I live are not into it will advertise agressively plus we have social media I will be advertising there as well to grow my market there are many pages that I can use to advertise my business of the wedding dresses and the second hand line of clothing many people search for things on social media before they even go out there and walk around in the shops I make sure my prices is a bid lower to attract customer it will work out I know it will. Plus other people got the swimsuits I had on credit will be receiving payments from them as well.

Feedback

1

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  • Ole Hirschbrich    Dec 3, 2020

    It has been my first supported project and everyting went perfectly smooth with Betty!! I can only recommend her as and keep on going with supporting her or others, thanks for this positive experience!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Nov 4, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

Ole Hirschbrich

Hamburg, Germany

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  • Betty    Jun 10, 2022

    Im so sorry i didn't have a phone or access to internet where i went in the farms i will pay soon starting tomorrow

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  • Betty    Apr 22, 2022

    I ordered some items but they have delayed coming because of the lockdown in china the past weeks

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  • Betty    Mar 15, 2022

    Thankyou for been part of my journey. I will buy more bridal robes to hire out to brides and their bridesmaids. These are used during makeup sessions on the wedding day. The money genarated you be used to pay back the loan and buy some materials for my building project slowly but surely we will finish.

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  • Betty    Mar 15, 2022

    Thankyou so much for been part of my journey im greatfull

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  • Betty    Mar 12, 2022

    Thankyou my so much i bought 2 bridal robes which im hiring out and they are been hired everyweekend

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  • Betty    Feb 13, 2022

    I will buy more bridal robes has i need to carter for the all crew the bride and her bridesmaids thankyou so much

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  • Betty    Feb 11, 2022

    In the loan i got i bought 2 bridal robes at 110 each im hiring each at 50 kwacha so far 6 people have hire them 3 have used and 3 will use later.

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  • Isahaku    Feb 2, 2022

    Good luck

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  • Betty    Feb 2, 2022

    Thankyou so much to my lenders my stock is growing together we can

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  • Betty    Jan 11, 2022

    Thankyou my lender i got my loan and bought 2 crowns to hire out

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  • Betty    Jan 7, 2022

    Thankyou my lenders for funding my loan im so greatful it helped me alot i have bought a bridal bouquet as part of my wedding attire collection which will help in building a boarding house

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  • Betty    Dec 17, 2021

    Thankyou my lenders i received the money 110 kwacha i will by a wedding crown to hire out to my clients. Thankyou so much

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  • Betty    Nov 3, 2021

    Thankyou sir for finding my project i want to add to my stock of wedding attire that i hireout thankyou so much

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  • Betty    May 6, 2021

    With the last loan I bought school bags I made a mistake of giving them out on credit and getting the money back was a difficult as people couldn't pay on time.

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  • Betty    May 5, 2021

    I finally finished paying even though the economy has not been friendly thankyou so much to my lenders

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  • Jesper    May 5, 2021

    Betty Mutale has promised to resume repayments soon.

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  • Betty    Apr 13, 2021

    Business has been bad but I will finshi paying this time around I'm so sorry for the delay I want this to work for me I'm not giving up

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  • Betty    Jan 25, 2021

    I bought a bale of schools bags I was hoping to sell monthend of DEC because schools where supposed to open in January but due to Covid schools will not open untill feburay 1st so I'm hoping to sell starting next week before schools open and wedding have been cancalled due to covid noone is hiring wedding dresses so on my next loan I will venture into food as because weather covid or not people got to eat

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  • Jesper    Jan 10, 2021

    I spoke to Betty and she said that she will resume repayments this week. Thank you

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  • Betty    Dec 21, 2020

    Thankyou so much my lenders this will go a long way

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