Victor
Kitwe, Zambia
$0 to go
100% funded of $45 goal
0
days left
Name
Victor
Member since
September 2018
On-time repayments
4 installments • 75%
My name is Victor Chisanga am 22 years old I was born in a family of three being the first born of the family I completed senior secondary school in 2016 and i couldn't continue to college due to financial challenges, In January, 2017 i started doing domestic work and i raised capital of 87 dollars to start my small business of buying and selling of phones, phone accessories and phone repair
In January, 2017 i started doing domestic work and i raised capital of 87 dollars to start my small business of buying and selling of phones and phone accessories from neighboring countries from the republic of Tanzania and and from republic of Congo DRC which am currently running, my business is suitably located at the center of township and have more clients especially those who can't afford transport to town and have been making 21 dollars profit per week the phone is now a necessity to everyone is no longer a luxury hence making that profit and i support my sisters paying school fees and some profit i reinvestment in growing my business
Am applying for a loan to your organization that will boost my business with stocks so that i can satisfy my customers
Am applying for the new loan that will help to restock my phone shop to increase in the number of customers for my business
New phone accessories will attract and improve the efficiency of serving customers hence higher amount revenue at the end of the week
phone accessories cost $50 hence if my loan is funded i will add some cash to order the phone accessories and this will boost and grow my business
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$45.00
Date disbursed
Dec 14, 2018
Repayment status
Late
Projected term
1 week
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