Restocking my jewelry shop

Mazuba Hachelo

Lusaka, Zambia

43% repaid

Entrepreneur

Name

Mazuba Hachelo

Location

Lusaka, Zambia

On-time repayments

15 weekly installments  •  13%

About Me

My name is Mazuba Hachelo and am 25 years of age.I come from a humble background.I completed my high school and i hold a certificate in Sales and Marketing management.I have a small jewel shop which i own in town and stock different types of jewels.Am business minded and vision is develop this business and expand.

My Business

I have a small shop outlet in town were i sale different types jewels to the general public.These goods are profitable and demand is very high.I choose to jewels because i sale them very fast especially the female folk that buy them nearly daily at my shop.Therefore i make good profits and i use the profits to pay shop rentals, restocking and home improvement.Some profits i save in my bank account to pay for University Tuition Fees and develop my education career in the near future.

Loan Proposal

I have planned to buy and restock the following goods in Jewel shop;
1. Wedding rings, during November and the festive season Wedding are very common and people frequent the jewel shop to buy wedding rings.
2. Wrist watches
3.Ear Rings
4.Neck chains or laces
5.Ladies leg chains and nose rings

Income Source

A number of business have been facing challenges during this period, it has not been easy especially during lock down.But now the economic is getting back its improving and the Jewel shop during this period it is improving.In the coming weeks i will be able to repay my loan weekly.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.50

Date disbursed

Nov 13, 2020

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $11.04

Credit risk payment: $12.14

Optional expediting fee: $11.04

Lenders

G

glomardor

Leonardtown, United States

swendl

Iowa, United States

Arjan Geven

Vienna, Austria

mepster

San Francisco, Ca, United States

Pascal Coyles

Ghent, Belgium

A

andreab

United States

S

Stephan

Netherlands

JL

Joao Leal

United Kingdom

Dave Bogard

New York, United States

MW

Matt Willis

United States

Jake Badger

Roskilde, Denmark

JC

JD Conley

United States

A

Andrei

United States

Rory McLaughlin

Dallas, United States

Peter Collins

Darmstadt, Germany

C

Camm

Australia

J

Jeremy

United States

C

Cole

United States

TN

Toby Nelson

United States

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