Name
Serah
Member since
August 2018
On-time repayments
104 installments • 57%
Am a Zambian lady by the name of Serah Muzyoka .I was born in the year 1987 in the southern part of Zambia in a rural part of a town called monze. I started my school in the year 1995 at a school called Kaloba in Monze west after which i went to do my grade eight and nine in the Western part of Zambia at a school named Limulunga Secondary school in Mongu town. After completing my grade nine I stayed for about two years without learning due to financial challenges. However i proceed with my senior grades later and i managed to complete my grade 12 in 2011 at Masuku Secondary School in southern province of Zambia , though this was done under difficulty financial challenges. I'm currently pursuing a degree programme in Special Education and English at Victoria Falls University Of Technology in Livingstone town in southern province of Zambia and I'm in my third year.
I started a business to help me support my education and the education of my children. My business deals in buying second hand clothes(bales) and then resale them. These clothes are on demand due to the fact that they affordable to most people unlike new clothes in boutique s that are expensive. I chose this business because it was easy to start even with a small capital because one can start by just ordering few clothes from people selling at a slightly lower price and resale them at a higher price and make a little profit, so you don't necessary need to buy a bale when you're starting.Currently I manage to order two bales of second hand clothes at $400 ,in a week i manage to realise $135.00 with expenses amounting to $11.00 giving me a profit of $124 per week.
When I get this loan it will help me increase my orders of second hand clothes and it will help me easily meet my transport costs.
I agree with you that many business are really struggling and my business may not be an exception but however I would like to state that our government has really helped us by not closing our business operations, so we are trading normally adhering to the health guidelines and so we are able to make some profits.The other way I will be able to pay back is that I have other income generating ventures that will assist me pay back.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$239.00
Date disbursed
Aug 22, 2020
Repayment status
On Time
Projected term
6 months
Other loans
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Amount repaid
$152.76
Amount remaining
$0.00
Date repaid
Mar 5, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 4, 2020 | $25.47 | Aug 29, 2020 | $25.47 |
Sep 11, 2020 | $3.05 | Sep 13, 2020 | $3.05 |
Sep 18, 2020 | $3.05 | Sep 21, 2020 | $3.05 |
Sep 25, 2020 | $3.05 | Sep 26, 2020 | $3.05 |
Oct 2, 2020 | $3.05 | Oct 3, 2020 | $3.05 |
Oct 9, 2020 | $3.05 | Oct 14, 2020 | $3.05 |
Oct 16, 2020 | $0.00 | ||
Oct 23, 2020 | $0.00 | ||
Oct 30, 2020 | $3.05 | Nov 4, 2020 | $3.05 |
Nov 6, 2020 | $3.05 | Nov 6, 2020 | $3.05 |
Nov 13, 2020 | $3.05 | Nov 20, 2020 | $3.05 |
Nov 20, 2020 | $3.05 | Nov 20, 2020 | $3.05 |
Nov 27, 2020 | $3.05 | Nov 20, 2020 | $0.16 |
Dec 6, 2020 | $2.88 | ||
Dec 4, 2020 | $5.82 | Dec 6, 2020 | $3.21 |
Dec 15, 2020 | $2.61 | ||
Dec 11, 2020 | $0.00 | ||
Dec 18, 2020 | $0.00 | ||
Dec 25, 2020 | $7.95 | Jan 11, 2021 | $7.95 |
Jan 1, 2021 | $7.95 | Jan 11, 2021 | $7.95 |
Jan 8, 2021 | $7.95 | Jan 11, 2021 | $0.44 |
Jan 25, 2021 | $7.51 | ||
Jan 15, 2021 | $7.95 | Jan 25, 2021 | $0.98 |
Feb 13, 2021 | $6.97 | ||
Jan 22, 2021 | $7.95 | Feb 13, 2021 | $3.92 |
Feb 21, 2021 | $4.03 | ||
Jan 29, 2021 | $4.14 | Feb 21, 2021 | $4.14 |
Feb 5, 2021 | $0.00 | ||
Feb 12, 2021 | $7.67 | Mar 3, 2021 | $7.67 |
Feb 19, 2021 | $7.67 | Mar 3, 2021 | $7.67 |
Feb 26, 2021 | $7.67 | Mar 3, 2021 | $7.67 |
Mar 5, 2021 | $7.67 | Mar 3, 2021 | $0.93 |
Mar 5, 2021 | $6.75 | ||
Mar 12, 2021 | $7.67 | Mar 5, 2021 | $7.67 |
Mar 19, 2021 | $8.76 | Mar 5, 2021 | $8.76 |
David Mar 10, 2021
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