Entrepreneur
Name
Monica
Member since
January 2021
On-time repayments
5 installments • 40%
About Me
My name is Monica Phiri and I come from Mufulira. I grew up with my mother after she was divorced when I was just young. My mother was selling in the market until when she got paralysed 3 years ago thats how I abandoned school and had to continue with selling so that i buy food and take care of my mother and 2 siblings. Life has been challenging but I am a very determined person.
My Business
Like I said i sell clothes in our shop in the market. This is where my mother was also selling before she became ill. The sale are okay except that I need extra capital to pump in the business so that it can grow.I therefore need a loan to support my business.
Loan Proposal
I need a loan to help buy more items for sale. I am managing a shop for my family and I sell baby clothes, ladys clothes and also mens clothes. The baby clothes are very much on demand. This is why I need a loan to increase inventory in the shop so that as my sales increase I will also be able to increase my earnings.
Income Source
I am very sure that from the clothing sales in the shop, am able to make enough money to pay back the loan. I will really appreciate if I can be helped by Zidisha.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$59.00
Date disbursed
Jan 20, 2021
Repayment status
On Time
Projected term
2 weeks
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