Selling men's shoes

Chinymba

Ndola, Zambia

100% repaid

Entrepreneur

Name

Chinymba

Member since

January 2021

On-time repayments

4 installments  •  50%

About Me

I am Chinyima Matipa and am married with one child. I come from a family of 10. When i completed secondary school i couldnt go to college due to financial challenges by my family. So i decided to start buisness with my aunt. I was selling her stand helping her and she used to pay me but am now independent. i order shoes from South afriac then I resale from my shop.

My Business

I started helping my aunt at a tender age so i had an idea about selling, how to attract customers, how to keep sales records. So at a time when there was a challenge to go to college and there was no money from my parents i decided to work and sell clothes and shoes for others thats how I manage to raise capital.

Loan Proposal

I have many customers who like my shoes and clothes. and also because of the good quality of shoes i sell, i have customers almost every time. The loan am applying for I want to order some new stock of shoes which most customers have been asking me for. The profit I make I reinvest in the business so that it keeps growing.

Income Source

Apart from selling shoes to my customers i have another shop which i bought from someone and am just renting it now. So from the two sources of income i can mange to repay my loan even when faced with economic challenges.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Jan 13, 2021

Repayment status

On Time

Projected term

1 week

Lenders

JE

Jason E

United Kingdom

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