Name
Chinymba
Member since
January 2021
On-time repayments
4 installments • 50%
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.
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.
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.
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.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$19.00
Date disbursed
Jan 13, 2021
Repayment status
On Time
Projected term
1 week
Other loans
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Jason E Jun 18, 2021
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