Selling safety equipment for construction workers

Alfred Kunda

Kitwe, Zambia

17% repaid

Entrepreneur

Name

Alfred Kunda

Member since

December 2020

On-time repayments

20 installments  •  35%

About Me

My name is Alfred Kunda and am a business man raised in a family of business minded people. I faced a lot of challenges when growing up and my education was affected but i have always had hope and passion to do well in my business. I have a diploma in Business management and this has helped me to set my small businesses , i have 4 mobile money booths and a hardware shop where am mostly found. I am married with one child her name is Princess and she wants to be an engineer when she grows up.

My Business

I have two small businesss i have mobile money business and also have a hardware shop. From the mobile money booths people transact money and at the end of the month i get commissions from MTN. This has been a stable source of income for me. The other source of income is hardware shop where i sell various items especially building materials. I chose this business because a lot of people are building and need these materials.I make profit which i use for daily needs at home and mainly i reinvest in my business so that i can expand my businesses.

Loan Proposal

Firstly I want to thank Zidisha for helping me with a loan that has increased my earnings.I am applying for another loan to stock up safety equipment for sale to construction workers.I will buy worksuits, hards hats, gloves, safety boots and goggles from reliable sources and sell to my customers. A lot of People are building houses so there is demand for safety equipment for the people building.The profit I will make sure to repay loan on time.

Income Source

From my daily sales in my hardware shop i save some money so from there i can repay. Also the mobile money business i do is very profitable so i can also get some money from there. I am not worried about the harsh economy atleast am making something

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.60

Date disbursed

Feb 5, 2021

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $12.42

Credit risk payment: $34.78

Optional expediting fee: $24.84

Lenders

lietu

Tallinn, Estonia

Kjartan

Oslo, Norway

HMS_5th_Grade

Honolulu, United States

camilberlin

Berlin, Germany

T

Taupe

Balzers, Liechtenstein

W

WinWinNL

The Hague, Netherlands

markpearson

Portsmouth, United Kingdom

Vesa

Helsinki, Finland

Paul Smithson

Leeds, United Kingdom

PC

Pedro Cambra

United Kingdom

Paul Buchheit

Mountain View, United States

E

EJOBIV

United States

D

Dan

Australia

Ask Alfred a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...