Selling school-uniform sewing materials

Joseph Mambwe

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Joseph Mambwe

Member since

December 2020

On-time repayments

14 installments  •  57%

About Me

Hello lenders, my name is Joseph Mambwe and I am 18 years old . I am the first born in a family of 3. Most young men at my age would be in college by now but am doing business because i have to support my two siblings. I lost my two parents in a road accident when I was 15 and I couldnt continue in school but took up the business my parents were running.

My Business

I sell sewing materials and clothes in my shop.My parents died when I was 15 and left a shop where they were selling clothes and this was their main source. I stopped and continued to run this business and there has been an improvement. With more funding I can do even better. The cost i face is transport when buying materials for sale.All the profits from this shop goes to paying school fees for my two siblings.

Loan Proposal

I want to thank my lenders for lending me. Now am applying for loan amount 3,625 ZMW and the purpose of the money is to buy school uniform materials. As schools are reopening very soon there will be a high demand for school uniforms . And not all parents are able to buy brnad new school uniforms from shops, most of them buy materials and take to a tailor. So i want to use this money to buy materials for sewing school uniforms.new The profit I will make will go towards paying for school fees for my siblings.

Income Source

The shop where I sell also has a space for a tailor .Then I also sell clothes and sewing materials for school uniforms and these very good quality. The demand is high so sell everyday.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$175.47

Date disbursed

Jan 20, 2021

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $10.71

Credit risk payment: $34.31

Optional expediting fee: $21.41

Lenders

investor

Candiac, Canada

Svenip

Vienna, Austria

Elaine123

Philadelphia, United States

Cloudways

Malta, Malta

Bobrm2k3

Charleston, United States

A

AndrewC

London, United Kingdom

Freewolf

Salt Lake City, United States

Scotts5320

New York, United States

sderickson

Berkeley, CA, United States

utdream

United States

Per Dahl

Norrköping, Sweden

T

Tony1

Australia

Robert Long III

Bridgman, MI, United States

Dayton

Vancouver, Canada

Kevin

San Francisco, United States

Paul

Seattle, United States

ME

Manaal Eisa

Washington DC, United States

M

Mart

United Kingdom

PG

Paul Graham

United States

Aran Dunlop

United States

BS

Brad Syverson

United States

P

Peter

Bratislava, Slovakia

SA

Shar Alamdari

Los Angeles, United States

WS

Warren Shen

United States

Day Family

Melbourne, Australia

HCPSPIRIT

Helsinki, Finland

Diane U

Olympia, Wa, Usa, United States

SS

Sandi Smith

Pimpama. Queensland, Australia

Nethanel Kohen

NYC, United States

RA

Ravel Antunes

United States

H

Haley

United States

Richard Paulin

Melbourne, Australia

CH

Christian Holck

United Kingdom

Remo

Switzerland

C

Carol

Bayswater, WA, Australia

E

EllisWMiller

United States

BS

Brendan Scanlon

Troy, United States

alexalexalex

Berlin, Germany

R

Roman

Germany

Christine

Munich, Germany

NB

Nikolaus Bührer

Karlsruhe, Germany

JA

Justin A

Fort Collins, United States

S

Sam

New Zealand

J

John

Minneapolis, United States

E

emily

Australia

Michael Chew

Melbourne, Australia

TM

Toby Minton

United States

AS

andrea skeen

Aptos, United States

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