Upgrading the service delivery

Felix Chanda Shane

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Felix Chanda Shane

Location

Lusaka, Zambia

On-time repayments

56 weekly installments  •  80%

About Me

My child very brife i was born in Lusaka Zambia am the only child to my mum and dad. I was raised by my grandparents .I attended Grade one to grade twelve in Lusaka and qm currently pursuing a diploma in Computing and information System. I face problems and hardship head on i always clear my mind have a positve mind other wise hardships are just part of life we learn and gain experience every time. My land is a land of opportunities as a developing Nation we are the people bringing in new cultures. I dont have any children but what i think is every child wants a strong foundation of education and development as an upcoming entrepreneur i am building all the supplements for the children.
My hobbies are repiring machinary, learning new technology, problem solving etc.

My Business

I am currently involved in two business these are mobile money sevices and clothing shop that I opened in July 2021. In total profits I am generating k2500 Monthly on avarage weekly I am generating k680 net profit. My businesses are located in various parts of Lusaka yet to expand even more other areas.

Loan Proposal

Looking at the increase of the covid 19 cases it very difficult to maintain business profitability. it has come to mind that i will need to raise a little bit more to stabilize on business cost like transport and other service delivery cost

Income Source

to all my fellow business men and women if your business requires you to move from one place to another like my business it is important to prepare your self have a face mask and always remember to have hand sanitizer avoid hand shakes and observe social distancing i thank you all

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$42.59

Date disbursed

May 20, 2020

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: 10% of $42.59 = $3.18

Credit risk payment: $3.82

Lenders

John

United States

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