8 installments • 50%
My name is Rodgers Mwale born in Zambia in the year 1998 in Mufulira town. I started my primary education and finished my grade 12 at Butondo high school. I come from a family of 4 and am the 3rd born. My parents divorced when I was still young so my mother left me with my uncle in chambishi where I have started my life. My interest for school and desire to have a bright future pushed me to reach where I am. I am not yet married I am in business after studying a certificate in plumbing.
My desire to start engineering could not work because of lack of support from my family. But however I thank God that I studied a course that helped me start my own business now. I have a certificate in plumbing an di started by doing small jobs in peoples houses. I used to go round my township on foot from house to house to check who has a problem with water pipes. Later on I got known by people now they started calling me. I decided to start this business because I realized this service was needed in my community. I now have a team we have specialized in digging wells and instalion of pumps in farms and houses. My typical cost is labour as I have to pay people am working with.
This loan am applying for I want to buy a well water to install for one client. I am a qualified Plumber I service water systems in peoples houses .I also dig wells in various farms and residential plots. I will put the money to good use and ensure that once my client pays for the installation I will also be able to quickly pay for my loan.And am sure that my business will improve and I will be able to make more profit. With the profit I can buy food at home and reinvest the money in my business.
In times of economic hardship I am skilled as a plumber there are a lot of people in my community building houses everyday and they need a qualified plumber who can offer quality. SO from there I know that I can make money to repay. I will try my level best to repay the loan and not disappoint my lenders. Thank you and God bless you.
Jan 2, 2021
Cost to entrepreneur
Service fee: $1.36
Credit risk payment: $2.48