Well-water pump

Rodgers Mwale

Chambishi, Zambia

100% repaid

Entrepreneur

Name

Rodgers Mwale

Member since

November 2020

On-time repayments

8 installments  •  50%

About Me

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 Business

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.

Loan Proposal

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.

Income Source

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.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.80

Date disbursed

Jan 2, 2021

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $1.36

Credit risk payment: $2.48

Lenders

M

M

Australia

Christine E Graham

New York, NY, United States

Silke Lange

Oldenburg, Germany

E

Eric

Pittsburgh, United States

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