Buy winter clothes to resell

Bubala Malambo

Monze, Zambia

100% repaid

Entrepreneur

Name

Bubala Malambo

Location

Monze, Zambia

On-time repayments

11 weekly installments  •  73%

About Me

My name is Bubala Malambo from Monze Southern Province of Zambia.
I completed my high school in 2017 and after passing my grade 12 exams, my parents could not afford to take me to university because of various issues affecting their income. So instead of waiting on them to find something for me to do or keep me busy with as I was still waiting to go to university I decided to start up my own business which was selling second hand clothes.

My Business

My uncle helped me with some capital and that is how I first started selling second hand clothes to the community.
I sell almost all types of clothes ranging from dresses, shirts, bedsheets, stocks, hoodies etc. My business is still growing, I recently ordered for blankets to sell because the whether here is very cold.
on average, my business is going on well because I am a little flexible with the prices so many people turn up in numbers every time I return with new clothes .

Loan Proposal

With the loan, I am planning on buying more winter clothes for my shop. This is because so many people around the community are in search of winter clothes that will keep them warm through the cold season.
This will not only profit my business but will also sale in no time allowing me to take care of my bills in no time.

Income Source

By the end of next week, I am more than assured that I would have raised enough money to repay my loan without any hiccups

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$15.65

Date disbursed

Jul 1, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: 5% of $15.65 = $1.08

Credit risk payment: $4.39

Lenders

Sundstroms

Falun, Sweden

GB

Gernot Barnreiter

Vienna, Austria, Austria

R

Rudy

Philadelphia, United States

Ask Bubala 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...