Entrepreneur
Name
Mwenda
Member since
March 2016
On-time repayments
263 installments • 63%
About Me
My full name is Mwenda Kaluwaji aged 31 male based in Lusaka Zambia. I grew up in a huge family where we had to share every little we had. Completed my high school back in the year 2006 then went on to pursue a course in business management which has always been my passion. Well after College I got a job at Entrepreneurs Financial Centre (EFC Zambia) one of the leading micro-finance organisation in Zambia. I was hired as a Sales Representative. Unfortunately the job did not last as expected ,but since I had saved some money I decided to start a business from the experience I got interacting with entrepreneurs from different walks of life and backgrounds. I later decided to venture into a profit making business till to date.
The uniqueness of my country is that it has about 60 percent of water-bodies of southern Africa contained in Zambia.
I envision my children to grow up in a modern city so as to ease and increase opportunities for them to pursue careers that they will be passionate about and ultimately be relevant in society.
And lastly, my hobbies include but not limited to reading and travelling.
My Business
My business is growing by the day and i have just ventured into potato selling.
This type of business is on demand because of growing fast foods restaurants around.
Having gained experience in running businesses i have decided to diversify into potato selling because of low cost of running it and also having access to my daily profits will help me plan well for growth plus during winter sales for potatos go up hence taking up this business during the gold rush season.
My typical costs range from paying rent $50 for my shop monthly, i have only employee who helps me when i go out to do other errands and so salary lunch plus transport is costing to $100 then also ordering of poatoes costs every week $200
The previous loan has really helped me stabalise my savings. the loan im applying for will greatly help me boost my stock through profits to reinvest in the business for more growth, i will also manage to pay for my degree program which im starting next month and manage other expenses.
Loan Proposal
The applied loan will firstly help me strengthen my liquidity at the booth as i plan to boost it a step further to meet the demand in currently having
the benefit it will bring me is that my weekly monthly commission will increase because with mobile money the more a transact huge amounts the higher my commission and it will also help me save for a shop which i intend to open soon. my family will also continue to benefit as it will help in paying our rentals and provide educational assistance to my young ones
i expect my business to grow with another 25% after i acquire this loan.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$526.00
Date disbursed
Oct 12, 2019
Repayment status
On Time
Projected term
20 months
Lenders
Southampton, United Kingdom
Austin, United States
Guildford, United Kingdom
Fontvielle, Monaco, Yemen
United States
United States
Denver, United States
United States
United States
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Summary
Amount repaid
$526.05
Amount remaining
$0.00
Date repaid
Jun 18, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 25, 2019 | $21.29 | Oct 22, 2019 | $21.29 |
| Nov 1, 2019 | $8.52 | Nov 1, 2019 | $8.52 |
| Nov 8, 2019 | $8.52 | Nov 11, 2019 | $8.52 |
| Nov 15, 2019 | $8.52 | Nov 15, 2019 | $8.52 |
| Nov 22, 2019 | $8.52 | Nov 25, 2019 | $8.52 |
| Nov 29, 2019 | $8.52 | Dec 3, 2019 | $8.52 |
| Dec 6, 2019 | $8.52 | Dec 9, 2019 | $8.52 |
| Dec 13, 2019 | $8.52 | Dec 15, 2019 | $8.52 |
| Dec 20, 2019 | $8.52 | Dec 25, 2019 | $8.52 |
| Dec 27, 2019 | $8.52 | Jan 5, 2020 | $8.52 |
| Jan 3, 2020 | $8.52 | Jan 5, 2020 | $8.52 |
| Jan 10, 2020 | $8.52 | Jan 20, 2020 | $8.52 |
| Jan 17, 2020 | $8.52 | Jan 26, 2020 | $8.52 |
| Jan 24, 2020 | $8.52 | Feb 9, 2020 | $8.52 |
| Jan 31, 2020 | $8.52 | Feb 9, 2020 | $8.52 |
| Feb 7, 2020 | $8.52 | Feb 9, 2020 | $8.52 |
| Feb 14, 2020 | $8.52 | Mar 16, 2020 | $8.52 |
| Feb 21, 2020 | $8.52 | Mar 16, 2020 | $8.52 |
| Feb 28, 2020 | $8.52 | Mar 16, 2020 | $8.52 |
| Mar 6, 2020 | $8.52 | Mar 16, 2020 | $8.52 |
| Mar 13, 2020 | $8.52 | Mar 16, 2020 | $8.52 |
| Mar 20, 2020 | $4.26 | Apr 12, 2020 | $4.26 |
| Mar 27, 2020 | $4.26 | Apr 12, 2020 | $4.26 |
| Apr 3, 2020 | $4.26 | Apr 12, 2020 | $4.26 |
| Apr 10, 2020 | $4.26 | Apr 12, 2020 | $4.26 |
| Apr 17, 2020 | $4.26 | Apr 21, 2020 | $4.26 |
| Apr 24, 2020 | $4.26 | May 11, 2020 | $4.26 |
| May 1, 2020 | $4.26 | May 11, 2020 | $4.26 |
| May 8, 2020 | $4.26 | May 11, 2020 | $4.26 |
| May 15, 2020 | $4.26 | May 26, 2020 | $4.26 |
| May 22, 2020 | $4.26 | May 26, 2020 | $4.26 |
| May 29, 2020 | $4.34 | Jun 14, 2020 | $4.34 |
| Jun 5, 2020 | $4.34 | Jun 14, 2020 | $4.34 |
| Jun 12, 2020 | $4.34 | Jun 28, 2020 | $4.34 |
| Jun 19, 2020 | $4.34 | Jun 28, 2020 | $4.34 |
| Jun 26, 2020 | $4.34 | Jun 28, 2020 | $4.34 |
| Jul 3, 2020 | $2.21 | Jul 12, 2020 | $2.21 |
| Jul 10, 2020 | $2.21 | Jul 12, 2020 | $2.21 |
| Jul 17, 2020 | $2.21 | Aug 1, 2020 | $2.21 |
| Jul 24, 2020 | $2.21 | Aug 1, 2020 | $2.21 |
| Jul 31, 2020 | $0.00 | ||
| Aug 7, 2020 | $2.21 | Aug 4, 2020 | $2.21 |
| Aug 14, 2020 | $2.21 | Aug 30, 2020 | $2.21 |
| Aug 21, 2020 | $2.21 | Sep 5, 2020 | $2.21 |
| Aug 28, 2020 | $2.21 | Sep 5, 2020 | $2.21 |
| Sep 4, 2020 | $2.21 | Sep 5, 2020 | $2.21 |
| Sep 11, 2020 | $2.21 | Sep 13, 2020 | $2.21 |
| Sep 18, 2020 | $2.21 | Sep 26, 2020 | $2.21 |
| Sep 25, 2020 | $2.21 | Sep 26, 2020 | $2.21 |
| Oct 2, 2020 | $2.21 | Oct 2, 2020 | $2.21 |
| Oct 9, 2020 | $2.21 | Oct 9, 2020 | $2.21 |
| Oct 16, 2020 | $2.21 | Oct 16, 2020 | $2.21 |
| Oct 23, 2020 | $2.21 | Nov 9, 2020 | $2.21 |
| Oct 30, 2020 | $2.21 | Nov 9, 2020 | $2.21 |
| Nov 6, 2020 | $2.21 | Nov 9, 2020 | $2.21 |
| Nov 13, 2020 | $2.21 | Nov 16, 2020 | $2.21 |
| Nov 20, 2020 | $2.21 | Dec 5, 2020 | $2.21 |
| Nov 27, 2020 | $2.21 | Dec 5, 2020 | $2.21 |
| Dec 4, 2020 | $2.21 | Dec 5, 2020 | $2.21 |
| Dec 11, 2020 | $2.21 | Dec 24, 2020 | $2.21 |
| Dec 18, 2020 | $2.21 | Dec 24, 2020 | $2.21 |
| Dec 25, 2020 | $10.14 | Jan 7, 2021 | $10.14 |
| Jan 1, 2021 | $10.14 | Jan 21, 2021 | $10.14 |
| Jan 8, 2021 | $0.00 | ||
| Jan 15, 2021 | $10.14 | Feb 4, 2021 | $10.14 |
| Jan 22, 2021 | $10.14 | Feb 18, 2021 | $10.14 |
| Jan 29, 2021 | $0.00 | ||
| Feb 5, 2021 | $0.00 | ||
| Feb 12, 2021 | $10.14 | Mar 3, 2021 | $10.14 |
| Feb 19, 2021 | $0.00 | ||
| Feb 26, 2021 | $0.00 | ||
| Mar 5, 2021 | $0.00 | ||
| Mar 12, 2021 | $0.00 | ||
| Mar 19, 2021 | $10.14 | Apr 6, 2021 | $10.14 |
| Mar 26, 2021 | $10.14 | Apr 15, 2021 | $10.14 |
| Apr 2, 2021 | $0.00 | ||
| Apr 9, 2021 | $0.00 | ||
| Apr 16, 2021 | $10.14 | May 7, 2021 | $10.14 |
| Apr 23, 2021 | $10.14 | May 11, 2021 | $10.14 |
| Apr 30, 2021 | $10.14 | May 11, 2021 | $10.14 |
| May 7, 2021 | $10.14 | May 11, 2021 | $10.14 |
| May 14, 2021 | $12.78 | May 11, 2021 | $3.49 |
| May 14, 2021 | $9.28 | ||
| May 21, 2021 | $21.29 | May 14, 2021 | $3.49 |
| Jun 4, 2021 | $17.80 | ||
| May 28, 2021 | $21.29 | Jun 4, 2021 | $21.29 |
| Jun 4, 2021 | $21.29 | Jun 4, 2021 | $0.09 |
| Jun 18, 2021 | $21.21 | ||
| Jun 11, 2021 | $21.29 | Jun 18, 2021 | $21.29 |
| Jun 18, 2021 | $7.50 | Jun 18, 2021 | $7.50 |
BernadetteV Aug 14, 2017
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