Entrepreneur
Name
Betty
Member since
May 2019
On-time repayments
76 installments • 38%
About Me
My name is Betty Mwila Mutale im 36 years old I m a business lady. I have a diploma in Purchasing and supply but jobs are hard to find so I decided to become an entrepreneur I order and sell wedding dresses and I have added kitchen party dresses to my collection
My Business
I sell and hire wedding dresses and accessories and I have added kitchen party dresses to my collection I want to complete my building project i stay near a college I want to build a boarding house for students at the college to lent. I have a Facebook page and usually find my customers on Facebook.
Loan Proposal
With this long I will buy school shoes for resale as we are ending the year many children are going in a new grade and some will have to start their 1st or pre school education. When this happens many parents buy new school supplies for their children so school shoes is a on the budget and it cant be over looked so I will sale just OK as they will be on demand so sales will be just fine with the profits I will make I will use some to pay for my loan here and some to buy building materials for my building project. I want this the building project to be a success as it will help me and my family for genarations to come as builds last longer
Income Source
With my side wedding dress and accesesories business aside I will do my be able to afford to pay on time. Because even if the economy becomes bad and couples dont do weddings anymore they will still do marriage blessings which will require people to wear wedding dresses many people in my country are church people so that ceremony is a must a bride will come hire a dress a groom a suit and the bridemaids will want dresses for their line up these all things I have instock and I will hire them out and they will cushion the loan just fine I will manage to pay on time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$33.00
Date disbursed
Dec 22, 2020
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
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Summary
Amount repaid
$33.98
Amount remaining
$0.00
Date repaid
May 5, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 30, 2020 | $0.00 | ||
| Jan 6, 2021 | $0.00 | ||
| Jan 13, 2021 | $0.00 | ||
| Jan 20, 2021 | $4.26 | Feb 6, 2021 | $2.90 |
| Feb 18, 2021 | $1.36 | ||
| Jan 27, 2021 | $4.26 | Feb 18, 2021 | $0.58 |
| Mar 27, 2021 | $0.53 | ||
| Apr 6, 2021 | $3.15 | ||
| Feb 3, 2021 | $1.69 | Apr 6, 2021 | $1.69 |
| Feb 10, 2021 | $0.00 | ||
| Feb 17, 2021 | $0.00 | ||
| Feb 24, 2021 | $0.00 | ||
| Mar 3, 2021 | $4.26 | May 5, 2021 | $4.26 |
| Mar 10, 2021 | $4.26 | May 5, 2021 | $4.26 |
| Mar 17, 2021 | $4.26 | May 5, 2021 | $4.26 |
| Mar 24, 2021 | $4.26 | May 5, 2021 | $4.26 |
| Mar 31, 2021 | $4.26 | May 5, 2021 | $3.24 |
| May 5, 2021 | $1.02 | ||
| Apr 7, 2021 | $2.47 | May 5, 2021 | $2.47 |
Ole Hirschbrich Dec 3, 2020
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