Name
Mulangwa Burton
Member since
February 2017
On-time repayments
21 installments • 62%
My name is Mulangwa Burton Mutale n i come from a family of 7, raised in small town chingola where attained a dipoloma in business administration.i overcome hardship by running my parents shop to keep the family fed, pay utility bills and also take my kid brother and nephew to school. i started business as result of my parents getting too old to run a family business to support us, which sells local school uniforms and other school related products,this is done by the set of skills iv accuried both in school and from my parents. i love to read motivational books and business books to better myself interms of leadership etc
Founded in 2008 my Boutique is well known for childrens wear supplies and on a daily basis i make sales of about K500($50) and about K10,000 ($100) monthly.However due to the increase in rentals at the current store i am renting,iv struggled to maintain levels of stock.Hence my reason for applying for a zidisha loan.
My kids wear boutique makes family sales of about $50 and much of the profit is used to pay the rent.
The proposed amount of $21 will help ease the pressure on paying rent as well as help restocking of the boutique.
$10 of the loan amount will be spent on restocking while $11 will be spent on the rent and other renovations in the boutique
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Mar 5, 2017
Repayment status
On Time
Projected term
4 months
Ask Mulangwa Burton a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.