Mike
Mazabuka, Zambia
100% repaid
Name
Mike
Member since
February 2014
On-time repayments
181 installments • 16%
I am a middle-aged Businessman running two Internet Cafes in Mazabuka and Monze. I also own two complete houses in one town and city.
I am married to a Degree Holder with a job and we have two children. I am a distinction student, hard worker and self believer. I am also a Community participator.
Mazabuka is a small Sugar Growing town, surrounded by serious Diary and Crop Farmers both commercial and subsistence farmers. The town has a Nickel Mine 70kms away.
The Business (Noriasys Ltd) was established in 2008 and we are continuing to grow it organically without taking too much risks. As already mentioned, we operate Makwembo Internet Cafe in two locations and a small subsistence farm for general agriculture. We employ FIVE people on a permanent basis. We plan to continue growing our businesses within our means while enjoying life. We are very particular on how the surrounding communities in which we do our business benefit from our presence. Our current turnover is just around US$25,000=00 and slowly growing.
My pastime is spent mostly at the LIONS Club and playing social Golf with a lot of reading for my Business Management degree.
The Loan will be used towards the purchase of 15 x Mouse Pads to replace the old ones.
This will make my Internet Cafes more attractive and hence give me more business.
I expect business improvement to be about 5% month on month.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 8, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Ask Mike a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...