Nalishebo
Lusaka, Zambia
100% repaid
Name
Nalishebo
Member since
April 2017
On-time repayments
102 installments • 41%
My names are Nalishebo Muyunda, I completed my secondary education in december 1998. There after I went to do my acca at zambia centre for accountancy and I completed in december 2005. I am an accountant by profession. Some time in 2011 the company i was working for became bankrupt and we were not getting our salaries, i had to look for another source of income meaning i needed to start a business. Due to this situation my business was born. I began to sell perfumes, shoes made out of chitenge and hats and bags made out of chitenge. This became my source of income until i found a job in 2013. I did not stop the business i continued to sell and work at the same time.
our land is rich in natural resources and it has unique and rich culture such as the traditional ceremonies celebrated by every tribe of our country zambia.
My child is still young and cannot decide want he wants to be yet.
My pastime activity is singing and i also love to read christian books.
The goods and services i provides as a business are wide. i sell cosmetics, chitenge shoes, bags and hats. I am also roasting groundnuts and packaging in unique packs for selling.
These goods and services are useful and on demand in our country. I discovered people in this community love roasted groundnuts and so i thought if they can get already done groundnuts it serves them time.
in our country most ladies wear chitenge material as part of our culture so if can have a touch of chitenge shoes, hat, clutch added to their outfit to make the look complete.
The cosmetics is what every woman needs to enhance their beauty hence the reason i started the cosmetic business.
I started this business after carrying out a market survey and realising these products were selling faster in the market.
My typical costs are transportation and communication and costs usually.
I usually use my profits in growing the business and other home improvements.
WITH THIS LOAN I WILL BUY BEAUTY PRODUCTS AND OTHER ACCESSORIES. THE FACE POWDERS WILL COST $10 , FACE FOUNDATION $10, LOTIONS $10 AND THE ACCESSORIES WILL COST $20. ACCESSORIES INCLUDE EARINGS, CHAINS, WATCHES, UNDERWEARS. I DECIDED TO INCLUDE THESE ITEMS AS I HAVE A READY MARKET FOR THEM. CUSTOMERS BUYING MY BEAUTY PRODUCTS WOULD ALSO LIKE TO GET THESE PRODUCTS FROM ME. THIS WILL INCREASE THE LIQUIDITY OF MY BUSINESS AS WELL AS THE CAPITAL BASE. THE PROFITS WILL INCREASE TO ABOUT 30%. THE INCREASE IN PROFITS WILL ENABLE ME TO ASSIST MY FAMILY AND OTHERS THAT ARE IN NEED TOO.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$51.00
Date disbursed
Jun 24, 2017
Repayment status
On Time
Projected term
4 weeks
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