Name
Memory
Member since
May 2017
On-time repayments
57 installments • 23%
my names are memery nalwimba i am the first born in the family of two i was born in the town of chingola and i grew up in this same town i started school and completed in this same time and am also a business lady who has made some liitle progress in business,i have the potential to grow all i need is just more money, i developed an interest in business at the young age.
i deal in selling cloths i chose this kind of business because it is a very profitable business and very easy to run i deal in selling cloths i buy cloths on whole sale and resale them at the profit,i make a 20% profit from every product that i get and resale the money i make i use it to support my family in terms of food and education for my siblins
i will buy products that is about $40 and it will increase my profit to about 30% when i buy more products to resale i will be able to help my family which means feeding wont be a problem as i wiill also increase my shop so i can also help my siblins with something to do
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$55.00
Date disbursed
Aug 3, 2017
Repayment status
Late
Projected term
10 months
Other loans
Ask Memory a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.