Name
Ellah
Member since
September 2016
On-time repayments
39 installments • 38%
my name is ellah nakaluzwe.i was born on 17th january 1970 in mufulira,copperbelt of zambia.i was born in a family of eight and am the first born.i went to primary school in ndola at pamodzi primary school.i did my secondary at kansenshi secondary school in ndola.i completed my grade twelve in 1991.my father used to work for atlas copco.and my mother was a business woman.when i completed secondary school,i started a saloon at home.this helped me to raise some money.i also worked for a company called ionian motors in ndola as assistant accountant/debt collector.i got married in 2003.i have two kids,a boy and a girl.my husband and i lived in ndola and then he was transfered to choma.in 2015,November my husband passed away,then I continued live in choma because I had started doing the business am doing update while my husband was alive. I overcome hardship by understanding the not to depend on one business. The culture in the place were I live is they believer so much in farming than depending on work. I love my children to be one a doctor that is what my boy told me the girl wants be a nurse and do the same business am doing. my hobbies I doing business travelling reading books and having good times with my children
died.i continued livig in choma to date with my children.
when we came to choma with my husband,i opened up a salon /cosmetic shop.in 2008.my salon is located just within choma town center next to barclays bank at SPCMU complex.i usually order my comsmetics and hair products from lusaka.this business is good because alot of people like to look good therefore they come to my salon for hair products and cosmetics.when i get this loan i would like to order more things for my business and expand it. i would like to do manicures and pedicures as well as selling clothes.that way it will be easier for me to make more money and be able to take care of my two children as am a single mother now.
Describe what you will do with the loan in at least 200 characters
I would like to restock my shop with the loan. I would like to buy wigs,rollers,chairs,bathing basin and neck chains. The price for the wigs to be ordered is $100, for about 20 wigs. The rollers about 20 which will cost $2. cosmetics like lipsticks,eyeliners,nail polish will cost $20.bathing basin 1@ $10.The neck chains 20 @ $10 .This loan will make me to benefit in such way that my business will boom will be more attractive to customers and my business friends. It will also attract other business friends to take interest of getting the loan and boast their businesses also. I am therefore expecting a profit margin of $340. It
will add my profit two times than the one I have been making.I would like my beauty palour to be the most attractive in town.i believe with this loan my business will grow.
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Project Type
Classic Loan
Disbursed amount
$179.00
Date disbursed
Sep 30, 2016
Repayment status
On Time
Projected term
5 months
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