Name
Moses
Member since
April 2017
On-time repayments
46 installments • 33%
My names are Moses Pasuwa and i am a male Zambian aged 45 years.My childhood has been of challenges as my parents divorced when i was 4 yrs and i was sepperated from both mum and dad and grew up with my aunt the elder sister to my father whom i grew up knowing as my mother.My education has been of equally challenges as i grew up in a poverty stricken rural Africa were schools are kilometers away from villages but i managed to get my self up high school level and began a business from a fish monger to now a transporter owning a 15 ton truck and an office at home in Lusaka.I intend to grow to own a huge fleet and motor workshop.
I run a transport business and supply of goods and services to both government and private individuals and on average make an income of USD$ 7500 per month. The goods i provide to my clients are:foodstuffs to prisons and colleges,stationery,hardware and transportation of grain cereals bought by both govt and private from farmers to storage houses in town and this is very cardinal as the maize can go to waste if not collected.I chose this business because i was working for a firm which was dealing in the same activities hence i developed the interest in it.My typical costs are tyres,service, oil,diesel expense and paying of workers which can amount to USD$2500 less revenue of USD$7500
I use my profits to send my 4 children to and reinvesting in the business and home improvement.I now intend to buy a farm plot to venture into goat farming.
-i will buy engine oil for the truck @USD$35O
-relief of not going for shylocks and also not to park the until i find the money in maybe a month also making my driver jobless and no income for his family.
-My profit will increase by at least 10%
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Apr 27, 2017
Repayment status
On Time
Projected term
7 weeks
Other loans
Amount repaid
$11.28
Amount remaining
$0.00
Date repaid
Jun 13, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 4, 2017 | $2.15 | May 4, 2017 | $2.15 |
May 11, 2017 | $2.15 | May 11, 2017 | $2.15 |
May 18, 2017 | $0.00 | ||
May 25, 2017 | $0.00 | ||
Jun 1, 2017 | $0.00 | ||
Jun 8, 2017 | $6.44 | Jun 1, 2017 | $6.44 |
Jun 15, 2017 | $0.54 | Jun 13, 2017 | $0.54 |
Ask Moses a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.