Wamundila
Livingstone, Zambia
100% repaid
Name
Wamundila
Member since
September 2020
On-time repayments
128 installments • 23%
My name is wammundila Namasiku.Am running a mobile money business in Livingstone Zambia. My goal is to raise enough float to meet customer demand.
I've been running a Airtel Mobile money business at the shop at Dambwa North Market. My challenge has been having enough cash to meet customer demand. I recently acquired Mtn and Zamtel Agent lines which will help me to serve more customers and increase my income.
I want to use this loan to clear an outstanding loan. This will help me to avoid accumulating further interest on this loan. This will be financial relief because this is the loan attracts interest the longer I take to pay.
The economic conditions are not as favorable as they were since last march. But life has to to keep moving. The business am doing still has demand on the n market so am certain I will be able to payback.
Jan 14, 2021: Mobile money
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$183.00
Date disbursed
Oct 16, 2020
Repayment status
On Time
Projected term
1 week
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