Entrepreneur
Name
Aaron
Member since
July 2017
On-time repayments
83 installments • 16%
About Me
My name is Aaron Simwanza i was born in Kasama in the Northern Province of Zambia ,i come from a humble family of 6 boys and 3 girls.I grew up in Kasama with alot of family challenges as childhood.Going to school for was difficult because i never had any one to sponsor me.Hence i only managed to over come hardship and become self independent by taking up the fishing business.Iam a fisher man and i catch in the Luapula river which is very in Bream and bottle fish.I started this business through my friend who had an uncle, who was already a fishman.Hence i learnt from him how to catch fish and all the stategies of how to catch plenty of fish at once.Zambia being a landlocked country is very rich in farming industry and it tourism industry.During my pastime i love playing football and holding our culture dances.
My Business
Fish farming is very good business.I sale fresh fish and dry fish altogether.I have customers who buy fresh fish and others dry fish.Both fresh and dry is on demand.However the fish business good, because its the main source of income and survive.The typical cost for me is Fishing nets, for catching different types of fish sizes.For Instance for big fishing nets it cost me ZMK 750 and for small fishing nets is ZMK 350 totaling the amount to ZMK 1100.Hence the profit margin comes to ZMK 3500 which helps me to cover my children school fees and construction of my house which i have started building.Hence i need a loan to help me buy more fishing nets to ensure that i should able to catch more and replace the damaged fishing nets.
Loan Proposal
i need ZMK USD 50 to help me renovate my home and buy new house furniture and replace the one.In as much as i need grow my fish farming i need to renovate our house.This will improve our well being and live comfortably because it has not been easy to come this way .Otherwise this change my status and my family.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$43.00
Date disbursed
Sep 24, 2017
Repayment status
On Time
Projected term
8 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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