Abraham
Lusaka, Zambia
$0 to go
100% funded of $42 goal
0
days left
Name
Abraham
Member since
August 2017
On-time repayments
90 installments • 9%
I am Abraham Phiri dear Lender, i am the third born in our family and i did my primary school in Kabwe and moved to Lusaka because i could not complete my grade 12 level but i am trying resume and complete when i do better in my business. I sale bags in Lusaka Intercity market and that is where the travelers use as a station and i sale my bags to them. I am the one that is supporting my family and this business has been an inheritance from my uncle and i am doing better than he used to do because of discipline. I do not spend unnecessarily. I have a good timing of the expenses because i want to expand more.However, schools have opened hence i need more stock of school bags, laptops and ordinary bags.
I am selling all types of Bags. I need more stock of them and i want to increase the stock of ladies hand bags so that i increase my capital fast after selling. These goods are very important because many people travelling would always want to put things in the bags after shopping and it is safe like that.
For this loan i want to buy rain coats,more school bags and rain boats, hence i USD 100 to help me increase stocks and grow the business.However this will help generate more funds to that will lead to grow the business.
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Project Type
Classic Loan
Disbursed amount
$42.00
Date disbursed
Nov 7, 2017
Repayment status
Late
Projected term
18 months
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