Entrepreneur
Name
John
Member since
February 2021
On-time repayments
78 installments • 53%
About Me
John Banda is a persistent forward looking entrepreneur who believes in the slogan"the best is yet to come.
My Business
John Banda trading through Nesher Enterprise generates income through a diversified income stream.Presently, lam in self employment. Nesher Enterprise provides mobile money services,sells small packs of charcoal and general supplies.
Loan Proposal
Mobile Money Services require a substantial cash float to be profitable.Otherwise low cash float may impact customer service delivery as customers may be turned away for lack of needed exchange cash.Customer turn down can negatively affect customer perception about an entrepreneur if it becomes a regular problem to fail to transact due to low cash float.Therefore, this allowed loan amount of ZMK527.00 will assist but not significantly address the matter.It should be appreciated if a waiver for a high reasonable amount can be facilitated especially ranging between ZMK8,000.00 to ZMK12,000.00
Income Source
The evaluated risks include shortages arising from poor operation service procedures.We will deter this through implementation of proper recording of each and every transaction.The cashier has been trained to attend to one customer per time.
Ensure proper balance of cash on hand to the mobile systems float thereby maximizing customer turn up and transaction facilitation
My Videos
Jun 22, 2021: John banda home office
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Loan Info
Project Type
Classic Loan
Disbursed amount
$24.00
Date disbursed
Mar 7, 2021
Repayment status
On Time
Projected term
3 weeks
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