Mobile money float increase

John

Lusaka, Zambia

100% repaid

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

This application seeks to request funding for mobile money business services.
We operate together with my spouse at our house gate because we have not accessed appropriate capital.
However,we continue striving for the already established loans amount just to get by and ensure that our mobile money accounts are not suspended due to inactivity.
Otherwise, should you waiver, the current credit rating and limit, you could consider releasing 12,000.00

Income Source

The cash is float in the system and we are now operating outside of the house and there are no rental expenses.
We are going to be on a wage freeze to ourselves until we repay the loan.

My Videos

Jun 22, 2021: John banda home office

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$30.00

Date disbursed

Jun 2, 2021

Repayment status

On Time

Projected term

5 weeks

Lenders

Sota Bookkeeping

Minneapolis, United States

JT

JOY to the world

Cottonwood Heights, United States

W

wisdom2080

Fullerton, United States

Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • John    Mar 16, 2023

    Thank you All. Funds have been received.Purchases will be done.These are basically text books and cleaning materials.

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  • John    Mar 16, 2023

    Thank you All. This financing will enable us increase variety of text books stock levels. Also we will purchase cleaning chemicals.

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  • John    Mar 2, 2023

    We have been able to stay afloat in the business of supplying text books even during the time when the schools were on holiday( a season of low sales. Now that schools have opened sales have picked up.

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  • John    Dec 1, 2022

    Progress will be made! Tomorrow once funds are disbursed we will supply the order.

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  • John    Dec 1, 2022

    Thank you. We will strive to make good from the funding

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  • John    Dec 1, 2022

    We have been able to buy inventory for books and cleaning materials.
    We have also been pre-qualified as supplier for World Vision Zambia.
    Our clientele is steadily increasing.

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  • John    Sep 12, 2022

    Our payments have been delayed where we supplied.The government schools payment threshold for schools has been changed and our pending payment is above the school Headteacher authority.Therefore,it has added to bureaucracy and delay.

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  • John    Aug 12, 2022

    Great for your funding.Stock will be increased.Various text books will be ordered.

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  • John    Aug 12, 2022

    Thank you for your assistance.We use it to buy stock

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  • John    Aug 12, 2022

    Ever grateful for your help.Keep it up.We increased text books stock.

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  • John    Jul 7, 2022

    Wow! Money received books purchased and delivery done.

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  • John    Jul 7, 2022

    Thank lenders.The funds were speedily remitted to our account

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  • John    Jul 7, 2022

    Thank you funders.We will purchase text books.The order has been pending delivery.

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  • John    Jul 6, 2022

    Thank you funders We will purchase text books. The order is already approved.

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  • Martin    Jul 4, 2022

    Hi John I have contributed to your project. Remember to pay your loan on time.

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  • John    Jun 22, 2022

    Thank you funders.We are steadily growing as a mobile book reseller and our prospects are translating into sales.

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  • John    Jun 22, 2022

    Thank you funders.Our books inventory is steadily building up.The number of schools buying text books has been increasing.
    A significant funding will facilitate physical bookstore establishment.

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  • John    May 13, 2022

    Thank you so much funders!
    Yes! I acknowledge receipt of the loan and was utilized accordingly.

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  • John    May 10, 2022

    Thank you so much!
    We will buy some text books!
    Schools just opened and we anticipate great sales.

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  • Samuel    May 9, 2022

    Little little you will get there bro. Just small I have to find your project.. do well to repair back. And recommend to others.. God be with You.

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