Money to increase cash on hand via float

Mike

Ndola, Zambia

Funds disbursed

$0 to go

100% funded of $79 goal

0

days left

Entrepreneur

Name

Mike

Member since

July 2017

On-time repayments

71 installments  •  0%

About Me

My name is Mike and am twenty -four-year-old who comes from a family of farmers. I grew up in Mwinilunga in the Northern part of Zambia, where my family still resides. For better work opportunities, I ventured into the capital of the North, Solwezi. This is where he found work as a teller to a Zoona agent, sending his earnings back home to his parents. With nearly two years of experience, Tyson has become an entrepreneur himself.my self am currently in the copperbelt province of Zambia in Ndola district where am working. I am married with a beautiful woman and have got 3 children with her, I love her so much all my kids are at school.

My Business

I helps my community send and receive funds, without the expensive bank charges attached to such a service. I set set up business within the local market area, where there is lots of foot traffic. I also offers my customers an option of having an electronic Zoona savings account, he helps bridge the gap between the banked and unbanked. The account comes with no monthly charge or deposit fee. To sustain his start-up business, I needs to increase his cash flow in the business. With a loan from zidisha lenders, Tyson will be able to ensure he has sufficient funds to process every cash in/cash out transaction.

Loan Proposal

Good morning zidisha am requesting a loan of 433 Zambian kwacha to increase my cash on hand, which will have me process more mobile transactions, as my earnings goes towards paying for my siblings' education.

I started his business to increase his income, in order to provide for his siblings' education back home. With the support of zidisha lenders I can help empower my siblings through a good eduction.the profits from this business will be used to expand the business and to add extra flot and to take care of my family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$79.00

Date disbursed

Jul 12, 2017

Repayment status

Late

Projected term

16 months

Lenders

Humble Bundle Community

San Francisco, United States

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