Raising money for a boarding house

Betty

Mufulira, Zambia

100% repaid

Entrepreneur

Name

Betty

Member since

May 2019

On-time repayments

76 installments  •  38%

About Me

My name is Betty Mwila Mutale im 36 years old I m a business lady. I have a diploma in Purchasing and supply but jobs are hard to find so I decided to become an entrepreneur I order and sell wedding dresses and I have added kitchen party dresses to my collection

My Business

I sell and hire wedding dresses and accessories and I have added kitchen party dresses to my collection I want to complete my building project i stay near a college I want to build a boarding house for students at the college to lent. I have a Facebook page and usually find my customers on Facebook.

Loan Proposal

Hot season is over this time I will buy a bale of ladies jackets the kind that teachers like putting on and re-sale will save the profit to by what my building projects will need. Thank you so much for this opportunity it's helping us fulling dreams as you know it's difficult to just think about what you want without a source of funding I'm so greatfull this will help me reteryer with assets in my name I never thought it was possible but it is I love it and will always make sure from the weekly sales I repay towards the loan on time even before if possible thank you so much my lenders there is so much I want to say thank you God bless you.

Income Source

The jackets I will by are on demand as schools have opened despite the covid situation and many teachers find it difficult to find appropriate clothes that they should wear at work and i sell and hire wedding dresses and accessories it's a good business in my area as many people where I live are not into it will advertise agressively plus we have social media I will be advertising there as well to grow my market there are many pages that I can use to advertise my business of the wedding dresses and the second hand line of clothing many people search for things on social media before they even go out there and walk around in the shops I make sure my prices is a bid lower to attract customer it will work out I know it will. Plus other people got the swimsuits I had on credit will be receiving payments from them as well.

Feedback

1

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  • Ole Hirschbrich    Dec 3, 2020

    It has been my first supported project and everyting went perfectly smooth with Betty!! I can only recommend her as and keep on going with supporting her or others, thanks for this positive experience!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Nov 4, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

Ole Hirschbrich

Hamburg, Germany

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