Selling safety equipment for construction workers
Alfred
Kitwe, Zambia
17% repaid
Entrepreneur
Name
Alfred
Member since
December 2020
On-time repayments
20 installments • 35%
About Me
My name is Alfred Kunda and am a business man raised in a family of business minded people. I faced a lot of challenges when growing up and my education was affected but i have always had hope and passion to do well in my business. I have a diploma in Business management and this has helped me to set my small businesses , i have 4 mobile money booths and a hardware shop where am mostly found. I am married with one child her name is Princess and she wants to be an engineer when she grows up.
My Business
I have two small businesss i have mobile money business and also have a hardware shop. From the mobile money booths people transact money and at the end of the month i get commissions from MTN. This has been a stable source of income for me. The other source of income is hardware shop where i sell various items especially building materials. I chose this business because a lot of people are building and need these materials.I make profit which i use for daily needs at home and mainly i reinvest in my business so that i can expand my businesses.
Loan Proposal
Firstly I want to thank Zidisha for helping me with a loan that has increased my earnings.I am applying for another loan to stock up safety equipment for sale to construction workers.I will buy worksuits, hards hats, gloves, safety boots and goggles from reliable sources and sell to my customers. A lot of People are building houses so there is demand for safety equipment for the people building.The profit I will make sure to repay loan on time.
Income Source
From my daily sales in my hardware shop i save some money so from there i can repay. Also the mobile money business i do is very profitable so i can also get some money from there. I am not worried about the harsh economy atleast am making something
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Feb 5, 2021
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United Kingdom
Norway
Germany
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