Selling solar light bulbs
Samuel
Ndola, Zambia
$0 to go
100% funded of $50 goal
0
days left
Entrepreneur
Name
Samuel
Member since
March 2021
On-time repayments
6 installments • 50%
About Me
I am Samuel Chama and I am based in Ndola, Zambia. I was born in 2001 and have been staying in Ndola. I finished school and my interest was business. I have a shop where I sell phone accessories including batteries, chargers and many others. I hope to expand my business .
My Business
I sell phones and phone accessories.i completed secondary education and told my parents that my interest was business and that's how they financed my starting. I have been in this business for 2 years now and I look forward to grow this business.
Loan Proposal
I thank all my lenders and I am now applying for this loan K1,065 to help me expand my business by ordering Solar bulbs for sale. Due to shortage of electricity in my area the solar bulbs are now on high demand.This will help me increase my profit which I can use to pay rent for the shop.
Income Source
I plan to repay loan using my saving and also my daily sales will help me raise enough to repay the loan..Apart from selling the phone accessories, I also repair phones in the same shop which also gives me additional money to sustain my life and business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Apr 21, 2021
Repayment status
Late
Projected term
3 weeks
Other loans
Lenders
Fullerton, United States
Summary
Amount repaid
$0.00
Amount remaining
$50.23
Expected completion
May 13, 2021
Status
Repaying late
Installment amount
$16.74
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 29, 2021 | $16.74 | ||
| May 6, 2021 | $16.74 | ||
| May 13, 2021 | $16.74 | ||
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