Increase mobile money capital

Entrepreneur

About Me

My name is Innocent Miyoba i come from a humble background and i raised in the rural area or outskirt of town,i grew up with Auntie who took care of me since i was a child when my parents died.I was sent to Miseshi Primary School and later move Ndeke Secondary School in Kitwe town.When i completed my high school i obtained a school certificate with a merit and i selected to go at Evelyn Hone College to study Business Management for two year.

My Business

I provide mobile banking services to people and the demand is very high.I provide airtel, mtn, zoona, Zanaco express AND zam kwacha.The service is very useful and because people are able to withdraw money at any time here in Zambia and there are also able to deposit at any time and pay bills using their phone.I choose the business because it is profitable and it sustains my family a lot.My typical cost of this business is K 50000.00 and the revenue per is K 10,000.00,therefore the profits are used to pay school fees, improvement the business and home improvement as am the bread winner of the family.

Loan Proposal

I need to increase capital for mobile money transactions, the more i have the more i will be able to generate and increase commission per month.Should i increase capital i will be expecting to earn more than K 12,000 per month.

Income Source

Electric transaction have been highly on demand and corona virus has made it possible to avoid handling money contract the virus.Hence i will repay the loan on time.

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Loan Info

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