Additional captial for my multi-location restaurant business

Stella D

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Stella D

Member since

June 2019

On-time repayments

84 installments  •  40%

About Me

My name is Stella D Phiri. I was introduced to Zidisha community by a family friend namely Mr. Francis Daka. I conduct my business in Lusaka, the Capital City of Zambia. Since I joined Zidisha community, my business has really picked up such that planning to diversify and have another business running as well. Additionally, I started a saloon business because Corona virus wave two has a negative impact on all businesses in our country.
I thought of diversifying my business to saloon enterprise because it doesn't alot of people gathering at a goal. This business has so proven good because during weekends, I attend to more than 6 ladies per day

My Business

Currently, am running a restaurant business which is situated at adjacent to University breaching hospital. My restaurant provides food to mostly bed siders who have patients in the hospital. It also provides food to civil Servants as well working for University Teaching Hospital.
This business has also provided capital to my vegetable and fruit business.

Loan Proposal

This money will be used as additional capital for the restaurant. I have now opened another restaurant in the industrial area just to boost my business.
I rely on Zidisha Community to help me expand this restaurant business.

Income Source

My business less risk now because covid 19 cases in have drastically reduced to 2% per month. The business environment is now normal and every one is busy running around

Feedback

2

None

None

  • David    Sep 16, 2020

    Loan was originally scheduled to take two months. Some payments were made during a shutdown caused by the global pandemic. A large payment finished the loan after eight months. I am pleased with your commitment during a very challenging time.

    Log in to reply • Share
  • David    Dec 1, 2019

    Loan was originally scheduled to take two months. Two payments finished the loan in about six weeks. Good luck with your projects.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$136.00

Date disbursed

Nov 2, 2020

Repayment status

On Time

Projected term

2 months

Lenders

JimVandegriff

Trinidad, California, United States

S

Staf

Humbeek, Belgium

Anna Hoad

Toronto, Canada

Mary

Germany

Deirdre

Yorkshire, United Kingdom

L

Leo

United States

KM

Kirk Moore

Cerdanyola del Vallès, Spain

S

Stefani

United Kingdom

K

Karl

Czech Republic

monica

Sweden

ben and sera

United Kingdom

N

Nadia

United Kingdom

R

reship

United Kingdom

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