Stella D
Lusaka, Zambia
56% repaid
Name
Stella D
Member since
June 2019
On-time repayments
84 installments • 40%
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
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.
This loan will be used as capital for my new saloon business. I have liked this business because it has less expenses compared to restaurant business. The benefit of this loan is that it will help me grow business faster. I will further help me pay the school fees for my children with ease. I usully mke between zmw 2500 to zmw 3000 per week
I have seen that saloon business has less ricks of corona virus compared to restaurant because people enter my shop one at a time.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$190.00
Date disbursed
Mar 7, 2021
Repayment status
Late
Projected term
3 months
Other loans
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David Sep 16, 2020
David Dec 1, 2019
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