Paying for my daughter oliness to go to teaching school

Richard

Simunchembu, Zambia

100% repaid

Entrepreneur

Name

Richard

Member since

October 2015

On-time repayments

165 installments  •  81%

About Me

I am Richard Siafwa. I am 52 years old. I have eight children. One has finished school but is lacking sponsorship. The other seven have not finished; they are just at home. Five are married. The other three are not yet married. One of these has finished school, and the other is in grade seven. I'm running a shop, but I would like to improve orders of my shop so that I can earn a better livelihood.
I was working for Zambia Railways in 2000, then with the money I got, I decided to start a shop because the wages were too low. I started the shop in 2003, and the shop is currently is open on daily basis. However, I am incapable to sell some products in the shop because I have lack of funds.

My Business

I sell drinks, cooking oil, salt, biscuits, soap, fabric, and other groceries. People use these things on a daily basis. I chose to have a shop because it is the fastest way to make money.
In a week, I may spend 1,000 kwacha. Once I sell those things, I will make about 200 extra.
I spend money on sending my children to school, farming, and buying more groceries to sell.

Loan Proposal

I will use this loan to help pay for my daughter Oliness to go to university. This will allow her to become a teacher. Because she does well in school and I am sending her to a good university, she will get hired soon after she finishes.

Feedback

4

None

1

  • Catherine    Jun 1, 2024

    13% repaid

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  • Margaret    Dec 29, 2018

    The loan was paid back in a timely manner!

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    • Richard    Jan 9, 2019

      Thank you madam Margaret i really appreciate your support may God bless you .

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  • Mary    Oct 12, 2017

    Richard is an excellent borrower. I would recommend loaning to him for any future loans.

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    • Richard    Jan 9, 2019

      Thank you madam Mary God richly bless you and your family this year in 2019.

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  • Margaret    Oct 12, 2017

    Richard paid off his loan perfectly, I would gladly lend to him again and encourage others to do the same.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.00

Date disbursed

Apr 9, 2016

Repayment status

On Time

Projected term

22 months

Lenders

BelleStarr

Albuquerque, United States

B

blahblah

Nuernberg, Germany

ads68

Melbourne, Australia

xtrahardware

Cazenovia, United States

WhyPeace

United States

Roy

Espoo, Finland

MW

Matt Willis

United States

S

Susie

Christchurch, New Zealand

PG

Paul Graham

United States

Diego

Monza, Italy

Craig Newmark

United States

The Zinc Team

San Francisco, United States

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