A fridge for my business expansion

Carol

Choma, Zambia

100% repaid

Entrepreneur

Name

Carol

Member since

February 2018

On-time repayments

11 installments  •  73%

About Me

I am a young business lady born in Zambia in the year 1995 with sound and business mind from childhood. However, I completed my education in the year 2010 at Ngweze Secondary school. From there I started a small business due to lack of funds to further my education at college level. I am the last born in the family of four. Hence, grew up with a single mother as my father died when I was still young.

My Business

Currently I run a butchery where I supply chicken, beef and fish to the community. These goods are very much in on demand because meat diet is on a daily basis in my country. I chose this type of business due to the favourable profit that has helped me to continue helping my mother and other siblings.

Loan Proposal

I would like to buy a refrigerator for my business expansion. This will enable me to store more meet for sale for my customers. However, this will cost 900 dollars. Therefore, this loan will help me to purchase this. The profits will be used to repay my loan on time and help me to expand my business.

Feedback

1

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  • David    Jun 5, 2018

    This loan was scheduled to take five weeks to pay off. Instead the loan was paid in a single payment just five days after the loan was disbursed.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$114.00

Date disbursed

Jun 18, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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