Additional capital for growth of the business

Philimon

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $14 goal

0

days left

Entrepreneur

Name

Philimon

Member since

July 2020

On-time repayments

1 installment  •  0%

About Me

My name is Philmon Mpanduki i was born on 3rd May, 1992.Am second born in the family 7.I completed my high school and trained as driver.I come from a humble background.My vision is to become a re-known business man our community.When i heard of zidisha loans i got encouraged and decided to apply for the loan to boost my business during this difficulty time the all world is experiencing today.

My Business

I ran sorted business goods i deal with hardware goods, grocery and a butchery.Most goods i sale are very useful to the community in my area and the demand is very high more especially building materials and groceries.The business is profitable and i earn good income hence i want to boost it by borrowing some funds to order more goods.At the moment am working K 25,000 and i make K 2800 total profits for the goods that am selling hence i need additional to capital to boost me up.

Loan Proposal

I need to buy more stock at the outlet such as 30 bags of cement, iron sheets, i need to order doors and many more items as required by the customers and this will create more revenue and as for the customers will benefit by buying their materials at my outlet.

Income Source

I will repay the loan because am able to generate stead income despite the challenges of corona.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Jul 20, 2020

Repayment status

Late

Projected term

1 week

Lenders

C

Carol

Bayswater, WA, Australia

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