Bar & restaurant business

Fridah

Chililabombwe, Zambia

3% repaid

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How it Works

Entrepreneur

Name

Fridah

Member since

February 2021

On-time repayments

23 installments • 61%

About Me

My name is Madam Fridah Chipili a mother of 6 children. Am a widow and am just a small restaurant business in the town of Chililabombwe in Konkola town ship. I was recommend to apply for Zidisha loan and I got interested because I need financial support because my business is experiencing challenges and I don't want close down.

My Business

My source of income is from the restaurant business which am running at the chililabombwe main trading area.I prepare and sell food meal which are consumable daily.I have demand because there are only two restaurant so far one restaurant has been closed.I choose restaurant business because people consume food staffs every day and cant do without therefore it gives good profits.

Loan Proposal

With this new loan am applying for I need to raise some funds to help me add more drinks in my bar because the demand for alcohol drinks this time around is very high. However I in my restaurant I need to get the food warmer and more sits as during lunch hour the restaurant is full to capacity therefore I need the loan to help me increase revenue base. The profit margin has grown from 7,000 to 20,000 ZMW weekly, a good indication that my business is growing very fast during this period.

Income Source

The nature of the business am operating at the moment net good income every day. Because it involves fast consumable goods such as beer and food stuffs that sell faster. Therefore I will be able to generate more income save some and repay the loan in good time.

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Sabrina Apr 13, 2021

Fridah paid the loan on time. I would lend to her again and wish her good luck for all her future projects.

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- Fridah Jun 17, 2021
  
  Thank you so much madam Sabrina may God bless you, keep you and protect you for doing a great work of blessing me through my business and my family.
  
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Loan Info

Project Type

Classic Loan

Disbursed amount

$333.00

Date disbursed

Jun 22, 2021

Repayment status

Late

Projected term

2 months

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Marinka Dec 9, 2021

Dear Fridah,
I hope you are well and that your business is successful. Can you let us know if you still intend to repay the loan?
Kind regards,
Marinka

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Fridah Jul 4, 2021

Currently the business is a bit slow but will increase my weekly repayment once the business pick up. Thanking you in advance my lenders

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Fridah Jun 22, 2021

With this new loan am applying for I need to raise some funds to help me add more drinks in my bar because the demand for alcohol drinks this time around is very high. However I in my restaurant I need to get the food warmer and more sits as during lunch hour the restaurant is full to capacity therefore I need the loan to help me increase revenue base. The profit margin has grown from 7,000 to 20,000 ZMW weekly, a good indication that my business is growing very fast during this period.
Thank you to all my good lenders for recognizing as your borrower and have funded my loan in good time, am so happy may God continue to bless you and keeping you for the good purpose.

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Fridah Jun 17, 2021

My previous loan has grown business during this period of Covid 19, where business has not been doing well in the past.Am really grateful for your awesome support because without your support I dont where my business could have been.Thank you my dear lender and may God bless you so much for this great work you are doing.I hope pray that you will help fund my new loan proposal.

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Fridah May 25, 2021

I have decided to adjust my weekly instalment because business is very slow and difficulty this Month hence i will get on track as soon as business pick up. Thank you

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Fridah Apr 27, 2021

With this new loan am applying for I need to raise some funds to help me add more drinks in my bar because the demand for alcohol drinks this time around is very high. However I in my restaurant I need to get the food warmer and more sits as during lunch hour the restaurant is full to capacity therefore I need the loan to help me increase revenue base. The profit margin has grown from 5000 to 18000 ZMW weekly, a good indication that my business is growing very fast during this period.
Thank very much to you all my lenders for supporting me.

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Fridah Apr 23, 2021

Dear lender the previous loan has improved the business and my bar and restaurant has grown and demand for drinks and food is becoming high. Am so grateful because the family is happy, my children are being provide with what they want at school, my was which was in the dilapidated state has been renovated through the profits made from the previous loan. The next loan that am applying for I still more drinks and expand the business to increase turn over weekly. Thank you so much and may God bless you

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Fridah Apr 12, 2021

With this new loan am applying for I need to raise some funds to help me add more drinks in my bar because the demand for alcohol drinks this time around is very high. However I in my restaurant I need to get the food warmer and more sits as during lunch hour the restaurant is full to capacity therefore I need the loan to help me increase revenue base. The profit margin has grown from 5000 to 17000 ZMW weekly, a good indication that my business is growing very fast during this period.
Thank to you all my lenders may God richly bless you.

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Fridah Apr 12, 2021

Dear lender the loan you have helped has really done wonders in my business, my business is expanding now and my profit margin is growing each and every day. The life of my family has drastically changed because of support which has transformed my business. Am so grateful and am ran short of words, thank you so much may God bless you so much.

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Fridah Apr 1, 2021

With this new loan am applying for I need to raise some funds to help me add more drinks in my bar because the demand for alcohol drinks this time around is very high. However I in my restaurant I need to get the food warmer and more sits as during lunch hour the restaurant is full to capacity therefore I need the loan to help me increase revenue base .
Thank you so much my lenders for supporting me, the loan will drive my business forward and make more profits, thank you very much.

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Fridah Mar 31, 2021

The just ended loan has improved my businesses both at the Bar and the Restaurant. So far the stocks I have added to the restaurant has made me realize huge profits and the business grown, big appreciation goes to you my lenders because without you my business by now would have collapsed because I did not have enough capital to buy and add more stocks to my two outlets. Your support came at the right time and has seen me through to this position because of your great support. May God richly bless you all Zidisha lenders for this good work

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Fridah Mar 11, 2021

Am requesting for the loan to restock more beers at the bar and buy more chickens, potatoes chips, beef stew, sausages and fish which is the most favourite to all my customers. I need to stock more stock both at the bar and restaurant because there good business and consumption is very and this will create more profit income for the business.
Thank you so much Mr John Minges I appreciate you for supporting in my business endeavours. May the good lord you

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Fridah Feb 26, 2021

Am requesting for the loan to restock more beers at the bar and buy more chickens, potatoes chips, beef stew, sausages and fish which is the most favourite to all my customers. I need to stock more stock both at the bar and restaurant because there good business and consumption is very and this will create more profit income for the business.
Thank you all my renders for supporting me am glad and God bless you all.

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Bar & restaurant business

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