Building a large wholesale shop

Veronica

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Veronica

Member since

July 2020

On-time repayments

54 installments  •  69%

About Me

My name is Veronica Phiri and am 36 years of age.I completed my high and at Ndeke Secondary School in Kitwe and i did obtain very good results.I hold a Diploma in business management.Due to jobs that are scarce nowdays i have decided to engage myself in entrepreneurship.

My Business

I ran a grocery in our community and i sale a variety of goods, where my source of income comes from.I sale home essential goods mainly groceries and cosmetics in the shop.This kind of business is highly profitable all it needs is good capital to stock up the people's needs.my typical cost is over 35,000 ZMW, of which i make over 4,500 ZMW weekly profits meant for restocking of new stock and some of it for home improvement.

Loan Proposal

With this current loan am requesting, am looking buying building material to build a large wholesale because the shop am currently in is too small and am finding it difficulty to stock both retail and wholesale goods, there is too much demand and I want ensure that am stocked fully to avoid losing business.Therefore I need at least 30,000.00 ZMW to help purchase ;
1.3000 building Blocks
2.100 pockets of Cement
3. 50 tone worthy of building Sandy
4. 25 tone Quarry Dust
5. Roofing sheet.

Income Source

Currently with the second wave of Covid 19, some businesses may face challenges, I have two grocery shops, the main grocery is the heart of my business it is doing well and generating good income, the ice cream machine is also generating daily income.I have also started raring and selling chickens and selling clothing to increase my financial base to grow businesses and to be financially sound so i can be servicing my loan in the coming weeks without issues.Thank you all my lenders in advance for supporting me.

My Videos

Jan 8, 2021: Grocery business

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Loan Info

Project Type

Classic Loan

Disbursed amount

$994.00

Date disbursed

Feb 23, 2021

Repayment status

On Time

Projected term

3 months

Lenders

T

ToddK

Indianapolis, IN, USA, United States

JimVandegriff

Trinidad, California, United States

D

dcheung

San Francisco, United States

Dave Bogard

New York, United States

Karijn

Amsterdam, Netherlands

Paul Buchheit

Mountain View, United States

LC

Linda Cladis

United States

AD

Aleksey Delunas

Engomi, Cyprus

J

Judi

Canada

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