Ordering bags of charcoal to sell

Beauty Luchendo

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $107 goal

0

days left

Entrepreneur

Name

Beauty Luchendo

Location

Lusaka, Zambia

On-time repayments

23 weekly installments  •  35%

About Me

My names are Beauty Luchendo. I was born in 1975 and completed my secondary school education and proceeded to do a course in business administration.
Upon completion of my course, i worked for a NGO (World vision) for 3 yrs and when my contract ended thats the time i decided to start a business.
In my community everyone is a brothers keeper such that when certain opportunities come, people get to be informed about it.
I have 2 children and they are all grown up and working.

My Business

I run a business of a shop at my house where i stock charcoal, foodstuffs like potatoes, dry fish, dry kapenta, eggs and groceries. this type of business is useful because almost everyone in my community need them and because the market is far from where we live, most people come to my shop for the supplies.
The money i make from selling is reinvested in the business and 20% of daily sales i keep in my account.the business is also helping to build my house and daily upkeep.

Loan Proposal

When I get the loan I want to order bags of charcoal and start selling and make business so attractive and boost my business so that it will continue growing big, so that I will continue being able to satisfy my needs and my family needs. Thank you

Income Source

My business is with no risk because the products I sale are on demand even the season itself its cold season everyone buys charcoal it's a fast consumer product.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$107.35

Date disbursed

May 12, 2021

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: 5% of $107.35 = $7.19

Credit risk payment: $26.02

Lenders

P

pmyadlowsky

Charlottesville, United States

mtnsailor

Harrisonburg, United States

ads68

Melbourne, Australia

F

Forfex

Zurich, Switzerland

JK

Hamburg, Germany

Paul Thompson

York, United Kingdom

R

Ru

New York, United States

HM

Hemant Mehta

United States

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