Business loan to rent space for selling fish

Gibson

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Gibson

Member since

February 2021

On-time repayments

7 installments  •  71%

About Me

I am Zambia young man aged 32 based in kitwe am married with 1 child, I own mechanics work shop , mobile money booth and recently started fish business,my dream is to open big butchery so that my finances are balanced, so far my work shop is going very well tho am having space problem for now I can't manage to rent a big spaces

My Business

I run a mechanics shops in kitwe and mobile money transfering booth for Airtel I also started fish business after seeing how food business pays out well, so far my business is going well am able to pay two guys I work with and rent my small work shop, with the help of Zidisha I pray this year I will be move to a big work shop. Mobile banking is not much profitable looking at the location and the demand, but we will are still pushing and we are able to make k700 communication per month I ventured in 3 different types of business to make ma finances balanced so that am not inconvenienced wen I don't have customers in my work shop am able to make money thru fish since pipo eat every day and I insure the money for the mobile not touched that well am able to pay bills with out worrying

Loan Proposal

I will use the money to rent space for selling my fish business which will help me save and bring back my business to life course no matter how bad the economy his people buy food so food or relish business is the way to go during this covid period

Income Source

I will earn thru fish business and my mobile banking business looking at how the economy no matter how bad it is people buy food to servive so fish business will provide a little profit which I will save to pay up my loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$27.00

Date disbursed

Apr 18, 2021

Repayment status

On Time

Projected term

1 week

Lenders

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