Buy charcoal for resale

Phinius

Monze, Zambia

100% repaid

Entrepreneur

Name

Phinius

Member since

January 2021

On-time repayments

4 installments  •  25%

About Me

I am obert phinius madiri a 29 year old man who is married with 2 children a boy and a girl of which the first born is 7 years and the other is 3 years old. Me and my family both live in Monze specifically bwengwa. I settled there because that is where my wife was comfortable because it is near to her family home

My Business

For what I do to earn a living, I have been buying charcoal in bulk and resell to urban areas.

This business is working out a lot because of the loadsheding that my country Zambia is facing at the time. Loadsheding is a where we experience power cuts for a period of time hours to be specific. Now this happens everyday in zambia power cuts on a daily and sometimes it takes about 6 hours to be turned back on which means people will not be able to use power to do basic needs like cook. This I supply charcoal with which they would use to make a fire and cook as power is out

Loan Proposal

To increase the bags of charcoal am ordering for resale in the urban areas of Zambia particularly Lusaka

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Jul 26, 2021

Repayment status

On Time

Projected term

2 weeks

Other loans

Lenders

Sundstroms

Falun, Sweden

CMB

Germany

F

fambig

Switzerland

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