Buy charcoal for resale

Phinius

Monze, Zambia

Funds disbursed

$0 to go

100% funded of $21 goal

0

days left

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 stock of charcoal am buying from monze for resale in Lusaka zambia. I want to buy more bags for me to increase on my income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Aug 7, 2021

Repayment status

Late

Projected term

2 weeks

Other loans

Lenders

Urszula

United Kingdom

CMB

Germany

F

fambig

Switzerland

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