Name
Happy Simwanza
Member since
February 2021
On-time repayments
7 installments • 71%
My name is Happy Simwanza, I live in mandevu area of Lusaka with my mother and siblings. I am the first born in the family and as the man am responsible of taking care of my siblings. I started my business of selling alcohol in a small booth after I completed school then I grew the business into a bigger shop.
I own a liquor store so i sell assorted alcohol starting from ciders, lagers,wines to whiskeys. My business is at peak during the weekends as that's the time people want to relax over a beer after the long tiring week. I often close at midnight when it's during the weekend because customers are a lot.
I want to use this loan to order some more ciders for shop,I have the whiskey and wine in stock but the ciders are really needed as many customers like to buy six packs of the ciders either Hunter, savannah, windhoek and black label.
My business runs everyday and is at peak on the weekends,this is to imply daily income which I will save and use to pay my weekly installments on time considering this current economic climate.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$118.76
Date disbursed
Mar 8, 2021
Repayment status
On Time
Projected term
2 weeks
Cost to entrepreneur
Service fee: $2.13
Credit risk payment:
$6.03
Other loans
Ask Happy a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.