Buy stock for liquor store

Happy Simwanza

Lusaka, Zambia

29% repaid

Entrepreneur

Name

Happy Simwanza

Member since

February 2021

On-time repayments

7 installments  •  71%

About Me

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.

My Business

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.

Loan Proposal

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.

Income Source

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.

Feedback

None

None

None

Loan Info

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

Lenders

MindMuse

Talking Rock, United States

Paul Buchheit

Mountain View, United States

John Minges

United States

C

Chris

United Arab Emirates

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  • Happy Simwanza    May 10, 2021

    Thank you for funding my loan !

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  • Happy Simwanza    Apr 29, 2021

    I am really thankful for the loan,I made some orders for the drinks even though the supplier delayed to deliver I restocked my liquor shop and I sold very well p

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  • Happy Simwanza    Apr 20, 2021

    I am using the money I currently have to make bulk orders for the shop as most of the liquor is done but after a good sell I will clear the balance soon

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  • Happy Simwanza    Apr 4, 2021

    Hi lenders thank you for funding my loan

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  • Happy Simwanza    Mar 1, 2021

    Hello Dear Lenders thank you so much for funding my loan :-)

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