Buying a food warmer, cooker & restaurant chairs

Mary

Choma, Zambia

Funds disbursed

$0 to go

100% funded of $224 goal

0

days left

Entrepreneur

Name

Mary

Member since

February 2021

On-time repayments

16 installments  •  63%

About Me

My name is Mary Tembo and am 21 years of age. I completed my high school. Am entrepreneur involved in business. I have a business which I need develop and improve because it is the main source of livelihood. Am interested in Zidisha loans because I understand from my orientation that Zidisha loans are affordable.

My Business

I ran a restaurant and I provide different types of meals for sale. My restaurant is located in the central business town and demand is very because customers consume a lot of food. When I prepare I sell them very fast and I earn a lot of income daily.The profits I make I use to reinvest in the same business, home improvement and pay 2 children school fees.

Loan Proposal

Am requesting for this loan to purchase the restaurant chairs, food warmer and the cooker as demand keeps on increasing and more customers coming to have lunch. I also to need to replace the old food warmer as it is not working properly. The loan will help me to accommodate more customers and increase daily revenue as opening another new restaurant in town.

Income Source

My business is fast consumable and sell very fast, which means I generate daily income. By so doing I will be saving some income to pay towards the loan. I have also opened another restaurant hence my income will increase as my savings, therefore I will repay my loan without fail.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$224.00

Date disbursed

May 5, 2021

Repayment status

Late

Projected term

6 weeks

Lenders

Lotus Flower

United States

EA

Eric Albert

United States

B

Barbra

United States

Lloyd Feigenbaum

United States

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Summary

Amount repaid

$0.00

Amount remaining

$224.55

Expected completion

Jun 20, 2021

Status

Repaying late

Installment amount

$37.45

Repayment History

Expected Payments Actual Payments
May 16, 2021 $37.45
May 23, 2021 $37.45
May 30, 2021 $37.45
Jun 6, 2021 $37.45
Jun 13, 2021 $37.45
Jun 20, 2021 $37.31

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