Buying maize for making "mealie meal"

Steven Lungu

Lusaka, Zambia

Loan disbursed

$0 to go

100% lent of $282 goal

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Entrepreneur

Name

Steven Lungu

Location

Lusaka, Zambia

On-time repayments

5 weekly installments  •  100%

About Me

My name is Steve Lungu age 24 years Old. I was born in Earthen Province of Zambia in Petauke district. I grew up with parent and I was at Petauke Boarding School where I completed my High School. My Father was Miller, milling flour and mealie meal, I learnt the skills from him because I was working with him. Today I also operate a hammer meal where I mill different types of grains as required by customer.

My Business

Am involved in milling business and that is were my main income from. I provide milling services to the public who come to mill their grains into the end product needed. Among the grain I mill is
1. Flour
2.Mealie meal
3.soya cake
4.maize bran
I choose this business the milling business because it is well paying and most farmers bring their goods to be milled at my hummer centre at the main market where I operate from.

Loan Proposal

Once again am requesting for the loan to buy more maize for milling mealie meal, the harvest time is here now and demand for maize for making mealie is very high. If I bought more maize for milling mealie meal I will make more profits because the demand is overwhelming, The profits I will make I will use them to reinvest and grow the business during the marketing season for maize and improve the living standard of my family and expected profit is between 35,000 to 40,000 ZMW.

Income Source

This business I do generates good income every day, I will work out a plan to save some income towards repaying the loan. I addition to that I sale the maize bran to farmers who rear chicken and therefore make some income which I can add on when repaying the loan.

Feedback

1

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  • Heather    Mar 19, 2021

    Great experience. Quick repayment.

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    • Steven Lungu    Apr 1, 2021

      Thank you so much my lender for supporting my project, its a great business that is profitable. May God bless you

      Log in to reply • Share


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Loan Info

Disbursed amount

$282.99

Date disbursed

May 5, 2021

Repayment status

On Time

Projected term

6 weeks

Cost of loan

Service fee: 5% of $282.99 = $14.15

Credit risk payment: $45.28

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  • Steven Lungu    May 4, 2021

    Once again am requesting for the loan to buy more maize for milling mealie meal, the harvest time is here now and demand for maize for making mealie is very high. If I bought more maize for milling mealie meal I will make more profits because the demand is overwhelming, The profits I will make I will use them to reinvest and grow the business during the marketing season for maize and improve the living standard of my family and expected profit is between 35,000 to 40,000 ZMW.
    Thank you to you all my wonderful lenders for remembering me to fund my loan once again, am very grateful for you all coming on board to fund my loan. Am really happy this financial support will help a lot and expand my business and profits. My God the most high richly bless you.

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  • Steven Lungu    Apr 28, 2021

    Dear lender the previous loan has made me to generate huge profits because we now in the marking season for maize , am receiving a good number of farmers bringing their commodities to make mealie meal and customers are many who are coming at the moment I have made good income and I still need to buy more maize this will allow me to make more mealie meal both break fast and roller meal.
    Thank you so much and may God bless you.

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  • Steven Lungu    Apr 15, 2021

    Once again am requesting for the loan to buy more maize for milling mealie meal, the harvest time is here now and demand for maize for making mealie is very high. If I bought more maize for milling mealie meal I will make more profits because the demand is overwhelming, The profits I will make I will use them to reinvest and grow the business during the marketing season for maize.
    Thank you so much my lender for funding loan I really appreciate you so much.

    Log in to reply • Share
  • Steven Lungu    Apr 15, 2021

    Dear lender due to harvest season I have a lot of business from farmers who are harvesting, from the previous loan have huge profits and I want to buy more bags of maize for the manufacturing of mealie meal which is moving very fast due to high demand and more farming bring their grains for sale. Thank so much because the funds am being helped is transforming my business into big business deals now.

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  • Steven Lungu    Apr 1, 2021

    Once again am requesting for the loan to buy more maize for milling mealie meal, the harvest time is here now and demand for maize for making mealie is very high. If I bought more maize for milling mealie meal I will make more profits because the demand is overwhelming, The profits I will make I will use them to reinvest and grow the business during the marketing season for maize.
    Thank you so much my lenders for funding my loan I will work hard to give you every satisfaction.

    Log in to reply • Share
  • Steven Lungu    Mar 31, 2021

    Dear lenders am really humbled for all the previous support you have given me from the just ended loan, the new hammer meal I bought has made me improve the services to people which has result in making good profits and since the economic is really biting at the moment, the profits made has also improved the living standard of my family. My family can have three meals a day and able to afford the basis needs because of the empowerment of the loan which you the lenders have given me. To you all I say thank you so much and God bless you.

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  • Steven Lungu    Mar 22, 2021

    With this am applying for I want to buy another hammer meal for milling a number of grains due to high demand. I have a number of farmer and the general public bring their grain to be milled. Have been running and operating one hammer meal which has been good enough to service my customer, therefore should I buy a new hammer meal which operating well, I will be able to service delivery and generate more income. On this Old hammer have been experiencing a number of break down which has not been profitable.
    Thank you very much my lenders for supporting me may God bless you abundantly.

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  • Steven Lungu    Mar 22, 2021

    Dear lenders the loan has helped me a lot the new hammer mill has made me to extra hard, am able to attend a number of customers per day bringing their goods such as maize, flour, wheat and groundnuts to mill and this is making me generate good income daily therefore the business is doing very fine because of the loan you have helped me. The living standard home is now improving thank God for you my lenders, I can imagine without you what I could have done. Thank you very much

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  • Steven Lungu    Mar 10, 2021

    With this am applying for I want to buy another hammer meal for milling a number of grains due to high demand. I have a number of farmer and the general public bring their grain to be milled. Have been running and operating one hammer meal which has been good enough to service my customer, therefore should I buy a new hammer meal which operating well, I will be able to service delivery and generate more income. On this Old hammer have been experiencing a number of break down which has not been profitable.

    Thank you very much my lenders I will do my best in my business project to give you every satisfaction. God bless you all

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  • Steven Lungu    Feb 23, 2021

    In this am applying for I want to buy another hammer meal for milling a number of grains due to high demand. I have a number of farmer and the general public bring their grain to be milled. Have been running and operating one hammer meal which has been good enough to service my customer, therefore should I buy a new hammer meal which operating well, I will be able to service delivery and generate more income. On this Old hammer have been experiencing a number of break down which has not been profitable.
    Thank you so much my lenders for supporting me I really appreciate.

    Log in to reply • Share


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