Buying new fishing nets

Enock

Kalulushi, Zambia

Funds disbursed

$0 to go

100% funded of $125 goal

0

days left

Entrepreneur

Name

Enock

Member since

August 2020

On-time repayments

10 installments  •  80%

About Me

My name is Enock Kapalu and am 50 years of age.I have 5 children married with a beautiful wife.Am a former miner, i used to work for the Mines as a technician.At moment am doing business which the main survival and livilyhood for my family.I started my business after receiving my package from my employer 5 years ago.Zambia is unique country in southern africa, it is a land locked and full of tourist attraction such the waters fall and the famous Victoria fall which attract toursit over the world and africa.Zambia is also rich in copper and other precious minerals and agriculture and fish farming.It has 72 tribes and the country is divided into 10 province.

My Business

I sale and supply fish to restaurant, hotels, and supermarkets, fish product is highly on demand because it good food rich in protein, the type of fish are, bream, tiger and bottle fish, i choose to engage in fish farming because it sells fast and it generates 50% profits of the income.

Loan Proposal

Am requesting to purchase new fishing nets the 3 inches, 4 and 5 inches Fishing to help catch fish according to my customers demands,I need to replace the old fishing nets because am having challenging when working.I have also noted that some customers need small fish, medium and others large size.Hence I need to buy the fishing according to the specification so that I the right quantities as required by the customers.

Fish is highly profitable and in demand.The market is readily available all need is to buy the fishing equipment in this case which is the right fishing nets.

Income Source

Fish is highly profitable and in demand.The market is readily available all need is to buy the new fishing equipment in this case replacing the old ones which are giving me challenges.In this business am doing fine and the profits is encouraging to work hard and earn more income.

Feedback

1

None

None

  • Betty    Dec 12, 2020

    Thank you for the repayment, Enock! I hope your business does well!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$125.00

Date disbursed

Dec 15, 2020

Repayment status

Late

Projected term

2 weeks

Lenders

Rdcmole

Cincinnati, United States

A

Andy

United States

Olly Ishmael

Aberystwyth, United Kingdom

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