Buying the equipment for making chicken shawama
Kasonde
Lusaka, Zambia
27% repaid
Entrepreneur
Name
Kasonde
Member since
July 2020
On-time repayments
14 installments • 21%
About Me
My name is Kasonde Mwila i was born 23rd April, 1991.Am the first born from the family of 5 3 girls and 32 boys.I went to st mary's secondary school were i completed my high school and obtained good school results that gave the opportunity to selected in College.I did achieve important goals due to hard work both at school and work.I started my business after attending a business work shop which motivated.Zambia is a land locked with beautiful water fall and wild life which is major tourist attraction in the world.I wish my children to emulate my achievement and successes so far which i have achieved in my life.
My Business
I have established a number of business entities in the city of Lusaka among these business, are restaurants,bars, retail shops, clothing business and fish farming.From these businesses i make fast income,The goods sale fast such as food staffs, beer,grocery goods, second hand clothing and also fish farming.All these businesses make good income because there is high demand and the price is affordable to my customers.My typical cost of these business is 30,000.00 ZMW and weekly i make a profit of 7000.00 ZMW to 8000.00 ZMW, hence i more additional capital to expand and ensure that i meet demand to all my customers.
Loan Proposal
I need to buy the chicken shawama making machine, chicken shawama is highly profitable.Now that business at the restaurant is picking up, a number of customers asking for chicken shawama which i buy urgently to start making them for my customers.Each Shawama is ZMW 15.00 and my target per day is 30 pieces of shawama, which will be giving me ZMW 450.00 per once i start making the chicken shawama.
Income Source
The restaurant business at moment is doing very well following health guideline from the health authorities and one meter sitting arrangement.Am able to conduct business accordingly and making good income to help me repay my on time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$65.00
Date disbursed
Aug 30, 2020
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
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