Buying two deep refrigerators to stock fish & chicken
Veronica Phiri
Kitwe, Zambia
3% repaid
Entrepreneur
Name
Veronica Phiri
Member since
July 2020
On-time repayments
54 installments • 69%
About Me
My name is Veronica Phiri and am 36 years of age.I completed my high and at Ndeke Secondary School in Kitwe and i did obtain very good results.I hold a Diploma in business management.Due to jobs that are scarce nowdays i have decided to engage myself in entrepreneurship.
My Business
I ran a grocery in our community and i sale a variety of goods, where my source of income comes from.I sale home essential goods mainly groceries and cosmetics in the shop.This kind of business is highly profitable all it needs is good capital to stock up the people's needs.my typical cost is over 35,000 ZMW, of which i make over 4,500 ZMW weekly profits meant for restocking of new stock and some of it for home improvement.
Loan Proposal
Am requesting for this loan to buy 2 deep refrigeration for stocking more fish products, dressed chickens, beef, sausages and pork product in my grocery shop for sell.The demand for fish and chickens is very high and I see it as opportunity for me to generate more turn over or profits to make my business prosperous and grow very big this time around.As for the fish products I will be making more than 15,000 thousand ZMW and for the chickens 20,000.00 bring the total turn over to 35,000.00 ZMW per week.
Income Source
Currently with the second wave of Covid 19, some businesses may face challenges, I have two grocery shops, the main grocery is the heart of my business it is doing well and generating good income, the ice cream machine is also generating daily income.I have also started raring and selling chickens and selling clothing to increase my financial base to grow businesses and to be financially sound so i can be servicing my loan in the coming weeks without issues.Thank you all my lenders in advance for supporting me.
My Videos
Jan 8, 2021: Grocery business
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,472.99
Date disbursed
Jun 7, 2021
Repayment status
Late
Projected term
4 months
Cost to entrepreneur
Service fee: $96.01
Credit risk payment:
$480.09
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Jari Sep 11, 2021
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