Capital investment for foodstuffs business

Mwamba

Lusaka, Zambia

25% repaid

Follow Mwamba How it Works

Entrepreneur

Name

Mwamba

Member since

April 2019

On-time repayments

32 installments  •  66%

About Me

My business involves lending people items and collect the funds after an agreed period. I have expanded by opening up a small shop for cosmetics

My Business

Buying and reselling food stuffs, clothes and household appliances. I have expanded and opened up a small shop for cosmetics

Loan Proposal

I will be able to expand my business with this loan. Currently my stock is mainly cosmetics. However, there is an increasing demand for soft drinks and other items such as cooking oil, soaps, and toiletries. Therefore, this loan will go towards buying these required items. I will also invest in buying more popcorns.

Income Source

I am a full time employee of the government on a 2 year contract. I get a monthly salary at the end of each month. Should the business fail to pay for the loan, i will be able to get part of my monthly salary and pay back the loan.

My Videos

Mar 30, 2021: Mutale mwamba grocery business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$771.00

Date disbursed

Apr 14, 2021

Repayment status

Late

Projected term

2 months

Other loans

Apr 2019:  $9

Jun 2020:  $10

Sep 2020:  $6

Oct 2020:  $16

Oct 2020:  $58

Nov 2020:  $159

Jan 2021:  $599

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A

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S

SydneySider

Sydney, Australia

Silver

Steiermark, Austria

J

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Delft, Netherlands

F

Forba

Mo i Rana, Norway

evinpa

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MarktheMormon

Sandy, Utah, United States

L

ldron7

Utah, United States

D

danielske

Branford, United States

M

mushroom

Brussels, Belgium

A

anonymus

Moon, United States

T

Tallago3

Munich, Germany

AF

a f

washington, United States

L

Lucy2012

London, United Kingdom

C

cjmenchaca

Austin, United States

E

ericcamden

Berkeley, United States

G D Export

Kolkata, India

C

cyrilleberger

Gammalkil, Sweden

dajawein

Gladstone, Australia

D

Divergent

Bethesda, United States

G

glomardor

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Cloudways

Malta, Malta

A

Austrian

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E

EnhanceLife

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S

SvenWaage

Stavanger, Norway

McJulio

New Jersey, United States

zphelj

Dallas, United States

B

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Melbourne, Australia

Christopher

Copenhagen, Denmark

M

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Columbus, OH, United States

Ingela

Falun, Sweden

P

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Espoo, Finland

DT

Dru Tarr

Gloucester, United States

S

sdamani

Duluth, United States

L

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Edmonton, Canada

A

Andy

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MikaL

Helsinki, Finland

N

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BF

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vancouver, Canada

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Chicago, United States

A

AndrewC

London, United Kingdom

A

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P

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Kungsbacka, Sweden

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JOKer

Weisendorf, Germany

O

Ohio

Ohio, United States

soniad

Dubai, United Arab Emirates

C

CorVeninga

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Seattle, United States

xtrahardware

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dcheung

San Francisco, United States

E

edgrr000

Dallas, United States

C

curtains4u

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L

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New York, United States

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R

RohitSingh

Montreal, Canada

D

dbuksh

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sderickson

Berkeley, CA, United States

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Washington, Dc, United States

pvilliger

Zurich, Switzerland

T

tophini

Alma, United States

D

drorm

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tengbao

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C

chesterm8

Australia

D

dm151

Australia

J

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bb4dogs

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chriseyre

Fremont, Ca, United States

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bscent

Hong Kong

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Dusseldorf, Germany

Grant Xavier Storer

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ThomasJosef

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Schwäbisch Gmünd, Germany, Germany

C

ColoradoSkier

Denver, United States

K

Kebrenagast

New York, United States

M

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Germany

SuperMario28

Cudahy, United States

Mike and Jacqui

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S

Stephan

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S

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Jeroen Decock

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Dave Bogard

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JC

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Kate Courteau

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Kevin

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Isabella

UK, United Kingdom

AH

Andreas Holmstrom

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GN

Gabriel N

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K

Kramy

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Rory McLaughlin

Dallas, United States

CS

Cynthia Skousen

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V

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Oslo, Norway

I

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Serena Isabel

Sweden

Sinan Taifour

Munich, Germany, Germany

MC

Mark Cowburn

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JV

Jose Vidal

New York, United States

Day Family

Melbourne, Australia

RH

Rick Henrikson

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RA

Ritchie and Jie

Hong Kong

NH

Nancy Hull

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Jean Wren Chan

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NB

Nuno Barradas

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Paul Buchheit

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Jane

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Theo

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Darren Jeppson

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Chris

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E

EJOBIV

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CS

Chris Schaefer

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PJ

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SW

Sean Walsh

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Nick Studenski

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San Francisco, United States

DO

Denis Ontiveros

Guildford, United Kingdom

M

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Ryan

Germany

KA

Kimmy and Chad

Los Angeles, United States

AB

Andrew Bickett

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EB

Ernesto Bartels

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DH

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RS

Ralph Smyth

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Christine

Munich, Germany

GF

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MS

Michael Schwenger

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Julia

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Nikolaus Bührer

Karlsruhe, Germany

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Chad Aboud

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Angela Chu

Toronto, Canada

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Lauren

Sacramento, United States

M

mhuuden

Netherlands

KV

Kris Verhoeven

Belgium

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Sibyl

Basel, Switzerland

BW

Belinda Wang

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Sophia

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TT

Thordis Taag

Germany

AG

Augusto Gesualdi

Berlin, Germany

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Thomas

Germany

AN

Alex N

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A

Anonymous

Germany

A

Anonymous

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CL

Caleb Liu

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E

Eduardo

Paraguay

PV

pekka v

Finland

S

Schmidt

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JB

Jeffrey Blair

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Melissa

United States

A

Anonymous

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J

Julie

Denmark

A

Anonymous

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A

Anonymous

United States

A

Anonymous

Switzerland

MM

Melody Mills

United States

AB

Andi Ba

Germany

CB

Chris Baker

United States

DB

David Buchanan

Ilmenau, Germany

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Germany

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Nathalie Rafeh

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RT

Ravi Taxali

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R

Ru

New York, United States

V

Vic

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Frank

Germany

MC

Mike Cormack

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E

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Australia

MN

Mike Newhof

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Sebastian

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Manfred

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Senegal

J

Jeremy

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SH

Shiloh Hoisington

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M

Michael

Germany

DD

Daniel de Oliveira Ferreira

Brazil

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Sarah

Manor, TX, United States

MR

Michael Roehlk

Germany

C

Christian

Switzerland

H

HJ

Switzerland

A

Anonymous

Norway

BB

Bert Barten

Netherlands

GR

Gabe Radovsky

United States

GP

Gino Polverari

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Vancouver, Canada

D

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France

TC

Tracy Churchill

Australia

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Marc

Berlin, Germany

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RyanP

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United States

J

James

United Kingdom

EH

Ed Hendrickson

Ames, Iowa, United States

K

Katka

Germany

MM

McLane Muller

United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

Denmark

Michael Chew

Melbourne, Australia

Y

Yaser

Germany

SH

Stephen Hutchins

United States

W

Wim

Deventer, Netherlands

RL

Ralph Lüdecke

Germany

SS

Sophia Schach

United States

M

M

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Sabrina Shuss

United States

RA

Ray and Abram

Melbourne, Australia

B

Berend

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HS

Henrik S

Germany

LQ

Lisa Quinn

Australia

A

Anonymous

Denmark

RJ

Robert Jamieson

Vancouver, Canada

T

Tim

Netherlands

Ask Mwamba a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Mwamba    Sep 8, 2021

    I lost business due to relocation, no customers, funeral and Covid 19 travel restrictions

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  • Mwamba    Sep 1, 2021

    I run out of business due to relocation, funeral, and Covid 19 restricting movement of people.

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  • Mwamba    Aug 25, 2021

    I had a breakdown on my business due to a number of factors including relocation, funeral and loss of business.

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  • Mwamba    May 12, 2021

    I have shifted to a new trading area and yet to establish a new customer base

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  • Mwamba    Apr 14, 2021

    Dear Zidisha,

    I wish to acknowledge having received a total loan amount of K12,277 (after deducting fees).
    I will use this money to order more items for my shop including cosmetics and food items-beans and rice for reselling.
    Thanks to the lenders for this support.
    Regards

    Log in to reply • Share

  • Mwamba    Apr 12, 2021

    Thanks to my lenders.
    I am going straight away to order more supplies for my shop.

    Regards

    Mwamba

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  • Mwamba    Mar 27, 2021

    I have expanded further my business into groceries

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  • K

    KM    Mar 26, 2021

    The loan was fully repaid. Well done, and best of luck with the business!

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  • Salome    Mar 18, 2021

    Mwamba has promised to finish paying he's loan any time soon. Thank you

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  • Mwamba    Mar 9, 2021

    Most of the customers i gave the orders are failing to pay me.
    The business of ordering eggs and resale has stalled because of price adjustment from my supplier which has made it difficult for my clients to accept a corresponding adjustment from me.

    Log in to reply • Share

  • Mwamba    Jan 23, 2021

    Done

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  • Mwamba    Jan 23, 2021

    I have been able to increase my stock from my last loan.
    Thanks to the lenders

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  • Mwamba    Jan 18, 2021

    I wish to confirm that I received a total of K9, 283 after deductions. I have used this money to order more foodstuffs for my shop.
    Thanks to the lenders

    Log in to reply • Share

  • Mwamba    Jan 12, 2021

    K12, 376 has been credited into my account as the loan. I will be buying more stock in my shop including more food items.

    Thanks to the lenders for the support

    Log in to reply • Share

  • Mwamba    Jan 11, 2021

    I wish to accept and confirm that my loan request is completed. I will order more stock in my shop.

    Thanks for the lenders.

    Regards

    Log in to reply • Share
  • M

    Margaret    Jan 9, 2021

    Good luck with your new loan!

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  • Mwamba    Jan 7, 2021

    My cosmetic shop with popcorn and eggs on sale. Courtesy of Zidisha loan. Thanks to the lenders

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  • Mwamba    Jan 4, 2021

    From the loan i got last time, i have managed to grow my business and expand into more goods. I managed to order new stock of cosmetics, popcorn, and trays of eggs in my shop. I also used part of the money to cultivate 1 ha of popcorn.

    Log in to reply • Share

  • Mwamba    Dec 21, 2020

    Dear Lenders,

    I wish to let you Know that i already received the loan amounting to K2,077. I used this money to stock my shop. I already paid back K1,500 and the balance to be cleared soon.

    Thanks for the support.

    Mwamba

    Log in to reply • Share

  • Mwamba    Dec 6, 2020

    Thanks guys for the loan

    Log in to reply • Share


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