Cooking oil business

Charles

Chipata, Zambia

7% repaid

Entrepreneur

Name

Charles

Member since

October 2016

On-time repayments

117 installments  •  5%

About Me

I am the young man aged 27, single, born in a family of four - all boys. Grown up in a family that most of the years survived on a dollar per day - I finished my high school with difficulties at Chadiza Day Secondary School in Chadiza District, a mountainous district. Due to financial difficulties, I was affected and I passed but on average rate. After I finished my high School I went to driving school with the plan to look for employment as a driver after the course and later on go back to school and rewrite in some of the subjects that I did not do well. But its been difficult to find employment as a driver. My parents have been very helpful, they have been very supportive to me until finally I came across this great opportunity from Zidisha. My desire have been always to do business, when I was introduced to Zidisha I did not hesitate, but to organise myself and apply for a loan from Zidisha.

My Business

My plan when I am funded from Zidisha I want start selling cooking oil in bottles. Cooking oil is always on demand due to the fact that it is used in so many food preparation and baking. I chose this business because I have experience and so many sources in this type of business. When this business is successful upon being funded, I plan to go back to school and rewrite the subjects that I did not do well. And part of the profits will help me to prepare for marriage, and help my mother in some home necessities and also help in to grow the business.

Loan Proposal

My plan is to start selling cooking oil in bottles on retail. The budget for this business is broken down as follows:

1. 4 X 20 liters of cooking oil = $120
2. Stand = $35
2. Transport = $10

I expect to make $50 profit per month out of this business.

And this business will greatly help me upgrade my education and prepare for my marriage.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$183.00

Date disbursed

Oct 25, 2016

Repayment status

Late

Projected term

27 months

Lenders

Kitty

Hailsham, United Kingdom

BrassHat

Boston, United States

COOPITALIST

Toronto, Canada

KivaTom

Tillamook, Oregon, United States

ErikN

Stockholm, Sweden

Ambrose

Calgary, Canada

F

FHult

Stockholm, Sweden

tasos

hove, United Kingdom

H

hanh352

Homosassa, United States

rfriedenberg

New Jersey, United States

E

erogers

Vancouver, Canada

W

willemsenphilippe

Edegem, Belgium

A

Andrii

Kiev, Ukraine

tswickrama

Orlando, United States

melzisme

Kl, Malaysia

H

HobbyCollector

Beach City, United States

D

Dutch_lender

Leiderdorp, Netherlands

Z

zangalan

Maryland, United States

A

ADISI

Bern, Switzerland

C

Clben7

Cincinnati, United States

J

Jonas

Linköping, Sweden

Justin

Connecticut, United States

G

gerard

Netherlands

M

mevans24

United States

P

plhughes

United States

M

merk85

United States

larry

Sweden

T

Tim47

United States

K

kennychit

United States

Jamal Hamou

Cascadia, Canada

B

Bennphoto

United Kingdom

L

Lagrange

United States

N

Nicolaas

Doha, Qatar

I

ident

Horsholm, Denmark

P

PepsiMax

United Kingdom

Kyle Hoback

Omaha, United States

R

ross22

United States

K

Kelly729

United States

VS

Vajean Stan

Mangalia, Czech Republic

Peter R

Fulda, Germany

D

Daniel

Stuttgart, Germany

M

Marcus86257

United States

A

Alexander

Innsbruck, Austria

R

Robert

Berlin, Germany

o24kristin

Schaumburg, United States

WH

Walter Hill

United States

H

Hakon

Drammen, Norway

JM

John Meserve

United States

YG

Yann Graf

Netherlands

E

erica

antwerpen, Belgium

Kevin

San Francisco, United States

M

Marc

Newcastle upon Tyne, United Kingdom

DB

Divya Bhat

United States

KD

Kent Don

United States

EB

Erica Brescia

United States

A

Anthony

United States

Cameron Graham

Nashville, TN, United States

JD

Jeff DePree

United States

S

Selloman

Geesthacht, Germany

Oliver Hasenberg

Iserlohn, Germany

AE

Ashley Eyre

United States

RR

Ria Rose

New Zealand

Penny

Victoria, Canada, Canada

George

Corvallis, Oregon, United States

S

Stein

Diest, Belgium

ME

Manaal Eisa

Washington DC, United States

CNV

United States

A

Amanda

United States

Cristina Huesch

Canberra, Australia, Australia

TH

tom hd

United Kingdom

Stephan W

Witten, Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Charles 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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