16 weekly installments • 63%
My name is Mary Nankonde a young lady age 26 years of age.I completed my high school waiting to go to college.Am Zambian by birth, am running my own business to raise money for my College tuition fee and also improve the living standard of my family.
I ran a small butchery and i stock meat products, pork, chicken, fish and sausages. These goods sell faster and the demand is very high. Consumption is very on these products and price is very much affordable.
Am requesting for this loan to buy more fresh stock of beef , chicken broiler, layers, and pork products in my butchery. Demand is still high from my customers and people want to buy these products for home consumption and in restaurants. Indeed if this loan becomes successful I will be making good profits very fast because consumption of this products is very high. In addition I want also to buy new standard weighing machine to ensure that weights for beef, pork, chicken and sausages are recorded profitably when customers buy the goods in the butchery shop.
This year I have opened a grocery shop to compliment the butchery shop, Risk are very high this time around due to the pandemic and this is another wave and most businesses are not stable yet. However I decide to open the grocery shop to double the daily income weekly. Both businesses are doing very well and the profit made will be used to repay the loan. The Butchery business is doing much better because consumption for the good I is very high.
Jan 22, 2021: Butchery business
Mar 11, 2021
Cost to entrepreneur
Service fee: 5% of $412.88 = $27.80
Credit risk payment: $89.06
Optional expediting fee: $55.66