Drinks and water

David Banda

Lusaka, Zambia

100% repaid

Entrepreneur

Name

David Banda

Location

Lusaka, Zambia

On-time repayments

7 weekly installments  •  86%

About Me

My Name is David Banda I am a 21 year old Male of Lusaka. In the year 2016 my family got a very big tragedy as both of my parents perished in a fatal road traffic accident in Kapiri Mposhi. During that time I was doing my grade 10 at Kafue Boys secondary school. With no financial aid or insurance I was forced to drop out of school to vent for my younger siblings aged 12 and 8 respectively. Luckily my parents had a grocery store in Kapiri Mposhi where they resided and so my siblings and I had to relocate to Lusaka permanently with the aid of the saved income I was able to open a grocery store which has supported my siblings through primary school and secondary school. I am also attending night school as my dream is to finish my secondary school education

My Business

My business is a simple grocery store which stocks different kinds of groceries ranging from house hold food stuffs to house hold tools like brooms and mops. In my part time I also work as an electrician, I am able to fix broken appliances such as fridges and stoves. I plan on studying electrical engineering when God gives me the chance

Loan Proposal

Because of the previous loan i was able to stock up in drinks and water which yielded in greater profit margins for me. With this loan i would like to stock up on more drinks and beverages again just

Income Source

Yes business is not an eaasy field but because my goods and commodities are affordable i always have business profits no matter the time of the month, weather or climate. i am possible that i will pay back this loan with ease.

My Videos

Apr 21, 2021: My introduction to my grocery shop

Feedback

None

None

None

Lenders

Babbitt Family Foundation

Sioux Falls, SD,  United States

Black and White Zebra

Vancouver,  Canada

Darren Jeppson

Denver, Colorado,  United States

Sinan Taifour

Munich, Germany,  Germany

Aran Dunlop

United States

sderickson

Berkeley, CA,  United States

Tavin

Ottawa,  Canada

GA

Gal Ashuach

רעננה,  Israel

D

Denise

United States

JS

Jessica Stovall

Austin,  United States

Show all

Loan Info

Disbursed amount

$56.03

Date disbursed

Mar 6, 2021

Repayment status

On Time

Projected term

2 weeks

Cost of loan

Service fee: 5% of $56.03 = $2.78

Credit risk payment: $7.83

Optional expediting fee: $8.40

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

Loading...

Loading...