Dry fish, beans and vegetable business

Besnart

Chipata, Zambia

17% repaid

Entrepreneur

Name

Besnart

Member since

August 2016

On-time repayments

34 installments  •  35%

About Me

I am a Zambian lady aged 32, single with 3 children. I was born in a family of 3 brothers and 2 sisters, and I am the fourth born of Mr. and Mrs. James Phiri. I got married at the age of 16,and after living together with my husband for 9 years,he (my husband) died and left me with 3 children, eventually life became hard and I ended up suffering without knowing what to do. During this time I experienced up and down type of life, being a young widow, it wasn't easy. Until I decided to start business,since I didn't finish school. The business that I am doing is selling dry fish, beans, tomatoes and other types of vegetables.

You will be happy to know little about our country Zambia; it is a land locked country with a lot of tourist attraction such as Game Parks and Victoria Falls -which is one of the seven wonders of the world. And there are very friendly and hard working people in Zambia, who always aim at progressing and love to associate with people of different culture. We like seeing people progress i

My Business

My passion has always been to do business in the category of food industry - and from the onset of my business I have been selling relish such as dry fish, beans, tomatoes and other types of vegetables. Fish is always on high demand this part of the nation, and sometimes sells like hot cake, due to the fact that they are imported from neighboring country Malawi. Normally I do have stock worth $450, and dry fish cost $1.20 and a cup of beans cost $0.40. When the business is on a pick I make $40 per day.
Part of the profits that I make from my business I do reinvest in growing the business, home improvement and paying my children's school fees.

Loan Proposal

1. Dry fish at $150
2. Transport at $20

The loan that hopefully I will be funded will greatly help in boosting my business and sustain my family, it will further help my children's school fees. I will also use part of the profit to repay the loan, so that others are helped.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$184.00

Date disbursed

Sep 24, 2016

Repayment status

Late

Projected term

65 months

Lenders

Zidisha

Sterling, United States

lorello

Vicopisano, Italy

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

dlpringle

Denver, United States

Matching Fund

Sterling, United States

lyalljellyman

Wellington, New Zealand

A

AniaC

Melbourne, Australia

J

John

United Kingdom

PG

Paul Graham

United States

wissam

Jeddah, Saudi Arabia

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

R

Ralf

Germany

A

Anonymous

United States

CJ

Chris Jones

Seattle, United States

A

Anonymous

United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Besnart    Feb 22, 2017

    We were selling along the main road, all of the sadden the government chased us. As a result we are stack not knowing where to do business from. Hence I have decided to reduce weekly repayment.

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  • Besnart    Oct 20, 2016

    Thank you my lenders for the timely help, business has been moving well, but all of the sudden it has slowed down, hence I have decided to reduce my weekly loan repayment to the above mentioned amount. I will increase when business is back to normal. Thank you for your understanding.

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  • Besnart    Oct 5, 2016

    Thank you lenders for the loan that I received safely and timely. God bless you greatly. I promise to use the loan money accordingly and wisely in to yield great results. And I will pay back as agreed.

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  • Besnart    Sep 17, 2016

    Thank you very much lenders, I am more than happy for the loan that has been 100% fully funded. I will put this money to good use. And repay accordingly for others to benefit. God bless you. This loan will help boost my dry small fish business and will help pay school fees for my children whose father is late.

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