Peter Shawa
Chipata, Zambia
100% repaid
Name
Peter Shawa
Member since
November 2020
On-time repayments
25 installments • 40%
My name is Peter Shawa. I live in Chipata. I am married with three children, one boy and two girls. My wife is a teacher and I am a businessman. Our house is along Umodzi Highway.
I order sugar and cooking oil from Lusaka and I sell the products in my shop.
My shop is located in Chipata town and it is always a hive of activity with people coming in and out and goods going in and out. I enjoy what i do because I am able to provide for my family.
I plan to use the loan by purchasing large quantities of cooking oil and sugar from the manufacturing companies in Lusaka to sell in my shop.
I will transport the cooking oil and sugar using my 5ton delivery truck.
Our shop is focused on selling cooking oil and sugar to residents of Chipata.
We are good at what we do and it shows through the good revenues that the business makes each month.
Feb 6, 2021: Expand my vegetable garden
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$106.01
Date disbursed
Nov 20, 2020
Repayment status
On Time
Projected term
7 weeks
Cost to entrepreneur
Service fee: $11.48
Credit risk payment:
$9.17
Optional expediting fee:
$11.48
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