Expand land

Bornaventure

Mpika, Zambia

Funds disbursed

$0 to go

100% funded of $199 goal

0

days left

Entrepreneur

Name

Bornaventure

Member since

October 2018

On-time repayments

8 installments  •  50%

About Me

My name is Bornaventure chanda third born son in a family of six am now 27 years old a resident of Mpika along great north road, northern province of republic of Zambia, I was born and raised from a humble background with low income which could not afford to take me to a college after completion of my secondary school education in 2015
My elder brother supported me to overcome the challenges for my achievements, he helped me with a capital after i proposed to him the establishment of hammer meal project, business i always admire since my child hood and in July 2016 the hammer meal was established and i managed to purchase another two electric motors that i need to mount before the end of this year 2018, and i need to extend and refurbish the building to look more attractive to customers my prices are very affordable that everyone can afford
most people in the area are peaceful, friendly and rich culture

My Business

My business is productive and am specialized in Breakfast mealie meal, Roller meal, special roller meal, sample maize and many more, all the commodities is on demand because there is a good market, My business is at the center of the community and so far there's no competitor I always attract my customers especially for the low prices ,I choose this business because of the good and wide catchment market area, i invested 3,700 dollars equivalent to ZMK 37,000.00 with the help of my elder brother, revenue is high than costs with a profit between 65 to 86 dollars per week, i reinvest the bigger profit and i also support my family

Loan Proposal

My hammer mil business is doing very well only that it has been on the small scale, hence the need of expand the land and clear the near by bush I will therefore use 70% of the loan to renovate the hammer mil structure and increase the number of rooms were i can install the new electric motors the remaining 30% will go to bush clearing this will increase the profit i have been making to 48% of the total earnings per week.
Thanking you in advance and God bless you for helping my business to grow

Feedback

1

None

None

  • Liz    Dec 18, 2018

    Thank you for your timely repayments Bornaventure. Best of luck in your business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.00

Date disbursed

May 10, 2019

Repayment status

Late

Projected term

4 weeks

Lenders

Sundstroms

Falun, Sweden

G

GoughGirl

Washington, Dc, United States

Kristin Rhodes

Kansas City, Kansas, United States

moursund

Beaver Nation, United States

Day Family

Melbourne, Australia

LM

Lee Montecucco

Washington State, United States

EA

Eric Ayers

Atlanta, United States

KA

Kate and Tom

United States

KF

Kathy F

Memphis, TN, United States

alexalexalex

Berlin, Germany

P

Patto

United States

B

Bram

Germany

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

LD

Lisa Dresner

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

R

Rafael

Switzerland

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  • Bornaventure    Apr 23, 2019

    To all my lenders i say thank you so much for funding my new loan and i promise to use this loan to expand my business land. May God bless you all

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  • Bornaventure    Feb 13, 2019

    I hope to receive my loan soon.

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  • Bornaventure    Feb 5, 2019

    Thank you so much to all my lenders for funding my Loan may God bless you all.

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  • Bornaventure    Dec 19, 2018

    Am grateful and thankful to zidisha for your continued support to my business the previous loan i got i managed to replace grinding teeth and now the hammer mil is operating normally and customers are happy because their now have to buy cheaper malie meal with the community and this has increased the income by 28% have reinvest the all profit into business.

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  • Bornaventure    Dec 3, 2018

    Thank you for fully funded my loan, God bless all my lenders and zidisha team for making me progress in my business i wouldn't be were i am today without your support, I will make profit from this loan up to 23% per month

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  • alexalexalex    Dec 3, 2018

    Good luck Bornaventure!

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  • Bornaventure    Nov 28, 2018

    Many thanks to all my renders for your good support to my business i see my business grow even bigger with your continues support from the previous loan i managed to buy quality screen mil which i was lacking previously and this has made the huge difference most customers use to complain about how bad was the damaged screen mil but with the new replacement screen mil customers are now happy my earnings has been increased by 15% and part of realized profit have reinvest to the business

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  • Bornaventure    Nov 11, 2018

    Thanks Ian,

    Thank you so much you have made me popular in business, zidisha has really transform my business it's heading for greater heights

    Bonaventure

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  • Bornaventure    Nov 8, 2018

    previous loan enabled me buy spare part that was much needed for my hammer mil business, As my credit limit increases, I would like to borrow a higher loan amount that will enable me to acquire the much-needed hammer mil motor and screen mil equipment

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  • Bornaventure    Oct 1, 2018

    Thank you so much to all my lenders and zidisha team for funding my project may the good lord bless you all

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