Expansion of my business selling eggs

Peter Maselino

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Peter Maselino

Member since

July 2020

On-time repayments

56 installments  •  45%

About Me

My name is Peter Maselino aged 28yrs,Zambian by birth and i ran a small shop where i sale eggs and cooking oil.

My Business

After resigning as a supervisor at sunshare investment i started selling eggs at retail and whole sale price. I started my business with just 10 trays of eggs but by the grace of God and hard work i now have about 40-50 trays of eggs. Am now planning to buy a one hecter land so that i start rareling a chicken farm.

Loan Proposal

I will use the loan to expand my business. I want to increase the number of goods in my shop. This money will help me meet up the delivery schedule i have made with my partners.

Income Source

I have made contracts with small businesses to deliver approximately 10-15 trays of eggs to each shop.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.33

Date disbursed

Aug 10, 2020

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $2.66

Credit risk payment: $1.60

Lenders

Jason

Auckland, New Zealand

Donald Major

United States

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