Expansion of my business selling eggs

Peter

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Peter

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

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.00

Date disbursed

Aug 10, 2020

Repayment status

On Time

Projected term

2 weeks

Lenders

Jason

Auckland, New Zealand

Donald Major

United States

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  • Chiozya    Jun 11, 2021

    Dear lenders,

    Peter said that he will make a repayment towards his loan soon. Thank you.

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  • Chiozya    May 6, 2021

    Dear lenders,

    Peter plans to make a repayment towards his loan soon. Thank you.

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  • Peter    Apr 10, 2021

    Have been receiving massages that, i didn't paid my loan last week. Have always paid my loan without fail. There is also an increase in my loan, i received k3246 on 8th march but the system increased my loan.

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  • Peter    Mar 10, 2021

    Thanks to my lenders , i received the sum of k3249 now i can purchase fertilizer.

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  • Peter    Mar 2, 2021

    Thanks alot to my lenders for the loan. I will use this loan to buy fertilizer and pay off the worker at the farm.

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  • Erik G    Feb 26, 2021

    Hi Peter - thanks for the updates and for always striving to meet your commitment on repaying the loan. Happy to be support your new loan request as you continue to expand your business. Keep up your entrepreneurial spirit, seems to be working our for you! All the best with your continued success.. and keep up the updates! Erik

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    • Peter    Feb 27, 2021

      Thank you so much, I really appreciate your support.

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  • Peter    Feb 23, 2021

    Thanks to my lenders i successfully received the loan and i used it to expand my business

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  • Peter    Dec 7, 2020

    Thanks to my lenders, have received my loan

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  • Peter    Dec 2, 2020

    A big thank you to my lenders, you have given me another opportunity to expand my business

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  • Erik G    Nov 30, 2020

    Taken a big chunk of this loan Peter because I believe in you!

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  • Erik G    Nov 30, 2020

    Peter see you only have two days left on the loan.. I'm going to increase my loan a bit to help bridge the gap but I'm counting on you to pay it back!

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  • Erik G    Nov 23, 2020

    you are building confidence with your lenders Peter with good communication and on time repayments. You should become a mentor on Zidisha. The community needs leaders like you!

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  • Erik G    Nov 20, 2020

    Hi Peter - as I wrote before, thanks for paying on schedule, glad the loan helped. What is your new loan request for? Given you good track record happy to continue but good to know what you intend for this loan now you vehicle is repaired. Best, Erik

  • Peter    Nov 16, 2020

    Thanks to my lenders, i received my loan and i managed to repair my vehecle

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  • Erik G    Oct 13, 2020

    Hi Peter.. how are things? If your vehicle repaired now? Just want to say thank you for keeping to the repayment schedule, it will really help to continue to build confidence in you from your lenders. All the best, Erik

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  • Peter    Sep 5, 2020

    Thanks alot to my lenders, i really appreciate your commitment towards my business. I received the loan and am going to use it to pay the car mechanics who is repairing my vehicle.

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  • Peter    Sep 2, 2020

    Thanks alot to my lenders. This loan will help me repair my vehicle, long live Zidisha.

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  • Erik G    Sep 1, 2020

    Peter - happy close off and secure the funding requirement for your loan request. Sounds like you will put the loan to good use. All the best..

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  • Peter    Aug 22, 2020

    I really thank my lenders for the previous loan, it busted my business and am really grateful.

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