Expanding grocery stock & opening a bar to sell alcoholic drinks

Philip Nthani

Lusaka, Zambia

100% repaid



Philip Nthani

Member since

September 2020

On-time repayments

18 installments  •  67%

About Me

Am Philip from Lusaka, although i have lived in Choma, Chingola, Kitwe & Kapiri before. I have been unlucky finding work/ employment in that i mostly just work for a year or 2. Until i started my own business back in Choma & moved it into Lusaka where i am now.
I understand i can only progress if i take risks, hence i need to increase my business by 110%.
Currently my business has been steadily growing because of the loans i have been getting from ZIDISHA, am a living testimony of how ZIDISHA is slowly changing my business.

My Business

My business is mostly trading, i sale groceries & am hoping to open a Bar if i can raise enough capital.

Loan Proposal

I plan to use this loan to grow my capital, hence buy more new stock & allow me to open a better bigger business that i have been planning of running a big bar.

Income Source

May current business has not been affected much by the current activities, still i plan to reduce all unnesseray expenses & reduce some of my other expenses. Plus more cash injections simply means i can buy more inventory hence increased sales which lead to increased profits





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Oct 1, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $3.14

Credit risk payment: $1.54


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