Expanding my stock & start new business

Philip

Lusaka, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Philip

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 the money to buy stock as i have become very serious with growing my business. December is the busiest month & i plan to use the period to grow my business.

Income Source

As December is always the busiest month of the year, many people will need to buy my goods. Hence my sales will go up. Even if the economy is not good, basic groceries are still required by all house holds in my community.