Expanding my stock & start new business

Philip Nthani

Lusaka, Zambia

100% repaid

Entrepreneur

Name

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 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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$70.75

Date disbursed

Dec 6, 2020

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: $7.69

Credit risk payment: $7.69

Lenders

Karijn

Amsterdam, Netherlands

A

Anonymous

Netherlands

KM

Kirk Moore

Cerdanyola del Vallès, Spain

KP

kaye purity

United Kingdom

MJ

Munn janet

United Kingdom

R

Rakia

United Kingdom

R

Roxanne

United Kingdom

topee

United Kingdom

CP

crm professions

United Kingdom

Ask Philip a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...