Expanding my stock & start new business

Philip Nthani

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $307 goal

0

days left

Entrepreneur

Name

Philip Nthani

Location

Lusaka, Zambia

On-time repayments

14 weekly installments  •  57%

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 buy more new stock for my shop. The plan is to use the stock to grow my capital for my long planned bar. As bars are not allowed to operate fully, am waiting for them to be allowed to operate fully before opening it. So mean time I will just grow my capital with the help of this loan.

Income Source

My business has not been affected much by the current economic climate, as such, am sure will not have a problem with repaying this loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$307.98

Date disbursed

Feb 3, 2021

Repayment status

Late

Projected term

4 weeks

Cost to entrepreneur

Service fee: $20.48

Credit risk payment: $53.37

Optional expediting fee: $41.03

Lenders

investor

Candiac, Canada

AltruisticSelfishnes

Chicago, United States

lietu

Tallinn, Estonia

F

Forba

Mo i Rana, Norway

F

FHult

Stockholm, Sweden

T

Tallago3

Munich, Germany

G

glomardor

Leonardtown, United States

J

jzidi

Los Angeles, United States

P

Peksa

Espoo, Finland

fairspirit

Utrecht, Netherlands

JTShorty

Gorham, Maine, United States

numbat

Perth, Australia

A

AndrewC

London, United Kingdom

ibc123

Seattle, United States

mikeice

Kohler, United States

sderickson

Berkeley, CA, United States

mepster

San Francisco, Ca, United States

Grant Xavier Storer

Seattle, Wa, United States

Mike and Jacqui

United Kingdom

S

Sven

Netherlands

MW

Matt Willis

United States

moursund

Beaver Nation, United States

I

Ian

United Kingdom

Isabella

UK, United Kingdom

AH

ajay hampapur

United States

SH

Steven Huntington

London, United Kingdom

GF

Gammon Family

United States

AN

Alex N

Australia

Babbitt Family Foundation

Sioux Falls, SD, United States

A

Anonymous

United States

Brian Herrmann

Chicago, United States

RA

Ray and Abram

Melbourne, Australia

AS

andrea skeen

Aptos, United States

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