Entrepreneur
Name
Lillian
Member since
December 2017
On-time repayments
16 installments • 88%
About Me
IM LILLIAN CHIKOTI, I DID MY PRIMARY AND SECONDARY SCHOOL ON THE COPPERBELT. I DID MY AGRICULTURE COURSE HERE IN LUSAKA. THEN I DID MY SOCIAL WORK AT THE UNIVERSITY OF ZAMBIA. I AM CURRENTLY RUNNING A PROJECT FOR ORPHANS AND VULNERABLE CHILDREN. I AM A MOTHER OF TWO AND SIX GRAND CHILDREN. I AM A WIDOW AND I JUST SET UP A SMALL BUSINESS TO SUSTAIN ME AND MY FAMILY. I NEEDED MORE CAPITAL TO HELP IN THE GROWTH OF THE BUSINESS. I LOVE TO GO OUT IN MY COMMUNITY AND IDENTIFY WAYS IN WHICH I CAN ASSIST THE VULNERABLE PEOPLE AND CHILDREN.
My Business
MY SOURCE OF INCOME IS MAINLY FROM THE SMALL BUSINESS THAT I AM RUNNING. I AM TRADING IN DIFFERENT TYPES OF GOODS AND SERVICES. I SELL GROCERIES, FOOD STUFF AND BEAUTY PRODUCTS. I IDENTIFIED THAT PEOPLE IN MY AREA HAD TO TRAVEL FAR TO OBTAIN THESE GOODS AND SERVICES. I USUALLY HAVE TO PAY RENTALS FOR THE PLACE I AM USING FOR TRADING AS I HAVE NOT BOUGHT MY OWN YET. THE PROFITS I GET ARE USED FOR SCHOOL FEES AND UPKEEP AT HOME. ANY EXTRA GOES TO HELP THE VULNERABLE AND INVESTMENTS.
Loan Proposal
WITH THIS LOAN I WILL BUY STOCK TO RESTOCK MY SHOP. THIS WILL COST ME ABOUT $500. FOODSTUFF WILL COST $250, GROCERIES WILL COST $100 AND BEAUTY PRODUCTS WILL COST $150. THIS WILL HELP ME A LOT AS MY PROFITABILITY WILL ALSO INCREASE. ACCORDING TO MY PROJECTION IT MAY INCREASE TO ALMOST 30%. THIS WILL HELP IN THE UPKEEP OF MY FAMILY AND THE VULNERABLE CHILDREN AND ORPHANS.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$14.00
Date disbursed
Dec 28, 2017
Repayment status
On Time
Projected term
2 weeks
Other loans
Lenders
United States
Ask Lillian a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Peter Waldie Mar 13, 2018
Loading...