Fridge for my grocery shop

Ganizani

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Ganizani

Member since

April 2021

On-time repayments

8 installments  •  63%

About Me

My name is Ganizani lungu. I am a father of 2 a girl and boy and also a husband to a beautiful wife. I’m an entrepreneur and businessman. I grew up in chipata eastern province of Zambia. I went to school there and later completed my secondary school in Lusaka at Matero boys. I am the second son in a family of 4. I have older brother and two younger sisters. I first heard about the Zidisha loans from friends at a meeting and how it helped them expand their business and advised me to try it out.

My Business

I own and run a grocery store in kanyama and I have hopes of turning it into a wholesale store for most of my customers and clients. I am interested and involved in a series of businesses at the moment so my loan requirements will differ from time to time but my primary goal is to set up a wholesale store that retailers can order products from. This is to be done due to the vision I have of expanding the business. Iam also involved in meat and agricultural products supply like maize and groundnuts. The main objective with these Zidisha loans is to help me expand my business and vision for my future and that of my family. I intend to use the loans to buy equipments and business products to help in the supply chain of demand to my loyal and trustworthy customers in my community and country of Zambia. Thank you in advance for this great opportunity Zidisha team and lenders.

Loan Proposal

Dear lenders and Zidisha team

I’d like to first and foremost thank you for your continued support you’ve been giving me and my fellow borrowers. I must add that the loans I’ve been getting from your organization have proven to be of great help. A help that couldn’t have come at a better stage. The loans I’ve been getting have helped me in serving my customers with everything that they need, from bar soap to toothpaste and now currently fresh meat products.

Back to my loan application, I’m applying for this amount of money because it’ll help me in buying a new refrigerator for my shop. My shop has one cold drink upright fridge and one small freezer for my meat products. This loan will help me have access to buying a second hand fridge to store and stock more meat to resell now that I have an electronic inverter. I will use this fridge to store different types of meat ranging from chicken to pork and beef in larger quantities which I will later resale at wholesale and retail prices. This loan will be of great importance to not only me but people of kanyama which is my community who rely on my supply of cheap foods to sustain their own families.

I believe my lenders will find this worthy of their support and I look forward to working with all of you. Thank you in advance.

Income Source

Since the shop is already running with the the current inverter and some of the meat and bar soaps plus other groceries. I now have more products to sale and raise capital from that. The sales and profits made from these products will be used to cover for the loan costs and repayment on time. With my current 100% credit installment records I hope my lenders will find me able and ready to work with as I do not take this support fore granted. Thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$41.00

Date disbursed

Apr 29, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

A

Anonymous

United States

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