Loan for transportation of 200 bags of maize from Mumbwa to Lusaka

Reuben

Lusaka, Zambia

19% repaid

Entrepreneur

Name

Reuben

Member since

October 2016

On-time repayments

128 installments  •  32%

About Me

I am Reuben Muleka aged 34, born in Lusaka and i am married with 2 children. I completed my grade 12 level in 2002, at Mpongwe High School Board. Just after school i was employed by Mpongwe Development company currently known as ETC Bio Energy Limited as a store/Receiving Clerk and worked for 3years. and again i moved and joined VS Cargo Limited in Ndola (Copperbelt) as accounts Assistant and worked for 5 years. and then i left to help my parents at their farm since i am the first born and they are aging. I still manage their small scale farming business so as to sustain their living. My both parents are a bit active , and they too help during harvest and i have to always go for markets. I have a lot to do especially that my two sons are already in school and being in a family of 7, and all my siblings look up to me for everything. Thats why i also opened up an MTN mobile Money Kiosk so that i can work for their school fees as our farming business cannot manage.

My Business

I am now dealing with maize to keep and then i will resale them when the market is better, I have rented a ware house for storing the bags of maize, and i want to keep about 500 bags. I will manage to repay my Loan using MTN Kiosks. I intend to resale them after 6 months from now. And this what i shall be doing every season.Thats why i am so happy to be a memebr of the wining family (Zidisha). as my source for income for bigger projects.

Loan Proposal

I have managed to organise bags of Maize and got them dried up, and i just need transport from Mumbwa district to Lusaka where i have rented a ware house and the transport cost is exactly ZMW5,000 ($535.90) and the balance will be used for loaders. I am very greatful to you my Lenders for making me grow in business like this.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$574.00

Date disbursed

May 21, 2017

Repayment status

Late

Projected term

23 months

Lenders

PG

Paul Graham

United States

John Minges

United States

C

Carlene

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

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