Groceries

Lillian

Lusaka, Zambia

100% repaid

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

i need to restock my shop as the last stock i purchased is finished. the inventory will cost me about $500 which is k500 in our currency. i will groceries to resale for my shop. my profits will increase by 30%. the money zidisha will give me will be a top up to my already existing capital. i will use the profits to support the orphanage im running and my home.

Feedback

1

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None

  • Peter Waldie    Mar 13, 2018

    Lillian repaid her loan ahead of schedule. I will happily loan to Lillian's projects again.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$51.00

Date disbursed

May 5, 2018

Repayment status

On Time

Projected term

2 months

Lenders

MW

Matt Willis

United States

RC

Rudi Chen

United States

Paul Buchheit

Mountain View, United States

Michael Bauschke

Dresden, Germany

D

Dirk

Germany

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Summary

Amount repaid

$51.02

Amount remaining

$0.00

Date repaid

Jul 3, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 16, 2018 $6.16 May 28, 2018 $6.16
May 23, 2018 $6.16 May 28, 2018 $6.16
May 30, 2018 $6.16 May 28, 2018 $6.16
Jun 6, 2018 $6.16 Jun 12, 2018 $6.16
Jun 13, 2018 $6.16 Jun 12, 2018 $6.16
Jun 20, 2018 $6.16 Jul 3, 2018 $6.16
Jun 27, 2018 $6.16 Jul 3, 2018 $6.16
Jul 4, 2018 $6.16 Jul 3, 2018 $6.16
Jul 11, 2018 $1.75 Jul 3, 2018 $1.75

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