Groceries and mobile phone accessories

Eston

Lusaka, Zambia

8% repaid

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How it Works

Entrepreneur

Name

Eston

Member since

April 2017

On-time repayments

88 installments • 32%

About Me

I started my business in my early age of 16 working on my own to raise funds to start up my own business which I first opened a simple shop and my plans for now is to change for a big business I decided to change my business, I think if I have enough finds to improve my business I will do better than am doing now,.

My Business

Describe your business or income source.
I find it difficult to get all my basic needs and wants with the level of my business because the funds are not enough to improve for a better, therefore I think I i have more money to boost my business I will be able to improve because the business am doing its on high demand of which with the little profit am getting am unable to satisfy a large number of my clients to purchase my good. the profit am getting it's reasonable to me which I think if I get loan it will lead me to another level. I do buy some office machine from abroad and supplies here in Zambia.
if I can have a $500 am sure my business will improve for a better.

Loan Proposal

like i said i have built a shop in my back yard and iam going to use this money to buy groceries and mobile phone accessories to stock up my shop. the groceries will cost me $500 and the accessories will cost me $250. this will increase my cashflow levels plus my profitability. my profits will increase by about 30%. with my profits i will be able take care of my family in terms of their daily needs including school fees. i will also start supporting a few kids within my community.