Groceries stock & saving up for a bar

Philip

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Philip

Member since

September 2020

On-time repayments

18 installments  •  67%

About Me

Am Philip from Lusaka, although i have lived in Choma, Chingola, Kitwe & Kapiri before. I have been unlucky finding work/ employment in that i mostly just work for a year or 2. Until i started my own business back in Choma & moved it into Lusaka where i am now.
I understand i can only progress if i take risks, hence i need to increase my business by 110%.
Currently my business has been steadily growing because of the loans i have been getting from ZIDISHA, am a living testimony of how ZIDISHA is slowly changing my business.

My Business

My business is mostly trading, i sale groceries & am hoping to open a Bar if i can raise enough capital.

Loan Proposal

I wish to replanish my stock that was used up during the festival period. During the period November to December I concentrated on items that have demand for the period. I am aslo still serving up on my plans to open a bar this year, God willing by March 2021 I should start preparing for the bar finally.

Income Source

As I carter for the middle to lower class members of my community, I have built a good reputation of supplying fresh reliable groceries. With my current upwards trend in business, am sure will not have a problem paying back the loan am requesting for.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$228.00

Date disbursed

Jan 18, 2021

Repayment status

On Time

Projected term

4 weeks

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • John    Apr 14, 2021

    I talked to Philip and he tald me that his business wasn't going fine therefore he is going to start repaying on Monday next week.

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  • Deborah    Mar 7, 2021

    I have spoken to Philip and he has promised to adjust and starting paying by thursday

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  • Philip    Feb 2, 2021

    I plan to use the loan to purchase more stock for my shop.
    Once again thank you very much for the loan.

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  • Philip    Feb 2, 2021

    I spent the last loan on buying new stock for my shop, as am trying to build it up strongly.
    Once again thank you very much for the loan

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  • Philip    Jan 17, 2021

    I plan to buy new stock for my business, once again thank you very much for the loan

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  • Philip    Jan 16, 2021

    I managed to buy the fireworks for New year's, even if the expedition fee ate into the money I needed, that was my only draw back, I used money from other sources to cover that part though.
    Once again I would like to thank you very much for the money as it's help alot. I only ask if the funding periods can be reduced in order for us to get the loans faster.
    Thank you once again

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  • Philip    Jan 10, 2021

    Good morning, I managed to buy the fireworks for New year's celebrations, although the money had been reduced due to the expedition fee, I got what I could.
    I sold out all stock even managed to buy more at the time.
    Thank you very much for the loans & hope my next application will be considered favorably & timely.

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  • Philip    Dec 28, 2020

    I received K2,428 & have already bought the fireworks I planned to buy, thank you very much for the money & I assure you will pay back on time every time.
    Thank you once more

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  • Philip    Dec 27, 2020

    I plan to buy stock of fireworks tomorrow morning so I can target new year's Eve. Once again thank you for this opportunity to progress my business

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  • Philip    Dec 26, 2020

    I used all of my last loan to buy fireworks for this festive season & that was not enough as i need more money. Never the less, the money helped me alot, as such i say thank you very much & please continue helping me in this line.

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  • Philip    Dec 19, 2020

    I bought a few stock items of fireworks as there is high demand for that right now & as am saying my stock has remained very little right now & in need for more.
    Once more thank you very much for the money.

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  • Philip    Dec 6, 2020

    I plan to add to my money to buy fireworks stock in preparation for New year's celebrations as people buy alot during this time.
    Once again thank you very much for the opportunity

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  • Philip    Nov 28, 2020

    I used the money to buy stock, specifically water for sale on retail price for my shop.
    Attached is photo of part of the stock i bought. Once more i thank you for the loan.

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  • Philip    Nov 26, 2020

    I received K246 which I used to pay for my electricity, water and garbage collection bills for my shop.
    I would love to thank you my lenders for this opportunity & will pay it back on time

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  • Philip    Nov 21, 2020

    The last loan come in handy in that I had a family emergency at the village & was forced to use the money there instead, hence paid it off a late. Otherwise it really helped me alot & now wish to continue with my plans

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  • Philip    Nov 2, 2020

    I am currently at the village as we had a family problem & will settle the full amount by end of next week

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  • Philip    Oct 7, 2020

    Am using this money to buy new items that I have never stocked in the shop before, it's given me a chance to increase items in the shop.
    Thanks very much for loan

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  • Philip    Oct 7, 2020

    I plan to buy some new stock for my shop, it will help me buy a different type of stock I need in my shop.
    Thanks for the loan very much

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  • Philip    Oct 6, 2020

    First i would love to thank my lenders for the opportunity rendered to me. I used the loan to help settle some outstanding bills for my shop, like Electricity and water bills.
    The remainder i reinvested it back to help grow my credit limit.

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  • Philip    Oct 5, 2020

    I received ZMW 454 & i used the money to help pay for my Electricity and water bills for my shop.
    I would you to thank you very very much for this opportunity.

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