Grocery business

Chama Lusaka

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Chama Lusaka

Location

Kitwe, Zambia

On-time repayments

14 weekly installments  •  57%

About Me

My name is Chama Lusaka and am a Zambian citizen aged 22 and was born in a town named Kitwe in the year 1998. I completed my secondary school education in 2017 and still waiting for financial aid to further my studies . Am born in a family of six and am the fourth born ,I have two brothers and three sisters and our parents are Still alive and health.Am married with one son who is now two years old and am currently doing a small scale business and looking forward to expand it in future.

My Business

I own a grocery shop in town empowered by my husband. I get my goods within the town and am looking forward to starting importing in bulk and be supplying in other shops as well..I have one sales girl helping me to run a business and at the end of the month hpay her a certain amount as salary.

Loan Proposal

When the funds are ready, funded and disbursed into my MTN account, I will invest into my shop. I will buy most needed items, making sure that it is available. When the shop have most needed good it makes the business to grow.

Income Source

I do understand, as the country at large we are facing economic challenges. Where most of business persons are facing economic challenges. As for me I have my business running,I will use it to pay back the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.65

Date disbursed

Jun 20, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: 5% of $15.65 = $1.08

Credit risk payment: $4.39

Lenders

GD

Gail Davis

London, United Kingdom

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