Grocery business loan

David

Kitwe, Zambia

100% repaid

Entrepreneur

Name

David

Member since

February 2021

On-time repayments

11 installments  •  45%

About Me

My name is David Kalenga and 26 years of age. Am entrepreneur I do business .I completed school and ventured into business. Am interested applying for the affordable loan with Zidisha because of economic changes I want my business improve and survive during this period.

My Business

I ran a small shop of my own and I sell different types of groceries. Mainly I sale home basis needs and the goods are in demand. Grocery business is very good because I sell every day and I make an income daily because I sell fast consumable goods which very fast. The profits I generate I have to restock good ran out of stock and Improve the living standard and save some money for future use.

Loan Proposal

Am requesting for this loan to buy or restock more goods in my grocery shop because there is more demand of house hold basis needs, it will create more revenue and increase in profit taking or savings .Daily sales will increase and my profit will grow from 650 ZMW to 1000 ZMW per week.

Income Source

My grocery business is affected and I must confess that there more business now because people are scared of moving in town due to corona virus now days, hence most of them prefer to buy locally in our community and the loan will repaid from daily sales .

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Feb 16, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

A

Andy

United States

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Summary

Amount repaid

$34.63

Amount remaining

$0.00

Date repaid

Mar 3, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 27, 2021 $17.32 Mar 1, 2021 $17.32
Mar 6, 2021 $17.32 Mar 3, 2021 $17.32

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