Grocery shop

John

Katuba, Zambia

14% repaid

Entrepreneur

Name

John

Member since

January 2018

On-time repayments

90 installments  •  11%

About Me

John miti is my name, I am a last born in a family of 9 and completed my secondary education in 2009 at moomba high school.
I overcame my hardship when my job as a contractor employee was terminated at the farm was working. I never had any other means or ways to earn my living,I had no money to pay rent for the house and food on the table that is how I came up with an idea of starting a business and I started with a very little capital.
I started my business when my job got terminated and one thing about my culture is that the population is good for business and the land is a farming area I want also tree planting business. playing football and reading books are my hobbies

My Business

I sell general grocery goods. They are on high demand because they are daily needs and people buy them everyday. I choose this kind of business because its demand on the market. I use the profit to buy food and also pay house rent.

Loan Proposal

I want to buy stocks for my grocery shop, I will buy soaps, cooking oil, salt,food staffs and other needs which will cost about 2500 kwacha and after selling will make a profit of 600 kwacha. This will give me an advantage to my other competitors because of the increase my stock in the shop

Feedback

1

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  • Liz    Feb 27, 2019

    Thanks for your timely repayments John. Good luck with your business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Jun 24, 2019

Repayment status

Late

Projected term

7 months

Lenders

Paul Buchheit

Mountain View, United States

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