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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None

  • Liz    Feb 27, 2019

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

    Log in to reply • Share


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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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Summary

Amount repaid

$2.04

Amount remaining

$12.61

Expected completion

Feb 21, 2020

Status

Repaying late

Installment amount

$0.43

Repayment History

Expected Payments Actual Payments
Jul 5, 2019 $0.00
Jul 12, 2019 $0.00
Jul 19, 2019 $0.00
Jul 26, 2019 $0.00
Aug 2, 2019 $0.00
Aug 9, 2019 $0.00
Aug 16, 2019 $0.34 Oct 17, 2019 $0.34
Aug 23, 2019 $0.00
Aug 30, 2019 $0.00
Sep 6, 2019 $0.00
Sep 13, 2019 $0.00
Sep 20, 2019 $0.00
Sep 27, 2019 $0.00
Oct 4, 2019 $0.00
Oct 11, 2019 $0.00
Oct 18, 2019 $0.00
Oct 25, 2019 $0.00
Nov 1, 2019 $0.00
Nov 8, 2019 $0.43 Jan 2, 2020 $0.43
Nov 15, 2019 $0.43 Jan 2, 2020 $0.43
Nov 22, 2019 $0.43 Jan 2, 2020 $0.43
Nov 29, 2019 $0.43 Jan 2, 2020 $0.43
Dec 6, 2019 $0.00
Dec 13, 2019 $0.00
Dec 20, 2019 $0.00
Dec 27, 2019 $0.00
Jan 3, 2020 $0.43
Jan 10, 2020 $0.43
Jan 17, 2020 $0.43
Jan 24, 2020 $0.43
Jan 31, 2020 $0.43
Feb 7, 2020 $4.94
Feb 14, 2020 $4.94
Feb 21, 2020 $0.60

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