Grocery store

Ingrid Mumba

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Ingrid Mumba

Location

Lusaka, Zambia

On-time repayments

3 weekly installments  •  100%

About Me

My name is Ingrid Mumba. I am married with four children. I live in Lusaka's Garden Township. Garden Township is a bustling area full of energy and creativity. The majority of the residents are involved in various businesses, such as, food production, welding, brick making and engineering works.

I am an entrepreneur with a shop that is located next to my house.

My Business

I own a grocery store that is located next to my house. I sell various types of groceries, sugar, bread, salt etc. I sell these goods to the residents of Garden Township.

I am renovating my shop and I plan to add a hardware and a salon to cater to the needs of the residents of Garden Township.

Loan Proposal

I plan to use the loan to buy various types of goods for my grocery store. Some of the goods which I plan to buy include, sugar, salt, biscuits and cooking oil.

Income Source

I have placed hand sanitizers and soap outside my shop. When customers enter my shop, they have to mask up and wash their hands.

I strictly follow the guidelines of the Ministry of Health and the World Health Organization.

Feedback

None

None

None

Lenders

Paul Buchheit

Mountain View,  United States

Loan Info

Disbursed amount

$16.65

Date disbursed

Aug 24, 2020

Repayment status

On Time

Projected term

4 weeks

Cost of loan

Service fee: 10% of $16.65 = $1.41

Credit risk payment: $1.41

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