Derick
Mazabuka, Zambia
41% repaid
Name
Derick
Member since
October 2016
On-time repayments
35 installments • 17%
Am a male zambian citizen 40 years old i live in southern part of zambia born in the family of three(3)and am the last born.
I started my early education at st.mark's secondary school and i completed my form 5/grade 12 at the same school.
I overcame hardship through working hard and being focused.Just from school i started my own business following the challenges i had in my life and the family.
Here people are good they coparate and God fearing people.
My children had the better plans after school as they plan to study law and also to become doctors.
The hobbies i normaly have is when am off and also at church.
I provide boom paste,cooking oil,sugar,lotion,soap,bread,milk,soft drinks etc. These goods are useful because its food and every person need to eat everyday.
I choosed this type of the business because of the demand in the area and also because of the knowledge i have
The cost is on the long distance trade instead i hire people to take me for orders by taxi.
I use my profits in reinvestment and also to sponsor my children to school.
ONCE AM GIVEN THIS LOAN I WILL BUY THE FOLLOWING ITEMS FOR MY BUSINESS.
BOOM PASTE WORTHY $50
COOKING OIL $100
SUGAR WORTHY$110
SOTF DRINKS $40 etc.
THIS WILL CREATE A BIG BENEFIT TO ME TO THE PEOPLE AND TO THE COMMUNITY AT LARGE.
I EXPECT MY PROFIT TO INCREASE BU 100%THIS BECAUSE I WILL BE ABLE TO SUPPLY GOODS TO MY CUSTOMERS WITHOUT LESS OR SHORTEGE OF GOODS NEEDED BY MY CUSTOMERS
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$177.00
Date disbursed
Oct 18, 2016
Repayment status
Late
Projected term
8 months
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