Help me grow my grocery business

Richard Siafwa

Simunchembu, Zambia

100% repaid



Richard Siafwa

Member since

October 2015

On-time repayments

165 installments  •  81%

About Me

I am Richard Siafwa. I am 52 years old. I have eight children. One has finished school but is lacking sponsorship. The other seven have not finished; they are just at home. Five are married. The other three are not yet married. One of these has finished school, and the other is in grade seven. I'm running a shop, but I would like to improve orders of my shop so that I can earn a better livelihood.
I was working for Zambia Railways in 2000, then with the money I got, I decided to start a shop because the wages were too low. I started the shop in 2003, and the shop is currently is open on daily basis. However, I am incapable to sell some products in the shop because I have lack of funds.

My Business

I sell drinks, cooking oil, salt, biscuits, soap, fabric, and other groceries. People use these things on a daily basis. I chose to have a shop because it is the fastest way to make money.
In a week, I may spend 1,000 kwacha. Once I sell those things, I will make about 200 extra.
I spend money on sending my children to school, farming, and buying more groceries to sell.

Loan Proposal

when i get the loan i will use the money to buy more stock for my shop.I will use $150 to buy a 100kg bag of rice.from this i will make a profit of $100.Then i will use $100 to order order 10*20 litres of paint.i sell a 20 litre of paint at $25 so il make $250 dollars.The rest of the money i will buy groceries for my shop





  • Margaret    Dec 29, 2018

    The loan was paid back in a timely manner!

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  • Mary    Oct 12, 2017

    Richard is an excellent borrower. I would recommend loaning to him for any future loans.

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  • Margaret    Oct 12, 2017

    Richard paid off his loan perfectly, I would gladly lend to him again and encourage others to do the same.

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Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Oct 20, 2017

Repayment status

On Time

Projected term

10 months

Cost to entrepreneur

Service fee: $19.28




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  • Kingford Kesheni    Jul 31, 2019

    I spoke to Richard Siafwa, he is likely to make the payment soon as he is hoping for the sales to pick up now.

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  • Richard Siafwa    Feb 22, 2019

    Sale revenue has gone down at the moment am unable to raise the weekly installment as indicate to be repaying every week hence i need to adjust so that i do not miss out on my weekly installment avoid being late in making my repayment but should my sale revenue go up i will be able to increase on my weekly repayments.

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  • Richard Siafwa    Jan 10, 2019

    I will pay tuition fees for my son at the University of Zambia is doing is third year in 2019,
    I also need to buy building materials such as building blocks, cement, building sandy, the reason is to extend the retail shop because of increased stocks which i want to add in my shop this year to expand the business and earn more profits.Once i extend the retail shop due to high demand and the new products will i want add in the shop, will help to maximize in profits and also grow the business in our community.

    Therefore am very very thankful to you all my lenders, your support has really made my business to be stable and grow steadily.Above all am even able to send two children to school, one at the University of Zambia and the other at College through Zidisha financial empowerment.What words can i say to you my lenders, am speechless, may God almight the author of life richly bless you and give you more years to live.

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  • Richard Siafwa    Jan 9, 2019

    Dear all my lenders and the zidisha team, am happy for your support and am very thankful to you all, your contribution will go along way in business and my University Education.The loan i have applied for is alomost fully repaid.

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  • Sabrina Marie Romulo    Jan 7, 2019

    Best of luck with university!!

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  • Richard Siafwa    Jan 2, 2019

    Dear Zidisha team and lenders, commpliments of the season to you all.Zidisha Loans have made my business to expand and improve the standard of living and also pay school for son who is at the University of Zambia.Zidisha is like a mother to me that make sure i sack milk to have a good health,may God bless the Director Julia, the lenders, the zidisha team and the entire Zidisha Communtiy.

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  • Kingford Kesheni    Nov 26, 2018

    Dear Lenders,
    Yes,I spoke to him and he is organizing to make repayment soon.
    My regards,

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  • Richard Siafwa    Oct 2, 2018

    Sale have gone and am not selling accordingly and hence i have decided to reduce so that i dont miss on my weekly repayment subsequently not to be in late repayment, but once my business in next 4 installments i will increase so that i can finish fast.

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  • Mary    Jul 27, 2018

    I am happy your loan was fully funded Richard!

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  • Richard Siafwa    Jul 20, 2018

    Thank you my dear lenders for supporting my business and my family, the zidisha loan has really helped me a lot, have able to pay school fees for my children and improve my business.

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  • Mary    Dec 13, 2017

    Hi Richard. We are wishing you and your family a festive holiday season!! Regards, Mary

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  • Richard Siafwa    Oct 20, 2017

    thank you so very business will surely grow.God bless

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  • Margaret    Oct 14, 2017

    Good luck Richard with your new loan.

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  • Richard Siafwa    Oct 13, 2017

    the results of my previous loan are that my business has greatly improved.Im selling a wider variety of groceries and other staff as well like paints and bicycle spare parts.My earnings have increased by 100% and iv been able to pay for my childrens school fees without many looking forward to growing my business further with the next loan im requesting for.

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  • Richard Siafwa    Sep 27, 2017

    hello lenders.I hope you are all well.I noticed that on my repayment schedule its showing that i paid ZMW 13 ON 22/09/17 when i paid ZMW 113.Kindly assist.

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  • Mary    Apr 14, 2017

    I hope you and your family are doing well Richard. Have a blessed Easter week, Mary

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  • Mary    Feb 23, 2017

    Hi Richard, Thank you for making your payments on time. How is your store doing? I hope your business was able to expand your stock with your Zidisha loan. Regards, Mary

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  • Richard Siafwa    Feb 10, 2017

    i very happy and so thankful i received the loan.

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  • Margaret    Jan 22, 2017

    Hi Richard,
    I hope the loan from Zidisha helps you to grow your business. Best of luck to you. Regards, Margaret

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  • Richard Siafwa    Jan 16, 2017

    im so happy that iv been funded once again.thank you so much

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