Help me grow my grocery store business

Susan

Choma, Zambia

100% repaid

Entrepreneur

Name

Susan

Member since

October 2016

On-time repayments

115 installments  •  68%

About Me

my name is susan hankope.iam 51 years old.i was born in choma.i was born in a family of nine and im the sixth born.iam married and i have six children.my husband is a bricklayerer.i got married in 1988.iam a business woman.i have a small shop right in front of my house where i sell groceries.this has helped me and my husband to take care of our family.i went to school at mmabo primary school and i went to jembo secondary school.Last year i took a loan from zidisha to boost up my business and it has really helped me.my customers are so happy for me.so far i have got three loans from zidisha. This is my fourth loan application

My Business

i have small shop in front of my house where i sell groceries.i have had the shop for years.the items i sell in my shop are bread,milk,sugar,soap,lotions,biscuits and juice.i order these items in wholesale shops in town.sugar i order at $24 a case of 20 packets and i sell at $260 a case of 24 packets.bread i order a loaf at 7cents a loaf and i sell at $1 a loaf.milk i order at $6 a case then i sell at $8 a case.these items are marketable bacause my area is a bit far from town so people come to my shop alot.So far my shop has improved a lot since my last loan taken from zidisha.im very grateful because this business is helping me take care of my family.i have expanded my shop and i still want to expand it.am still applying for another loan because im interested in growing my business.With the profits i made from my last loan i was even able to help fund my daughters wedding.My husband and i have embarked on a building project.We are building a small house behind our main house to put up for rent.

Loan Proposal

when i get the loan i will use the money to buy a deep freezer which will cost me $260. i need the freezer to be puting drinks as well as fresh foods like meat,fish,chicken ans sausages.i sell these things in my shop and the small fridge i have is not enough.Then i will use $80 to buy grocery for my shop.the freezer will really boost my business especially now that it is hot and my customers will be able to buy cold drinks and relish as well.i expect my profits to increase because of the freezer il buy.

Feedback

5

None

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  • David    Apr 28, 2019

    Loan was originally scheduled to take two months. Regular payments were received early in the loan, with a single large payment finishing the loan after five months.

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  • Mary    Apr 24, 2019

    Hello Susan, thank you for repaying your loan. It was a pleasure to support your business again and I wish you continued success.

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  • Margaret    Nov 6, 2018

    The loan was paid off in a timely manner Thank you!

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  • Margaret    Oct 12, 2017

    Susan paid her loan off perfectly, I would gladly lend to her again and encourage others to do the same.

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  • Margaret    Mar 12, 2017

    Susan paid her loan back perfectly and was a pleasure to work with. I would gladly lend to her again and encourage others to do the same.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$401.00

Date disbursed

Oct 11, 2017

Repayment status

On Time

Projected term

8 months

Lenders

SMOICE

Berlin, Germany

PG

Paul Graham

United States

John Minges

United States

Craig Newmark

United States

R

RMIM

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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