Help me increase grocery stock in my shop

Dickson

Chingola, Zambia

Funds disbursed

$0 to go

100% funded of $9 goal

0

days left

Entrepreneur

Name

Dickson

Member since

January 2020

On-time repayments

2 installments  •  0%

About Me

My name is Dickson Mvula am second born from the family of 4.The family is composed of 2 girls and 2 boys.I went to Chikola B. Basic School were i did Primary School.When i passed very well i selected at Chingola Secondary School were I completed my high at the same time i obtained the school certificate.When i completed i was motivated to venture into business by my mother who empowered me with capital and started a small business.The land and culture i live is full christian of values.I wish my children success as they pursue their careers in school. watching football more especially English league EPL and support Chelsea the blues.

My Business

I ran Grocery business i sale goods daily.These goods i sale to the people our the community and i sale on retail price.The goods are very useful because they are consumable on a daily bases in homes. The typical cost of this business is K 50,000 and i generate the profit of K 12000.00.However the profits i make i use them mainly pay for school fees as i have 6 children of which two are at the University of Zambia.The other children are still at their high school.I also use the profits for reinvestment and grow the business.

Loan Proposal

Am requesting for additional capital to boost my shop this January as i have paid most of the funds for school going children more especially my two children at the University of Zambia.I need at least K 20,000.00 to order more stocks in my shop and this help me boost the business and able to generate more profits and i will be looking at K 15,000 as profit.Thank my renders for helping me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Jan 8, 2020

Repayment status

Late

Projected term

2 weeks

Lenders

CJ

Chris Jones

Seattle, United States

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