Joyce
Imwiko Stage 1, Zambia
7% repaid
Name
Joyce
Member since
October 2016
On-time repayments
167 installments • 3%
JOYCE NYAMBE ARE MY NAMES I WAS BORN IN KALABO VILLAGE IN MONGU DISTRICT I WAS IN THE YEAR OF 28/02/1982. AM A ZIMBIAN WOMAN BORN IN THE FAMILY OF FOUR (4).
I OVERCAME HARDSHIP THROUGH MY WORKING HARD AND ALSO BY COPARATING TO MY BUSINESS PATNER. I CAME UP WITH THIS TYPE OF BUSINESS BECAUSE OF THE KNOWLEDGE AND THE EXPERIENCE I HAVE TO IT AND ALSO THE DIMAND IN OF THESE GOODS IN THE AREA.
I HAVE THREE CHILDREN THEY ARE ALL SCHOOLING THEY HAVE DIFFERENT NUMBERS OF CAREES THEY DO TELL ME THAT THEY WANT YO BECOME NURSES TEACHERS AND LAWYERS.
I PROVIDE(FOOD) NSHIMA, CAPENTA ,BEEF, SAUSAGE, CHICKEN ,DRY FISH AND VEGETABLES. ACCODING TO WERE WE LIVE THIS THINGS ARE VERY ON DIMAND SUCH THAT SOMETIMES I RUN OUT OF IT.THIS IS BECAUSE NO ONE HAS A RESTAURANT NEAR BY SO ITS ONLY ME WHO FEED PEOPLE IN THE AREA.
I CHOOSED THIS BUSINESS BECAUSE OF THE DIMAND IN THE AREA AND ALSO THE EXPERIENCE I HAVE TO IT. MY RESTAURANT BEING FAR AWAY FROM THE THE MAIN MARKET CENTER I FIND IF COST TO HIRE PEOPLE TO DREW WATER. I USE MY PROFIT TO BUY MORE ITEMS FOR MY BUSINESS AND ALSO PAYING SCHOOL FEES FOR MY CHILDREN.
I WILL BUY EGGS $40
BAGS OF MEAL $100
BEEF WORTHY$40
DRY FISH WORTHY$20 etc IN BULK.
THIS WILL CREAT A BIG BENEFIT TO BOTH ME AND THE PEOPLE NEAR BY THEY WILL BE ENOUGH FOOD IN MY RESTAURANT.
I EXPECT MORE PROFITE IF GIVEN THIS LOAN BECAUSE MORE PEOPLE/CUSTOMERS WILL COME.
THE PROFITE WILL BE USED TO FEED MY FAMILY REPAYING THE LOAN AND ALSO FOR REINVESTMENT IN MY BUSINESS.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$177.00
Date disbursed
Oct 22, 2016
Repayment status
Late
Projected term
38 months
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