I need funds to buy 90kg 500 bags of maize

Mirriam

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Mirriam

Member since

November 2016

On-time repayments

157 installments  •  21%

About Me

My name is Mirriam Nachalwe, born in 1988, in Ndola District in a village called Musasa. I completed my high school at Ndola Masala High school. my village is like a farm business area where we used to sale fresh vegetables like cassava and maize by the road side, and i grew up with business mind. until i relocated to lusaka and thought of a business as i was waiting for sponsorship from my uncle.However i engage myself into maize distribution to millers because the maize business is now booming, hence i want to buy 90kg empty bags to go and order some maize in Mumbwa district of Zambia.Zambia as a nation is peace and rich in natural resources.I wish my children to become had working and reach the university of zambia and also go futher training abroad.

My Business

I had an idea of doing mobile phone business in lusaka, until i got the money that was supposed to be for my school and used it for the same business. so i am now doing fine, and i plan to go to school now after raising enough money from this business, and i want it to remain running so that before i can finally get a job after school, i can continue doing the same, in the mean time, my brother will be working to help me while i am at school. I am now looking for a loan so that i boost it and leave for school.Now i opted to divert my business in maize distribution to millers hence i need atleast ZMK 2500 to help me purchase 90kg empty bags of maize to and order 500 bags of maize which cost me ZMK 1500 and after distribution to millers i will be able to net or earn ZMK 6000.

Loan Proposal

I need USD 250 to help me purchase 90kg 500 bags of maize to distribute to already available market to miller.Hence i want to use the profits to also order groundnuts and soya beans.This will help to expand and sustain the business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$410.00

Date disbursed

Aug 15, 2017

Repayment status

On Time

Projected term

16 months

Lenders

J

JakeA

Wellington, New Zealand

M

Moonknight

Østre Gausdal, Norway

PG

Paul Graham

United States

BS

Brandon S

United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, 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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