I need to increase stock in the shop

Steven

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $9 goal

0

days left

Entrepreneur

Name

Steven

Member since

January 2020

On-time repayments

2 installments  •  0%

About Me

My name is Steven Sikazwe i was born on 21st November, 1986 in the family 6 being 2 boys and 24girls.Am the third born and i went to school but never completed due to family financial challenges as father had lost a job due to loss of his employment that took place in the country.However i just decided to engage myself in business.A friend of mine connected me to begin business, i started first the business of selling charcoal and coming to sale to brewery companies after raising money in this business diverted and buying car spare parts and selling them on wholesale price to the local people and the indians. Zambia is a good country which peaceful and has no record of civil wars since in independence.

My Business

I ran a grocery and i sale essential commodities such as rice, cooking oil, mealie meal, soft drinks, washing soaps, cosmetics, bathing soaps and chickens products.The goods are useful because they are the basic needs and i make or sale them fast at a good profit.My investment typical cost is K 45,000 and i make the revenue of K 15000.I choose this this business it provides profits daily as i sale the goods nearly every day,the profits generated are used to buy good out of stock, home improvements, pay shop rentals and pay the shop keeper wages.

Loan Proposal

I need the loan to seriously increase stock of goods in the shop.There is need for to orders more suga, cooking oil and detergent soaps to have be stocked up so that customers can buy.I need K 10, 000 to buy all the out of stock goods.Thank you renders for your support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Jan 13, 2020

Repayment status

Late

Projected term

2 weeks

Lenders

GR

Gabe Radovsky

United States

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