I want funds to increase stock and expand the business

Lovemore

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Lovemore

Member since

July 2017

On-time repayments

85 installments  •  26%

About Me

My name is Lovemove Mushaba the third born i family of five.I completed my school level and obtained good results waiting to go into University after raising enough funds help me pay for tuition.I grew up with my mother in the rural set up i country were life is not easy for one pull through.After my high school i went through a chain of hardships and eventually managed to raise money to the business of distribution of Pepsi soft and Coca cola drinks in our community.Hence after hearing of zidisha i got interested to apply for a small loan to boast my of distributing drinks.Our country is unique because its is peaceful and of rich in natural resources.In future i would like my children to find it easy in life and go school freely without lacking anything.This is the reason why i want to work extral hard to improve the well being of life and the family.

My Business

I Supply pepsi drinks which i order and distribute to shop owners in our community and at the market places.Our area since is the outskirt of town drinks are very scarce and the demand is very high because people find it difficult to walk long distances just to buy drinks.This business cost me now ZMK 3500.00 excluding transport.Transport cost me ZMK 600.00, Hence turn over is very good because am the only one that provide and distribute drinks trusted by the dealer of the product.However for the second loan i want to expand the shop for stock stocking other products which will increase my turn over and grow the my business this summer season when these goods very fast .

Loan Proposal

I needed atleast ZMK 1500 which is approximately USD 120 to help Increase stocks of Pepsi drinks and i also want begin stock coca-cola products to satisfy the market and consumers of these product.Hence this create more benefits meaning turn over will be more.At moment i have a small container for stocking these products,once i generate some revenue i want to purhase bigger container to accommodate more stocks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.00

Date disbursed

Aug 14, 2017

Repayment status

On Time

Projected term

19 months

Lenders

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Melissa K

Portland, Oregon, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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  • Eneya    Jan 1, 2018

    Dear lenders, i just want to inform you that Lovemore Mushaba has repaid the all the arrears, kindly check the following details.
    Date repaid:31/12/2017
    Amount repaid:ZMK 150.00
    MTN phone no.0962130569
    Transaction I.D:300184771

    Kind regards, Eneya Nalungwe

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  • Lovemore    Dec 31, 2017

    Compliments of the season my dear lenders, this festive season my business is doing so well,sales of soft drinks have increased.

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  • Lovemore    Nov 29, 2017

    Dear lender i just to inform that business is doing well, am very thankful to you all, the loan i received has help me and my family.I have also managed to pay school fees for my young brothers and since i did not have good furniture, today because of the loan from zidisha and support from you my lenders,my life style is changing.Am very much appreciative to you my lenders may God bless you.

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  • Lovemore    Nov 8, 2017

    I did buy the cooler refrigeration for pepsi drinks and my customers are now drinking chilled drinks than before, i both sale on retail and distribute on wholesale price, there has been great difference from the time i started, i use to make ZMK 2500 but the earnings have increased to ZMK 6500 representing 100% increase in profit earnings in both retail and wholesales, this summer most customers have really consumed a lot of soft drinks .Hence this has helped my family to become financially independent, come December we are planning to go to Mfuwe National Park for a holiday and Z idisha has made possible.On behalf of my family and my self we are very greatful to our Lenders and the entire zidisha team for great work you are doing.May God bless you all.

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  • Lovemore    Nov 2, 2017

    Dear lenders after i bought the fridge coolers for the drinks i also increased stocks and the sale are doing very well.However, i any time soon stock will ran out and i will need to restock.Am very thankful to you may the good lord bless you.

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  • Lovemore    Nov 2, 2017

    Dear my good lenders am very thankful, i did receive ZMK 2465 into my MTN account and i bought fridge coolers for the soft drink and the drinks are moving very fast am enjoinying good sales this period here, i would to take this opportunity to thank you for supporting me and my business, Am working very hard and i need more stock later this month after repaying this loan so that i get more funds to prepare for the forth festive season.

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  • Lovemore    Oct 9, 2017

    Dear my renders am very thanful for the support you have given me since i was invited and joined zidisha.Zidisha has empowered me strongly and my business is growing steadily.Indeed i am humbled at this good gesture, without your wonderful support for me today, my business was not going to grow the way it is today.Am looking forward this summer to sale more soft drinks should i buy the fridges for cooling them.Thanking you once again in advance.

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  • Lovemore    Oct 5, 2017

    My my renders i have my invitees Mercy and Mike have i contacted them and they all repayed of their past due installment it is just awaiting to be credited on their zidisha accounts respectively

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  • Lovemore    Oct 5, 2017

    Mercy Kayuni has repayment her past due installment , i have spoken to her and she also sent me prove of her repayments details.Her mtn mobile account no. 0964951558 and repayment transaction I.D is 215574461, She delayed to repay due lack electronic money in area where she had gone to conduct her business.

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  • Lovemore    Oct 5, 2017

    I have spoken to Mike he has already repayment, he just delayed due to lack of electronic float were he had gone.He has sent the repayment transaction ID no. 232050710 and his MTN mobile no is 0964951904

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  • Lovemore    Oct 2, 2017

    The previous loan did me wonders and i earned good turn over, the business growing steadily.Hence i thank my renders for empowering all alone i was going to manage to grow the business, Through your great my business is changing, my lifestyle and family .Our status as a family has changed through empowerment from zidisha loan investing for future and indeed it is investing for the future.Thanking in advance my renders as am applying for the second loan

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  • Lovemore    Oct 2, 2017

    I thank you and appreciate you my renders, my business is doing well and growing steadily, i thank you for supporting me.The loan has has done me great wonders and this has made repay my loan in good time so that i can apply for another.The profits have made have helped me buy a family plot so we can start building or constructing the house.Zidisha has really empowered me economically .

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  • Lovemore    Aug 31, 2017

    I ordered new stock of pepsi drinks and also cocacola drinks for distrinbution in community.After ordering i have observed that sales are doing fine because i reinvested more into the business, daily sales i make ZMK 200 and weekly i net ZMK 1200 in total.Previously was just netting ZMK 400, now getting the new loan i increased stock and am making more.My family and i ar very happy because of zidisha empowement , my business is now growing steadily.I thank you all renders once again.

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  • Lovemore    Aug 22, 2017

    I have received ZMK 788 on my MTN today 14th August and i will a good of soft drinks both Peps drink e.g 20 crates and coca-cola drinks 10 and 5 crates of diluted drink which will cost me approximately ZMK 900 and in return if i sold all of them i will net let say ZMK 1600 of whick ZMK 600 will be the profit margin, which is a boost to my business.I therefore really apprecaite my lenders for support and i wish them suceess and God's blessings.

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  • Lovemore    Aug 14, 2017

    I have received ZMK 788 on my MTN today 14th August and i will a good of soft drinks both Peps drink e.g 20 crates and coca-cola drinks 10 and 5 crates of diluted drink which will cost me approximately ZMK 900 and in return if i sold all of them i will net let say ZMK 1600 of whick ZMK 600 will be the profit margin, which is a boost to my business.I therefore really apprecaite my lenders for support and i wish them suceess and God's blessings.

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  • Lovemore    Aug 13, 2017

    I thank and appreciates my renders for their awaresome support and really treasure it.May the good lord continue blessing and protecting you for the good work you are doing in Africa and in particular my country Zambia.

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  • Lovemore    Aug 13, 2017

    I will order more crates of soft drinks and this will help me distribute even to retailers and generate more revenue to my business expansion.

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  • Lovemore    Jul 24, 2017

    I managed to order more stock and sold too many crates at once, so i want to keep on ordering and sale.

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