Increasing working capital in vegetable business-2

Pharen

Copperbelt-luanshya, Zambia

100% repaid

Entrepreneur

Name

Pharen

Member since

June 2018

On-time repayments

5 installments  •  40%

About Me

I'm so grateful to the lenders for this wonderful Zidisha program,my names are Pharen Chabala and my parent came from Samfya District,Luapula Province,which is northern part of Zambia.
I was born on March 03,1994 in Samfya District from the family seven children ,3 are boys and the rest of us are girls.I'm the 3rd born in this family of seven children but I left my parents so early and went to Copperbelt in Ndola where I started living with my elder sister and her husband,the ideas was for me to start school at primary education level,which I did at Masala Primary School in 2004 but I did not go further enough as support was not all that good.

My Business

My buiness its all about selling cereals such as beans,groundnuts and vegetables in the community as the way of meeting ends meat for my living as well as be able to support my family with the needs,I have 3 children who are in school,so through my little business I normally although with difficulties to pay for their school fees through doing this business.I would like to get that Zidisha lan so that,I can double the number of orders that I make within a week so that my profit imagin can be increase as this will be helping me to repay my Zidisha lan on time.

Loan Proposal

With the Zidisha loan funds,my plans for it is to add up on the working capital that,I have already managed to raise from the same business that I do.I have good customers for around the community who supports me with my business. I normally make good profit as we are going towards the month end. Normally people buy in bulk to last them for many days.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

Oct 6, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

ads68

Melbourne, Australia

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