Inventory of wraps
Doreen
Lusaka, Zambia
$0 to go
100% funded of $210 goal
0
days left
Entrepreneur
Name
Doreen
Member since
January 2021
On-time repayments
26 installments • 38%
About Me
My names are Doreen Sitali, a widow and a proud mother of 5 children but with only 2 surviving children. Am a breed winner in the family and that helps me to work hard even more so that i can feed and take my grand children to school , the children left by my 3 children who have passed.
I came to start my own business after loosing my husband who was a sole provider so that my children can go to school through the help of other women in the community who showed me on how i can run a bossiness. I enjoy gardening in my free time.
My Business
I own a shop at the market where i sell chitenge wrappers and farming tools. am also a poultry farmer. i keep chickens and pigs for business. i choose this kind of business because i know that it is a source of nutrition for people in my community, and also most women need wrapper to wear .I also own about 5 flats that i rent out to the people in my community.
The cost i incurs usually is buying feed for the chickens and pigs. i also want to renovate the poultry so that i put up a bigger on to accommodate about 1000 birds.
i use the profits to run the home and take my grandchildren to school and also reinvest in the business.
also i want to restock my shop
Loan Proposal
with this loan am applying, i want to purchase inventory for my wrapper shop and head wraps. i want to restock it so that i can increase sales as people turn to buy more when the shop is well stocked and when whatever the customer is looking for can be found. in this way even the profit margin is increased by increasing the sales turn over.
Income Source
when i restock the shop with at the necessary things that people need, i will be able to increase on sales revenue and profit as the sales turn over will also be increased. and in case where business does not go well, the money that will be collected from rentals can caution me to pay back the loan.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$210.00
Date disbursed
Jun 2, 2021
Repayment status
Late
Projected term
2 months
Other loans
Lenders
CORVALLIS, United States
Finland
United States
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Bryce Schubert May 25, 2021
Christine E Graham Jan 29, 2021
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