Stock for my grocery shop

Samuel Mwale

Ndola, Zambia

100% repaid



Samuel Mwale

Member since

October 2016

On-time repayments

76 installments  •  86%

About Me

I’m Samuel Mwale from Ndola, Zambia. I was born on 10th October,1987 . I did my schooling in Ndola Copperbelt at Kansenshi High School. Am currently pursuing further studies in Power Electrical and engineering.
I’m a passionate, optimistic . My optimistic and planned approach in things I do is what driving me towards my success.
As how I strive for perfection in things, I expect the same from others as well. If things go out of control or go way out of track,
am a very dedicated man who is very serious with whatever i deal with so that i can excel in life in future

My Business

My business is into supplying of food stuffs on retail basis
i supply things like food materials and cosmetics. My source of income is not only dependent on this business but on other things which i do(work)
I use the profits on tuition fees and also improving and expanding my business i,e buying new items. the goods i supply are macoron, conflakes, salad, sugar, milk, potatoes, etc.
the approximate amount of money generated from my is (K4,000) per month and the profits are spent on buying new things. I also do some piece of work in power electrical and engineering which is another source of income.

Loan Proposal

I want to add to my capital so that I can be able to buy and order more goods for my shop,right now I have a financial challenge and am unable to grow my business.With this loan my business will expand and be able to add different types of goods to the ones right now in stock.

Income Source

I do other jobs as well which can support me repay the loan incase my business was forced to shut down in the coming days. I can use some of my monthly earns to repay from the job I do.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Apr 6, 2020

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $10.53

Credit risk payment: $16.92



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