Loan funds to increase mealie meal & stock of eggs

Avan

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $14 goal

0

days left

Entrepreneur

Name

Avan

Member since

July 2020

On-time repayments

1 installment  •  0%

About Me

My name is Avan Pepala,i completed my high school and at the moment am doing business to raise money to take me to college.I come from a humble family and am the from the family 6.A none governmental organization empowered the youth with money to start businesses and that is how i started my own business.I live in a peaceful country and plenty of natural resources.I want my children to become business and women after they graduate from their varies studies.During part time i travel to Livingstone city to view the Victoria Falls and the Victoria falls is one of the Best tourist attraction because of the smoke that thunders

My Business

My source of income is coming from the hardware shop which am running in our community, i sale building material such cement, wood plunks and sorted electrical material mainly for building.The goods are useful and customers buy frequently and that is how i generate my income.Therefore, i will be able to manage to repay the loan should this loan application becomes successful.

Loan Proposal

Due to the increasing demand of mealie meal and eggs at the outlet i need additional funds to increase the stock of both goods at need bu my customers to increase revenue and more profits.When am fully stocked up i will be expecting K 7000 to K 9000 per week.

Income Source

During this season my business has been booming and demand for the good is increasing daily and hence i will be able to repay my loan weekly.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Jul 20, 2020

Repayment status

Late

Projected term

1 week

Lenders

Paul Smithson

Leeds, United Kingdom

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