Loan to build a restaurant and a bottle

Alice

Lusaka, Zambia

7% repaid

Entrepreneur

Name

Alice

Member since

August 2017

On-time repayments

21 installments  •  57%

About Me

My name is Alice Banda i was born in the eastern part of zambia.iam the first born in the family of 5 and being 2 girls and 3 boys.I attended my primary school in chipata basic school before relocating to lusaka.where i completed my high school level.Life after school was easy for me it just hardship after hardship until i found part time job were i started working as bar tender.After months working as bar tender, i started ranning my bottle store at market near our community.i need when i heared of zidisha i got interest because i have wanted extra funds to help me rebuild and renovate our house because it is in a delapidated state.Hence some to help revonate it so when rain season come rain water should be entering into the house.

My Business

I ran a bar and i sale beers daily, beer is on demand most people like to consume and i make money out of as a source of my income.I choose selling because i cant go without selling it.i have customers who nearly consume it nearly everyday.Though i sell every day the profits i make cant sustain me and family so that i can some use some money to renovate the house this is i need loan to help me so that am repaying weekly.

Loan Proposal

i now to build a shop for my restaurant and a bottle store, among the things i want to buy is building blocks which will cost USD 150 for 1000 blocks, building sandy, crushed stones for the slamb work and floor in the restaurant and a bottle store which also cost USD 50.This will benefit me alot because there is demand for beer and food due the opening of industries in my community most people coming to work there want to eat and also drink beer, which will generate alot profit for my business and grow.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$180.00

Date disbursed

Oct 27, 2017

Repayment status

Late

Projected term

39 months

Lenders

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Alice    Nov 29, 2017

    Dear lenders overseas, am very thankful to you all, since i joined and became a member of zidisha my life has changed because of financial empowerment which i could not access from here.When i did receive the financial support the first time was to renovate the our family and i managed to apply for another one due to hard work and repayment on time,my third loan which am currently holding am very successful with it, i opened the restaurant and we preparing local at the same and the response is good since it was opened and also the bottle that is located within the main market in our community is doing and the response of customers is very commendable.am able to generate reasonable turn over because of great empowerment am receiving from you my lenders.However the business is doing well so far am growing steadily and this coming festive season i know we will do very well.Thanking you in advance for this great support for the deveploment of my business, family and my lifestyle.

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  • Alice    Nov 14, 2017

    i have adjusted my installment due sale being slow at the moment, however i will increase in due course when sale on the restaurant and the bottle picks up.

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  • Alice    Nov 14, 2017

    I did receive ZMK 1462 and i was very glad thankful to renders for good support to my well being of life.I managed to a small local restaurant where i prepare a variety of food.Next to the restaurant is the bottle store which i also bought beer stock and every thing is well despite sales being slow.However, am very thankful to lenders and i just to promise that i will work very hard and ensure that i repay my loan on time.

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  • Alice    Oct 26, 2017

    I will buy building materials to build a restaurant and a bottle store, however, i will be helped in many ways because the sources of income will be generated from both the restaurant and the bottle store.

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  • Alice    Oct 26, 2017

    I had successful experience the loan for worked very well, House has been renovated and plastered well and painted, hence for my third loan i need to buy tiles and build a shop for my restaurant and bottle bar.Am very thank ful my lenders for good work are you doing ,things have changed in my life they are not same because you my lenders and zidisha team.Am humbled and really blessed because of Zidisha.Thanking you in advance

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  • Lovemore    Oct 11, 2017

    I contacted Alice Banda she has repaid her past due installment through her MTN account no. 0964952856 and transaction ID no. 236403132 amount repaid ZMK 30.Thanking you in advance my dear lenders

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  • Alice    Sep 20, 2017

    I need to buy floor tiles, water paint and Oil Paint for beautifying for the house, i also need to new doors and building sandy for plastering of the house.Hence this will help me to renovate the house nicely and live comfortaly because of zidisha loan and help from renders.I thank all the renders for their support to me.Am happy and excited.

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  • Alice    Sep 10, 2017

    I receives ZMK 124 in our curreny and managed to buy building materials that were needed to begin renovating the house , so far the house project has began.I tnank zidisha instittution and the zisisha team and above all most renders that came on board to support my project, to you all i say thank tou very much.

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  • Alice    Aug 23, 2017

    I definitely buy blocks, building sand and cement to ensure the our home renovation is done as soon as possible to avoid rain water from entering the house.I thank you lender wonderful support to me and my family.Thank you very much.

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