Loan to buy a car at the lodge

Lackson

Lusaka, Zambia

7% repaid

Entrepreneur

Name

Lackson

Member since

August 2017

On-time repayments

68 installments  •  15%

About Me

My name is Lackson Simulunga the second born from the family of 4 boys and 2 girls.My childhood education was not easy because i grew up in the village.The education attended was just community school,through hardships i managed to complete high school.As a teenager i very ambious to make difference in life and by Gods grace i found a job with an NGO, where i was employed as an outreach worker.Well working there i had a vision of building a lodge due to tradional ceremonies that take place yearly and tourist that visit tourist sites in our area.Zambia is a country in africa that got its independence in 1964 and recently cerebrated its 50 years of independence without any civil war.I wish my children to become teachers of gospel to spread the gospel in the communities.

My Business

I ran lodge and i have restaurant at the same time,i provide different types food staffs,e.g continantal breakfast for different types clients that visit our lodge.Since in our community has tourist attraction such the victoria fall and ceremonia activities.The demand for the lodge is very high,people from different town do visit from time to time hence they bring alot of business.However the cost of running this lodge is appromixately ZMK 6500 to ensure we purchase enough food staff and renovations so that the lodge is attractive and a place to think about every time our clients visit us.Hence if we pump in more capital and make it up to the city standard, this create more business for us and generate more income to reinvest in the business.

Loan Proposal

i need atleast ZMK 50 to help me for clearing the vehicle i have just bought to use at the lodge, the previous loan to did help me to improve standards hence this time around we to do even better, due to zidisha loan as we improved the standard we were to receive churches having seminers at out lodge we managed to accumulate alot profits which has allowed us to buy the car at the lodge.I the profits will be use to to build guess houses at within the land at the lodge.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Oct 13, 2017

Repayment status

Late

Projected term

14 months

Other loans

Lenders

Stefano Bertolo

Luxembourg, Luxembourg

Atheist4good

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Lackson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...