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

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Oct 13, 2017

Repayment status

Late

Projected term

14 months

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Summary

Amount repaid

$2.13

Amount remaining

$29.76

Expected completion

Dec 9, 2018

Status

Repaying late

Installment amount

$0.53

Repayment History

Expected Payments Actual Payments
Oct 22, 2017 $0.53 Nov 6, 2017 $0.53
Oct 29, 2017 $0.53 Nov 6, 2017 $0.53
Nov 5, 2017 $0.53 Nov 6, 2017 $0.53
Nov 12, 2017 $0.53 Nov 6, 2017 $0.53
Nov 19, 2017 $0.53
Nov 26, 2017 $0.53
Dec 3, 2017 $0.53
Dec 10, 2017 $0.53
Dec 17, 2017 $0.53
Dec 24, 2017 $0.53
Dec 31, 2017 $0.53
Jan 7, 2018 $0.53
Jan 14, 2018 $0.53
Jan 21, 2018 $0.53
Jan 28, 2018 $0.53
Feb 4, 2018 $0.53
Feb 11, 2018 $0.53
Feb 18, 2018 $0.53
Feb 25, 2018 $0.53
Mar 4, 2018 $0.53
Mar 11, 2018 $0.53
Mar 18, 2018 $0.53
Mar 25, 2018 $0.53
Apr 1, 2018 $0.53
Apr 8, 2018 $0.53
Apr 15, 2018 $0.53
Apr 22, 2018 $0.53
Apr 29, 2018 $0.53
May 6, 2018 $0.53
May 13, 2018 $0.53
May 20, 2018 $0.53
May 27, 2018 $0.53
Jun 3, 2018 $0.53
Jun 10, 2018 $0.53
Jun 17, 2018 $0.53
Jun 24, 2018 $0.53
Jul 1, 2018 $0.53
Jul 8, 2018 $0.53
Jul 15, 2018 $0.53
Jul 22, 2018 $0.53
Jul 29, 2018 $0.53
Aug 5, 2018 $0.53
Aug 12, 2018 $0.53
Aug 19, 2018 $0.53
Aug 26, 2018 $0.53
Sep 2, 2018 $0.53
Sep 9, 2018 $0.53
Sep 16, 2018 $0.53
Sep 23, 2018 $0.53
Sep 30, 2018 $0.53
Oct 7, 2018 $0.53
Oct 14, 2018 $0.53
Oct 21, 2018 $0.53
Oct 28, 2018 $0.53
Nov 4, 2018 $0.53
Nov 11, 2018 $0.53
Nov 18, 2018 $0.53
Nov 25, 2018 $0.53
Dec 2, 2018 $0.53
Dec 9, 2018 $0.53

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