David
Lusaka, Zambia
100% repaid
Name
David
Member since
February 2021
On-time repayments
19 installments • 37%
My Name is David Banda I am a 21 year old Male of Lusaka. In the year 2016 my family got a very big tragedy as both of my parents perished in a fatal road traffic accident in Kapiri Mposhi. During that time I was doing my grade 10 at Kafue Boys secondary school. With no financial aid or insurance I was forced to drop out of school to vent for my younger siblings aged 12 and 8 respectively. Luckily my parents had a grocery store in Kapiri Mposhi where they resided and so my siblings and I had to relocate to Lusaka permanently with the aid of the saved income I was able to open a grocery store which has supported my siblings through primary school and secondary school. I am also attending night school as my dream is to finish my secondary school education
My business is a simple grocery store which stocks different kinds of groceries ranging from house hold food stuffs to house hold tools like brooms and mops. In my part time I also work as an electrician, I am able to fix broken appliances such as fridges and stoves. I plan on studying electrical engineering when God gives me the chance
With this Loan I am applying for I will be able to buy a second hand electronic cash register. I have been unable to always be able to keep records of all inventory that is sold especially when it is busy so I think this machine will make it easy for me to track all my profits in a short period of time.
Yes business does face risks but because of my ability to also fix house hold appliances and gadgets I am able to raise more money than the grocery shop can give me. I will be able to pay back this loan with no problems.
Apr 21, 2021: My introduction to my grocery shop
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$112.00
Date disbursed
Apr 22, 2021
Repayment status
On Time
Projected term
2 weeks
Amount repaid
$112.11
Amount remaining
$0.00
Date repaid
May 3, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 5, 2021 | $56.08 | May 3, 2021 | $56.08 |
May 12, 2021 | $56.03 | May 3, 2021 | $56.03 |
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