Loan to buy fridges for cooling drinks in shop and expand
Lovemore
Lusaka, Zambia
17% repaid
Entrepreneur
Name
Lovemore
Member since
July 2017
On-time repayments
85 installments • 26%
About Me
My name is Lovemove Mushaba the third born i family of five.I completed my school level and obtained good results waiting to go into University after raising enough funds help me pay for tuition.I grew up with my mother in the rural set up i country were life is not easy for one pull through.After my high school i went through a chain of hardships and eventually managed to raise money to the business of distribution of Pepsi soft and Coca cola drinks in our community.Hence after hearing of zidisha i got interested to apply for a small loan to boast my of distributing drinks.Our country is unique because its is peaceful and of rich in natural resources.In future i would like my children to find it easy in life and go school freely without lacking anything.This is the reason why i want to work extral hard to improve the well being of life and the family.
My Business
I Supply pepsi drinks which i order and distribute to shop owners in our community and at the market places.Our area since is the outskirt of town drinks are very scarce and the demand is very high because people find it difficult to walk long distances just to buy drinks.This business cost me now ZMK 3500.00 excluding transport.Transport cost me ZMK 600.00, Hence turn over is very good because am the only one that provide and distribute drinks trusted by the dealer of the product.However for the second loan i want to expand the shop for stock stocking other products which will increase my turn over and grow the my business this summer season when these goods very fast .
Loan Proposal
I need USD 300 to help me buy fridges in my shop for cooling of drinks, each cooler fridge will cost USD 80 small and larger will cost me USD150 and USD 70 i want to buy and increase or expand stocks due to summer seasons.Customers consumer alot of soft drinks this period and i want take advantage and generate more revenue or profits.Before December am planning increase my to 2000 crates of softs to distribute to retail shop around the the markets.
Feedback
Positive
None
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$276.00
Date disbursed
Oct 11, 2017
Repayment status
Late
Projected term
17 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$45.71
Amount remaining
$230.12
Expected completion
Mar 23, 2019
Status
Repaying late
Installment amount
$3.72
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 21, 2017 | $3.72 | Oct 24, 2017 | $3.72 |
| Oct 28, 2017 | $3.72 | Oct 24, 2017 | $1.59 |
| Oct 31, 2017 | $2.13 | ||
| Nov 4, 2017 | $3.72 | Nov 5, 2017 | $3.72 |
| Nov 11, 2017 | $3.72 | Nov 5, 2017 | $1.59 |
| Nov 19, 2017 | $2.13 | ||
| Nov 18, 2017 | $3.72 | Nov 19, 2017 | $3.72 |
| Nov 25, 2017 | $3.72 | Nov 26, 2017 | $3.72 |
| Dec 2, 2017 | $3.72 | Nov 26, 2017 | $3.72 |
| Dec 9, 2017 | $3.72 | Dec 9, 2017 | $3.72 |
| Dec 16, 2017 | $3.72 | Dec 31, 2017 | $3.72 |
| Dec 23, 2017 | $3.72 | Dec 31, 2017 | $3.72 |
| Dec 30, 2017 | $3.72 | Dec 31, 2017 | $3.72 |
| Jan 6, 2018 | $3.72 | Dec 31, 2017 | $3.72 |
| Jan 13, 2018 | $3.72 | Dec 31, 2017 | $1.06 |
| Jan 20, 2018 | $3.72 | ||
| Jan 27, 2018 | $3.72 | ||
| Feb 3, 2018 | $3.72 | ||
| Feb 10, 2018 | $3.72 | ||
| Feb 17, 2018 | $3.72 | ||
| Feb 24, 2018 | $3.72 | ||
| Mar 3, 2018 | $3.72 | ||
| Mar 10, 2018 | $3.72 | ||
| Mar 17, 2018 | $3.72 | ||
| Mar 24, 2018 | $3.72 | ||
| Mar 31, 2018 | $3.72 | ||
| Apr 7, 2018 | $3.72 | ||
| Apr 14, 2018 | $3.72 | ||
| Apr 21, 2018 | $3.72 | ||
| Apr 28, 2018 | $3.72 | ||
| May 5, 2018 | $3.72 | ||
| May 12, 2018 | $3.72 | ||
| May 19, 2018 | $3.72 | ||
| May 26, 2018 | $3.72 | ||
| Jun 2, 2018 | $3.72 | ||
| Jun 9, 2018 | $3.72 | ||
| Jun 16, 2018 | $3.72 | ||
| Jun 23, 2018 | $3.72 | ||
| Jun 30, 2018 | $3.72 | ||
| Jul 7, 2018 | $3.72 | ||
| Jul 14, 2018 | $3.72 | ||
| Jul 21, 2018 | $3.72 | ||
| Jul 28, 2018 | $3.72 | ||
| Aug 4, 2018 | $3.72 | ||
| Aug 11, 2018 | $3.72 | ||
| Aug 18, 2018 | $3.72 | ||
| Aug 25, 2018 | $3.72 | ||
| Sep 1, 2018 | $3.72 | ||
| Sep 8, 2018 | $3.72 | ||
| Sep 15, 2018 | $3.72 | ||
| Sep 22, 2018 | $3.72 | ||
| Sep 29, 2018 | $3.72 | ||
| Oct 6, 2018 | $3.72 | ||
| Oct 13, 2018 | $3.72 | ||
| Oct 20, 2018 | $3.72 | ||
| Oct 27, 2018 | $3.72 | ||
| Nov 3, 2018 | $3.72 | ||
| Nov 10, 2018 | $3.72 | ||
| Nov 17, 2018 | $3.72 | ||
| Nov 24, 2018 | $3.72 | ||
| Dec 1, 2018 | $3.72 | ||
| Dec 8, 2018 | $3.72 | ||
| Dec 15, 2018 | $3.72 | ||
| Dec 22, 2018 | $3.72 | ||
| Dec 29, 2018 | $3.72 | ||
| Jan 5, 2019 | $3.72 | ||
| Jan 12, 2019 | $3.72 | ||
| Jan 19, 2019 | $3.72 | ||
| Jan 26, 2019 | $3.72 | ||
| Feb 2, 2019 | $3.72 | ||
| Feb 9, 2019 | $3.72 | ||
| Feb 16, 2019 | $3.72 | ||
| Feb 23, 2019 | $3.72 | ||
| Mar 2, 2019 | $3.72 | ||
| Mar 9, 2019 | $3.72 | ||
| Mar 16, 2019 | $3.72 | ||
| Mar 23, 2019 | $0.53 | ||
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