Loan to buy mealie meal and cooking oil

Gift

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $32 goal

0

days left

Entrepreneur

Name

Gift

Member since

October 2017

On-time repayments

64 installments  •  5%

About Me

My name is Gift Musanya am 28 years of age married and i have two children.I was from the family of 6 being 3 girls and 3 boys.I went to Kaunda Square Primary School and qualified to Kabulonga Boys High School were i completed my high school and school certificate with a distinction.By trying hard to get what do i managed to find a job and i started working a clerk, filing and documenting.Thats how i over came but it was not because if to get the same it took 3 years and before it was all struggling.However, during the course of my work i had a friend of who introduced to enterprenuer business to having extra income before getting paid.Thats i found a shop and started stocking groceries and that's how i began running my business.Zambia is peaceful and no civil wars have been recorded since she got her independence in 1964.I wish children to go to the University of Zambia and Study medicine.i love playing football and swimming during my leisure time.

My Business

I sale different types of product lines such as washing soaps, detergent soaps both liquid and poweder, milk, drinks, biscuits and pasta such macaroni, spagert and team products, all these products are on demand.I choose food retail because you will never encounter too many lose and sales are done every day.My total expenditure ordering all the goods is ZMK 3500 which is USD 350 according to our currency.Total revenue turn over is ZMK 1000 which is USD 100.Indeed i use the profits for school children, cater for home and also reinvesting more especially goods that have ran out and needs restocking.

Loan Proposal

Due to the increasing demand of mealie meal and cooing oil stock in my shop hence i need USD 70 to assist me transport these goods from Kafue Town and bring them to Lusaka to sale in my shop.This will help me to bring me the demand of mealie meal down.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Nov 1, 2017

Repayment status

Late

Projected term

14 months

Other loans

Lenders

Laurie

Sry, Canada

PG

Paul Graham

United States

R

RMIM

United States

Paul Buchheit

Mountain View, United States

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