Loan to buy meat products, rice, soft drinks and cooking oil
Nancy
Lusaka, Zambia
11% repaid
Entrepreneur
Name
Nancy
Member since
August 2017
On-time repayments
95 installments • 24%
About Me
Dear lenders, my name is Nancy Mwaba, I am the first born of the family of 4, and i did my primary school in Mongu that is where i was born and i relocated to Lusaka for my grade 9 to 12 and completed my high school and obtained a certificate and went to do Teaching course and i am waiting for the government to employ me. But because i cant just seat and wait. I started my grocery business through the help of my Father, He gave me some money to spend at home and i just thought of doing a business in order to generate more income for myself and and my young brothers and sisters. It was a wise thing to do and my Father is proud of me and it is growing steadly since i have never used the profit for anything yet. And i want to include a fridge so that I start stocking soft drinks for customers to buy. I am following what i hear from customers. And i want always be ordering what my customers want. Well, as beautiful as our tourist attraction places are, our country has many beautiful places to visit and we make a lot of money during such seasons when we have too many visitors. We have lake victoria falls, Luangwa valley, thats just few i can mention.
My Business
I am running a grocery i opened last year and i have seen it growing steadily because i have paid too much attention on it. I have Sugar, biscuits, sweets, bubble gums, etc. I have most of the small things customer always go for during their shopping in town and i sometime become their one stop shopping place for them. And my working capital was only $500 but today it has gone to $1200 and i still need more to manage to buy other equipment like warmers and i am raising the money for the fridge. This will make me start ordering soft drinks.
Loan Proposal
I need to buy meat products, rice, soft drinks and cooking oil in my shop, which is out of stock at the moment, i need atleast 150 dollars to cover up for my budget and ensure that the main stocks most customers are available in the shop.However this will help me generate more profits and help me pay school fees for my children 2018 calender for January.Hence having secured the goods i will be able to make sale revenue from ZMK 2000 to 3500, representing 80% to 90% profit income.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$164.00
Date disbursed
Jan 8, 2018
Repayment status
Late
Projected term
18 months
Other loans
Lenders
United States
United States
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Summary
Amount repaid
$17.45
Amount remaining
$146.80
Expected completion
Jul 27, 2019
Status
Repaying late
Installment amount
$2.05
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 20, 2018 | $2.05 | Jan 28, 2018 | $2.05 |
| Jan 27, 2018 | $2.05 | Jan 28, 2018 | $2.05 |
| Feb 3, 2018 | $2.05 | Feb 5, 2018 | $2.05 |
| Feb 10, 2018 | $2.05 | Feb 5, 2018 | $1.03 |
| Feb 11, 2018 | $1.03 | ||
| Feb 17, 2018 | $2.05 | Feb 11, 2018 | $1.03 |
| Feb 18, 2018 | $1.03 | ||
| Feb 24, 2018 | $2.05 | Feb 18, 2018 | $1.03 |
| Mar 4, 2018 | $1.03 | ||
| Mar 3, 2018 | $2.05 | Mar 4, 2018 | $2.05 |
| Mar 10, 2018 | $2.05 | Mar 19, 2018 | $2.05 |
| Mar 17, 2018 | $2.05 | Mar 19, 2018 | $1.03 |
| Mar 24, 2018 | $2.05 | ||
| Mar 31, 2018 | $2.05 | ||
| Apr 7, 2018 | $2.05 | ||
| Apr 14, 2018 | $2.05 | ||
| Apr 21, 2018 | $2.05 | ||
| Apr 28, 2018 | $2.05 | ||
| May 5, 2018 | $2.05 | ||
| May 12, 2018 | $2.05 | ||
| May 19, 2018 | $2.05 | ||
| May 26, 2018 | $2.05 | ||
| Jun 2, 2018 | $2.05 | ||
| Jun 9, 2018 | $2.05 | ||
| Jun 16, 2018 | $2.05 | ||
| Jun 23, 2018 | $2.05 | ||
| Jun 30, 2018 | $2.05 | ||
| Jul 7, 2018 | $2.05 | ||
| Jul 14, 2018 | $2.05 | ||
| Jul 21, 2018 | $2.05 | ||
| Jul 28, 2018 | $2.05 | ||
| Aug 4, 2018 | $2.05 | ||
| Aug 11, 2018 | $2.05 | ||
| Aug 18, 2018 | $2.05 | ||
| Aug 25, 2018 | $2.05 | ||
| Sep 1, 2018 | $2.05 | ||
| Sep 8, 2018 | $2.05 | ||
| Sep 15, 2018 | $2.05 | ||
| Sep 22, 2018 | $2.05 | ||
| Sep 29, 2018 | $2.05 | ||
| Oct 6, 2018 | $2.05 | ||
| Oct 13, 2018 | $2.05 | ||
| Oct 20, 2018 | $2.05 | ||
| Oct 27, 2018 | $2.05 | ||
| Nov 3, 2018 | $2.05 | ||
| Nov 10, 2018 | $2.05 | ||
| Nov 17, 2018 | $2.05 | ||
| Nov 24, 2018 | $2.05 | ||
| Dec 1, 2018 | $2.05 | ||
| Dec 8, 2018 | $2.05 | ||
| Dec 15, 2018 | $2.05 | ||
| Dec 22, 2018 | $2.05 | ||
| Dec 29, 2018 | $2.05 | ||
| Jan 5, 2019 | $2.05 | ||
| Jan 12, 2019 | $2.05 | ||
| Jan 19, 2019 | $2.05 | ||
| Jan 26, 2019 | $2.05 | ||
| Feb 2, 2019 | $2.05 | ||
| Feb 9, 2019 | $2.05 | ||
| Feb 16, 2019 | $2.05 | ||
| Feb 23, 2019 | $2.05 | ||
| Mar 2, 2019 | $2.05 | ||
| Mar 9, 2019 | $2.05 | ||
| Mar 16, 2019 | $2.05 | ||
| Mar 23, 2019 | $2.05 | ||
| Mar 30, 2019 | $2.05 | ||
| Apr 6, 2019 | $2.05 | ||
| Apr 13, 2019 | $2.05 | ||
| Apr 20, 2019 | $2.05 | ||
| Apr 27, 2019 | $2.05 | ||
| May 4, 2019 | $2.05 | ||
| May 11, 2019 | $2.05 | ||
| May 18, 2019 | $2.05 | ||
| May 25, 2019 | $2.05 | ||
| Jun 1, 2019 | $2.05 | ||
| Jun 8, 2019 | $2.05 | ||
| Jun 15, 2019 | $2.05 | ||
| Jun 22, 2019 | $2.05 | ||
| Jun 29, 2019 | $2.05 | ||
| Jul 6, 2019 | $2.05 | ||
| Jul 13, 2019 | $2.05 | ||
| Jul 20, 2019 | $2.05 | ||
| Jul 27, 2019 | $2.05 | ||
PaulE Mar 28, 2019
Jane Dec 27, 2017
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