Loan to grow my business to a big shop
Felix Buumba
Livingstone, Zambia
$0 to go
100% funded of $179 goal
0
days left
Entrepreneur
About Me
my name is felix buumba and i was born on the 15th of march 1986 in the town of mazabuka. i went to school in the same town and i went to a school called st pauls from grade 1 to grade 12 at the same school, i had a hardship when i was in grade 10 and i was forst to stop school and becuase i had no school fees and i just went home to do some farming, after a year of not going to school , i had fund a job as a house boy and i got the money the school wanted , so i payed for my school fees and i was back in school. I came to start my business after i complited my school and i had no money for the collage so i just went into business up to now, my home land is unique and is good for business coz it is a tourist capital of zambia, i have 2 kids and they to be doctors. am a good rapper and thats my hobby.
My Business
The good and services i provide are good because it is in the clothing and shoes group and my town is full of people of all colours and for that the good and services are on demand. i choose this business becaues of livingstone been a town of many colours and tourist. my typical cost is $730 and my revenue is $315 , and i use my profits for school children and for my reinvestments in my business.
Loan Proposal
i will expand my shop and it will cost me about $80 and then buy stock of shoes for $90 and then my business will be bigger now. it will benefit me coz my shop will be big and it means more sales , for others it will be good for are now going to be buy clothing on one stop shop. it will increase my profit by $50 and to it all good news.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$179.26
Date disbursed
Oct 22, 2016
Repayment status
Late
Projected term
16 months
Cost to entrepreneur
Service fee: $5.31
Upon joining Zidisha, Felix paid a lifetime membership fee of $10.61.
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Jake Gibson and Beverly Picardo
San Francisco, United States
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Will Oct 8, 2017
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