Loan to increase stocks and expand my business

Abraham

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $42 goal

0

days left

Entrepreneur

Name

Abraham

Member since

August 2017

On-time repayments

90 installments  •  9%

About Me

I am Abraham Phiri dear Lender, i am the third born in our family and i did my primary school in Kabwe and moved to Lusaka because i could not complete my grade 12 level but i am trying resume and complete when i do better in my business. I sale bags in Lusaka Intercity market and that is where the travelers use as a station and i sale my bags to them. I am the one that is supporting my family and this business has been an inheritance from my uncle and i am doing better than he used to do because of discipline. I do not spend unnecessarily. I have a good timing of the expenses because i want to expand more.However, schools have opened hence i need more stock of school bags, laptops and ordinary bags.

My Business

I am selling all types of Bags. I need more stock of them and i want to increase the stock of ladies hand bags so that i increase my capital fast after selling. These goods are very important because many people travelling would always want to put things in the bags after shopping and it is safe like that.

Loan Proposal

For this loan i want to buy rain coats,more school bags and rain boats, hence i USD 100 to help me increase stocks and grow the business.However this will help generate more funds to that will lead to grow the business.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$42.00

Date disbursed

Nov 7, 2017

Repayment status

Late

Projected term

18 months

Lenders

PG

Paul Graham

United States

R

RMIM

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$0.00

Amount remaining

$41.86

Expected completion

May 24, 2019

Status

Repaying late

Installment amount

$0.52

Repayment History

Expected Payments Actual Payments
Nov 17, 2017 $0.52
Nov 24, 2017 $0.52
Dec 1, 2017 $0.52
Dec 8, 2017 $0.52
Dec 15, 2017 $0.52
Dec 22, 2017 $0.52
Dec 29, 2017 $0.52
Jan 5, 2018 $0.52
Jan 12, 2018 $0.52
Jan 19, 2018 $0.52
Jan 26, 2018 $0.52
Feb 2, 2018 $0.52
Feb 9, 2018 $0.52
Feb 16, 2018 $0.52
Feb 23, 2018 $0.52
Mar 2, 2018 $0.52
Mar 9, 2018 $0.52
Mar 16, 2018 $0.52
Mar 23, 2018 $0.52
Mar 30, 2018 $0.52
Apr 6, 2018 $0.52
Apr 13, 2018 $0.52
Apr 20, 2018 $0.52
Apr 27, 2018 $0.52
May 4, 2018 $0.52
May 11, 2018 $0.52
May 18, 2018 $0.52
May 25, 2018 $0.52
Jun 1, 2018 $0.52
Jun 8, 2018 $0.52
Jun 15, 2018 $0.52
Jun 22, 2018 $0.52
Jun 29, 2018 $0.52
Jul 6, 2018 $0.52
Jul 13, 2018 $0.52
Jul 20, 2018 $0.52
Jul 27, 2018 $0.52
Aug 3, 2018 $0.52
Aug 10, 2018 $0.52
Aug 17, 2018 $0.52
Aug 24, 2018 $0.52
Aug 31, 2018 $0.52
Sep 7, 2018 $0.52
Sep 14, 2018 $0.52
Sep 21, 2018 $0.52
Sep 28, 2018 $0.52
Oct 5, 2018 $0.52
Oct 12, 2018 $0.52
Oct 19, 2018 $0.52
Oct 26, 2018 $0.52
Nov 2, 2018 $0.52
Nov 9, 2018 $0.52
Nov 16, 2018 $0.52
Nov 23, 2018 $0.52
Nov 30, 2018 $0.52
Dec 7, 2018 $0.52
Dec 14, 2018 $0.52
Dec 21, 2018 $0.52
Dec 28, 2018 $0.52
Jan 4, 2019 $0.52
Jan 11, 2019 $0.52
Jan 18, 2019 $0.52
Jan 25, 2019 $0.52
Feb 1, 2019 $0.52
Feb 8, 2019 $0.52
Feb 15, 2019 $0.52
Feb 22, 2019 $0.52
Mar 1, 2019 $0.52
Mar 8, 2019 $0.52
Mar 15, 2019 $0.52
Mar 22, 2019 $0.52
Mar 29, 2019 $0.52
Apr 5, 2019 $0.52
Apr 12, 2019 $0.52
Apr 19, 2019 $0.52
Apr 26, 2019 $0.52
May 3, 2019 $0.52
May 10, 2019 $0.52
May 17, 2019 $0.52
May 24, 2019 $0.52

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