Add goat meat to my grocery shop

Esther Theo

Lusaka, Zambia

10% repaid

Entrepreneur

Name

Esther Theo

Location

Lusaka, Zambia

On-time repayments

55 weekly installments  •  25%

About Me

My name is Esther Theo. I am a small scale retailer . I started out 3 years ago when I wasnt able to find employment after I graduated from University to support my parents and my 4 adopted children. I saw the need to open a grocery store in my area because there was none. We had to go far just to look for a shop that sells groceries. My aim was to give back to the community what it gave to me growing up. I started up with a very small hand made shop and then as I grew my revenue I was able to pay for rent in a bigger shop.

My Business

My business is a retail grocery store were I sale house hold groceries and food stuff. My business supports me and my family. Now that schools are open, it will boost my revenue and enable me to pay for my children's school fees and supplies. They mean everything to me, and I really want to give them good quality education to secure their future. I plan on expanding my retail business. In my area, there are no butcheries in radius so I plan on buying some chickens so that I can repack them and sale them . With the high demand for meat in my neighborhood, I am certain that I will earn profit and pay back this money with no difficulties. In the near future I plan on expanding my business into a butchery. If all goes well, I will start raring chickens on a small scale so as to increase supply in my venture.

Loan Proposal

With this loan I intend to buy a meat cutter which I will be using in the new section of the butchery in my grocery store. I started selling some fresh meat products and now I intend on buying some whole goats.the meat cutter will make it easier for me to cut up the meat.

Income Source

Yes businesses face risk but with the rising cases of covid many customers would rather buy groceries locally than have to go as far as the malls so I'm sure that my business will continue to grow

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$682.58

Date disbursed

Jan 21, 2021

Repayment status

Late

Projected term

10 months

Cost to entrepreneur

Service fee: $43.00

Credit risk payment: $172.00

Optional expediting fee: $86.00

Lenders

J

Jason

New Jersey, United States

torelizer

Reggio Emilia, Italy

P

pmyadlowsky

Charlottesville, United States

Laurent

Vevey, Switzerland

S

SelvaMarcus

Green Cove Springs, United States

O

OneSummer

Muenster/Westphalia, Germany

C

cyrilleberger

Gammalkil, Sweden

MM

Mollie Milesi

Jeruslem, Israel

Erica

Caledon, Canada

P

planespotter

Berlin, Germany

R

Rking

Eugene, United States

SBlue1

Germany

R

robcarslake

London, United Kingdom

BuckeyeBob

Ohio, United States

T

Tim47

United States

S

shappysfunland

United States

Kevin

San Francisco, United States

R

Roger

United States

MG

Meron Gribetz

United States

BB

Ben Bellows

United States

Mattie Shaw

Seattle, United States

JA

Jan Andresen

Hamburg, Germany

MC

Mark Cowburn

United States

hervey liu

United States

D

Dave

Dropmore, Manitoba, Canada

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

RF

Ruth FT

Manchester, United Kingdom

G

Greg

Sydney, Australia

MH

Matt Hodges

United Kingdom

AM

Angela Mason

United States

Jeanette

Fort Worth, Texas, United States

Dustin Lape

Lynchburg, United States

J

Jason

West Palm Beach, United States

Andrew

United States

CA

Chad Aboud

Toronto, Canada

M

mhuuden

Netherlands

EH

Ed Hendrickson

Ames, Iowa, United States

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