Nakonde rice

David Banda

Lusaka, Zambia

Loan disbursed

$0 to go

100% lent of $163 goal

0

days left

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Entrepreneur

Name

David Banda

Location

Lusaka, Zambia

On-time repayments

7 weekly installments  •  86%

About Me

My Name is David Banda I am a 21 year old Male of Lusaka. In the year 2016 my family got a very big tragedy as both of my parents perished in a fatal road traffic accident in Kapiri Mposhi. During that time I was doing my grade 10 at Kafue Boys secondary school. With no financial aid or insurance I was forced to drop out of school to vent for my younger siblings aged 12 and 8 respectively. Luckily my parents had a grocery store in Kapiri Mposhi where they resided and so my siblings and I had to relocate to Lusaka permanently with the aid of the saved income I was able to open a grocery store which has supported my siblings through primary school and secondary school. I am also attending night school as my dream is to finish my secondary school education

My Business

My business is a simple grocery store which stocks different kinds of groceries ranging from house hold food stuffs to house hold tools like brooms and mops. In my part time I also work as an electrician, I am able to fix broken appliances such as fridges and stoves. I plan on studying electrical engineering when God gives me the chance

Loan Proposal

I am going to buy a 200 kg bag of Nakonde rice as this is one of the fastest selling dry food that is found in my shop .

Income Source

Because I also fix house hold appliances and electricals in my free time so I have savings and i cannot fail to pay back this loan

My Videos

Apr 21, 2021: My introduction to my grocery shop

Feedback

None

None

None

Lenders

Joost

Noord Brabant,  Netherlands

JT

JOY to the world

Cottonwood Heights,  United States

HM

Hemant Mehta

United States

Loan Info

Disbursed amount

$163.57

Date disbursed

May 6, 2021

Repayment status

On Time

Projected term

2 weeks

Cost of loan

Service fee: 5% of $163.57 = $8.16

Credit risk payment: $22.87

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  • David Banda    May 6, 2021

    I recieved a k2 810 . Thank you dear lenders you always help me

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  • David Banda    May 6, 2021

    Thank you soo much dear lenders. May God bless you

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  • JOY to the world    May 5, 2021

    Good luck in your endeavors. God bless you

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  • JOY to the world    May 5, 2021

    Good luck with your education

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  • Lloyd Feigenbaum    May 5, 2021

    Stay strong!

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  • David Banda    May 3, 2021

    Good day lenders. I recieved a total sum of k1,452 thank you very much on supporting my business. God bless you

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  • David Banda    Apr 22, 2021

    Thank you soo much dear lenders this loan will help me to buy a cashier register and till. God bless

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  • David Banda    Apr 19, 2021

    Thank you lenders for continuously coming through for me. I'll always be grateful

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  • David Banda    Apr 8, 2021

    Thieves broke into my store over the weekend and I lost most of my merchandise in the process. I will need to secure the store with more locks so that I can get back on track. I promise to fulfill my payments like always. Please pardon me dear lenders

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  • David Banda    Mar 13, 2021

    Thank you Soo much ma'am I am more than humbled. May God bless you

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  • Mattie Shaw    Mar 12, 2021

    I wish you success in your endeavors. You have had challenges to overcome and I hope the future will be easier.

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  • David Banda    Mar 11, 2021

    Good day dear lenders , I just wanted to express gratitude on what you are doing for me. As a young man with younger siblings to take care of, it has been hard to separate the profits from the day to day necessities needed at home thanks to this forum you have given me the opportunity to source capital from not only my business but from you. I will forever be grateful

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  • David Banda    Mar 9, 2021

    I recieved a sum of k785 and I was able to restock on the water and soft drinks. Thank you soo much dear lenders.

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  • David Banda    Mar 6, 2021

    Thank you soo much dear lenders once again for trusting me with this loan.
    I will not disappoint you

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  • David Banda    Mar 5, 2021

    Good day dear lenders. with the loan i last acquired i was able to stock up on the beverages i said i was and i am more than grateful

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  • David Banda    Mar 1, 2021

    Good morning. I recieved a sum of k631 this morning and i am grateful once again for your genorosity and trusting my project. with these funds i will be able to buy soft drinks and water to restock in my grocery store. God bless you

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  • David Banda    Feb 28, 2021

    Good day dear lenders..thank you soo much for being generous with lending me this loan. May God bless you always

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  • David Banda    Feb 23, 2021

    Good day to you all. I have just recieved a sum of k380. firstly i would like to emphasize on how grateful i am to you all for gracefully funding my loan. It will make a great difference to my grocery shop. I will be able to buy the groundnuts i wanted to buy. God bless you all.

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