Adding maize to my food shop's inventory

Fostina

Block D, Zambia

100% repaid

Entrepreneur

Name

Fostina

Member since

January 2016

On-time repayments

179 installments  •  60%

About Me

I'm a happily married woman with 3 children of my own. I also help to raise some nieces and nephews. My eldest son is in secondary school right now and my husband and I are working hard to support his education as well as the education of our other children. My husband and I have a small farm as well as a store in Monze town. We want to be able to expand our business, but most of our profit goes into paying for school fees, leaving little to invest.

My Business

I have a small store in the town of Monze where I sell beans, kapenta (fish), and cooking oil. I buy the beans, kapenta, and cooking oil wholesale and then sell them in varying sizes. On a bag of beans, I can make about 400 kwacha profit. With paying for school fees, though, I run into a tough time reinvesting into the business as much of the profit goes to education costs for our children. I want to be able to diversify my income sources. I want to add Maize to my store as well. My first loan helped us a lot and we were able to save money.

Loan Proposal

At my store we are currently selling beans, kapenta, cooking oil, and we want to be selling maize too. We can buy maize for a good price right now and sell it higher. It'll be a good addition to the store. I am also still paying school fees for my children. The oldest is in 8th grade in the Copperbelt and we want him to be able to stay in school.

Show original English  

About Me

I'm a happily married woman with 3 children of my own as well as helping to raise some nieces and nephews. My eldest son is in secondary school right now and my husband and I are working hard to support his education as well as the education of our other children. My husband and I have a small farm as well as a store in Monze town. We want to be able to expand our business, but most profit goes into paying for school fees, leaving little to invest.

My Business

I have a small store in Monze Town where I am selling beans, kapenta (fish), and cooking oil. I buy the beans, kapenta, and cooking oil wholesale and then sell them in varying sizes. On a bag of beans I can make about 400 kwacha profit. With paying for school fees though, I run into a tough time reinvesting into the business as much of the profit goes to education costs for our children. I want to be able to diversify my income sources. I want to add Maize to my store as well. My first loan helped us a lot and we were able to save money. My second loan was also very helpful and we were able to invest more into education.

Loan Proposal

At my store we are currently selling Beans, Kapenta, Cooking Oil, and we want to be selling Maize too. We can buy maize for a good price right now and sell it higher. It'll be a good addition to the store. I am also still paying school fees for my children. The oldest is in 8th grade in the Copperbelt and we want him to be able to stay in school

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$265.00

Date disbursed

Feb 28, 2017

Repayment status

On Time

Projected term

12 months

Lenders

T

Tmann

Los Angeles, United States

BelleStarr

Albuquerque, United States

Cordula

Cologne, Germany

Tavin

Ottawa, Canada

juliemartha

Lake Mary, United States

ads68

Melbourne, Australia

Treesforpeople

Oxfordshire, United Kingdom

mojobob

Hayward, United States

D

drorm

United States

Paul Buchheit

Mountain View, United States

R

Reiners

Australia

V

vbud

United States

Loungin

United States

G

GEMMGMT

United States

Janet Merrill Miller

The Mossy Pacific Northwest, United States

S

Sven

Netherlands

Gab

Singapore

MD

Miles Dodge

CORVALLIS, United States

MW

Matt Willis

United States

Matt B

Stratford Upon Avon, United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

TO

Thomas O'Neil

United States

MC

Mark Cowburn

United States

Ren

Minneapolis/StPaul, United States

A

Annekatrin

Switzerland

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

Humble Bundle Community

San Francisco, United States

JS

Jason Strauss

United States

D

Dalton

San Francisco, United States

The X2AI Team

San Francisco, United States

Dean Suminski

Portland, Oregon, United States

JF

J Fister

United States

DW

Dan Winetsky

United States

Paul Buchheit

Mountain View, United States

Maggie Rouse

Cheyenne, Wyoming, United States

Jane

Ontario, Canada

F

Florian

Netherlands

Ask Fostina a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Anonymous    Feb 11, 2020

    Dear Lenders, I have been trying to get in touch with Fostina Himoonga, who was assigned to me by Zidisha to offer Volunteer mentorship. Unfortunately, I have been unable to communicate directly with Fostina Himoonga. I have only managed to get in touch with her family member but sadly the call was not very clear on all three attempts to get in touch with her or her other references. I will continue to try all available numbers at different times until I get some feedback from her directly. Will update again as soon as I manage to do so. All her numbers are unreachable, and most of her referrals are hard to get hold of via phone most times. I will update you soon.

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  • Ngwata    Nov 6, 2019

    Dear Lenders,
    Am still trying to get in touch with Fostina Himoonga. Her phone is being answered by her son Brian. He says she left her phone and will only be back about 6 hours from now.

    Log in to reply • Share
  • Ngwata    Nov 6, 2019

    Dear Lenders,
    Am still trying to get in touch with Fostina Himoonga. Her phone is being answered by her son Brian. He says I should call much later (6 hours later).
    I will try again

    Log in to reply • Share
  • Ngwata    Sep 25, 2019

    Dear lenders,
    I am still trying to get Fostina. I managed to speak with one of here brothers who promised to relay my message to her.

    Log in to reply • Share
  • Ngwata    Sep 25, 2019

    Dear lenders,
    Still trying to get through to Fostina.
    Will keep trying

    Log in to reply • Share
  • Ngwata    Jul 26, 2019

    Evening Fostina,
    I have been trying to reach you for time. The other day I only managed to talk to your son Brian.
    Please get in touch with me and start your weekly repayments to Zidisha

    Log in to reply • Share
  • Fostina    Jan 19, 2018

    I would like to thank all my lenders, this new loan will be very helpful in expanding my business! I will go and buy vegetables as soon as I receive from zidisha. Thank you and god bless!

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  • Fostina    Jan 13, 2018

    Am trying to apply for the new loan

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  • Fostina    Jan 13, 2018

    I will use all the money to my business

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  • Fostina    Feb 27, 2017

    Dear lenders, god bless you for helping to fund my loan. The first loan I received with zidisha helped me a lot and I was able to pay back all the time on time. I will use this loan to purchase my goods and which right now will be maize. Thank you again!

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    • Matt B    Feb 27, 2017

      I hope the funds are disbursed quickly. Good luck with your business.

      Log in to reply • Share


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