Restocking foodstuffs to sell

Beauty

Lusaka, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Beauty

Member since

January 2021

On-time repayments

24 installments • 38%

About Me

My names are Beauty Luchendo. I was born in 1975 and completed my secondary school education and proceeded to do a course in business administration.
Upon completion of my course, i worked for a NGO (World vision) for 3 yrs and when my contract ended thats the time i decided to start a business.
In my community everyone is a brothers keeper such that when certain opportunities come, people get to be informed about it.
I have 2 children and they are all grown up and working.

My Business

I run a business of a shop at my house where i stock charcoal, foodstuffs like potatoes, dry fish, dry kapenta, eggs and groceries. this type of business is useful because almost everyone in my community need them and because the market is far from where we live, most people come to my shop for the supplies.
The money i make from selling is reinvested in the business and 20% of daily sales i keep in my account.the business is also helping to build my house and daily upkeep.

Loan Proposal

When I receive this loan, I want to restock my shop with foodstuffs such as dry foods n fruits as they tend to sale fast and it will help me to sale fast and increase my profit.

Income Source

It's true that many businesses face challenges today but it all depends with what you are selling. In my case selling of food stuffs in a good business and most households needs food on a daily basis and am the only one with such kind of business in my locality, and repaying back the loan will not be a problem.