Supplying drinks to bars

Rabson

Kitwe, Zambia

Funds disbursed

$0 to go

100% funded of $156 goal

0

days left

Entrepreneur

Name

Rabson

Member since

October 2020

On-time repayments

10 installments  •  40%

About Me

My name is Rabson Lungu a Zambian citizen by birth.I completed my school and i hold a Diploma in accounting management.Am married with a lovely wife and 3 children .My desire is to become a powerful business man in Zambia.Since childhood have had the passion to do business in my life.

My Business

I sale alcohol beverages both retail and wholesale .I own a small shop in the central business of town were people come buy and go to stock up in bars, night clubs and bottle stores.I choose this business because it is highly profitable and it gives me abnormal profits.These profits i use them for reinvestment in growing the business, home improvements and also cater for my family by buying basic need at home and pay school fees and some clothing.

Loan Proposal

I need at least 5000 ZMW, to order Bulk alcohol due to high demand and consumption in most Bars, night clubs, casinos and many more drinking places.I want to have enough stock of beers before Christmas and year festivals.This is is great opportunity for my business and to make more profit because after the festival business will course get down.

Income Source

This time around there is high consumption and I need to restock Bulk alcohol for sale and make more income.Demand is very high because there are many functions taking place and alcohol is in demand and am selling very fast.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$156.00

Date disbursed

Dec 22, 2020

Repayment status

Late

Projected term

6 weeks

Lenders

ErikN

Stockholm, Sweden

ads68

Melbourne, Australia

Treesforpeople

Oxfordshire, United Kingdom

CN

Craig Newmark

United States

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  • Austine    Mar 17, 2021

    I spoke to Rabson and said he had his good stolen and he is just recovering from trauma he was involved in and said he plans to start repaying next week. Thank you lenders for your support.

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  • Joachim    Feb 17, 2021

    He said he is still struggling to maintain his business

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  • Joachim    Jan 16, 2021

    I have advised him to adjust his loan,

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  • Rabson    Jan 5, 2021

    My business is a bit slow and i have adjusted to ensure that am able to afford my weekly instalment.Thank you so much lenders.

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  • Rabson    Dec 19, 2020

    I will restock more drinks in my shop to supply to bars, night clubs, casinos, and lodge & hotels now that consumption is very high during this period. This will help me make profits very fast because of demand in alcohol beverages. Thank my lenders very much i will give every satisfaction.

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  • Rabson    Dec 15, 2020

    I need restock more it like at the moment consumption has increase, i have little stock hence i need to increase so i can have more stock before Christmas when most drink too much during celebrations and i want to take advantage to more profits.

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  • Rabson    Dec 9, 2020

    I will restock more cases of alcohol in my shop and it will help me make more money, because demand is very high this December, consumption is very high.Thank you very much my lenders may God bless you.

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  • Rabson    Dec 8, 2020

    I did an amount of ZMW 488.00 in my MTN account and i manged to alcohol stock and i have sold all of it because demand is very high.Thank you so much my lenders for supporting my business.

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  • Rabson    Dec 1, 2020

    I will buy more alcohol stock in my shop due to high demand this December, Am receiving orders nearly very day and am happy that loan has funded successfully so that i can order more stock to satisfy demand from all my customers.
    Thank you so much Mr Barb Laser for support my business project i will do my best to hard more profits to help my children and family and pay school fees in January 2021.Thank you very May God Bless you so much.

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  • Rabson    Nov 29, 2020

    Dear lender the previous loan help a lot in buying stock that i did not in stock, it helped me to buy larger beers and wine and i sold them at once.I made good profits very fast and i restock more beer because this period consumption is increasing.Thank you my lenders for supporting and i would to urge you to support me again so that my business can grow big.

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  • Rabson    Nov 15, 2020

    Dear lenders i have now successfully received in MTN payment account an amount of ZMW 288.00 from the loan i did apply for.I will need to restock more alcohol beverages as demand as kept on increasing at the moment.Am very thankful to you and i really appreciate you, Thank you very much and may the good lord bless you.

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