Restocking car lubricants & car belling's in my auto shop

Brenda Kapambwe

Copperbelt, Zambia

100% repaid

Entrepreneur

Name

Brenda Kapambwe

Member since

January 2021

On-time repayments

15 installments  •  73%

About Me

My name is Brenda Kapambwe Zambia national with a green national registration card .I come from the Copper belt Province of and in Kitwe in particular. Am one the Zambian female young lady proactive in entrepreneur ship business with dream to expand my business .I was introduced to Zidisha loans and I got interested because my business at the moment need financial support.

My Business

I ran an Auto Shop in the central business of Kitwe town, I provide Lubricants, Car spare parts, car tyres, and many more when required by customers. Car spare parts are in demand because people buy vehicles on daily and also car spare parts are needed too to replace those worn out and replace them new one. Therefore I make good profits because these spare parts are needed on a daily basis. So far I have invested about 45000 ZMW as my working capital and on weekly basis I make above 7000.00ZMW weekly.

Loan Proposal

I still want to use the Zidisha financial support to restock the following car spare parts out of stock because they highly on demand;
1. Engine Oils and other Lubricants
2. Car Seals
3. Car Belling
4. Ball Joints
5. corner lamps and indicator lights
6. Restocking good second hand Japanese tyres

Income Source

Apart from the Auto shop business, I and my husband are also involved in chicken broiler farming and also I ran bar were we sale drink such as alcohol drink and softs. From our business we able to realise good turn over weekly and we have planned it wisely for the Zidisha loan to be repaying it weekly without fail. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$172.93

Date disbursed

Feb 10, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $10.71

Credit risk payment: $32.12

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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