Restocking inventory

Esther

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Esther

Member since

September 2020

On-time repayments

58 installments  •  29%

About Me

My name is Esther Theo. I am a small scale retailer . I started out 3 years ago when I wasnt able to find employment after I graduated from University to support my parents and my 4 adopted children. I saw the need to open a grocery store in my area because there was none. We had to go far just to look for a shop that sells groceries. My aim was to give back to the community what it gave to me growing up. I started up with a very small hand made shop and then as I grew my revenue I was able to pay for rent in a bigger shop.

My Business

My business is a retail grocery store were I sale house hold groceries and food stuff. My business supports me and my family. Now that schools are open, it will boost my revenue and enable me to pay for my children's school fees and supplies. They mean everything to me, and I really want to give them good quality education to secure their future. I plan on expanding my retail business. In my area, there are no butcheries in radius so I plan on buying some chickens so that I can repack them and sale them . With the high demand for meat in my neighborhood, I am certain that I will earn profit and pay back this money with no difficulties. In the near future I plan on expanding my business into a butchery. If all goes well, I will start raring chickens on a small scale so as to increase supply in my venture.

Loan Proposal

With this loan I am getting . I will restock on more inventory for my grocery business that I am currently running. I will buy some meat stock for the butchery section of the grocery store

Income Source

I am sure that I will be able to pay back this loan because my business runs smoothly. I always have customers and I'm sure that my returns are going to increase with this new inventory I am stocking

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$412.00

Date disbursed

Dec 11, 2020

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

Dan Brinkman

Lynden, WA, United States

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