Restocking of alcohol

Mark Banda

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Mark Banda

Member since

October 2020

On-time repayments

26 installments  •  38%

About Me

I am a small scale Farmer and bar/ liquor business man. I started my business in 2018 after I dropped out of university to sponsor my siblings education. I am the only breadwinner of my family and with this economy it has been far from easy. but I am grateful that my farming and business is able to sustain me despite all the challenges.

My Business

Shi konko umu folo Bar is a unique gathering place in lusaka. By providing exemplary service a vast selection of beer and wines and local award winning food in a relaxed comfortable setting, the Shi konko umu folo is the premier bar that ‘the locals’ go to in lusaka Zambia.

I am also a farmer mainly in maize farming that is seasonal as now is the rainy season in Southern Africa I have ventured in maize and cotton farming. Zambias staple food being maize I contribute to the 2% of the countries maize stocks.

Loan Proposal

With this loan I plan restocking my beverages so that with time I can renovate my bar which will be able to accommodate more people and maximise the sales.

Income Source

considering my line of service, it's almost rare not have business especially over the weekend. People always want to go to a place to relax, listen to some nice music and have some drinks.

My Videos

Jan 14, 2021: Removing the weeds from the crops

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.25

Date disbursed

Oct 26, 2020

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $10.53

Credit risk payment: $10.53

Optional expediting fee: $10.53

Lenders

Craig

Memphis, TN, United States

Aran Dunlop

United States

Paul Buchheit

Mountain View, United States

LC

Linda Cladis

United States

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