26 installments • 38%
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.
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.
With this loan that I’m getting in going to restock Alchole and finish renovating the bar building. With this loan I’m getting i am going to buy different kinds of Alchole.
With the type of business I am into the risks are almost 0% as almost everyone is drinking a beverage and now that the weather is hot the business is very good such that on weekends we make 98% sales .
Jan 14, 2021: Removing the weeds from the crops
Nov 29, 2020
Cost to entrepreneur
Service fee: $17.92
Credit risk payment: $14.37