Restocking of beverages

Mark

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Mark

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 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.

Income Source

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 .

My Videos

Jan 14, 2021: Removing the weeds from the crops

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$165.00

Date disbursed

Nov 29, 2020

Repayment status

On Time

Projected term

1 week

Lenders

John Minges

United States

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  • Chama    Aug 2, 2021

    I talked to mark and said he will pay back the loan this month

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  • Chama    Jul 1, 2021

    My dear lenders
    I have managed to talked to Mark and he said that will pay back the loan soon.

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  • Mark    Jun 29, 2021

    Business not going as expected

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  • Jesper    May 15, 2021

    Mark is in the market selling his farm produce so that he can repay his loan.

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  • Mpundu    Apr 27, 2021

    He said that he will manage to pay back the loan next week

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  • Mark    Apr 10, 2021

    My farming business has been affected with the current increase in farming commodities.

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  • Mpundu    Mar 25, 2021

    He said that he wil repay next week.

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  • Mark    Feb 23, 2021

    The reason I changed my installment plan is because of the power rainfall we have received in the past month. Hopefully we have great year of rainy season now

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  • Salome    Feb 21, 2021

    Mark told me that he will be able to start paying this week

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  • Mark    Jan 20, 2021

    I want to thank you all for this loan. With this loan I will buy spares for my plough so that it can help me with weeding and ploughing my farm.

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  • Mark    Jan 13, 2021

    The last loan I managed to buy a fridge behind me to increase the number of beverages stocked.

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  • Mark    Jan 11, 2021

    The previous loan helped me expand my business during the festival season though it was disused to me after Christmas I was able to grow my business through an additional stork.

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  • Mark    Dec 23, 2020

    I will restock my beverages hence it will help me have more sells during this festival season. I would like thank you all..

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  • Mark    Dec 22, 2020

    The loan really helped me up my stock as a result increased my sales. I would like to thank all my lenders

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  • Mark    Dec 10, 2020

    I’m going to restock my beverages which is going to help me have enough stock in my bar during this festival season. I thank you so much for the loan.

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  • Mark    Dec 10, 2020

    The loan helped me expand my stock in my business as I target to have more stock of beverages during this festival season.

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  • Mark    Nov 29, 2020

    Thank you very much for the loan. I will use this money to order beverages for my bar to increase my stock. This will help me generate lots of profits as we head towards the festival season as a result increase my stock.

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  • Mark    Oct 23, 2020

    Thank you for the loan I really appreciate. I am going to restock my alcohol which is going to make my business grow.

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