Restocking paints, cables, etc., for my hardware business
Kennedy
Lusaka, Zambia
100% repaid
Entrepreneur
Name
Kennedy
Member since
November 2016
On-time repayments
151 installments • 32%
About Me
My names are Kennedy Shandulwa Mulube, aged 25. I grew up as an average kid raised by my mum and dad, who were both doing business: mum was a hairdresser and my dad is a tyre seller.
- I did my grade 1-7 school at Buma Basic School and 8-12 at Nyimba High School.
- When my mum died in 2014, things became hard home since she was the chief provide[r of the] home, and by then I was about to write my exams so I deferred them.
- I got inspired by my mum and my dad, who raised us with business, so when things became hard I realized I had to see things on the different picture, so I had to think which business was truly best for this area. I thought of hardware, which is kind of unique and that's how I started my business.
- The area is high density and some time back people used to go to town just to buy building utensils, and now I brought the goods near their homes.
- I play chess in my leisure time.
My Business
I sell building utensils and electrical equipment.
- The area is high density and the business of hardware is kind of unique, and I have been running it in the same area for a long time now so the place is well known.
- It [the business] has high profit and it's unique.
- I use the profits I make to feed my family, and l also provide transport for my two young brothers.
Loan Proposal
I want to buy more goods in my shop and I want to order those things that I haven't been ordering lately. Because what I recently observed is that at times people will be coming to my shop asking for what I don't have, so I'll have no other choice except to go and get [items] from one who is doing my business nearby.
I want to buy 4 tin paints (5 litres) and each costs $15. I also want to buy widow part box which is $15 and there are 20 packets, so I sell them at $1.20 each. And I also want to buy electrical cables (red, black and green): each costs $20. I want to buy electrical adapters 1*10 and each costs $2 and I sell these each for $5. I also want to buy cooker plats 1*10 and each costs $2 and I sell them at $4 each. I want to buy wire nails: 15kgs costs $30 and I sell them at $5 per kg. I want to buy iron sheet nails, which costs $30 for 10 kg.
About Me
my names are Kennedy shandulwa mulube aged 25, I grew up as an average kid rises by my mum and dad who were both doing business, mum was a hair dresser and my dad is a tyre sellers.
-I did my Grade 1-7 at buma basic school and 8-12 at nyimba high school.
-when my mum died in 2014 things became hard home since she was the chief provide home,and by then I was about to write my exams so I deferred them.
-I got inspired by my mum and my dad who rises us with business so when things became hard I realized I had to see things on the different picture so I had to think which business was truly best for this area and thought of hardware which is kind of unique and
that's how I started my business.
-the area is high denser and some time back people use to go to town just to buy building utensils and now I brought the goods near their homes.
-I play chess a my leisure time.
My Business
I sell building utensils and electrical equipments. -the area is high denser and the business of hardware is of kind of unique, and have been running it in the same area for a long time now so the place is well known.
-it had high profit and its of unique.
-I use the profits I make to feed withy family and l also provide transport for my two young brothers.
Loan Proposal
I want to buy more goods in my shop by and I want to order those things that I haven't been ordering lately. Because what recently observed is that they at times when people will be coming to my shop asking what I don't have,so I'll have no other choice except to go and get from one who is doing my business near by.I want to buy 4 tin paints 5litres and each costs $15 and I also want to buy widow part box which is $15 and there 20 packets,I sell $1.2 each.And I also want to buy electrical cables red,black and green each costs $20 and I want to buy electrical adapters 1*10 and and each costs $2 and I sell these each $5 and I also want to buy cooker plats 1*10 and each costs $2 and I sell them at $4 each,and I want to buy wire nails 15kgs costs $30 and per kg I sell $5 and I want to buy iron sheet nails which costs $30 10 kg.
Feedback
Positive
None
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$310.00
Date disbursed
Jul 29, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$310.17
Amount remaining
$0.00
Date repaid
Oct 27, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 5, 2017 | $24.27 | Aug 5, 2017 | $24.27 |
| Aug 12, 2017 | $24.27 | Aug 14, 2017 | $24.27 |
| Aug 19, 2017 | $24.27 | Aug 18, 2017 | $24.27 |
| Aug 26, 2017 | $24.27 | Aug 26, 2017 | $24.27 |
| Sep 2, 2017 | $24.27 | Sep 2, 2017 | $24.27 |
| Sep 9, 2017 | $24.27 | Sep 10, 2017 | $24.27 |
| Sep 16, 2017 | $24.27 | Sep 16, 2017 | $24.27 |
| Sep 23, 2017 | $24.27 | Sep 24, 2017 | $24.27 |
| Sep 30, 2017 | $24.27 | Oct 1, 2017 | $24.27 |
| Oct 7, 2017 | $24.27 | Oct 8, 2017 | $24.27 |
| Oct 14, 2017 | $24.27 | Oct 15, 2017 | $24.27 |
| Oct 21, 2017 | $24.27 | Oct 22, 2017 | $24.27 |
| Oct 28, 2017 | $18.95 | Oct 22, 2017 | $7.51 |
| Oct 27, 2017 | $11.44 | ||
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