Rice for resale

Mulenga

Kalulushi, Zambia

55% repaid

Entrepreneur

Name

Mulenga

Member since

August 2017

On-time repayments

36 installments  •  56%

About Me

Hello, am Mulenga Mumbi, and am 26 years. Am from kalulushi district in the copperbelt province.

I am a nurse by profession, and also a business lady, the loan am applying for will be used to buy rice for resell, after looking at the effects the corona virus has brought, food is number one for many people now, these resells will give good profits.

Am looking forward to grow with Zidisha...

My Business

Am into business of selling clothes...i choose this business cause everyone wants to look good.....

I have received good response in the business.
It helps take of the needs of my family and my needs too.

I look forward to grow this business

Loan Proposal

This loan will be used to buy rice in bulk for resell in small amounts, each bag will k550.00 plus Transport k170.00 from Mongu Western Province. This bag of Rice will give me about k475.00 profit after sells.

So this will enable me to pay my loan on time, and adding some money from my other business, I'll be able to get two bags.

Income Source

In this period of the corona virus, people are spending more money on food and healthy products, I will be able to use this opportunity to grow my business in providing the much needed stock, and start reselling small packages for everyone to afford to buy.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Aug 1, 2020

Repayment status

Late

Projected term

3 months

Lenders

JimVandegriff

Trinidad, California, United States

M

Mike

Wyncote, United States

Edwin Torres

Santa Ana, Calif., United States

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