Rice selling

Musonda Banda

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Musonda Banda

Member since

February 2021

On-time repayments

58 installments  •  74%

About Me

My name is musonda Banda, I stay in Lusaka city and am a down to earth person and I love making friends and accepting new challenges. Am currently doing rice business, I order from nakonde and reselling it. Am glad to be part of zidisha family and I trust this will help my business to grow and contribute positively to my community.

My Business

My income source usually comes from the business I do and this is why have joined zidisha hoping through this platform I will expand my business.

Loan Proposal

I intend to use the loan to expand my working capital so that I can get more rice to sell as am having a high demand at the moment.

Income Source

In case of economic hardship I will make sure I diversify or venture into other avenues which will enable me to make some profit and repay the loan.

Feedback

1

None

None

  • Heather    Mar 19, 2021

    Fast repayment. I'm glad to help Musonda expand the business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$33.02

Date disbursed

Feb 25, 2021

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $2.07

Credit risk payment: $5.80

Lenders

S

sanfransec

San Francisco, CA, United States

GD

Gail Davis

London, United Kingdom

Heather

United States

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Summary

Amount repaid

$33.02

Amount remaining

$0.00

Date repaid

Mar 14, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 7, 2021 $16.51 Mar 7, 2021 $16.51
Mar 14, 2021 $16.51 Mar 14, 2021 $16.51

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