Selling of cutlery in my shop

Kennedy

Chingola, Zambia

100% repaid

Entrepreneur

Name

Kennedy

Member since

December 2020

On-time repayments

5 installments  •  60%

About Me

Kennedy Bwalya is my name. I come from a family of 6 , three boys and three girls and the fourth born. I did my primary education at chikola in chingola then later finished my secondary edcuation at luwingu boarding school. At the time i was completing secondary school my father who was miner his contract expired and was not renewed. This became a challenge as there was no money to go college. I aksed for some capital from my family to start business and raise money for college and thats what am doing right now.

My Business

After there was a challenge of finding college fees, I asked for help my my family members who helped me with capital to start my own business. So I started selling groceries but now I sell household items , tables, carpets and so on. I have also enrolled for online studies where I am doing a business course. If am helped with enough capital I can do wonders.

Loan Proposal

I am applying for this loan so that I order new cutlery(knives,folks, spoons etc) for sale in my shop. I have a shop where I sell mainly household items such as carpets, tables, chairs, picture frames etc
My items are on demand hence business is booming but I have little capital. The benefit from this loan is that my profit will increase.

Income Source

Apart from selling in my shop I also have a mobile money booth within town centre so if the business faces risks, I can still get some money to repay from my other option.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Jan 13, 2021

Repayment status

On Time

Projected term

1 week

Lenders

JE

Jason E

United Kingdom

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