Shop restocking

Beauty

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Beauty

Member since

January 2021

On-time repayments

24 installments  •  38%

About Me

My names are Beauty Luchendo. I was born in 1975 and completed my secondary school education and proceeded to do a course in business administration.
Upon completion of my course, i worked for a NGO (World vision) for 3 yrs and when my contract ended thats the time i decided to start a business.
In my community everyone is a brothers keeper such that when certain opportunities come, people get to be informed about it.
I have 2 children and they are all grown up and working.

My Business

I run a business of a shop at my house where i stock charcoal, foodstuffs like potatoes, dry fish, dry kapenta, eggs and groceries. this type of business is useful because almost everyone in my community need them and because the market is far from where we live, most people come to my shop for the supplies.
The money i make from selling is reinvested in the business and 20% of daily sales i keep in my account.the business is also helping to build my house and daily upkeep.

Loan Proposal

when i receive the loan, i want to restock my shop specifically groceries. am benefiting from this loan in the sense that am able to supply the commodities that people want in my area thus satisfying my customers and more sales at the end of the day.
I expect my profit to increase at least by 20%.

Income Source

Since my shop is the only shop in the area, i get support from almost everyone in the community as they all come to buy from me most of the time thus more sales.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Jan 27, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Urszula

United Kingdom

Ask Beauty a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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