To buy stock of fireworks for New Year's celebration
Philip
Lusaka, Zambia
100% repaid
Entrepreneur
Name
Philip
Member since
September 2020
On-time repayments
18 installments • 67%
About Me
Am Philip from Lusaka, although i have lived in Choma, Chingola, Kitwe & Kapiri before. I have been unlucky finding work/ employment in that i mostly just work for a year or 2. Until i started my own business back in Choma & moved it into Lusaka where i am now.
I understand i can only progress if i take risks, hence i need to increase my business by 110%.
Currently my business has been steadily growing because of the loans i have been getting from ZIDISHA, am a living testimony of how ZIDISHA is slowly changing my business.
My Business
My business is mostly trading, i sale groceries & am hoping to open a Bar if i can raise enough capital.
Loan Proposal
As its the festive season, i intend to use all of this money to buy primarily fireworks as they are being bought like hot cakes. I have a supplier coming in next week with new stock and really need to buy for the new years celebration, hence my application for this loan at this time.
Income Source
The inventory i intend to buy has a wide & big market at the moment and i intend to repay this loan within the next 2 - 3 weeks tops. As alot of people are buying fireworks and the economic situation seems not to affect this business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$167.00
Date disbursed
Dec 27, 2020
Repayment status
On Time
Projected term
4 weeks
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