To buy stock of fireworks for New Year's celebration

Philip Nthani

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Philip Nthani

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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$167.78

Date disbursed

Dec 27, 2020

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $10.23

Credit risk payment: $30.70

Optional expediting fee: $20.47

Lenders

cyrus0302

San Francisco, United States

lietu

Tallinn, Estonia

DeanDropshot

Oslo, Norway

L

Lucy2012

London, United Kingdom

G

glomardor

Leonardtown, United States

S

SvenWaage

Stavanger, Norway

8

8chrono8

London, United Kingdom

mortenmost

Oslo, Norway

L

Leonora

TÄBY, Sweden

soniad

Dubai, United Arab Emirates

M

moodystreet1

United States

A

Anonymouse

Netherlands

Dave Bogard

New York, United States

Kristin Rhodes

Kansas City, Kansas, United States

moursund

Beaver Nation, United States

C

cota

United States

ME

Manaal Eisa

Washington DC, United States

Mark Grey

Redding, CT, United States

Rory McLaughlin

Dallas, United States

M

Maiia

United Kingdom

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

LM

Lee Montecucco

Washington State, United States

Ryan Agnew

Australia

DO

Denis Ontiveros

Guildford, United Kingdom

EA

Eric Ayers

Atlanta, United States

M

Mika

Switzerland

CJ

Carrie Jean

United States

C

Camm

Australia

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

United States

CL

Caleb Liu

United States

MC

Mike Cormack

Vancouver, Canada

MN

Mike Newhof

Grand Rapids, MI, United States

CG

Chris Greene

Birmingham, AL, United States

FS

Finlay Stuart

United Kingdom

T

Timo

Germany

W

Wim

Deventer, Netherlands

B

Bharat

Princeton, United States

SS

Sabrina Shuss

United States

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

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