Entrepreneur
Name
Richard
Member since
October 2015
On-time repayments
165 installments • 81%
About Me
I am Richard Siafwa. I am 52 years old. I have eight children. One has finished school but is lacking sponsorship. The other seven have not finished; they are just at home. Five are married. The other three are not yet married. One of these has finished school, and the other is in grade seven. I'm running a shop, but I would like to improve orders of my shop so that I can earn a better livelihood.
I was working for Zambia Railways in 2000, then with the money I got, I decided to start a shop because the wages were too low. I started the shop in 2003, and the shop is currently is open on daily basis. However, I am incapable to sell some products in the shop because I have lack of funds.
My Business
I sell drinks, cooking oil, salt, biscuits, soap, fabric, and other groceries. People use these things on a daily basis. I chose to have a shop because it is the fastest way to make money.
In a week, I may spend 1,000 kwacha. Once I sell those things, I will make about 200 extra.
I spend money on sending my children to school, farming, and buying more groceries to sell.
Loan Proposal
I will buy the same commodities that I usually do, but I will buy in bulk so that I will not have shortages of commodities. I should make about 350 kwacha (27 USD) in profit from this loan.
cooking oil - 11 USD/12 bottles
washing paste - 12USD/box
soda - 4 USD/crate
bath soap - 9 USD/box
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Dec 20, 2015
Repayment status
On Time
Projected term
18 months
Lenders
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Summary
Amount repaid
$147.88
Amount remaining
$0.00
Date repaid
Mar 15, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 27, 2015 | $1.88 | Dec 26, 2015 | $1.88 |
| Jan 3, 2016 | $1.88 | Dec 26, 2015 | $1.88 |
| Jan 10, 2016 | $1.88 | Dec 26, 2015 | $1.88 |
| Jan 17, 2016 | $1.88 | Dec 26, 2015 | $1.88 |
| Jan 24, 2016 | $1.88 | Dec 26, 2015 | $1.88 |
| Jan 31, 2016 | $1.88 | Dec 26, 2015 | $1.88 |
| Feb 7, 2016 | $1.88 | Dec 26, 2015 | $1.25 |
| Jan 4, 2016 | $0.63 | ||
| Feb 14, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Feb 21, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Feb 28, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Mar 6, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Mar 13, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Mar 20, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Mar 27, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Apr 3, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Apr 10, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Apr 17, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| Apr 24, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| May 1, 2016 | $1.88 | Jan 4, 2016 | $1.88 |
| May 8, 2016 | $1.88 | Jan 4, 2016 | $0.63 |
| Jan 10, 2016 | $1.25 | ||
| May 15, 2016 | $1.88 | Jan 10, 2016 | $0.63 |
| Jan 11, 2016 | $1.25 | ||
| May 22, 2016 | $1.88 | Jan 11, 2016 | $1.88 |
| May 29, 2016 | $1.88 | Jan 11, 2016 | $1.88 |
| Jun 5, 2016 | $1.88 | Jan 11, 2016 | $1.88 |
| Jun 12, 2016 | $1.88 | Jan 11, 2016 | $1.88 |
| Jun 19, 2016 | $1.88 | Jan 11, 2016 | $1.88 |
| Jun 26, 2016 | $1.88 | Jan 11, 2016 | $1.88 |
| Jul 3, 2016 | $1.88 | Jan 18, 2016 | $1.88 |
| Jul 10, 2016 | $1.88 | Jan 18, 2016 | $1.88 |
| Jul 17, 2016 | $1.88 | Jan 18, 2016 | $1.88 |
| Jul 24, 2016 | $1.88 | Jan 18, 2016 | $1.88 |
| Jul 31, 2016 | $1.88 | Jan 18, 2016 | $1.88 |
| Aug 7, 2016 | $1.88 | Jan 18, 2016 | $1.88 |
| Aug 14, 2016 | $1.88 | Jan 18, 2016 | $1.25 |
| Jan 25, 2016 | $0.63 | ||
| Aug 21, 2016 | $1.88 | Jan 25, 2016 | $1.88 |
| Aug 28, 2016 | $1.88 | Jan 25, 2016 | $1.88 |
| Sep 4, 2016 | $1.88 | Jan 25, 2016 | $1.88 |
| Sep 11, 2016 | $1.88 | Jan 25, 2016 | $1.88 |
| Sep 18, 2016 | $1.88 | Jan 25, 2016 | $1.88 |
| Sep 25, 2016 | $1.88 | Jan 25, 2016 | $1.88 |
| Oct 2, 2016 | $1.88 | Jan 25, 2016 | $0.63 |
| Jan 29, 2016 | $1.25 | ||
| Oct 9, 2016 | $1.88 | Jan 29, 2016 | $1.88 |
| Oct 16, 2016 | $1.88 | Jan 29, 2016 | $1.88 |
| Oct 23, 2016 | $1.88 | Jan 29, 2016 | $1.88 |
| Oct 30, 2016 | $1.88 | Jan 29, 2016 | $1.88 |
| Nov 6, 2016 | $1.88 | Jan 29, 2016 | $1.88 |
| Nov 13, 2016 | $1.88 | Jan 29, 2016 | $1.88 |
| Nov 20, 2016 | $1.88 | Jan 29, 2016 | $1.25 |
| Feb 3, 2016 | $0.63 | ||
| Nov 27, 2016 | $1.88 | Feb 3, 2016 | $1.88 |
| Dec 4, 2016 | $1.88 | Feb 3, 2016 | $1.88 |
| Dec 11, 2016 | $1.88 | Feb 3, 2016 | $1.88 |
| Dec 18, 2016 | $1.88 | Feb 3, 2016 | $1.88 |
| Dec 25, 2016 | $1.88 | Feb 3, 2016 | $1.88 |
| Jan 1, 2017 | $1.88 | Feb 3, 2016 | $1.88 |
| Jan 8, 2017 | $1.88 | Feb 3, 2016 | $0.63 |
| Feb 9, 2016 | $1.25 | ||
| Jan 15, 2017 | $1.88 | Feb 9, 2016 | $1.88 |
| Jan 22, 2017 | $1.88 | Feb 9, 2016 | $1.88 |
| Jan 29, 2017 | $1.88 | Feb 9, 2016 | $1.25 |
| Feb 23, 2016 | $0.63 | ||
| Feb 5, 2017 | $1.88 | Feb 23, 2016 | $1.88 |
| Feb 12, 2017 | $1.88 | Feb 23, 2016 | $1.88 |
| Feb 19, 2017 | $1.88 | Feb 23, 2016 | $1.88 |
| Feb 26, 2017 | $1.88 | Feb 23, 2016 | $1.88 |
| Mar 5, 2017 | $1.88 | Feb 23, 2016 | $1.88 |
| Mar 12, 2017 | $1.88 | Feb 23, 2016 | $1.88 |
| Mar 19, 2017 | $1.88 | Feb 23, 2016 | $0.63 |
| Mar 7, 2016 | $1.25 | ||
| Mar 26, 2017 | $1.88 | Mar 7, 2016 | $1.88 |
| Apr 2, 2017 | $1.88 | Mar 7, 2016 | $1.88 |
| Apr 9, 2017 | $1.88 | Mar 7, 2016 | $1.88 |
| Apr 16, 2017 | $1.88 | Mar 7, 2016 | $1.88 |
| Apr 23, 2017 | $1.88 | Mar 7, 2016 | $1.88 |
| Apr 30, 2017 | $1.88 | Mar 7, 2016 | $1.88 |
| May 7, 2017 | $1.88 | Mar 15, 2016 | $1.88 |
| May 14, 2017 | $1.88 | Mar 15, 2016 | $1.88 |
| May 21, 2017 | $1.88 | Mar 15, 2016 | $1.88 |
| May 28, 2017 | $1.88 | Mar 15, 2016 | $1.88 |
| Jun 4, 2017 | $1.88 | Mar 15, 2016 | $1.88 |
| Jun 11, 2017 | $1.88 | Mar 15, 2016 | $1.88 |
| Jun 18, 2017 | $1.88 | Mar 15, 2016 | $1.88 |
| Jun 25, 2017 | $1.63 | Mar 15, 2016 | $1.63 |
Margaret Dec 29, 2018
Richard Jan 9, 2019
Mary Oct 12, 2017
Richard Jan 9, 2019
Margaret Oct 12, 2017
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