Supplying drinks to bars

Leya Ngwenya

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Leya Ngwenya

Location

Lusaka, Zambia

On-time repayments

13 weekly installments  •  46%

About Me

My name is Leya Ngwenya am a Zambian woman entrepreneur. Am a mother of 4 children. I completed my high school and I opted to do business and I did realize my dream. I started business by an inspiration by my Uncle who was a prominent business man in the Copperbelt province of Zambia. Am interested to borrow money from Zidisha because I want reinforce my business with income because of global economic constraints my business is facing at the moment.

My Business

I buy alcohol in bulk on wholesale and the resell it on retail price, I own a shop by COMESA main market within town. By buying more alcohol in bulk and resell on retail that is how I generate my source of income from the business of supplying alcohol. The profits I make I use them to build my business , pay shop rental, market levy, pay children school fee and home improvement.

Loan Proposal

Am requesting for this loan to increase more stocks of alcohol as demand keeps on increasing due to high consumption of alcohol drinks in bar and night clubs. The purpose for the increase of stock is to increase profits of my business. Therefore I want to take advantage of this opportunity to borrow and stocked up shop and supply more alcohol.

Income Source

I sell alcohol drinks both wholesale and retail on a daily basis and I make money every day, now that I have applied for this loan I have planned to save some money specifically to repay the loan, hence I will have no challenges as I make daily revenue.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.92

Date disbursed

Jun 2, 2021

Repayment status

Late

Projected term

2 weeks

Cost to entrepreneur

Service fee: 5% of $18.92 = $1.27

Credit risk payment: $6.62

Lenders

JessieD

Alexandria, Va, United States

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