Susans grocery business

Susan

Choma, Zambia

100% repaid

Entrepreneur

Name

Susan

Member since

October 2016

On-time repayments

115 installments  •  68%

About Me

my name is susan hankope.iam 51 years old.i was born in choma.i was born in a family of nine and im the sixth born.iam married and i have six children.my husband is a bricklayerer.i got married in 1988.iam a business woman.i have a small shop right in front of my house where i sell groceries.this has helped me and my husband to take care of our family.i went to school at mmabo primary school and i went to jembo secondary school.Last year i took a loan from zidisha to boost up my business and it has really helped me.my customers are so happy for me.so far i have got three loans from zidisha. This is my fourth loan application

My Business

i have small shop in front of my house where i sell groceries.i have had the shop for years.the items i sell in my shop are bread,milk,sugar,soap,lotions,biscuits and juice.i order these items in wholesale shops in town.sugar i order at $24 a case of 20 packets and i sell at $260 a case of 24 packets.bread i order a loaf at 7cents a loaf and i sell at $1 a loaf.milk i order at $6 a case then i sell at $8 a case.these items are marketable bacause my area is a bit far from town so people come to my shop alot.So far my shop has improved a lot since my last loan taken from zidisha.im very grateful because this business is helping me take care of my family.i have expanded my shop and i still want to expand it.am still applying for another loan because im interested in growing my business.With the profits i made from my last loan i was even able to help fund my daughters wedding.My husband and i have embarked on a building project.We are building a small house behind our main house to put up for rent.

Loan Proposal

when i get the loan il order 3 cases of sugar at $24 a case of 20 packets and il sell at $260 a case of 24 packets.il also order bread,bread i order a loaf at 7cents a loaf and i sell at $1 a loaf.il order 4 cases ofmilk,milk i order at $6 a case then i sell at $8 a case.il alos order 3 cases of juice,juice i order a case of six containers at $ 1.5 and i sell at $2.3.these items are marketable bacause my area is a bit far from town so people come to my shop alot

Feedback

5

None

None

  • David    Apr 28, 2019

    Loan was originally scheduled to take two months. Regular payments were received early in the loan, with a single large payment finishing the loan after five months.

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  • Mary    Apr 24, 2019

    Hello Susan, thank you for repaying your loan. It was a pleasure to support your business again and I wish you continued success.

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  • Margaret    Nov 6, 2018

    The loan was paid off in a timely manner Thank you!

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  • Margaret    Oct 12, 2017

    Susan paid her loan off perfectly, I would gladly lend to her again and encourage others to do the same.

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  • Margaret    Mar 12, 2017

    Susan paid her loan back perfectly and was a pleasure to work with. I would gladly lend to her again and encourage others to do the same.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$177.00

Date disbursed

Oct 18, 2016

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

R

Ralf

Germany

A

Anonymous

United States

M

Margaret

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

Ask Susan 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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  • Jesper    Sep 11, 2019

    Susan has promised to start resume repayment soon.

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  • Susan    May 27, 2019

    Business is slow now.

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  • Susan    May 10, 2019

    Hi Zidisha,
    How long can one WAIT to have the funds if the loan has been expertise, because its now 2 weeks and a day just waiting but nothing up to now.
    Then what is the purpose of getting it on expertise option???
    Am so confused now.

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  • Susan    Apr 25, 2019

    Am so grateful for your assistance and I will repay on time.

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  • Susan    Apr 24, 2019

    With the previous I have been able to buy farms inputs and pay for my grand children school fees.
    Again, with this one,I need to use for buying sheets for the house and be able to repay on time.

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  • Jesper    Mar 9, 2019

    Susan has promised to start paying back her loan on Tuesday

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  • Susan    Dec 19, 2018

    Dear Lenders,
    At the moment my business seems to be going slow and I will try to finish this loan on time.
    Kind regards,
    Susan Hankope.

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  • Susan    Dec 8, 2018

    My business is going slow at the moment.

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  • Susan    Nov 14, 2018

    Hello,
    Thanks,I need to buy some bags of fertilizer as I have already prepared the piece of land to plant maize.
    Best regards,
    Susan Hankope.

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  • Mary    Nov 13, 2018

    Hello Susan, I am sending you the amount still needed. As always, I wish you lots of success.

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  • Margaret    Nov 6, 2018

    Good Luck Susan with your new loan!

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  • Susan    Nov 6, 2018

    Hello,
    Thank you for the funds and I have used the loan purposely as I needed it for and I can see the progress coming up in my business. I have come again with another loan request and I hope you will be willing to assist me with the funds as previously did.
    May God bless you richly.
    Best regards,
    Susan Hankope.

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  • Susan    Aug 9, 2018

    dear Margaret and Mary thanks for the best wishes.im grateful.To the other lenders i want to say thank you so much for supporting my business,im grateful

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  • Mary    Aug 1, 2018

    Hi Susan,
    since your last loan request Zidisha introduced credit risk payments. See www.zidisha.org/forums/4
    Credit risk fees vary and are not the same for all borrowers. If funded, the credit risk payment for your current loan will be about 30% plus the usual service fee of 5 %. Seems you haven't taken this into consideration when caculating the funds needed.

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  • Mary    Aug 1, 2018

    Hi Susan,
    happy to support your new project. Best wishes and lots of success.

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  • Susan    Jul 8, 2018

    dear lenders.Im very grateful for the loan i just completed with zidisha.it was my 3rd loan.After investing my loan in business,i was able to raise money to even help with my daughters wedding.she got married in April.I have continued with my shop business as well as building a small house that i will put up for rent.My husband is a builder so i do not have to pay someone to build.am looking forward to my next loan

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  • Susan    Feb 17, 2018

    Dear lenders thank you for funding me.il use the money to buy cement for my building project.its not the amount i requested but it will go a long way.

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  • Susan    Jan 24, 2018

    dear leanders.i have noticed that last time my loan expired without funding and even now its been on 1% for a week.what could be the problem?please advice me

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  • Susan    Jan 9, 2018

    my zidisha loan has been very helpful.am so grateful to the person that introduced me to zidisha.my business has grown.right now am even building a small house behind my yard so that i can put it up for rent and earn extra income.thank you so much zidisha.God bless you

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