To buy a see-through upright fridge to store and display drinks

Happy Simwanza

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $142 goal

0

days left

Entrepreneur

Name

Happy Simwanza

Member since

February 2021

On-time repayments

7 installments  •  71%

About Me

My name is Happy Simwanza, I live in mandevu area of Lusaka with my mother and siblings. I am the first born in the family and as the man am responsible of taking care of my siblings. I started my business of selling alcohol in a small booth after I completed school then I grew the business into a bigger shop.

My Business

I own a liquor store so i sell assorted alcohol starting from ciders, lagers,wines to whiskeys. My business is at peak during the weekends as that's the time people want to relax over a beer after the long tiring week. I often close at midnight when it's during the weekend because customers are a lot.

Loan Proposal

I need to buy an upright fridge that I can be storing some ciders ,wine , soft drinks and water. The whiskey and other dry alcohol don't need a cold environment so I usually just store at room temperature.

Income Source

Inspight of the economic climate it's my responsibility to have the loan repaid ,I invest the loan in the business so that I can generate profit to repay my loan and also my savings.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$142.11

Date disbursed

May 12, 2021

Repayment status

Late

Projected term

2 weeks

Cost to entrepreneur

Service fee: $8.87

Credit risk payment: $24.90

Optional expediting fee: $17.81

Lenders

Hope2012

United Kingdom

D

Divergent

Bethesda, United States

B

bileiro

Mandaluyong, Philippines

W

WinWinNL

The Hague, Netherlands

Dave Bogard

New York, United States

Ren

Minneapolis/StPaul, United States

hervey liu

United States

Adam Fraser

Cambridge, United Kingdom

M

MFarrell2008

United States

S

Sam

New Zealand

T

Tim

Netherlands

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  • Happy Simwanza    May 10, 2021

    Thank you for funding my loan !

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  • Happy Simwanza    Apr 29, 2021

    I am really thankful for the loan,I made some orders for the drinks even though the supplier delayed to deliver I restocked my liquor shop and I sold very well p

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  • Happy Simwanza    Apr 20, 2021

    I am using the money I currently have to make bulk orders for the shop as most of the liquor is done but after a good sell I will clear the balance soon

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  • Happy Simwanza    Apr 4, 2021

    Hi lenders thank you for funding my loan

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  • Happy Simwanza    Mar 1, 2021

    Hello Dear Lenders thank you so much for funding my loan :-)

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