Faustina
Lusaka, Zambia
20% repaid
Name
Faustina
Member since
May 2020
On-time repayments
25 installments • 48%
My name is Faustina Bwalya am a business young I was born on 23rd July; 1997. I went to Matero Girls Secondary School where I completed my high school passed with flying colors. The following year upon completion I got a part-time job as a cashier and started raising money to go to college. Due to high tuition fees at the time I decided to venture into trading with agriculture produce.
Am a trade of agriculture produce, I sell vegetables, maize, beans, tomatoes, onions, and carrots. The demand is very high more especially in a chain store and mini supermarkets. I choose this business because it has a profit margin and earns a good income within a short time. I spend K 15000 to order all the goods needed and I make K 5000-K 7000.00 as revenue. Therefore the profits I use them for home improvement, business expansion and save the money for school tuition fees.
For this loan i would to buy the following materials for the construction of a house.
1. 2000 Building blocks
2.building sandy
3.20 pockets of Cement
4.30 boxes of floor tiles.
If I build a house it will help my family to live comfortably and own accommodation.
I have plenty of pineapple and i need to transport to market them for sale. The profits made will be used to repay the loan and buy other house materials.
This is a good season to market the pineapples and the demand is very high in market places for customers to buy. This pineapple fruit is profitable especially juice making manufacturing companies. In a weeks time once i have the funds to find transport to market them i sale them very fast and repay the good in time.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$163.00
Date disbursed
Nov 19, 2020
Repayment status
Late
Projected term
3 months
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Sebastian Aug 26, 2020
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