Transporting pineapples to market

Faustina

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Faustina

Member since

May 2020

On-time repayments

25 installments  •  48%

About Me

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.

My Business

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.

Loan Proposal

I still need to transport the pineapples to market, i need enough funds to help me hire 16 tone truck to transport more pineapples to market.The pineapples will help the juice making factories have their goods in good time for the production of juice.

Income Source

Despite the current situation factories are still making juice for sale to the public and pineapple being a good food source of vitamin C is highly consumable and on good demand.Its market has not been affected and this time the demand has gone up giving a indication to generate more income.

Feedback

1

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None

  • Sebastian    Aug 26, 2020

    Everything went well and i was glad i could help a little bit! Kind regards

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Aug 27, 2020

Repayment status

On Time

Projected term

2 months

Lenders

JH

Joseph Hwang

Houston, United States

A

Anonymous

United States

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Summary

Amount repaid

$47.40

Amount remaining

$0.00

Date repaid

Oct 18, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 6, 2020 $15.84 Sep 5, 2020 $15.84
Sep 13, 2020 $15.84 Sep 5, 2020 $3.21
Sep 12, 2020 $12.63
Sep 20, 2020 $3.21 Sep 12, 2020 $3.21
Sep 27, 2020 $0.00
Oct 4, 2020 $0.60 Oct 16, 2020 $0.60
Oct 11, 2020 $0.60 Oct 16, 2020 $0.60
Oct 18, 2020 $0.60 Oct 16, 2020 $0.44
Oct 18, 2020 $0.16
Oct 25, 2020 $0.60 Oct 18, 2020 $0.60
Nov 1, 2020 $0.60 Oct 18, 2020 $0.60
Nov 8, 2020 $9.52 Oct 18, 2020 $9.52

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