33 installments • 61%
My name is Ruth Phiri a Zambian young lady and 22 years of age. Went to school and completed my high school. Due to lack of employment I created my job and which is a business for survival and a livelihood which I also support my family.
However am an entrepreneur and my focus is to grow my business big and become financially independent at last.
Am interested in Zidisha loans because I want my business to be boosted and become stable.
I have a salon business which is my source of income, in this business I plate hair, sell wig, nail cutting for ladies and painting. These are some of the services I provide to customers and I earn living out if it. The business is good and I generate good income.
In addition to that I also ventured into farming business which is my main source of income, I grow vegetables and maize ,through the farming business have generating good income sustainable able to support myself and family members.
The profit I make I use them for reinvestment in growing the business, home improvement and paying school for children. .
Am requesting for this loan to buy fertilizer, pesticides and other farming inputs to grow my vegetables very well. From my previous loan I have managed to buy a small portion of land that has made me to venture into vegetable farming because this time around farming produce are becoming highly profitable. Hence I want to double my income level to improve the standard of living of family.
I have strategically planned to be saving daily income which I make on weekly basis to ensure that the loan is repaid on time, since I make an income daily from the services I sell to my customers by plating their hair and other salon services, therefore I will be saving enough money to repay the loan weekly also by selling the vegetables.
May 8, 2021: Venturing in vegetable garden & maize farming
May 15, 2021
Cost to entrepreneur
Service fee: $20.41
Credit risk payment: $81.75