Lovemore
Lusaka, Zambia
100% repaid
Name
Lovemore
Member since
July 2017
On-time repayments
85 installments • 26%
My name is Lovemove Mushaba the third born i family of five.I completed my school level and obtained good results waiting to go into University after raising enough funds help me pay for tuition.I grew up with my mother in the rural set up i country were life is not easy for one pull through.After my high school i went through a chain of hardships and eventually managed to raise money to the business of distribution of Pepsi soft and Coca cola drinks in our community.Hence after hearing of zidisha i got interested to apply for a small loan to boast my of distributing drinks.Our country is unique because its is peaceful and of rich in natural resources.In future i would like my children to find it easy in life and go school freely without lacking anything.This is the reason why i want to work extral hard to improve the well being of life and the family.
I Supply pepsi drinks which i order and distribute to shop owners in our community and at the market places.Our area since is the outskirt of town drinks are very scarce and the demand is very high because people find it difficult to walk long distances just to buy drinks.This business cost me now ZMK 3500.00 excluding transport.Transport cost me ZMK 600.00, Hence turn over is very good because am the only one that provide and distribute drinks trusted by the dealer of the product.However for the second loan i want to expand the shop for stock stocking other products which will increase my turn over and grow the my business this summer season when these goods very fast .
i needed at least USD 100 to order more soft drinks to increase profits and avoid eratic supply.Since am the only distributor turn will be increased.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$62.00
Date disbursed
Jul 12, 2017
Repayment status
On Time
Projected term
4 weeks
Other loans
Amount repaid
$61.67
Amount remaining
$0.00
Date repaid
Aug 4, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 21, 2017 | $11.15 | Jul 20, 2017 | $11.15 |
Jul 28, 2017 | $22.30 | Aug 2, 2017 | $22.30 |
Aug 4, 2017 | $22.30 | Aug 4, 2017 | $22.30 |
Aug 11, 2017 | $5.91 | Aug 4, 2017 | $5.91 |
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