Funds to increase beverage stock

Sarah

Lusaka, Zambia

153% paid forward

Entrepreneur

Name

Sarah

Member since

July 2022

On-time repayments

2 installments  •  50%

About Me

Am Sarah Kabaso , I come from a humble background. I started my primary school at Kanyama A primary where I did my grade 1 to 7 and I was awarded a junior certificate and qualified to grade 8 at Kabulonga Girls were I completed my grade 12 and obtained a good school certificate.
After completing my grade 12, things for me became sour as I lost both parents in a roll and my dreams were shattered for some time.
Despite the hardship I went through after the death of my parents I still remain determine that I will pursue my academic career in business studies.
I was one adopted at one of the orphanages were I sponsored to study business management and accounts.
Today I hold a Diploma in Business Administration and Accounts and due to jobs that are scarce nowadays, I have opted to engage myself in business entrepreneurship to start earning a living and improve my life and that of 3 siblings who are still going to school at the moment.
I live in a compound set up and most people have their on way of doing things because of having different beliefs and cultural norms.
I have desired to work hard to ensure that my children don't go through the hardship I went through as I was growing as a child. My hobby is cooking and travelling

My Business

I have a shop at COMESA Market in the central business of town in Lusaka, I sell beverage drinks of different types, I supply these goods in restaurants, grocery shops, takeaways, supermarkets and liquor shops because of consumption is very high. The business of beverage drinks is in demand and the market is readily available to buy for consumption. I choose this nature of business it is highly profitable and am able to generate profits within the short period of time.
Due to high demand am in need of financial support to help me stock more drinks so that I could earn more profits in the near future and expand my business.
The typical cost for Kombucha ginger drinks is K 150 per crate, for 200 crates it cost me K 30,000 and I sell K 250 per crate, after selling them as coca cola drinks, Melinda, Pepsi drinks and many other drinks when required by the customers.
E.g. for 200 crates I generate the profit K 20,000. Hence the profits made I use them for reinvestment, support my siblings at school by paying them school fees and home improvement.

Project Proposal

With the funds I would to fundraise with this loan, I want to buy beverage stock worth K 30,000.
Kombucha ginger drinks which is moving very fast , Melinda, Pepsi and coca -cola drinks to supply as demand has increased. The clients or my customers will have enough stocks to sell from their outlets and hence generate and increase more profits for my self and and grow the business.

My Videos

Jul 4, 2022: Business lady involved in supplying beverage drinks

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$13.00

Date disbursed

Jul 7, 2022

Other projects

Backers

Christine

Lusaka, Zambia

Justine

Mufulira, Zambia

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Payments Forward

Amount returned to the platform for this project

$13.71

Pay It Forward Projects funded by Sarah

$21 (1 Project)

Projects funded by Sarah's Pay It Forward recipients

$0 (0 Projects)

Sarah paid it forward to: