Peggy
Lusaka, Zambia
$0 to go
100% funded of $12 goal
0
days left
Name
Peggy
Member since
August 2017
On-time repayments
10 installments • 0%
Dear Lenders, my name is Peggy Musumuko. I am a Zambian young Lady that is hard working and i was born in a family of 5. I started this business of selling bread in the streets from the bakeries and now i own my own shop as an outlet for bread from the bakeries. And i also supply supermarkets like spar with Fresh Fish and Meat i receive from our farm. And this business has been helping us a lot as a family and i really depend on this business for everything we need in our family and i am just disciplined to avoid over spending so that the capital remains intact. But i am having serious challenges of spending for the medicine for my Grand Mother suffering from cancer and i want to increase my working capital so that i don't go down. I am trying to make sure i also expand and reinvest into some other businesses. Well, i like spending my little time singing in choir at church on sundays afternoon after main service. And i would also like to view our tourist attraction places when i am free and everything in place.
I running my own outlet for bread from the bakeries and they deliver at my shop early in the morning for my customer to buy on wholesale and retail. I have different types of bread, like buns, cream doughnuts, scones etc. And i have continued giving my bread to some guys to sale in the streets where i started from. Bread is on demand because everyone buys for the family breakfast. I choose this business because i was once working in the bakery when i just completed my high school.
I am applying for only $30 for the increase in my capital for my bread business to be boosted up. This will make me stop having the challenges on expenses for my grandmother's medical bills. And i will even manage to pay for my tuition fees so that i can further my education and i will do business studies. And my profit will increase massively by $400 every month from $200.
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Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Aug 3, 2017
Repayment status
Late
Projected term
2 months
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