Inventory for vegetable restaurant business
Mailesi
Chipata, Zambia
9% repaid
Entrepreneur
Name
Mailesi
Member since
August 2016
On-time repayments
74 installments • 45%
About Me
I am a very hard working Zambian lady aged 35, divorced with one daughter aged 12, it is really painful living a lonely and hard life. I grew up in a very difficult life style and environment, totally without education - life was very difficult until ignorantly got impregnated at a very tender aged, and life was not easily attained. And I was married to another man. The family life became difficult - without financial support from the husband, I had to start a business selling vegetables for me to take my child to school from grade 1 to grade 6 now. Life became difficult for me and my child, had it been not for the small business i have been doing, I don't know how life would have been.
I like listening to gospel music for encouragement and exhortation.
My Business
I was inspired to start business by my auntie who is a successful business woman. I started business after was faced with difficulties in paying my daughters school fees. I started at a small scale selling vegetables and cooking oil, and from this business I managed to pay my daughter's school fees and sustain my family. My business is steadily growing from selling vegetables; After Zidisha has funded my second loan I managed to expand my business- I opened a restaurant in the city main market. It is a very busy trading place. And food is always on high demand.
With my third loan I want to boost my my vegetable and restaurant business.
The Budget for the boost of a restaurant and vegetale business is as follows:
1. Restaurant furniture @ $120
2. Cooking utensils @ $100
3. Vegetables @ $50
4. Transport @ $30
This business will bring in more profit on a daily basis due to high demand of food in our newly declared city. I am expecting 55% increase in profits. And this business will greatly help me continue sending my only child to school and sustain my family which is constantly visited by extended family members.
Loan Proposal
I will use my loan to buy enventory for my Vegetable and restaurant business!
1. Furniture @ $120
2. Restaurant Untisels @ 100
3. Vegetables @ $50
4. Transport @ $30
This business will bring a great change in my family, especially for my school going child, who is writing her grade 7 exams this year.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$367.00
Date disbursed
Sep 1, 2017
Repayment status
Late
Projected term
7 months
Other loans
Lenders
United Kingdom
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Margaret Aug 21, 2017
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