Stock for my grocery shop

Samuel

Ndola, Zambia

100% repaid

Entrepreneur

Name

Samuel

Member since

October 2016

On-time repayments

76 installments  •  86%

About Me

I’m Samuel Mwale from Ndola, Zambia. I was born on 10th October,1987 . I did my schooling in Ndola Copperbelt at Kansenshi High School. Am currently pursuing further studies in Power Electrical and engineering.
I’m a passionate, optimistic . My optimistic and planned approach in things I do is what driving me towards my success.
As how I strive for perfection in things, I expect the same from others as well. If things go out of control or go way out of track,
am a very dedicated man who is very serious with whatever i deal with so that i can excel in life in future

My Business

My business is into supplying of food stuffs on retail basis
i supply things like food materials and cosmetics. My source of income is not only dependent on this business but on other things which i do(work)
I use the profits on tuition fees and also improving and expanding my business i,e buying new items. the goods i supply are macoron, conflakes, salad, sugar, milk, potatoes, etc.
the approximate amount of money generated from my is (K4,000) per month and the profits are spent on buying new things. I also do some piece of work in power electrical and engineering which is another source of income.

Loan Proposal

I want to add to my capital so that I can be able to buy and order more goods for my shop,right now I have a financial challenge and am unable to grow my business.With this loan my business will expand and be able to add different types of goods to the ones right now in stock.

Income Source

I do other jobs as well which can support me repay the loan incase my business was forced to shut down in the coming days. I can use some of my monthly earns to repay from the job I do.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$152.00

Date disbursed

Apr 6, 2020

Repayment status

On Time

Projected term

3 months

Lenders

JimVandegriff

Trinidad, California, United States

Bobrm2k3

Charleston, United States

L

Liz

Nowra, Australia

J

Netherlands

M

Melissa

United States

Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Samuel    Jul 3, 2020

    Right now that's the amount I can afford, the cash flow is low these days

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  • Chiozya    Jul 1, 2020

    Hello Lenders,

    I just spoke with Samuel and he explained to me that he has made a payment towards his loan. Thank you.

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  • Samuel    May 29, 2020

    I want to afford paying back without difficulties because cash flow is slow these days towards my business. With that amount I will manage smoothly and remain with something to use at the same time.

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  • Samuel    Apr 20, 2020

    As at now am yet to start making sales, the business have ventured in will take me some weeks to start making sales and profit.Am only relying on the savings I have for day to day costs.

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  • Samuel    Apr 6, 2020

    Just want to thank the lenders for the help they keep on assisting me and the others,this loan will really help me in keeping my business running.

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  • Samuel    Mar 12, 2020

    I just want to thank the lenders for the support thy give to me n us in general, the loan really helped me to stay into my business because I had challenges with financials, the loan helped me to sustain my business

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  • Samuel    May 19, 2018

    Because i believe i can comfortably manage to pay on a reduced amount.

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  • Samuel    Apr 10, 2018

    Am changing my installment due to the low in business rate, I don't want to fail paying on time.

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  • Samuel    Mar 29, 2018

    Today i received my loan amounting to K1360 after some deduction.i intend on investing the money into kitchen ware items,i will add up with some capital i have so that i will be able to buy more things.Just want to say thank you so much for your assistance

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  • Samuel    Mar 29, 2018

    Today i received my loan amounting to K1360 after deductions,i want to invest the money in kitchen ware.I want to say thank you so much for the loan and i shall use it wisely so that it benefits me and other people

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  • Samuel    Mar 26, 2018

    I want to add with the other capital i have so that i buy sum kitchen ware items ,this loan will really help me to boost my business because i will be able to order more things and will help me to increase my profit.I just want to say thank you so much for your help,its not only me you have helped but also others through me,GOD bless you.

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  • Samuel    Feb 7, 2018

    from my last loan i got, it really helped me and the business to keep going,it boosted my capital and the business.

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  • Brian    Nov 15, 2017

    I have contact Samuel but says he paid and he's just remaining with a small balance.

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  • Samuel    Jun 11, 2017

    I want to invest the money in kitchen ware things, buy them and resale them, it will help me in boosting my capital and profit, i'll be able to invest even in more defferent business once my capital grows. Lastly I wnt to thank you for your support towards me and many other people, its my prayer that you help more people like me who are in need, thank you once more.

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  • Samuel    Nov 2, 2016

    with the loan funds i was able to supply more food stuffs to my customers n also opened up another business,with the combined profit from both business am nw able to save enough so that i go back to school for further studies.

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  • Samuel    Nov 2, 2016

    am able to make more profit than i first imagined and i want my loan to end soon so that mayb in future i cn apply for another one to expand my business further more.With the help of the loan i was able to open up another business in form of a Barbershop and it has turned out to be a boosting to my already established business.

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  • Samuel    Oct 17, 2016

    thanks very much hope to continue working with you.

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