Purchase cashews for resale

Chiluwa

Ndola, Zambia

100% repaid

Entrepreneur

Name

Chiluwa

Member since

November 2020

On-time repayments

116 installments  •  99%

About Me

My name is Chiluwa a mother of two. My first born is a lawyer my last is a student at zcas. I am the 4th born in our family. My mum died in 1999 dad died in 2011, my husband died in 2004

My Business

I work for a law firm in Ndola as an assistant accountant. I aslo supply some vitamin to a chemist but I have not ordered from the States of late because of the exchange rate. I also receive rentals from our estate in Chingola it includes a office block with over 20 office space our biggest tenant is a bank. We also have a house which we rent out. Currently buy cashew nuts from Mongu and send them to the U.K. to my brother to sale

Loan Proposal

the loan will enable me to purchase goods for resale. The profits will help me to afford certain things that i need

Income Source

i will be able to repay my loan using the proceeds from the sale of the products that i will buy, Will need to be aggressive in this area because people will rather buy food the beauty products fortunately i have customers and i know the market to target

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$71.00

Date disbursed

Mar 5, 2021

Repayment status

On Time

Projected term

6 weeks

Lenders

Cloudways

Malta, Malta

ads68

Melbourne, Australia

S

sanfransec

San Francisco, CA, United States

Paul Smithson

Leeds, United Kingdom

M

mariamfula

United States

R

Ryan

United States

Day Family

Melbourne, Australia

S

Sarah

Arlington, United States

Nethanel Kohen

NYC, United States

Darren Jeppson

Denver, Colorado, United States

Mai Phuong Nguyen

Nashville, United States

RD

Roel De Meester

Antwerpen, Belgium

E

EJOBIV

United States

SB

Stephen B

United States

Sharon Giardina

Sydney, Australia, Australia

Mark Wilco

Columbus, OH, United States

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  • Chiluwa    Oct 26, 2024

    I’m still paying my loan from other sources of income as the project I got the loan for was not successful because of the drought

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  • Chiluwa    Aug 26, 2024

    I am still raising money from other sources as the loan I got for the fish project was not successful because of the drought

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  • Chiluwa    Jul 4, 2024

    Experienced a severe drought which caused the pond to dry up. I’m committed to liquidate the loan but it will take longer than expected to complete

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  • Chiluwa    May 28, 2024

    I did some farming unfortunately the crops failed because of drought. The fish was stolen, I have taken the matter to the police. I have since engaged another worker

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  • Chiluwa    Apr 26, 2024

    I am yet to harvest my fish, I’m hoping to do that in three months time.

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  • Chiluwa    Feb 26, 2024

    I have not harvested yet hence money is tied up. I am therefore asking for an extension.

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  • Chiluwa    Dec 15, 2023

    I have invested all the money I was loaned in the fish business. Will only harvest after 7 months

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  • Chiluwa    Oct 28, 2023

    Since I only received the money a day ago, I would like to start repaying after utilizing the money.

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  • Chiluwa    Oct 27, 2023

    I intend to invest the money into fish farming. With the proceeds I plan on investing back in my business.
    I am grateful for the support and trust from everyone who has funded my project

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  • Chiluwa    Oct 26, 2023

    The last project I embarked was fish farming. I encountered some hurdles in that the fingerlings I got was a mixture of female and male though I ordered male. As a result they started breeding and the pond was overstocked. Another challenge was that the person who we hired to look after the fish only moved on site when the fish was five months. This gave a chance for the fish to be pilfered. I intend to put up a new pond, ensure that I have male species and get a family to live on the farm

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  • Chiluwa    Oct 25, 2023

    In as much as I would like to pay the required installment I’m still trying to find my feet after the fish was stolen

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  • Chiluwa    Oct 8, 2023

    Adjusting the amount to be repaid has been so helpful for me as I anticipated that my investment would help me pay back the loan but alas that has not been the case.

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  • Chiluwa    Sep 26, 2023

    I was planning on servicing my loan using the proceeds from the fish. Unfortunately we were unable to do so as the fish has been stolen. We put in 3,000 fingerlings and for weeks we have been trying to harvest. I will only have a clear picture when we drain the water.

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  • Chiluwa    Sep 13, 2023

    I’m unable to pay the installment amount as I have had challenges harvesting my fish. I’m hoping I will start paying regular amounts by next week

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  • Chiluwa    Aug 30, 2023

    I won’t be to pay the installment as I have harvested my fish yet. Hopefully I will settle a bigger amount next week

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  • Chiluwa    Aug 13, 2023

    I hope to harvest my fish this weekend so that I clear my outstanding loan. In the meantime I seek to an affordable installment

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  • Chiluwa    Aug 2, 2023

    I’m unable to pay the installment amount at the moment. I’m hoping to clear the whole amount in two weeks time when I harvest my fish

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  • Chiluwa    Jul 19, 2023

    I hope to harvest my fish next month but as at now I can only afford to pay a smaller amount

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  • Chiluwa    Jul 5, 2023

    I’m unable to pay the installment amount hence my request to pay a smaller amount because I have not harvested my fish yet

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  • Chiluwa    Jun 23, 2023

    I’m really grateful that I able to adjust my repayment amount this has really helped me as I my income has not started coming in.

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