Raincoats and umbrellas for sale during rainy season

Edgar

Kitwe, Zambia

100% repaid

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Entrepreneur

Name

Edgar

Member since

October 2020

On-time repayments

37 installments  •  49%

About Me

I started my primary education in kitwe at rokana primary school. My parents live in the live so i grew up with my auntie working for the council. During school holiday as kids at home we could go to help auntie at her shop in the market to sell clothes. i started having interest in business from there so when i couldnt do well in school and school fees were a bit of a challenge i started busines with help from my auntie. I order clothes from tanzania and sell them at my stand. The people around my area are good they like helping one another. In my free time i like reading business books.

My Business

I sell mainly ladies clothes and shoes. Ladies like fashion as compared to men so clothes for ladies are on demand. I sell quality clothes are good price. When ordering clothes i pay for transport and money transferring charges. Also i pay for security as they come on buses. When i make profit i use it for rent i also add more to my capital so my business keeps growing up.

Loan Proposal

I thank all my lenders who helped me with the loan i have just finished paying. I am now applying for another loan which I will use to stock up raincoats and umbrellas for sale during this rain season. This will benefit me because my profit will go up to per week which is so good for and my business, Once i make profit i use for rent and reinvest the rest in the business. I thank you in advance.

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Income Source

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If my business face risks in the economy, I help in my other shops for my auntie so when business for me is not going well i help in selling in my aunties shop and make some money. My aunties shop is very big and she has assorted things apart from clothes there is also women hair and a barbershop. So business is there everyday. I am so trusted and everytime i work there i am paid very well so this my alternative in case the is economic crisis.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Dec 21, 2020

Repayment status

On Time

Projected term

4 weeks

Other loans

Oct 2020:  $11

Nov 2020:  $18

Dec 2020:  $32

Jan 2021:  $181

Feb 2021:  $492

Lenders

Black and White Zebra

Vancouver, Canada

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  • Ketty    Aug 1, 2021

    Dear lenders,

    Edgar said that he will repay his loan soon. Thank you.

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  • Edgar    Apr 22, 2021

    i want to thank all my lenders for supporting my business despite me facing so many challenges because of corona virus business has been very tough. But from the loan i got i ordered some pairs of ladies shoes which am still selling am positive to sell so that i repay this loan. thank you once again.

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  • Edgar    Apr 9, 2021

    I have had challenges in my business there are few people buying because economy has become tough . But am trying my best am trying to start selling from another place.

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  • Muswangeli Tongo    Mar 17, 2021

    I have advised Edgar to adjust than skipping the weekly repayments.Thank you for your understanding.

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  • Edgar    Mar 4, 2021

    i wish to confirm that i received K7,841 and I really thank all my lenders for helping me with this loan. I will buy new stock of ladies shoes for sell.

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  • Edgar    Feb 18, 2021

    i am so thankful to you all lenders. I will buy new lady's shoes for sell as there is more demand for ladies shoes than mens. Again the ladies shoes are more affordable than mens. So i will stock up new pairs of ladys shoes and i hope to sell and make profit. Thank you so much.

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  • Edgar    Feb 18, 2021

    I thank you all my lenders for having supported me with a loan.That loan has helped me to increase my inventory and i made more profit than ever before. I am happy that even customers who got closes on credit have all paid and thats why I have also manged to repay my loan.Thanks a lot.

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  • Edgar    Feb 8, 2021

    I want to thank all my lenders for your support in my business. I have reached where I am because of your support. The loan I got I bought assorted clothes to increase inventory in my shop and my earnings have increased. Thank you so much I will make sure i work hard and repay this loan.God bless you all.

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  • Edgar    Jan 17, 2021

    I thank my lenders I received 2,586 ZMW and am very thankful. I will use the loan to buy more clothes in my shop to increase inventory and I pray that i will work hard and sell so that I make profit.

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  • Edgar    Jan 15, 2021

    i thank all my lenders for this loan. I will use it to buy more clothes for sale in shop so this loan will help me increase my stock and in the end increase my profit.

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  • Edgar    Jan 15, 2021

    I thank all my lenders for your support you rendered to me i managed to buy raincoats and umbrellas for sale during this rain season, there is still demand. My profit has gone up because of your support.

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  • Edgar    Jan 14, 2021

    i want to thank all my woenderful lenders you have been so wonderful to me and a blessing to my business. The loan am repaying i bought raincoats and umbrellas. Someone got a lot at once and is paying balance today so i should be able to also finish repaying the loan today. Thank you so much.

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  • Edgar    Jan 1, 2021

    I wish to thank my lenders for your support. The loan I got I bought raincoats and umbrellas for sale and being rain season, i have sold well and increased my earnings.I will use all my profit to reinvest in my business.

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  • Edgar    Dec 21, 2020

    Dear lenders i thank you for the loan i received 1,422 ZMW. i will buy raincoats and umbrellas for sale in my shop.

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  • Edgar    Dec 20, 2020

    I thank lenders for this loan I will order raincoats and umbrellas for sale as it is raining heavily. this will help to increase my profits.

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  • Edgar    Dec 20, 2020

    I thank you my lenders for the loan given to me last time. I bought new stock of clothes and shoes for my shop. I have since managed to sale and increased my profit. The profit am adding to my capital.

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  • Edgar    Dec 19, 2020

    Thanks a lot to my lenders...the loan I received I bought new stock of news. The benefit is that my profit has increased and this means my business has grown because of zidisha. I thank you all very very much.

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  • Edgar    Dec 10, 2020

    Thanks to zidisha lenders . I want to confirm that i received K387.00 and i thank you. For this loan i will buy another stock of clothes for my shop.

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  • Edgar    Dec 2, 2020

    I thanks you my lenders for your support and help with this loan. I will buy clothes for sale in my shop. thank you

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  • Edgar    Dec 1, 2020

    I want to take this time and chance to thank all my lenders for my previous loan. I used the money to buy new womens clothes for my shop which am selling and i will make profit.

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