Mobile-Phone Accessories

Shamasamu Shabula

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Shamasamu Shabula

Member since

April 2016

On-time repayments

258 installments  •  68%

About Me

My names are Shamasamu Shabula, 32 years old, the founder of Energetic Smart Generation, complete my secondly education in 2006 at Libala high school. when i was young , about 14 years, my mother owned a shop and she required me to help out after school, that's how my love for business started. she would leave the shop in my care to make orders, sell and balance the books. i am one person who loves to share business ideas and ask questions. i believe two hands are better than one, i love to read and network with person online, and go to church for spiritual guidance.

My Business

Name of the Company is Energetic Smart Generation, we provide mobile money (airtel, mtn, fnb cash plus and Zanaco Xpress services in Lusaka ,Zambia. We have 5 outlets located in Bauleni, three in Chalala and one in woodlands. Mobile money is a fast growing business in Zambia, as it makes it easy for people to access and send money. It's on evey corner, and the bank of Zambia the governing body has supported this service. Mobile money is in places that banks can not operate, giving mobile money an advantage over the banks.

Loan Proposal

We have a shop that's located in chilenje Chris corner, seeing the number of clients walking in and out of the shop is the reason we decided to apply for the loan and expand the business. The loan will be used to order more inventor (chargers, screen protector, covers, memory cards, headset etc )to sell to the mass. Seeing that the kwacha has gained against the USA dollar, the gives us the opportunity order more and expand the business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Apr 23, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $5.38

Shamasamu opted to pay $0.30 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Craig Newmark

United States

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