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

None

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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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  • Chama Lusaka    Sep 2, 2021

    He has promised to make the payment within a weeks time

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  • Chama Lusaka    Aug 2, 2021

    I talked to shabula and said that he will pay back the loan soon, and he is facing economic challenges he promised to pay back next week

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  • Shamasamu Shabula    Jul 20, 2021

    Business is slow

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  • Chama Lusaka    Jul 1, 2021

    I spoke with shamasamu, he said that he is facing economic challenges. He said that he will do his level best to pay on time.

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  • Shamasamu Shabula    Jun 9, 2021

    with the third wave of the Cov19, business is really slow on my end

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  • Shamasamu Shabula    May 19, 2021

    Business is slow

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  • Ketty Shamakamba    May 4, 2021

    Dear lenders,

    I spoke with Shamasamu and he explained that he is working towards paying his loan, and that he will soon make a payment. Thank you

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  • Ketty Shamakamba    Apr 9, 2021

    Dear lenders,

    I spoke with Shamasamu and he explained that business has not been good. However, Shamasamu plans to make a repayment towards her loan soon. Thank you.

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  • Shamasamu Shabula    Mar 5, 2021

    Business is very hard..

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  • Chiozya Mwanza    Feb 15, 2021

    Dear lenders,

    I spoke with Shamasamu and he is committed to repaying his loan soon. The economic downturn caused by the COVID-19 pandemic has negatively impacted his business. Thank you.

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  • Chiozya Mwanza    Jan 12, 2021

    Dear lenders,

    I spoke with Shamasamu and he explained that he would like to adjust his loan to something manageable, however the lowest adjustable amount is still too high for him.

    I told Shamasamu to write directly to the Zidisha staff over the issue. Thank you.

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  • TomF925    Jan 8, 2021

    Recommend you ask Zidisha to refinance at lower payments, longer loan period. Save your credit rating!

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  • Shamasamu Shabula    Dec 21, 2020

    Boss is slow

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  • Shamasamu Shabula    Nov 9, 2020

    Business is slow

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  • Shamasamu Shabula    Sep 15, 2020

    Business is still slow cause of the covid. Will surley get back to normal pay soon.

    Regards
    Shamasamu

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  • Shamasamu Shabula    Sep 14, 2020

    Busines is low, this covid thing has will hit us bad.

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  • Chiozya Mwanza    Sep 3, 2020

    Dear Lenders,

    I spoke with Shamasamu and he explained to me that he has already made a repayment towards his loan this week, however, the amount has not yet been credited to his account. Thank you.

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  • Chiozya Mwanza    Aug 27, 2020

    Dear Lenders,

    I spoke with Shamasamu and he explained that his business has been facing difficulties due to the Covid-19 pandemic. Shamasamu plans to make a repayment towards his loan this month end. Thank you

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  • Shamasamu Shabula    Jul 20, 2020

    Business is slow because of the covid-19. People are scared to move, less traffic.

    Regards

    Shamasamu

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  • Shamasamu Shabula    Jun 11, 2020

    The business is still slow

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