Entrepreneur
Name
Shamasamu
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
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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
Other loans
Lenders
Summary
Amount repaid
$209.93
Amount remaining
$0.00
Date repaid
Aug 5, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 30, 2016 | $11.03 | Apr 27, 2016 | $11.03 |
| May 7, 2016 | $11.03 | Apr 27, 2016 | $11.03 |
| May 14, 2016 | $11.03 | May 12, 2016 | $11.03 |
| May 21, 2016 | $11.03 | May 12, 2016 | $11.03 |
| May 28, 2016 | $11.03 | May 27, 2016 | $11.03 |
| Jun 4, 2016 | $11.03 | May 27, 2016 | $11.03 |
| Jun 11, 2016 | $11.03 | Jun 10, 2016 | $11.03 |
| Jun 18, 2016 | $11.03 | Jun 10, 2016 | $11.03 |
| Jun 25, 2016 | $11.03 | Jun 24, 2016 | $11.03 |
| Jul 2, 2016 | $11.03 | Jun 24, 2016 | $11.03 |
| Jul 9, 2016 | $11.03 | Jul 9, 2016 | $11.03 |
| Jul 16, 2016 | $11.03 | Jul 9, 2016 | $11.03 |
| Jul 23, 2016 | $16.55 | Jul 22, 2016 | $16.55 |
| Jul 30, 2016 | $16.55 | Jul 22, 2016 | $16.55 |
| Aug 6, 2016 | $16.55 | Aug 5, 2016 | $16.55 |
| Aug 13, 2016 | $27.91 | Aug 5, 2016 | $27.91 |
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