Asset funding

Daniel Chilembo

Ndola, Zambia

100% paid forward

Entrepreneur

Name

Daniel Chilembo

Member since

May 2017

On-time repayments

34 installments  •  91%

About Me

My name is Daniel Chilembo, a Second borne member of our family and we are four Boys and a Lady who is the third family member.I grow up helping mom do make baby suites though She was a Teacher by profession while Dad was a Mine Chemist by profession. He worked in Zccm up until 1992 when i was doing my senior Secondary school. Dad liked farming so we had two farming felds and every time we were selling our farm produce and also sent us to deliver baby suites to different families. This selling thing has gotten stake in my whole life and now i am running a Butchery shop with my family of three kids my first born helping my wife when am at work in Lafarge Cement were i work in production department. I have a Diploma in Production and Operations Management and my son graduated with a Diploma in Mining Environmental. This coming September my son is returning into Copper Belt University to finish his degree while am also getting my degree by December this year and my Second borne girl is sitting for her grade Nine exam this year while our little smallest girl is starting Primarily Education. All this is happening besides our family business and i fill my life is a success

My Business

I started a Butchery shop after doing lots of personal businesses and after a good thought it came to my mind that we should have a family business in case things don't go well at work. This Butchery shop business was started in 2014 October after obtaining legislation documents from Government were by now we're making atleast $30 proft per day at the moment and we have been putting it back into the business from the time we started. Most of the house hold requirements are now coming from the business although we are not get stable but soon we shall hit the held point and start buying things.

Project Proposal

The money being requested is additive to a big amount needed to purchase a bone saw machine costing about 35000ZMW.
This money will be added to what has been saved already to make a part payment of 15000ZMW. This machine will reduce the running Cost of my business which we usually spend every day when cutting meat slices.
The money to be saved will go along way to cover electricity costs and more or actual savings will only begin to be realized when we clear the all balance for the machine about 5% of the profit will be reintroduced in the business again.
Every day we pay to have Our Beef ,Pork and Large Fish to be reduced to size and also we have a disturbance of shift stock to and from our shop.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$88.73

Date disbursed

Sep 1, 2022

Cost to entrepreneur

Service fee: $4.44

Pay It Forward contribution: $13.31

Backers

Sheila Chepkemei

Nairobi, Kenya

Ephrone Maganga

Mombasa, Kenya

Joseph Wambua

Tala, Kenya

Francis Hackman

Abura Dunkwa, Ghana

Annstacia Nashon

Machakos, Kenya

M

Makaio

United States

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