Selling plastic carrier bags

Shadrick Kapolyo

Chililabombwe, Zambia

26% paid forward

Entrepreneur

Name

Shadrick Kapolyo

Member since

September 2020

On-time repayments

28 installments  •  93%

About Me

My names are Shadrick Kapolyo, from Zambia on the boarder town of Chililabombwe, on the copperbelt province. My career journey in life as seen me through some of the most interesting episodes in life. From the hey days in school, at Mungwi Secondary Technical School, in the Northern part of Zambia, and Kasama in particular to rose days as a banker with Barclay bank pls, and then Finance Bank Zambia Ltd, and life in the mining industries of Northwestern province, Solwezi.
Life can really be interesting, its like they say, life is what you make it, i could comfortably say i have had it all. Now settled in Chililabombwe, life has to continue, i have always dreamed of running my own affairs (business) and the boarder town provides that unique platform for both start-ups and established businesses, the common adage; ''any thing sells in chililabombwe/Kasumbalesa'' can not be over emphasized. Mine is to one day grow my Agric feed business, supplying agricultural feeds to poultry famers both local and across the boarder.

My Business

My business is currently seasonal, am operating lawn mowers, with hired laborers, this business though seasonal is very profitable. Currently i have two machines, one is electrical and the other is petrol powered. From what i have seen in the past season, this is far more profitable than running a fleet of taxis, as the operating costs are far too little compared with running a taxi, better still, the capital employed could be 1/200th of that of buying car. The daily cashing from a lawn mower business, is three or 4 times higher. This comparison arises from the fact that i have operated a taxi business before, whilst am almost set on this business, my eyes are still focused on running a Agric business, which logistics are almost done.

Project Proposal

Am planning to raise funds to venture into wholesaling of the same line of business am currently doing; plastic carrier bags.
At the moment the retailing side of the business is becoming more competitive. As more people are taking up the business moreso street vending.
To wade off the stifle competition I thought of playing the middleman's role, by buying in bulk and and reselling at wholesale price.
From my experience and a survey I have done, am more than certain this is an ideal business venture.

Feedback

None

None

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Project Info

Project Type

Pay It Forward

Disbursed amount

$1,962.97

Date disbursed

Sep 16, 2022

Cost to entrepreneur

Service fee: $98.14

Pay It Forward contribution: $372.91

Backers

M

marycb

United States

Kitty

Hailsham, United Kingdom

J

John

Newbury Park, CA, United States

Cloudways

Malta, Malta

F

flaguy999

Tampa, United States

Bobrm2k3

Charleston, United States

Paul Kamande

Juja, Kenya

nmatpt

Lisboa, Portugal

numbat

Perth, Australia

H

harrymore

Townsville, Australia

Paul Buchheit

Mountain View, United States

chriseyre

Fremont, Ca, United States

Tanya

Nelson, New Zealand

Dave Bogard

New York, United States

Franmiguel

Perth, Australia

Richard

Shrewsbury, United Kingdom

AG

Alexandre Genereux

Gatineau, Canada

Kevin

San Francisco, United States

I

Ian

United Kingdom

C

cota

United States

Framework Eyewear

Utrecht, Netherlands

Isaac Asakuwah

Cape Coast, Ghana

PG

Paul Graham

United States

AH

ajay hampapur

United States

roark22

Geneva, Switzerland

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

Ed

Howells, United States

L

Lucy

Australia

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Richard Benyon

United States

Christian Golo

Accra, Ghana

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

Joseph Migwi

Nairobi, Kenya

JF

J Fister

United States

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

S

Sarah

Arlington, United States

A

Anonymous

United States

Teresa Nyokabi

Nairobi, Kenya

Faith Mwangasha

Nairobi, Kenya

Eugine Idebe

Nairobi, Kenya

Kevin Onyango

Kajiado, Kenya

Janeliza Wangechi

Kitengela, Kenya

Evans Gichobi

Muranga, Kenya

Sunny Owino

Buriya, Kenya

Samwel Otieno

Nairobi City, Kenya

Agnes Waithera

Nairobi, Kenya

Hannington Wanyonyi

Lain-moja, Kenya

Nick Studenski

Minneapolis, United States

Ryan Agnew

Australia

DO

Denis Ontiveros

Guildford, United Kingdom

alexalexalex

Berlin, Germany

Manfred George

Nairobi, Kenya

RS

Ralph Smyth

United Kingdom

James Saina

Koilot, Kenya

Samuel Njuguna

Ngong, Kenya

Justin Ondieki

Nairobi, Kenya

EW

Eric West

United States

S

Sibyl

Basel, Switzerland

M

MaggieK

United States

Joseph Wambua

Tala, Kenya

Black and White Zebra

Vancouver, Canada

EG

Erik G

Switzerland

Utahna

United States

EH

Ed Hendrickson

Ames, Iowa, United States

Babbitt Family Foundation

Sioux Falls, SD, United States

Vincent Strangio

Pittsburgh, PA, United States

Okoth Ambrose

Kisumu, Kenya

Linda Ansah

Awutu Senya East, Ghana

Brian Herrmann

Chicago, United States

KW

Kevin Wilson

United States

A

Anonymous

United States

DY

Dan Y

Scranton PA, United States

A

Anonymous

United States

C

Cam

United Kingdom

Ameaa Gloria

Techiman Bono East Capital, Ghana

RJ

Robert Jamieson

Vancouver, Canada

A

Anonymous

United States

Solomon Anim

Koforidua, Ghana

Mwansa Michael

Copper Belt, Zambia

Simon Ackoh

Moree (cape Coast, Ghana

EJ

E Johnson

United States

Zimba Joseph

Lusaka, Zambia

Eusila Jerono

Eldoret, Kenya

Maurine Akumu

Kisumu, Kenya

Shadrach Agyei

Accra, Ghana

Fauzia Iddrisu

Accra, Ghana

Daniel Boateng

Dormaa Ahenkro, Ghana

Ask Shadrick a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Shadrick Kapolyo    Sep 19, 2022

    Thank you so very much for making this project a success.

    Finally funded!

    Am more than HAPPY!!!!

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  • Shadrick Kapolyo    Aug 19, 2022

    Thank you so much to the all team, the back room staff, the technical team and the entire Zidisha executive.
    This is yet another milestone in my business ventures.
    I can safely safe, am now a proud wholesaler/middle man in the making.

    Once again thank you so very much for making this a reality.
    A BIG UP!!!!!!!

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  • Dennis Mugambi    Aug 13, 2022

    All the best in your endeavours

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  • Fauzia Iddrisu    Aug 8, 2022

    Wishing you the best in your business

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  • Zimba Joseph    Aug 6, 2022

    Good luck

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  • Eusila Jerono    Aug 4, 2022

    this a good business shadrack build your empire

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  • Shadrick Kapolyo    Jul 31, 2022

    Hi Team Zidisha.

    I would like to raise a loan of full amount of k42,676.
    Kindly help.

    Kind regards.

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  • Shadrick Kapolyo    Feb 22, 2022

    Thanks, I received moneys about a week and half now.
    I acknowledged receipt instanteously; once again many thanks to all who made this possible.
    Am servant endeavouring to make s living.
    Your support is invaluable.

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  • Shadrick Kapolyo    Feb 14, 2022

    My hearty thanks, once again for making this project a reality.

    The goals are clearly set; keeping my business afloat, in the face of depleted savings as a result of higher education school fees.

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  • Emmanuel Mensah    Feb 13, 2022

    You are almost there. Patience is the experience teacher. This is what l can help with

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  • Emmanuel Mensah    Feb 10, 2022

    Keep growing. You will soon get what is yours

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  • Dzantor Joyce    Feb 9, 2022

    I want to help you so congratulations

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  • Emmanuel Mensah    Feb 8, 2022

    Kindly accept my offer to improve your business.

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  • Shadrick Kapolyo    Feb 3, 2022

    My previous loans have had a great deal to stabilize my business, so far so good.

    Since the last loan drawn from this forum my cash flow has been flawless, and the need to apply for this particular one is two fold; one, there is need for extra cash to cushion the education needs for my son who is going into university (UNZA) to study medicine, as 14th February, 2022.
    The second need stem from a long term project, am looking at buying a house, and with the savings from my business, this loan facility could just come handy as a cushion once i have raised enough credit.

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  • Shadrick Kapolyo    May 8, 2021

    Constrained cash inflow, due to lack of stock supply in the market.

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  • Shadrick Kapolyo    Mar 27, 2021

    Thank you for the loan.
    You continue to make a difference in my life.

    Log in to reply • Share


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