Recreation center

Alex

Lusaka Zambia, Zambia

100% repaid

Entrepreneur

Name

Alex

Member since

September 2016

On-time repayments

254 installments  •  75%

About Me

My name is Alex Katete a Zambian citizen.I am a grown up youth up to the challenge of making a difference in my family and community. I have grown up in a compound ghetto of my country yet chose to be outstanding to the challenges i mate as i grew up.

My area of residence is Garden house compound which is in the hearts of the capital city of Lusaka, Zambia.
It involves different classed people of where some are working and some just do shifts in the industrial areas which comprises of different factories. It is not different from suburbs where different youth get into drug abuse.
I have now ventured into a new business of a grocery shop near a school. I aim at making it have things of convenience in my community. The shop is located near a school which makes it easier to balance up my earnings whilst serving the community and school pupils as well as the teachers.
I already bought a see through fridge from the last installment and i still have my kazang transactions machine running.
What i will do with the next loan is i firstly will buy a water boiler pot about 10 litres for the cold season to make some hot water available which costs only ZMW 5000, add a deep friear for fresh fried chips and whatever can be for snacks ranging from sausages to fish which cost ZMW 5000 attached to it is kicking with some potatoes costing ZMW 500,cooking oil costing ZMW 800, the rest of the disbursement will cutter for the transaction machine for money, talk time and bills which will balance up my pay backs.

My first child admires being a pilot and would love to become one someday. I have three children now . This is really making me work hard for their future . Not only to satisfy them, but it will help diversify youth empowerment programs on those who can manage to have discipline for programs such as Zidisha loan program.

I love to play chess and video games at my free. But my hobby is listening to documentaries from motivation speakers.

My Business

My business is now a grocery shop which am adding a water boiler of 10litres for the hot season which will cost me ZMW 5000,a frier for fresh chips and sausage snacks which will cost me ZMW 5000, kicking off supplies will cost ZMW 500 for the potatoes, ZMW 800 for the cooking oil and the rest will go into my transaction machine for Electricity,Airtime and Tv subscription units, just to mention a few among all basic domestic transactions that are paid for through wireless transactions, this will help me keep on track my weekly pay back installments.

I look forward to invest in mobile money transaction with this loan as well . Am looking at being the best service provider for these services in my community, because my services will remove the consequences of moving a great distance just to acquire them.
My business is also a support in curbing down the pandemic because this involves less physical movement and they can transact effortlessly.
This will adjust my earnings and will also help me meet the challenge of high cost of living in my country. Monthly sales attracts costs of $20 maintenance and revenue of 3% of total sales out of a month.
Will help me meet school requirements for my children and help pay home rentals and the bills.
This will help me raise my profits although not constant $40 plus a day.
I would like to thank the board of Zidisha lenders and the Zidisha team for this program.

Loan Proposal

The first on my list is to get a see through fridge that will cutter for my customers to have availability of chilled drinks as they get services from my business.
This will project my earnings for different beverages on the market. According to plan this should be summing up sales that will make me perform great in my earnings.
I will also add up some few groceries to balance it up like just necessary consumables.
The other part of the money will be used to prepare for my expected new born baby.

Income Source

My business is a manageable operation. Their is total social distance and you are obligated to limit the number of users and service hospitality.
All in all am making sure of following all the measures of having sanity always.
Always have availability of disinfectants as service seekers reach to be attended to. A bucket of running water and making sure to sanitize as you get the money.
My measures are to curb out any probability of having a virus free zone.
Am also an electrian so i make earnings out of that aswell because it is an essential role in this global moment and it is what has even helped in payments of the previous loan i had.

Kind regards
Alex Katete

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,323.00

Date disbursed

May 11, 2020

Repayment status

On Time

Projected term

12 months

Lenders

M

marvin24

Giessen, Germany

zebby24

Ft.myers, United States

malcolm D

grants pass, United States

AltruisticSelfishnes

Chicago, United States

lietu

Tallinn, Estonia

Kjartan

Oslo, Norway

I

Interfree

Dubai, United Arab Emirates

T

Tallago3

Munich, Germany

johnandmoliehi

Canton, New York, United States

Svenip

Vienna, Austria

jmsquared

Seattle, United States

C

CrazyCanuck

Nepean, Canada

B

briansedz

Canton, Ohio, United States

Krtecek

Balzers, Liechtenstein

Tavin

Ottawa, Canada

phytoplankton

United States

airvillepa

Airville, Pennsylvania, United States

B

bopsquod

Seattle, Wa, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

madnomad

San Francisco, CA, United States

G

GirlOfEarth

Earth, Finland

peanut

Halifax, Canada

mtnsailor

Harrisonburg, United States

zphelj

Dallas, United States

E

edgreig

Brixton, United Kingdom

V

Valis

Singapore, Singapore

nakamura

United States

S

SheilaB

Nashville, United States

Z

zedoud

Hamburg, Germany

J

Johannes

Pirmasens, Germany

joaoferraz

RINCHOA, Portugal

JTShorty

Gorham, Maine, United States

G

Goldrivermob

Gold River, Canada

A

Andrii

Kiev, Ukraine

M

Moonknight

Østre Gausdal, Norway

A

AndrewC

London, United Kingdom

H

Habroukema

Austin, United States

tonnyschonewille

Maastricht, Netherlands

ibc123

Seattle, United States

markpearson

Portsmouth, United Kingdom

lizandsteve

guelph, Canada

A

ADISI

Bern, Switzerland

M

MarianneM

Munich, Germany

MrMichigander

Marquette, United States

mikeice

Kohler, United States

Evan Lamos

Brussels, Belgium

TomF925

www.AfricaLeap.com, United States

sderickson

Berkeley, CA, United States

pvilliger

Zurich, Switzerland

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

W

wesbh89

United States

TyrynyRed

United States

S

stryker75

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

S

Sven

Netherlands

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

W

Wade

United States

PP

Pasi Paajanen

Helsinki, Finland

Craig

Memphis, TN, United States

E

erica

antwerpen, Belgium

T

thedan33

Czech Republic

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

I

Ian

United Kingdom

C

cota

United States

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

AH

ajay hampapur

United States

A

Allie

Australia

Aran Dunlop

United States

Jennifer

Berlin, Germany

I

Irene

Switzerland

Carl D Patterson

United Kingdom

Paul Smithson

Leeds, United Kingdom

A

Andrei

United States

P

Peter

Bratislava, Slovakia

SH

Steven Huntington

London, United Kingdom

Rory McLaughlin

Dallas, United States

K

Katka

St Albans, United Kingdom

I

isaac

United Kingdom

JA

Jan Andresen

Hamburg, Germany

LZ

Li Zhang

United Kingdom

Sinan Taifour

Munich, Germany, Germany

johannes

Taipei, Taiwan

SA

Shar Alamdari

Los Angeles, United States

L

Lucy

Australia

BH

Barbara Hermann

United Kingdom

Day Family

Melbourne, Australia

VC

Victor Chong

United States

JZ

Julia Zaks

United States

D

Dalton

San Francisco, United States

C

Campbell

New Zealand

HCPSPIRIT

Helsinki, Finland

DW

David Westmoreland

Colorado Springs, Colorado, United States

Dean Suminski

Portland, Oregon, United States

Diane U

Olympia, Wa, Usa, United States

M

Mack

Harbor, Oregon, United States

JF

J Fister

United States

John Sercel

Florence, United States

R

RMIM

United States

Mike

Indianapolis, United States

R

Ru

New York, United States

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

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  • Alex    Jun 11, 2022

    Hello lenders

    Am really trying the best I can. Been a challenge in my finances. Thus am reducing my installment.

    Regards
    Alex Katete

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  • Alex    May 14, 2022

    Hello lenders

    Am reducing my installment as to meet my unsuccessful payments.
    I am facing setbacks but i will willingly be devoted to pay as i can though my payment platform is a set back also.

    Regards

    Alex Katete

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  • Alex    May 14, 2022

    Hello lenders

    I have been facing challenges with my payment platform. Every time i make a payment it is not successful at the end. Thus am reducing my installment. I deeply regret the inconvenience caused.

    Regards
    Alex Katete

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  • Alex    Apr 17, 2022

    Hello lenders

    As i keep my commitment to zidisha i will have to adjust my instalment. I deeply regret for the short fall which is due to some economic challenges am facing.

    Regards
    Alex Katee

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  • Alex    Apr 13, 2022

    Hello lenders

    Lately i have been struck with some economic financial crisis. This is in the adjustment of high cost of living impacted on our country.
    All in all am doing all i can.
    This is why am adjusting my instalments so that i show commitment on my loyalty to zidisha.

    Regards
    Alex katete

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  • Alex    Apr 1, 2022

    I am yet to get things together. For this reason am reducing my instalment. Facing some challenges for now.

    Regards
    Alex katete

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  • Alex    Mar 26, 2022

    Hello zidisha

    I am just going through a bit of challenge. But am fully dedicated to be stable through all hardships. This is the the reason am reducing my installment.

    Regards

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  • Alex    Mar 4, 2022

    Hello lenders

    I would like to apologize for the hick up in my update due to the reason that my platform for communication got spoiled and it so happened at the same time the network i use for paying had issues rectifying errors on the it part which disturbed my account and pushed me to a default status.
    Therefore i would like to reduce my installment.

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  • Alex    Jan 15, 2022

    Hello lenders
    I would like to reduce my instalment due to a set back in my finances.
    My regards

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  • Alex    Jan 1, 2022

    Hello lenders

    Am reducing my instalment due to some challenges in my finances.

    My regards

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  • Alex    Dec 25, 2021

    Hello lenders
    Had a great challenge for the past days. We been hit with measures of corona. So had to adjust my instalment.
    My regards

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  • Alex    Nov 26, 2021

    Hello lenders

    I just paid a ZMW 630 on a Monday today, 27th of November. Missed on my previous instalment due to a challenge that i never expected.

    My regards
    Alex Katete

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  • Alex    Nov 12, 2021

    Hello lenders

    I just adjusted my instalment to ZMW 300. This is to concide with every smooth difference I get to have in my finances.
    My regards
    Alex Katete

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  • Alex    Nov 5, 2021

    Hello lenders

    I had a smooth earning in my finances. So i had to adjust my instalment from ZMW 200 to ZMW 356.

    My Regards

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  • Alex    Jul 26, 2021

    Hello lenders

    Hope you are well. I deeply regret for the late first payback of my loan.
    Had mixed up my days.

    Regards

    Alex Katete

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  • Alex    Jul 14, 2021

    Hello lenders

    Firstly i will buy a deep fryer,potatoes, cooking oil and make a table for to start. This will really help me speed up my project.
    Then it will be followed by getting a water boiler since it is still a chilly season with some coffee and tea to go with it.
    If there will be some money left, this will definitely go into my kazang mobile money transaction machine.

    This will definitely help step up a notch in my business because i will definitely have added convenient measure of services to my business. This will benefit both the community and my business in return.

    I would love to extend my thank you to the the lenders and the zidisha team for making every step for this program a success. This is indeed a good gesture of good will. Am so greatful to be part of it.

    My regards

    Alex Katete

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    • Anonymous    Jul 14, 2021

      Sounds like good progress. Everyone will be coming for the French fries (I may be wrong, but I assume you will offer) - can’t go wrong with that!

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  • Alex    Jul 13, 2021

    My family , my wife and our second born daughter and i

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  • Alex    Jul 13, 2021

    My family and the first see through fridge of my last loan. Although it was barely the the same as my last loan. Got it at ZMW 11000. Money was not enough to sustain the kazang money machine. I hope this one puts me up a notch. All thanks to my lenders and the zidisha team. Through errors and pandemics,we still here playing essentially to our community.

    My regards

    Alex Katete

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  • Anonymous    Jul 2, 2021

    Well done with your plans to expand into mobile transactions and adding a water boiler.

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  • Alex    Jun 2, 2021

    ZidishaZidisha Logo
    Help Messages
    Late payment on my past due installment
    admin Jun 1

    Dear Alex,

    Thank you for your kind words! If you would like the lenders to see your message please post it as a comment in the discussion section of your loan profile.

    Kind regards,

    Julia Kurnia
    Zidisha team

    Hello lenders

    I have just paid my final installment on 1st June, 2021.
    I am so grateful for the patience and frexibility on the installments. The quick responses in the errors that i have encountered from the zidisha team has shown that this is a passion driven gesture . I really am so greatful to have the privilege of being part of this program . Never stop with this spirit. Many are the disciplined but luck capital to just kick start and you have shown a good relationship to this cause.

    My regards
    Alex Katete

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