Thomas
Lusaka, Zambia
83% paid forward
Name
Thomas
Member since
June 2024
On-time repayments
15 installments • 100%
My name is Thomas Chilunda. I live in Lusaka located in along Mumbwa Road in Garden House Township in Lusaka. I grew up with my Uncle who raised me up and sent me to school. I come from a family of 6 children and am third born child. I went to Matero Boys Secondary School where I completed secondary and obtained a division one grade 12 school certificated. Therefore, due to my good school results I was awarded a scholarship at the University of Zambia in the school engineering and successfully graduation with my first bachelors degree. Currently am studying for masters degree under distance learning at the University of Zambia. Am an entrepreneurs, I started running my own business after working for Mopani Copper Mines in Kitwe as a superintendent and this was in 2018, when I registered my business company with Patents and Companies Registration Agency {PACRA} a body under the ministry of Commerce, Trade and Industry. I did a company named Fernando Block Construction Limited, dealing in block making. I live in the land that is rich and fertile in the farming of maize and vegetables and I live in culture where we believe in walking on the water. I love watching football as one of my greatest moments during my free time or pastime. I wish my children to become lawyers, accountants and doctors.
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I have a small company which is fully registered called Fernando Block Construction Limited situated in Garden House- Lusaka West. I have a hydraulic machine for block making. I making thousands of blocks for sale. In addition, I also make pavers and the different construction materials such house pillars and different flour pots. Block making or the blocks mainly are target for companies, business houses and individuals constructing houses around the community. The blocks highly on demand and generally sale very fast. I went into this business because it gives me good profits. Since 2018, have been running this business due good revenue. In order to make this business a great success, you need the following; 50-100 tines of Quarry dust which will cost ZMW 85000.00 , cement you need ZMW 500 pockets which will cost roughly K 65,000.00 and many other expense but to mention but a few.
Mainly the profits made out of this business, I have to pay salaries for the machine operators and the helpers monthly, reinvest the money in paying raw materials mainly need in the construction of blocks, pay taxes and annual returns to operate efficiently as a block making company. Of Course home improvement is the key and paying of school fees and supporting my other family members in need.
I propose to purchase the fully-automatic block machine, automatic brick production line, small brick making machine, roofing tile making machine, concrete mixer and the stone crusher. The hydraulic machine will benefit me in many ways by making 3000 or 5000 thousands blocks per per and this will meet the demand of the customers and increase profit revenue and therefore expand the business and create more jobs for the people in our community.
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Project Type
Pay It Forward
Disbursed amount
$69.00
Date disbursed
Oct 3, 2024
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