Cybercafe phase2

Ngwata

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Ngwata

Member since

May 2017

On-time repayments

191 installments  •  82%

About Me

Am Ngwata Phiri born in Lusaka Zambia.
Started my primary school at Chalimbana in Lusaka. Then to Chilenje Primary School and later to Woodlands Primary School. Where I completed my primary education. Went to Kabulonga Boys Secondary School for my GEC certificate.
Did my tertiary education at Zambia Institute of Technology where I did Computer studies.
I also hold a certificate in psychosocial counselling.

My Business

Currently trying to run a Business Center. I need to finish the building and furnish it with the equipment needed to run the business. I have broken it into 4 phases
Phase 1.) Foundation, Superstructure, Roofing, Floor and Septic tank. Total cost about $2,300 (Completed)
Phase 2.) Plastering walls, Doorframes and doors, Window frames and Window panes, Painting. Total cost $2,000 (More than half has been done)
Phase 3.) Toilets, Verandah (Roofing, Pillars, Electrical wiring, Tiles) Total cost about $250. (Roofing, Electrical wiring and pillars done)
Phase 4.) Electricity connection to power grid, Equipment (Photocopier, Laminator, 2 Secondhand desktops, 2 Tables, 4 Secondhand chairs) Total cost about $1,000 (Electricity connected secondhand photocopier purchased, secondhand PC purchased)
Total remaining cost for the project is about $1,000
When I get the next loan I hope to finish phase 2 and phase 3.

I plan to help the youths in the area in the way of motivating them to make something of their lives and have computer games as way of teaching and recreation. There is not much in the way of creation and role-models here.

Loan Proposal

I plan to use this loan to finish phase2 of my project. That is
- Plastering walls
- Fix doors
- Fix window panes
- Painting
The total cost of this phase is about ZMK 2,200.
I will find the shortfall of about ZMK 900
I will see how I can use this structure (even in an unfinished state to reach out to the youths around the area (using my psychosocial counselling skills). A lot of the youths around don't have anything to do except turn to beer.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 20, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Ren

Minneapolis/StPaul, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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