Distributing affordable phones
Shamasamu Shabula
Lusaka, Zambia
100% repaid
Entrepreneur
Name
Shamasamu Shabula
Member since
April 2016
On-time repayments
258 installments • 68%
About Me
My names are Shamasamu Shabula, 32 years old, the founder of Energetic Smart Generation, complete my secondly education in 2006 at Libala high school. when i was young , about 14 years, my mother owned a shop and she required me to help out after school, that's how my love for business started. she would leave the shop in my care to make orders, sell and balance the books. i am one person who loves to share business ideas and ask questions. i believe two hands are better than one, i love to read and network with person online, and go to church for spiritual guidance.
My Business
Name of the Company is Energetic Smart Generation, we provide mobile money (airtel, mtn, fnb cash plus and Zanaco Xpress services in Lusaka ,Zambia. We have 5 outlets located in Bauleni, three in Chalala and one in woodlands. Mobile money is a fast growing business in Zambia, as it makes it easy for people to access and send money. It's on evey corner, and the bank of Zambia the governing body has supported this service. Mobile money is in places that banks can not operate, giving mobile money an advantage over the banks.
Loan Proposal
Zambia has a population of 16.59 million and only about 6 million are on mobile phones. As ESG we have seen the opportunity and built a relationship with the community. We import pre-used Mobley phone from the USA & UK on ebay, Ali express (online) and sell them to the community at an affordable price.
With this loan, here is a break down
Pre-used mobile phones____________________$800
Transporting ( Shipping)____________________$200
Marketing (boosting on facebook page)___$100
With a profit of about 50%, I will manage to pay back the loan on time. My track record proves the above.
Thank you for your support
ESG
SHAMASAMU
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,429.03
Date disbursed
Sep 18, 2017
Repayment status
On Time
Projected term
31 months
Cost to entrepreneur
Service fee: $36.56
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