Expanssion of the internet cafe in the community

Emmanuel

Mazabuka, Zambia

14% repaid

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How it Works

Entrepreneur

Name

Emmanuel

Member since

November 2016

On-time repayments

35 installments • 9%

About Me

HACHOOFWE EMMANUEL ARE MY NAMES I WAS BORN IN MONZE DISTRICT IN SOUTHERN PART OF ZAMBIA. I WENT TO PEMBA HIGH SCHOOL WERE I COMPLETED MY SECONDARY EDUCATION.I STARTED MY BUSINESS IN 2014 AND I OVERCAME HARDSHIP THROUGH MY WORKING HARD AND ALSO HELP FROM MY BUSINESS ASSOCIATE AND ALSO THROUGH FAMILY AND FRIENDS.
WHEN I COMPLETED SCHOOL I DECIDED TO DO BUSINESS BECAUSE I HAD NO SPONSORSHIP TO COLLAGE. IN OUR CULTURE THERE IS TOTAL COOPERATION AND ALSO TOTAL RESPECT PEOPLE RESPECT EACH OTHER. MY CHILDREN WANTS TO BECOME ENGINEERS,TEACHERS ECONOMIST AND LAWYERS.I SPEND MY HOBBY AT HOME WITH MY FAMILY AND I ALSO SPEND TIME OUT FOR TOUR WITH MY FRIENDS.

My Business

I PROVIDE INTERNETCAFE AND ALSO PHOTOCOPING AND SCARN ING I PROVIDE THESE GOODS TO HELP PEOPLE AROUND AND ALSO TO FEED MY FAMILY. LOOKING AT THE BUSINESS I RUN ITS ON DIMAND BECAUSE THERE IS NO COMPITANTA IN THE AREA WHERE MY BUSINESS IS CONDUCTED.THESE GOODS ARE ARE ON DIMAND BECAUSE OF THE HIGH NUMBER OF SCHOOLS AROUND AND ALSO THE HUGE NUMBER OF COMPANIES NEARBY SO THERE ARE USEFUL IN THE COMMUNITY.I CHOOSED THIS TYPE OF BUSINESS BECAUSE OF THE KNOWLEDGE AND THE EXPERIENCE I HAVE. THE OTHER THING THAT MADE ME TO DO THIS BUSINESS IS THE INTEREST AND HIGH DIMAND OF IT IN THE COMMUNITY.THE ONLY CHALLENGE AM FACING IS THE ELECTRICITY WHEN ELECTRICITY GOES MY BUSINESS ALSO GOES TO SLEEP SO I WAS PLANING TO BUY A GENERATOR OR GENNCERT FOR MY CAFE.
I NORMALLY USE MY PROFIT TO FEED MY FAMILY AND ALSO TO SPONSOR MY CHILDREN TO SCHOOL AND ALSO TO PAY RENTALS IN MY SHOP.

Loan Proposal

ONCE AM GIVEN THIS LOAN I WILL BUY ONE(1) COMPUTER WORTHY $170. ONE SCANNER WORTHY $130 AND ALSO A PRINTER WORTHY$160 FOR MY BUSINESS.
IF THIS IS DONE I WILL BENEFIT A LOT AND ALSO PEOPLE IN THE COMMUNITY WILL BENEFIT IN THE REASON THAT THEY WILL BE AVAILABILITY OF GOODS AND SERVICES IN MY BUSINESS AND THIS WILL CREATE A BIG ROOM FOR MORE PROFIT THIS IS BECAUSE THE BUSINESS WILL NEVER BE THE SAME I WILL EXPECT 100% PROFIT.