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
Am getting to finish the building and furnishing
-Painting K1,000
-Branding K2,000
_ PCs K4,000
- Laminator K700
- Tables K1,000
- Chairs K500
TOTAL K9,200
The loan I have applied for is not enough for what I need to complete. If I get a bigger loan I will struggle with repayment. So I will try to source the difference from elsewhere.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$553.00
Date disbursed
Oct 28, 2019
Repayment status
Late
Projected term
21 months
Other loans
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