Paulson
Lusaka, Zambia
100% repaid
Name
Paulson
Member since
July 2016
On-time repayments
137 installments • 51%
My business started way back in 2012. I didn't have enough resources to sustain my business, yet through perseverance and hard work using the little resources [I had], I started growing. Commitment and being creative made me pull through the hard times. I am a first born in the family of six, and I would like to be a role model to my siblings by showing determination and hard work at all times. Some months ago, I got a loan from Zidisha, which in turn helped change the face of my business. I have again decided to request for a loan to purchase a new cartridge for my photocopying machine that I bought in an auction sale. This will enforce on the number of copiers in my centre.
My business offers services including photocopying, printing and typing, and internet services, which helps me make about ZMK1700 (USD $193) monthly on average, though at times business can be on the bad side, so I can make much less than the figure highlighted above. The location is near 5 government schools and a newly built private school: this in turn makes my business ideal as the services are in demand. Despite being near these locations, business has become hard because of [bad] luck in some equipment, thus the need to buy more equipment to improve services and my profit base.
My culture is characterized by social and loving people who always want to cooperate and mingle with others. My hobby is soccer: I like watching and playing during my free time. I also have a team of young soccer players who I coach in my free time.
When this loan is given, I will purchase a new cartridge for my copier, a binding machine, and a laminating machine. The equipment cost as follows: the sharp AR copier cartridge is at US$210, the spiral binding machine is at US$105 and the laminating machine at US$85.
When the mentioned equipment are purchased, they will help in offering the services that have always been in demand by my clients and are currently unavailable; this will in turn increase my profit base by 10%, thus helping improve the living standards of my family (considering the increase in my rent payments & living costs)and my soccer team. It will also help my business grow and will make my customers happy continuing to enjoy the relationship we share.
My business started way back in 2012. I didn't have enough resources to sustain my business yet through perseverance and hard work using the little resources, I started growing. Commitment and been creative made me pull through the hard times. Am a first born in the family of six, o would like to be a role model to my siblings by showing determination and hard work at all times. Some months ago, I got a loan from zidisha which in turn helped change the face of my business, i again decided to request for a loan to purchase a new cartridge for my photocoping which was given and I finished paying for it. During the last loan, I purchase a much more better and bigger photocopying machine that can do a back to back copying, staple and do insertion. I want to further bring in a new laminating and binding machines to enhance service provision.
My business offers Services including photocopying, printing and typing, internet services which helps me make about ZMW5000 monthly on average though at times business can be on a bad side that I can make much less than the figure highlighted above. The location is near 5 government schools and a newly built private school, this in turn makes my business ideal as the services are on demand. A lack of adequate equipment has somehow made business being slow thus the need to buy more equipment to improve services and my profit base. My culture is characterized by social and loving people who always want to cooperate and mingle with others, a people who are very accommodating, who are willing to learn new things and socialize. My hobbies is soccer...I like watching n playing during my free time, I also have a team of young soccer players who I coach in my free time. my little efforts that I do also do help the youths in the community.
When this loan is given, i will purchase a new cartridge for my copier, a binding machine and a laminating machine, the equipment cost as follows: the sharp AR copier cartridge is at US$210, the spiral binding machine is at US$105 and the laminating machine at US$85. When the mentioned equipment are purchased, they will help in offering the services that have always been on demand by my clients and are currently unavailable, this will in turn increase my profit base by 10% thus help improve the living standards of my family (considering the increase in my rent payments & living costs) , my soccer team, help my business grow and will make my customers happy continuing to enjoy the relationship we share.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$404.00
Date disbursed
Jul 29, 2017
Repayment status
On Time
Projected term
5 months
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