Printer for my business centre

Francis Mbewe

Chipata, Zambia

100% repaid

Entrepreneur

Name

Francis Mbewe

Location

Chipata, Zambia

On-time repayments

265 weekly installments  •  98%

About Me

Growing up in a Village and raised by great grandmother, i studied under a kerosene lamp and every month i missed school due to sickness caused by the fumes from the kerosene lamps. Its an experience i don't wish any child or woman to go through. My great grandmothers meager earning she used to have was mostly spent on my medication, while my uncles were busy abusing my aunties and spending their money on beers. I grew up knowing the challenges women go through. I grew up knowing that when a woman is empowered then the whole village is empowered. I saw it through my great grandmother Sofia and through my aunties.

Its this experience that has shaped my career path. I chose to be a Social Entrepreneur so that i can create opportunities for women and girls. So that i can enable women and girls have equal accesses to products and services that can put them on a road to economic prosperity.

My Business

For the past 3 years i set up Kukula Solar, a social business that seek to distribute 100,000 solar products to rural and peri urban communities of Zambia. 90% of these solar products will be put in the hands of women and girls so that they can be empowered to do more. For girls, to study for longer hours and for women to work for longer hours. Its here at Zidisha were we launched this social business and together we have distributed over 3,000 solar lanterns. We still have 97,000 solar lanterns to distribute, thats why i invite all our lenders here to help us get these life changing products to the women and girls I'm so passionate about!

Loan Proposal

I want to buy a Toner Printer for my business center which cost USD$198.2.
Once bought the Toner Printer will be of benefit to me because i will save more money from buying Cartridges which i currently use and the Toner Printer will print more papers then the current Cartridge printer that i have. This will help me increase my profits. Since most of the printing jobs come from students, a toner printer will help to print bulk orders and in return give the students and other clients an opportunity to have all their printing works done at my business center. If i acquire the toner printer, my profit will increase by 60% in the first 2 months because just switching from cartridge printers to toner printers is profit in itself. The initial investment in toner printer is higher than in the cartridge but once we have the printer profit is guaranteed.

My Videos

Jan 18, 2021: Impacting lives using zidisha loans

Feedback

9

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  • Kirk Moore    Jul 9, 2021

    Thanks for paying back early!

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  • Cianna    Jan 18, 2021

    Francis is the best! I am happy to support such an innovative and pro-social entrepreneur! I will continue to lend each time Francis makes a request since he is doing some truly amazing work!

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  • David    Jan 17, 2021

    Loan was originally scheduled to take three months. Despite the pandemic hampering his business, Francis continued making regular payments, completing the loan in 13 months. I appreciate your commitment during a very challenging time.

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  • David    Dec 1, 2019

    Although the loan was for a larger amount, regular payments were received and the loan was paid in full as originally scheduled. I am pleased to be able to help such an amazing project.

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  • TomF925    Mar 7, 2019

    Thanks for sharing your website:
    www.kukulasolar.com
    I certainly recommend everyone have a look. Well done! Also, Zidisha blog has a great article about Francis:
    p2p-microlending-blog.zidis...

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  • TomF925    Mar 21, 2017

    March 15, 2018. Just a friendly suggestion for everyone to visit Francis' inspiring campaign:
    LIGHTING UP LIVES IN RURAL ZAMBIA
    igg.me/at/BU8v3PUek-U
    March 21, 2017
    I am thrilled by each message and each photo that Francis posts in the Discussion. Have a look everyone!

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  • Jan de Wit    Mar 20, 2017

    +1 Francis' enthusiasm
    +1 Francis' story's
    +1 Francis' repayments

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    • Francis Mbewe    Mar 20, 2017

      Thanks so very much Jan for your Positive Feedback and also for loaning to my fourth loan request. Together we will do so much for in displacing kerosene use in slum and rural Zambia!

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  • BernadetteV    Mar 19, 2017

    Francis many regular repayments and kept us informed about his business. It was a pleasure to lend to him.

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    • Francis Mbewe    Mar 20, 2017

      Thanks so very much BernadetteV! The Loan you provided me with helped reach more women and school going children with solar lamps! Thanks and i invite you to be part of the next loan request in will be making!

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  • TomF925    Jul 3, 2016

    July 3, 2016. Excellent communicator. Please see discussion. Francis is passionate about replacing harmful kerosene lamps with clean, practical, affordable solar. These products save the families $70 in just one year.
    March 17, 2017. He was just now awarded a prestigious Mandela Washington Fellowship!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.08

Date disbursed

Mar 11, 2016

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: 5% of $200.08 = $10.06

Upon joining Zidisha, Francis paid a lifetime membership fee of $0.32.

Francis opted to pay $0.32 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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Diego

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Craig Newmark

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The Zinc Team

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Ask Francis a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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