Printer for my business centre
Francis Mbewe
Chipata, Zambia
100% repaid
Entrepreneur
Name
Francis Mbewe
Member since
March 2016
On-time repayments
348 installments • 77%
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
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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: $6.74
Francis opted to pay
$0.30 into the Zidisha Members
Loan Fund in return for a
higher starting credit limit.
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