Risk capital for the youth development hub

Aubrey

Lusaka -mazabuka, Zambia

100% repaid

Entrepreneur

Name

Aubrey

Member since

January 2018

On-time repayments

19 installments  •  26%

About Me

Trained in business skills for youths at University of South Africa (UNISA)and University of San Diego (USD), California United States, and also as a 2017 Mandela Washington Fellow, am involved in training youths to start own small businesses in remote community as an alternative to youth high unemployment in my country. I realized that life was all about sharing if we are to achieve more in this life, which is why i decided to create an empowerment scheme that strive to empower youths with skills and seed capital to enable them start their own businesses in future.
Traditionally, people in my community give birth to many children in a plea to have enough human resource to help the family into Agriculture. But with the economic hardships that has hit our globe, parents are not able to save for their children and majority of the children cannot find jobs after school. Each year, 5600 pupils in Mazabuka District alone are on record of completing school and the number is even bigger considering those others that are not recorded.
I would like to see children growing as responsible global citizens that will be part of global revolution in making sure that the world becomes a better place for us all, free from crime, discrimination, corruption, pollution and climate degradation. This will be achieved if parents, pupils, teachers and corporate business participate in the Business & Leadership Development Plan (https://web.facebook.com/MazabukaYouthEntrepreneurInitiative/?ref=settings) which provides skills training and seed capital to children as they grow.

My Business

My Business 'Chipapa Empowerment Scheme' is an entrepreneurship development hub that builds capacity of pupils at tender age to help them gain business skills. Upon graduating from secondary school, the scheme deploy youths into various business activities they have developed and fund then so that they become employed to the scheme as production agents.
This is done through the implementation of the 'Business & Leadership Development Plan' which is technically designed to identifies talent, creativity, innovation and technology in ordinary children and with a help of a mentor (Parent/Guardian) transform them into a viable business plan while raising funds through crowed funding to finance a community Wholesale Distribution . The Community Wholesale Distributor latter on acts as marketing centre for daily consumable products and in future will buy products for resale to its graduates.
To achieve this goal, our Business is looking for a Loan of $25,000 risk capital required by statutory body to run such ventures as insurance or Bank.
We are also looking for an equity partners to create a joint venture with us.

Loan Proposal

Our business 'Chipapa Empowerment Scheme' empowers youths who are at risk of future youth unemployment syndrome with self employment life skills as an alternative approach. We are looking for a Risk capital of $25,000 to be invested in our planed Income Generating Activity called Community Wholesale Distributor which intend to supplement the day to day operation of the scheme's seed capital for our graduates.
Details!
U.S. Embassy Zambia May 19 · Meet Aubrey Chipapa, 2017 Mandela Washington Fellow. Aubrey is a Youth Economic Development Activist and Director for Youth Empowerment Scheme in Zambia. He resides in Mazabuka where he works with pupils in schools and the community to promote self-employment to youth who are at risk of unemployment. While on the Fellowship, Chipapa hopes to sharpen his leadership and advocacy skills so as to influence policy change and further create connections with key stakeholders around the globe. Upon his return to Zambia, he plans to open a pension scheme that will provide seed capital and inputs to immediate high school graduates. #USZamExchanges

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Loan Info

Project Type

Classic Loan

Disbursed amount

$66.00

Date disbursed

Feb 23, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Thomas Naimoli

United States

Day Family

Melbourne, Australia

Paul Buchheit

Mountain View, United States

Malibu River

Tokyo, Japan

M

Mary

United States

A

Anonymous

United States

DE

D'vorah Elias

United States

A

Anonymous

United States

Robert Gould

San Antonio, Texas, United States

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