Sack bags, transport and sowing ropes for charcoal business

Joseph

Lusaka, Zambia

14% repaid

Entrepreneur

Name

Joseph

Member since

February 2018

On-time repayments

25 installments  •  20%

About Me

During childhood, one needs to enjoy his/her life without any worries. It is a time in which one should take care of their diet, health, and immunity. Besides, the children should be taught to be neat and clean, to eat, read, sleep, play, and to do exercise regularly and these things should be in the habits of the child. For me, i can only wish it was the same. My grandmother was my mother and my father cause my mother was too young to take care of me and my father died when I was just a baby. therefore, both my parents were nowhere near during my childhood. Barely twelve years old my grandmother died too and I was sent to a boarding school by my mother. My Ultimate Dream as a child I have always had many dreams and goals in my life perhaps because I never hard things. I have now realized that I cannot always have what I want in life as it can then become too complex and complicated. I think this because everyone wants to aim for the best in all their dreams, but as we grow older we realize that not everything is that easy. I also think that we all have to be successful in order to fulfil those dreams in our lives. A few of them include starting a career in business and succeeding in creating my own company. To add to this, I also love to experiment with my surroundings and find out new things so that it can help people in their everyday lives for example creating new inventions and medical remedies. Also I want to try and find new ways in which I can help nature and the natural world. I have been inspired to include these aspects in my ultimate dream because I find that I am capable of achieving these goals and I have a particular talent in them such as being able to manage and lead a group of people, working as a team and organization skills. Although I can do all these things I still work hard to improve and increase on my skills and abilities. Also I was saying that I wanted to create inventions, medical remedies and find new ways to help the natural world because I enjoy trying out new things and learn on new ways to help the natural world because I like solving scientific problems such as Global Warming and finding better renewable energy sources for the world. As well as that personally I think that it could just be done simply for enjoyment and pleasure. Another reason for this is because I have been encouraged a lot by my family to try harder in my education and to be more motivated towards what I want to achieve, this helps me in a way because it makes me feel more confident, also it makes me want to achieve my dreams even more.

Oh my goodness the number of hard times that I have encountered in my lifetime are too many to list. I cannot think of a single person who has achieved anything that was not preceded by “failure” of some sort. For me, I have faced life and death moments, lack of capital and resources. I have been in the lion’s den surrounded by people who were united in my assured destruction. I keep on picking myself up after being knocked down and starting all over again. Each time I start over I get stronger and wiser. I am also a Christian not only buy name but, my knowledge and my life is shaped by the word of God. So, no matter how hard my life gets I always have faith and hope to see the light at the end of the tunnel.

I started my business like a joke. On my birthday my uncle gifted me an XBOX 360 console, which is the mother of my business. Came a time, i was tired of playing games. So, I started renting it for 25ZMW a day. I collected valuable collateral in exchange of renting my game. I did this for about a year and latter looked for a fixed place, where i have attracted more people who play games within my shop and rent games in the evening. With just one console I managed to buy two more consoles, with the profit I was saving from my first Xbox 360 console. Currently, with the help of Zidisha, i have expanded my business by buying another Xbox 360 console, a printing machine and i have started a business of selling clothes.

Zambia celebrates its independence day on 24 October, we shine a spotlight on this stunning Southern African nation, which is known amongst other things for its waterways, wildlife and witchcraft. My country is famously known for peace and love, that it shares among its eight neighbors and the globe at large. According to the World Economic Forum (WEF), Zambia is one of the safest nations in Africa. In fact, it’s very nearly rated as safe as Great Britain, which should inspire confidence in would-be travellers.

I love listening to good music, reading, dancing and I enjoy learning despite were the knowledge is coming from and teach when it’s necessary. I have discovered that not all things are in books, on television(TV) or on internet but also in travelling, meeting new people and getting new Ideas.

My Business

I run a game center with video games like Xbox 360, Xbox one and ps2, ps3, ps4 and games are connected to a television(TV) so that anyone who wants to play has to pay before playing. In short I can say my service is to entertain youths. I create electronics tournaments such as FIFA, need for speed and main more.

Zambia is new to technology so are its people. Games and technology are really new things and people are hungry to have a bite of it. This is the main reasons my business is in demand at the moment, people never stop playing games.

I am a gamer and a student of programming and designing. so, I enjoy playing games and doing this business. Like I said earlier that i love to experiment with my surroundings and find new things that can help people in their everyday lives. This business is a profit not only to me but to my community also. I help young ones who do nothing but partake in drug abuse, fighting, stilling, using abusive language and with broken dreams of becoming political thugs, commonly known as cadres. With my skills and my God's little given wisdom they have opened their hearts and minds for me to pour love and hope into their hearts and wisdom in their minds, knowledge and dreams into their lives. I believe I am making a difference in my community.

I rent a shop which i usually pay monthly, the shop’s electricity bills. Due to Covid 19 i am in need of more money to rent a bigger shop so that I can observe social distance, buy hand sanitizers and soaps for my customers to use.

I use my profit for transport when i want to go somewhere, for my education. rentals, buying food. I use my profit to expand my business and to repay my loan so as to be able to qualify for a high amount.

Loan Proposal

Given the loan, I will invest the loan in a charcoal business. I will use the loan to buy sack bags, for transport, sowing ropes and manpower to help with the packaging.

I always succeed in my businesses due to the facts that i understand business is dynamic and each business has a season in which it flourishes. Charcoal business plays a significant rule in the economy of the country in terms of employment, income generation and as a source of energy. As Zambia depends mostly on hydro electrical power, in the hot seasons the waters levels drops and during these moments we experience terrible load shedding in a county. it's in these times that charcoal becomes the main source of energy and a very profitable business for me as a business man.

To successively run this business i need to invest in about 15000ZMW to get about 150 bags of charcoal, then sale them on 250ZMW to 300ZMW each. If i multiply 150 bags by 250ZMW, i will get more than 37500ZMW. When i subtract all the business expenses and the loan money i will have about 22500ZMW as my profit increase.

Income Source

First and foremost, I have built a good reputations with Zidisha through repaying the loans on time. Zidisha records clearly shows that i am punctual and responsible if given the loan. With the help of Zidisha, i have managed to build up three businesses. I have a recreation center which is the combination of a game center and a cyber café, and a clothing business. All these businesses i have mentioned each is capable to repay the requested loan with no difficulties. Zambia has managed to keep on fighting this current economic climate by opening its borders and keep the wheels of the economy running. Therefore, i have no worries, the business i want to invest the loan in will be a success and repay the loan easily.

Thank you

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$865.00

Date disbursed

Oct 21, 2020

Repayment status

Late

Projected term

4 months

Lenders

R

Raabo

Rungsted, Denmark

investor

Candiac, Canada

Kitty

Hailsham, United Kingdom

M

MiguelGago

Guimarães, Portugal

eagle3

Grand Ledge, United States

AltruisticSelfishnes

Chicago, United States

lietu

Tallinn, Estonia

Hope2012

United Kingdom

J

jozua

Delft, Netherlands

LA

United States

Kjartan

Oslo, Norway

Martin

Manama, Bahrain

R

rcmssr

Woodbury, United States

T

Tallago3

Munich, Germany

P

PaulDC

Washington, DC, United States

Pere

Barcelona, Spain

AF

a f

washington, United States

T

ToddK

Indianapolis, IN, USA, United States

MakeSense

-, St. Kitts and Nevis

C

cjmenchaca

Austin, United States

MindMuse

Talking Rock, United States

H

hwwijono

Jakarta, Indonesia

Apmay

Melbourne, Australia

N

NancyG

Victoria, Canada

Tavin

Ottawa, Canada

CharlieBfl

Vaduz, Liechtenstein

T

tmsaddress

Orlando, Florida, United States

S

SlyDoh

Tomball, Tx, United States

L

Lenah

Vert Saint Denis, France

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

J

JoJoHouse

New Castle, United States

A

Austrian

Graz, Austria

B

bugsheep

Houston, United States

Jouni

Finland

AdvancingCompassion

San Diego, United States

peanut

Halifax, Canada

zphelj

Dallas, United States

S

Scodeb123

Huntsville, United States

B

bitofrits

New York City, United States

P

Peksa

Espoo, Finland

T

TowerOfLondon

Lynden, United States

M

mkellerman

Shanghai, China

T

Tui1974

nuenen, Netherlands

V

Valis

Singapore, Singapore

nakamura

United States

fairspirit

Utrecht, Netherlands

N

Norin

Germany

F

flaguy999

Tampa, United States

Z

zedoud

Hamburg, Germany

J

Johannes

Pirmasens, Germany

T

Taupe

Balzers, Liechtenstein

JTShorty

Gorham, Maine, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

G

Goldrivermob

Gold River, Canada

M

Moonknight

Østre Gausdal, Norway

Hedwich

Gorssel, Netherlands

A

AndrewC

London, United Kingdom

A

anagnan

BRUXELLES, Belgium

L

Leonora

TÄBY, Sweden

P

Pavane

Kungsbacka, Sweden

R

run426

DeBary, United States

Lambie

Perth, Australia

JonB

London, United Kingdom

ibc123

Seattle, United States

xtrahardware

Cazenovia, United States

lizandsteve

guelph, Canada

V

vrthe99perc

KUALA LUMPUR, Malaysia

J

jumpfunky

Dortmund, Germany

barthez

Hamm, Germany

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

Jamesaubrey

Norman, United States

mikeice

Kohler, United States

Evan Lamos

Brussels, Belgium

I

Iamzwolf

Middletown, United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

G

GoughGirl

Washington, Dc, United States

D

drorm

United States

mhooper1962

London, United Kingdom

M

merk85

United States

D

DaveElliott

United Kingdom

Insomnus

Cheltenham, United Kingdom

H

hodor

Australia

johnhudson

Washington, DC, United States

chriseyre

Fremont, Ca, United States

B

bscent

Hong Kong

Lisbeth

Perth, Australia

Vesa

Helsinki, Finland

V

vbud

United States

TyrynyRed

United States

Grant Xavier Storer

Seattle, Wa, United States

ThomasJosef

Berlin, Germany

M

Marielle

United States

Otto Barten

Amsterdam, Netherlands

Michel Bavin

Antwerp Area, Belgium

N

Nicolaas

Doha, Qatar

E

egines

United States

E

Ejackson

United States

T

thehigginsons

United Kingdom

M

mbarbier

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

JL

Joao Leal

United Kingdom

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

W

Wade

United States

PP

Pasi Paajanen

Helsinki, Finland

Mark Thumpston

Solihull, UK, United Kingdom

Craig

Memphis, TN, United States

Lou Kaucic

Sanbornton, NH, United States

Kristin Rhodes

Kansas City, Kansas, United States

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

Jennifer Weber

Canandaigua, Ny, United States

C

cota

United States

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

Framework Eyewear

Utrecht, Netherlands

Pedro R-C

Cambridge, United States

Mattie Shaw

Seattle, United States

Mark Grey

Redding, CT, United States

AH

ajay hampapur

United States

Aran Dunlop

United States

Paul Smithson

Leeds, United Kingdom

A

Andrei

United States

P

Peter

Bratislava, Slovakia

AV

Alex Victor

Scottsdale, United States

SH

Steven Huntington

London, United Kingdom

Rory McLaughlin

Dallas, United States

VS

Vicki Stewart

Charlotte, United States

R

Rahima

United States

Anonymous

Ocoee, United States

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

RC

Rudi Chen

United States

SB

Sue Bucholz

Sacramento, United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

W

Wim

Netherlands

SA

Steve A

Newbury, United Kingdom

J

James

United States

RG

Ravi Gadad

United States

LZ

Li Zhang

United Kingdom

Sinan Taifour

Munich, Germany, Germany

Rick

United States

SA

Shar Alamdari

Los Angeles, United States

Benjamin Kniaz

Boston, United States

SH

Stephanie He

United States

WS

Warren Shen

United States

JS

Jason Strauss

United States

MF

Mike Frawley

United States

KJ

Kevin J Baird

Cleveland, OH, United States

JV

Jose Vidal

New York, United States

NK

Navid Kiassat

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

hervey liu

United States

NH

Nancy Hull

United States

Melissa K

Portland, Oregon, United States

Dean Suminski

Portland, Oregon, United States

M

Margaret

United States

C

Cecile

United States

Paul Buchheit

Mountain View, United States

Tyler Metcalf

Utah, United States

Cari Donaldson

United States

Jane

Ontario, Canada

S

Sarah

Arlington, United States

A

Alex

United States

BN

Brian Neilon

United States

Nethanel Kohen

NYC, United States

MR

Micky Richards

United Kingdom

MC

Melissa Corrigan

Richmond, California, United States

Mark Rowlatt

Peterborough, UK, United Kingdom

JS

jackson silvey

United Kingdom

Thereze Ovid

Brooklyn, New York, United States

A

Alex

United States

PB

Powered by me

European Union, Netherlands

RD

Roel De Meester

Antwerpen, Belgium

LM

Lee Montecucco

Washington State, United States

sbdoc

Reno, United States

AM

Andy Marston

United Kingdom

E

EJOBIV

United States

JP

Junggiu Park

Seoul, Republic of Korea

PA

Peter A

New York City, United States

Elizabeth

Australia

SB

Stephen B

United States

Richard Paulin

Sydney, Australia

CH

Christian Holck

United Kingdom

Brian Thomson

Lyndoch, South Australia, Australia

CJ

Chloe Jensen

United States

Nick Studenski

Minneapolis, United States

Remo

Switzerland

Ryan Agnew

Australia

J

Netherlands

WV

Wouter van Buizen

Amsterdam, Netherlands

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

I

Ivan

New York, United States

AO

Ahmed Omar

Netherlands

VD

Vince Darley

United Kingdom

United States

R

RM

Australia

D

Dave

Canada

GA

Gal Ashuach

רעננה, Israel

D

David

United States

EA

Eric Ayers

Atlanta, United States

SW

SL Wilson

United States

Dustin Lape

Lynchburg, United States

Peter Collins

Darmstadt, Germany

C

Camm

Australia

Maximilian Lim

Singapore, Singapore

MA

Maggie and M

United Kingdom

Andrew

United States

B

Bram

Germany

Nathan

Columbus, United States

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

United States

E

eoghan

Switzerland

M

mhuuden

Netherlands

VV

Vicky Vics

United Kingdom

Jakrae

Dallas, TX, United States

M

Mila

United States

JA

Justin A

Fort Collins, United States

Tom Purser

Cambridge, United Kingdom

S

Sam

New Zealand

B

Brandon

United States

A

Anonymous

United Kingdom

J

John

Minneapolis, United States

A

Anonymous

United States

MG

MICHAEL GANN

United States

D

Dan

Australia

A

Anonymous

United States

Yosef

United States

KM

Kirk Moore

Cerdanyola del Vallès, Spain

A

Anonymous

United States

MM

McLane Muller

United States

A

Andy

United States

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Summary

Amount repaid

$119.51

Amount remaining

$745.96

Expected completion

Mar 14, 2021

Status

Repaying late

Installment amount

$11.37

Repayment History

Expected Payments Actual Payments
Nov 1, 2020 $108.14 Dec 13, 2020 $108.14
Nov 8, 2020 $0.00
Nov 15, 2020 $0.00
Nov 22, 2020 $0.00
Nov 29, 2020 $0.00
Dec 6, 2020 $0.00
Dec 13, 2020 $0.00
Dec 20, 2020 $0.00
Dec 27, 2020 $11.37 Feb 4, 2021 $11.37
Jan 3, 2021 $11.37
Jan 10, 2021 $11.37
Jan 17, 2021 $11.37
Jan 24, 2021 $11.37
Jan 31, 2021 $108.14
Feb 7, 2021 $108.14
Feb 14, 2021 $108.14
Feb 21, 2021 $108.14
Feb 28, 2021 $108.14
Mar 7, 2021 $108.14
Mar 14, 2021 $51.65

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