Sattelite accessories

Kelvin

Lusaka, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Kelvin

Member since

June 2016

On-time repayments

38 installments • 39%

About Me

kelvin mwamba are my names , i went at lubwe secodary school were i did my grade 9-12 then i worked for finance bank from 2004- 2009 as a bank teller. In 2012 i started persuing finance and accounting at university of zambia and graduated with a merit in novermber 2014. am currently in business in lusaka zambia

My Business

Iam i to satellite business which we commenced four years ago. we sale product rage which include the following- decoders, satellite dishes, network cables, remote controls and LNBs etc. we also offer service on dstv subscriptions and zoona money transfer. we are into this business because entertainment industry has grown and there is increase demand. on every sale we make eg on decoders we get a markup of k50. the profits are used to reinvest in our business to grow.

Loan Proposal

This time i want to purchase more satellite accessories, LNBs $5.00, COAXIAL CABLES $5.70, RF CONNECTORS $0.50, REMOTE CONTROLS $7.00 , AV CABLES $3.00, and others
these are fast moving items that will help my business expand fast and create employment for others. from this investment iam expecting K1,500.00 as my profit after expenses.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$309.00

Date disbursed

Sep 30, 2016

Repayment status

On Time

Projected term

3 months

Other loans

Jul 2016: $141

Jan 2017: $350

Lenders

Tmann

Los Angeles, United States

Bob Fitzjohn

Fontvielle, Monaco, Yemen

JonB

London, United Kingdom

Matching Fund

Sterling, United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

Pitten, Austria

Netherlands

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Memphis, United States

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Oslo, Norway

Finland

Brumunddal, Norway

Uruguay

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Ireland

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Taiwan

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Bologna, Italy

Australia

Switzerland

Bern, Switzerland

Lyon, France, Belgium

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Sweden

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Norway

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Switzerland

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Germany

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Los Angeles, United States

United States

Germany

Netherlands

Göteborg, Sweden

United States

Germany

United States

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Los Angeles, United States

Angela Linwood

Minneapolis, Minnesota, United States

United States

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Sweden

United States

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Australia

Switzerland

Sweden

United States

Kansas City, Missouri, United States

Germany

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Belgium

New York, Ny, United States

Hamburg, Germany

Jeddah, Saudi Arabia

Germany

Canada

Munich, Germany, Germany

Sachet Marion

United States

Elle

New York, United States

Norway

Germany

United Kingdom

Annecy, France

Amsterdam, Netherlands

Bernadette Wijnings

Netherlands

Guatemala

Maximilian Reich

Germany

Laura

San Francisco, United States

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Germany

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Kansas City Metro, United States

Svetlin Panayotov

Targovishte, Bulgaria

Ryan Keller

Hong Kong, Hong Kong

Cormac McCarthy

United States

Raymond Murphy

Carson Valley, NV, United States

Qasim Halai

United States

Jonathan Giuffrida

Chicago, United States

United States

United States

United States

Switzerland

Australia

Switzerland

Australia

Ireland

Canada

Switzerland

Australia

United States

Germany

Canada

Munich, Germany

United Kingdom

Guatemala

Germany

Traiskirchen, Austria

Germany

United States

Norway

Australia

Canada

Australia

Germany

San Francisco, United States

Benjamin Kniaz

Boston, United States

United States

Germany

United States

United States

United States

Rome, Italy

Humble Bundle Community

San Francisco, United States

Ritchie and Jie

Hong Kong

Anonymous

United States

Anonymous

United States

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Kelvin Jan 20, 2023

Economic challenge business has gone down due to covid 19 and change of government

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Kelvin Mar 3, 2017

i wish to apologize for late payments, this has been due to slow of business encountered by heavy rains that we have experienced. how ever the amount will be settled next week. thank you for your support

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Kelvin Feb 7, 2017

I write to confirm that i received my loan on 3rd February 2017 and i have purchases 10 DSTV decoders at $27.00 each and single LNBs at $5.00 each. Am very grateful for the loan, thank you to all my lenders for the support. God bless you

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Kelvin Feb 2, 2017

I thank you my lenders for the loan, am buying DSTV decoder @ $27.00 each by 10 and LNBs. This will increase my markup to $100.00 and will help me to pay school fees for my sister. Thank you all my lenders God bless you.

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Kelvin Jan 25, 2017

I wish to say happy 2017 to my lenders, this year i have employed one more work at my store and i have started my degree in finance and accounting with the university of lusaka. Thanks to zidisha for the support

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Kelvin Jan 9, 2017

I would like to inform my lenders that i go to farm from time to time, this has made me pay most of my repayment late, however the loan has being fully paid. i felled to intrust someone to be paying for me because the festival season is so tempting. I thank you for the support.

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Kelvin Sep 30, 2016

I want to inform you all my lenders that I have received the loan in my account amounting to K2,844.00 From the disbursed amount i have bought the following
satellite dishes, LNBs,Decoder power packs, coaxial cables and others.
I thank you for the loan, it will help me increase my purchase of stocks and hope to employ others in future. thank you very much.

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- Doctor Nov 23, 2016
  
  UPDATE from Kelvin: Kelvin was outside the coverage area, where there was no network, hence he could not send the weekly repayment. He promised to send by tomorrow the 25th November, 2016 and the next repayment he will send on Saturday the 26th November, 2016. Thank you lenders for your kindness.
  
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Kelvin Sep 27, 2016

i would like to say thank you to my lenders for the loan, iam going to buy more stocks double than last loan i got. the loan will help me to pay for my brother school fees at college and increase my capital. iam very greatfull to you all my lenders, may the all mighty God bless you for the help you are providing to us with little capital. thank you once more.

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Kelvin Sep 15, 2016

I wound like to thank my lenders for my last loan which i used to purchase satellite accessories for my business. with the increase demand in entertainment, despite the previous political situation my business has improved. the loan has helped me stock a number of items at least not all customers were walking away without buying an item. my earnings have increased by 15% despite the challenges after elections. the increase in my earnings has helped me to contribute to my brothers college fees. Iam very grateful to my zidisha lenders and hope my second loan will add more to my business to expand to other areas.

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Kelvin Jul 8, 2016

Thank you for the loan, it will help me grow my business and employ others in the near future. Iam going to buy satellite accessories for resale eg. power packs, remote controls, coaxial cables, LNBs and others

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