56 weekly installments • 93%
Hello. My name is Ketty Shamakamba, I live in the Zambian resort town of Siavonga together with my husband and our four children.
I was born in 1989 in Ndola, a mining town in Zambia's Copperbelt Province. I love and adore my family and it is because of them that I established my business.
I hope to succeed in my chosen venture and to create sustainable employment to the youths of our country and I am grateful to the Zidisha community for giving me this opportunity to expand and grow my business.
I am the Founder and CEO of Cash Mobile Banking Solutions. The company has developed portable Energy Kiosks that provide services, such as solar products, portable battery kits and mobile money services, to people living in off grid areas of the country.
Energy Kiosks, also known as "community charging stations" are a mode of off grid services provision that use solar energy. Unlike microgrids which use a wired connections to serve their customers, Energy Kiosks act as a "walk up" retail model. For a fee, customers can recharge their mobile phones and other portable electronic devices. People can use mobile money services and also buy or rent solar products.
Cash Mobile Banking Solutions has placed several Energy Kiosks in off grid areas that are close to large multinational companies operating in rural areas. Our customers range from employees of the multinational companies, business owners, fishermen and ordinary people. Other than providing mobile money services, we also distribute solar products provided by ANGAZA and d.light.
Cash Mobile Banking Solutions plans to expand the Energy Kiosks to all districts of the country. After all the vast majority of Zambian people live in off grid areas.
I will use the loan to buy mobile units from the Mobile Network Operators (MNOs) for my Solar Energy Kiosks which are located in off grid areas of the district. The mobile units would be available for customers to purchase.
My business is an essential part of the offgrid communities where the kiosks are located. People need to conduct monetary transactions, buy mobile credits, solar products etc, on a daily basis, regardless of the COVID-19 outbreak. Otherwise their lives would come to a complete halt.
We do our part to fight the pandemic by encouraging social distancing and placing washing basins and hand sanitizers on convenient locations close to the kiosks for customers to access them.
Feb 24, 2021: To expand my mobile money network
Apr 20, 2020
Cost to entrepreneur
Service fee: 10% of $24.53 = $1.27
Credit risk payment: $1.54
Amount returned to the platform for this project
Pay It Forward Projects funded by Ketty
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Projects funded by Ketty's Pay It Forward recipients
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