Tiles for house renovation & computer accessories for my shop
Misheck Mwanza
Lusaka, Zambia
100% repaid
Entrepreneur
Name
Misheck Mwanza
Member since
September 2016
On-time repayments
207 installments • 59%
About Me
I was brought up with a single parent, only a mother, and she was the marketeer. She was an inspiration to me; that's how I got the skills. I did my primary level education at Chibolya Basic School and secondary at Lotus Basic School. I finished my school at Kamwala High School in 2008.
I lost my parent in 2010, which was too excruciating because she was my backbone. That's how I thought of starting a business of my own to keep on living in 2011.
In my town, people are social and it's a good place to do business. I have no children, yet I would love them to do business because business is life and service. I like chatting with friends.
My Business
My business deals with phone accessories and IT. Because everyone is using phones and computers each single day, it's a good idea. People need headsets, batteries, chargers, USBs, different cabs, mouses, flash drives, memory cards, and OS updates to their computers and phones every now and then. And the area is densely populated.
I chose this business because it's not common here in the compound. It's only found in town, so many people will be getting it near their homes where my business and service are located. We also offer good service for clients.
I sell: headsets that I buy for $2 and sell for $5; batteries which vary in price, some are $1, $2, $5, selling at $2.50, $5, and $10; chargers at $2.50 selling for $6; USB for $0.80 selling for $2.50. The revenue is double the cost. I use the profit from my business for investing and paying for school fees for my sibling and my nephew.
Loan Proposal
I am thankful to lenders and the [Zidisha] team. My plan is to install tiles and plaster the wall of my house, and add stock in my shop.
11 boxes @ $28 each: $308
5 pockets of tile fixer @ $2 each: $10
10 pockets of cement @ $6 each: $60
5 tons of sand: $75
2 16GB flash discs @ $6 each: $12
3 keyboards @ $5 each: $15
5 boxes of reams of paper @ $15 each: $75
2 inks @ $15 each: $30
Labor: $250
My house will be done, so I will not have the issue of spending on rentals; my family will benefit also. My income will increase to $205.
About Me
I was brought up with a single parent only mother, and she was the marketeer, she was an inspiration to me that's how I got the skills from . I did my primary level at chibolya basic school, secondary at lotus basic school and I finished my school at the kamwala high school in 2008.
I lost my parent in 2010 which was too excruciating cause she was my backbone. that's how I thought of starting my business of my own to keep on living in 2011.
People are social and it's a good place to do business and also my people here are into been employed so it a huge advantage to my business . No children yet I would love them to do business cause business is life and service
I like playing chess in my leisure time.
My Business
-i deal with phone accessories, IT and Party time buying of crops and reselling such as maize and groundnut.
-Phone accessories and IT I established it in 2011, and party time of buying of crops it was in 2013.
-My business for phone accessories is located at Lusaka central in my shop
and for buying and selling of crops is located at eastern province of Zambia katete district at the mujandi village.
-I only work with my brother in law for the crops
-crops we normally sell to the Indians at katete
- cause everyone is using phones and computer each single day so its idea, people needs headset, batteries, chargers, USB, different cabs, mouses, flash discs,memory cards and updating their os computers and phones every now and then. and the area is dense populate.
The buying of crops is ideal cause our stepper food is maize, and groundnut are also on demand so no wonder I thought of it and we have potential buyers of groundnut
-i choose it cause its not common here in the compound its on found in town so many people will be getting it near their home where my business and service are located. we also offer good serve for clienties, I took it as a privilege to deal business with villagers cause it's hard for them to find money to pay for schools and other house needs.
-headsets order $2 selling $5, batteries varies the prices some $1,$2,$5 selling at $2.5,$5 and $10. chargers order price $2.5 selling $6. usb buying $0.8 selling $2.5 the revenue is double the cost,
50kg bag of groundnut we buy at $20.2 selling at $35 and 50kg bag of maize we buy at $4 selling at $7.5
-investing and paying for school fees for my sibling and my nephew and the greatest thing that my business has done for me is that i managed to build the house out of it which is the achievement in my life.
Loan Proposal
Am thankful to lenders and the Zidisha team. when the loan is granted
am plains is to install tiles, plastering the wall of my house and add storks in my shop.
11 boxes =$308
5 pockets of tile fixer =$10
10 pockets cement=$60
5 tons of sand=$75
flash disc 16gb 2 = $12
keyboards 3 =$15
rim of papers 5 boxes =$75
ink 2 =$30
labor= $200.
My house will be done so i will not have the issue of spending to rentals my family will benefit also. The money for rentals it will be used for investment that a benefit also.
The income will increase to $205
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$912.36
Date disbursed
Sep 1, 2017
Repayment status
On Time
Projected term
6 months
Cost to entrepreneur
Service fee: $23.37
Credit risk payment:
$23.37
Lenders
Jubail, Saudi Arabia
Green Cove Springs, United States
United States
Guildford, United Kingdom
Oslo, Norway
New York, United States
Liminka, Finland
Wausau, United States
Germany
Fontvielle, Monaco, Yemen
Haarlemmermeer, Netherlands
Beach City, United States
Oslo, Norway
Washington, DC, United States
Encinitas, United States
Moravia, United States
Montreal, Canada
United States
United States
United States
United States
United States
Sacramento, United States
Austria
United States
Australia
India
United States
Helsinki, Finland
United Kingdom
United States
United States
Costa Rica
Germany
United States
United States
United States
United States
United States
Washington DC, United States
Switzerland
United States
New Zealand
Austria
United States
United States
United States
United States
NYC, United States
Norway
Bonn, Germany
United States
New Zealand
United States
United States
United States
United States
United States
Brazil
Australia
United States
United States
United States
Syracuse, NY, United States
United States
United States
Canada
United States
Singapore
United States
Germany
United States
Chicago, United States
United States
United States
Switzerland
Germany
United States
United States
Australia
United States
Hong Kong
United States
United States
Bruno Sanchez-Andrade Nuño (brunosan)
United States
Johannesburg, South Africa, United States
Luxembourg
United States
Germany
United States
Colombia
United Kingdom
United States
New Zealand
Russia
United States
United States
Canada
United States
Germany
United States
Washington State, United States
United States
United States
Ask Misheck a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.