Mobile phone payment service for rural communities

Ketty Shamakamba

Siavonga, Zambia

8% repaid

Entrepreneur

Name

Ketty Shamakamba

Location

Siavonga, Zambia

On-time repayments

65 weekly installments  •  80%

About Me

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.

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.

Loan Proposal

I plan to use the loan to purchase materials like solar panels and mobile phones for use to construct two mobile money booths.

The mobile money booths will be located in areas where the community is off the national grid.

This is to ensure that rural communities are able to access mobile money services, such as sending and receiving money, as well as saving money for future use.

Income Source

My business makes money on a daily basis and so raising the money needed to repay my loan is not a big challenge.

I will use the profits from my business to repay my weekly installments.

My Videos

Feb 24, 2021: To expand my mobile money network

Feedback

4

None

None

  • [email protected]    Apr 20, 2021

    In the name of Jesus Christ, God Bless.

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  • Liz    Feb 25, 2021

    Great project with timely repayments

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  • Ray    Feb 23, 2021

    Excellent repayment - well done

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  • David    May 27, 2020

    Loan was scheduled to be paid off in one week and the payment arrived right on time. I am happy to help you build your credit as you work on your important business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$3,631.21

Date disbursed

Mar 8, 2021

Repayment status

Late

Projected term

9 months

Cost to entrepreneur

Service fee: 5% of $3,631.21 = $197.15

Credit risk payment: $197.15

Optional expediting fee: $394.36

Lenders

HI

Highly Improbable

Saskatoon, Canada

AltruisticSelfishnes

Chicago, United States

E

erozlum

Istanbul, Turkey

ErikN

Stockholm, Sweden

KyRoamer

Louisville, Kentucky, United States

J

Johnrock702

Saint Augustine, United States

BrianHibbs

South Bend, United States

Sundstroms

Falun, Sweden

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

pentatonicscale

Niiza-shi, Japan

ads68

Melbourne, Australia

J

jackieric

Folsom, CA, United States

IM

Isak Maaseide

Tromso, Norway, Norway

SmeeAgain

Dublin, Ireland

M

Morgue

Brighton, United Kingdom

G

gregc

Calgary, Canada

P

prehders

Hamburg, Germany

Treesforpeople

Oxfordshire, United Kingdom

numbat

Perth, Australia

ibc123

Seattle, United States

iggwag

Kilifi, Kenya

G

GanSatya

United States

M

Morgan1301

United States

J

jenmcintyre

United States

johnhudson

Washington, DC, United States

chriseyre

Fremont, Ca, United States

Vesa

Helsinki, Finland

Loungin

United States

PolarBearCapital

United States

R

ross22

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

S

Sven

Netherlands

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

Cassian Opara

London / Dubai, United Arab Emirates

Matt B

Stratford Upon Avon, United Kingdom

Laurie

United States

moursund

Beaver Nation, United States

I

Ian

United Kingdom

Mouhamed

United States

YM

Yelka Mikolji

United States

ME

Manaal Eisa

Washington DC, United States

Framework Eyewear

Utrecht, Netherlands

H

Harry

Florida, United States

AH

ajay hampapur

United States

N

Nick

United States

E

eriklonnroth

United Kingdom

Callum Guy

Suffolk, United Kingdom

LH

Lisa Heinze

Milwaukee, Wisconsin, United States

R

Rahima

United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

RG

Ravi Gadad

United States

Bill Ballew

Kansas City, Missouri, United States

JA

Jan Andresen

Hamburg, Germany

RE

Richard Ellis

United Kingdom

Craig Travis Provyn

Bradenton, Florida, United States

The Zinc Team

San Francisco, United States

Vratik Krocik

Prague, Czech Republic

VC

Victor Chong

United States

DW

David Westmoreland

Colorado Springs, Colorado, United States

Melissa K

Portland, Oregon, United States

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

BS

Brooke Schreier Ganz

Mill Valley, California, United States

Chris

Zurich, Switzerland

Richard Paulin

Melbourne, Australia

FN

frank nunn

United Kingdom

MO

Markus Oma

United States

Remo

Switzerland

CC

Carl Corvin

United States

Peter Collins

Darmstadt, Germany

DD

Dixie Davis

Kyle, United States

R

Roman

Germany

Eike Christian Lorenzen

Flensburg, Germany

M

MaggieK

United States

CT

Chev T

Australia

Tom Purser

Cambridge, United Kingdom

S

Sam

New Zealand

SK

Steven Kardos

United States

KL

Kerry Lane

United States

M

Melissa

United States

EG

Erik G

Switzerland

Utahna

United States

Babbitt Family Foundation

Sioux Falls, SD, United States

KM

Kirk Moore

Cerdanyola del Vallès, Spain

K

Katka

Germany

B

Barbra

United States

JN

Jonathan Ng

United States

TN

Toby Nelson

United States

C

Christopher

United Kingdom

Olly Ishmael

Aberystwyth, United Kingdom

Tiff Reagan

Salem, Oregon, United States

Scott Walker

Ames, United States

Jesus Figueres

Valencia, Spain

Ask Ketty a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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