Vision independence

Cephas

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Cephas

Member since

October 2016

On-time repayments

64 installments  •  42%

About Me

A businesses oriented young professional with aim of realising financial independence both for myself and the people I employ more so as I champion financial inclusion to the unbanked.

My Business

Mobile financial services being a part of the emerging DFS that are a competitive option to traditional banking services.

Loan Proposal

Acquire ultra low cost handsets from an overseas distributor for for purpose of reselling locally through various distribution channels.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$185.00

Date disbursed

Nov 2, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

J

jeffb

United States

T

Tmann

Los Angeles, United States

investor

Candiac, Canada

AdamP

Sunnyvale, United States

Umair Mahmood

Raleigh, United States

M

Meckel

Boulder, United States

cyrus0302

San Francisco, United States

D

drjofleming

UK, United Kingdom

O

Oliver

Geneva, Switzerland

DeanDropshot

Oslo, Norway

Kjartan

Oslo, Norway

C

cjmenchaca

Austin, United States

Kysera

Crawfordsville, United States

J

jdhowa2

Louisville, KY, United States

TK

Tim Koppel

WOLLONGONG, Australia

G D Export

Kolkata, India

indeh

London, United Kingdom

Cloudways

Malta, Malta

P

penguin3694

Chicago, United States

lorello

Vicopisano, Italy

B

BClay

Campbell, United States

ads68

Melbourne, Australia

N

NicolaG

Mantova, Italy

D

DThirteen

Miami, United States

Christopher

Copenhagen, Denmark

Bhayl

Stavanger, Norway

J

jjoshua2

Hanover, United States

M

mkellerman

Shanghai, China

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

K

KnutG

Bergen, Norway

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

indrayudha

Jakarta, Indonesia

isabelv

Barcelona, Spain, Sweden

B

bonnieinbremen

Bremen, Germany

Zal0m0n

Atlantis!!!! x), Mauritania

B

Bokolo

Leeds, United Kingdom

mojobob

Hayward, United States

P

paul74

Chichester, United Kingdom

tonnyschonewille

Maastricht, Netherlands

GuillaumeTeissier

Montréal, Canada

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

S

Sjors

Eindhoven, Netherlands

E

E

Marin county, United States

G

GanSatya

United States

sderickson

Berkeley, CA, United States

John Makongo

Kitale, Kenya

M

microlender

United States

R

Rootdet

Fairfax, United States

B

benlenarts

Netherlands

A

Arkad

United States

Loungin

United States

GaloLending

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

KJ

Kevin J Baird

Cleveland, OH, United States

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

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  • Cephas    Feb 7, 2023

    There has been a delay in the registration and formalization of the Business for it to take off smoothly and this was unforeseen and very regrettable.

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  • Cephas    Nov 3, 2022

    Thank you for believing in our dream. I will now proceed and employ a driver to run my vehicle on the online Taxi Business platforms in Zambia

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  • Cephas    Nov 3, 2022

    Managed to import a used Japanese vehicle, now need to pay for insurance and register it on the online Taxi platform which is like our version of Ubber.

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  • Cephas    Nov 2, 2022

    Car was imported and duty paid now ready to register it as an online Taxi

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  • Cephas    Aug 10, 2022

    The Loan will be used as part of regulatory costs for me to start online Taxi Business with a small car that i already bought.

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  • Cephas    Feb 24, 2019

    From the last loan and the setback
    s that the business faced I have worked on control measures to ensure full productivity which will enhance profitability. I'm more than sure that this year I'll break the $1,000 monthly profit I have set for myself and the business.

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  • Cephas    Feb 24, 2019

    From the last loan and the setback s that the business faced I have worked on control measures to ensure full productivity which will enhance profitability. I'm more than sure that this year I'll break the $1,000 monthly profit I have set for myself and the business.

    Log in to reply • Share
  • Cephas    Jan 14, 2019

    The need for recapitalization is greater with increasing businesses demand which has translated to 45% profit increment. The aim is to have operating capital of $2,000 by end of year which will translate in monthly returns of a $1,000. Make this dream happen and be a part of the success story.

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  • Cephas    Dec 24, 2018

    The business is at its peak during the festive period and an increase in capital would really help increase profitability.

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  • Cephas    Dec 24, 2018

    The business is at its peak during the festive period and an increase in capital would really help increase profitability.

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  • Cephas    Dec 24, 2018

    The business is at its peak during the festive period and an increase in capital would really help increase profitability.

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  • Cephas    Dec 23, 2018

    The last loan enabled me to increase the number of retail points,the new points.My current operating capital is $1,000, with monthly returns of $500. I'm hoping to increase profitability by 50% if operating capital went to $2,000. This may not be realised in one loan but that's the ultimate plan.

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  • Cephas    Dec 20, 2018

    I may have taken longer than expected to pay back but the loan has been fully settled. The businesses demands are even higher now and thus the need for more and continued recapitalization. The festive period comes with better and high business needs thus the need for me to increase operating capital.

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  • James    Oct 4, 2017

    I talked him He said he will pay very soon he had a problem he is a good man.

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  • James    Aug 29, 2017

    I contacted caphaus phiri he said he will pay as soon as possible. He is a good man. He is out of town

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  • Cephas    Jun 18, 2017

    Low cash flow than expected.

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  • Cephas    May 21, 2017

    Customers accessing services from one of our retail outlets

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  • Cephas    May 21, 2017

    Loan was received and has been injected into the mobile money business that i am now operating through two retail outlets.

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  • Cephas    May 2, 2017

    The last loan helped boost business revenue by 35% and currently need to recapitalize so as to increase chances of better revenue as a balance between better cash and float is key in the mobile money business.

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  • Cephas    Apr 12, 2017

    Cash flow set back

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