Water processing

Stanley

Lusaka, Zambia

34% repaid

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How it Works

Entrepreneur

Name

Stanley

Member since

October 2016

On-time repayments

21 installments • 14%

About Me

My full names are stanley mbambara, i was born in 1979 i did my primary school in kabwe at jesmine primary school then went to kalulushi high school where i completed my high school. I did my college in ndola at niec school of business management where i completed Acca II. I joined malar industries as an assistant accountant, then later joined kaulungu ltd as an auditor. I also worked for real meat company as an assistant accountant for one year. from there i joined sandys creations where i worked as a stock controller and lastly i joined strong technologies having worked for 2years in my previous employement. i later started my own business in water processing.

My Business

My business income source was from my personal savings and support from my family members.Why i chose water processing was because i realised everyone is entitled to clean drinking water and the world now is in support of clean drinking water. purified water has become a necessity in every household. The major costs in this business is raw materials which are bottles,membranes,filters and of course labour.The profits i raise from this venture i pump it back into the business for better improvemnets in the processing area, it also helps me to pay for childrens school fees and other family commitments,also paying my workers and currently i have 4 workers.

Loan Proposal

With this loan it will help me enhance operations, such as materials,am increase in packaging such as more quantities, in different kind of bottles in litres e.g 1ltr,2ltrs,5ltrs,10ltrs and 20ltrs bottles. I shall also use this money to expand in a few operational areas where by i want to introduce sales points.