Will pay for mtn money and zesco utility service needed

Kazembe Kantenga

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Kazembe Kantenga

Member since

June 2016

On-time repayments

32 installments  •  75%

About Me

Am Kazembe A. Kanteng'a born 7th January 1988, i went to woodlands B primary,then Arakan Junior high,then Ibex hill secondary. I hold an accounting diploma from NIPA zambia.
I over come my fear of financial insecurity when i set up my kiosk in kulimatower tower dealing in mobile phones and accessories this happened because the company i used to work for always threatened to down size the work force.
The unique and beautiful part of where am from is that we are a people that work hard to accomplish our dreams and insure our families are well settled, also a christian nation whose core values are based on the rule of law and human rights a very open and enabling economy.
I am a father of one beautiful brilliant girl,she drives me crazy sometimes but love her too much,she wants to grow to be a female pilot.
I love to fix things around the house in my free time.

My Business

My business is located in one of the busy bus stations in Lusaka Zambia, my idea and business focus to serve and provide the everyday commuter who are ever on the go
with:
-airtime
-phone and computer servicing
-utility pay points
-phone and computer accessories

These goods and services are my main focus are ever on demand for the worker and commuters that dont have the time and get these things due to their busy schedules.
I chose this business because of the quick turnovers and how it helps my family,friends and the community in general through the goods and services we provide.
The day to day and typical costs include security,transport,general workers, 60 percent of all profits are put back in the business, 40 percent i use on the day to day and monthly expenses required.

The Zidisha loan will help me setup a utilities service that has been in demand but lacking in the area am located in,also partly improve on the airtime business that sometimes requires large amounts of cash to be sustained.

Loan Proposal

With this loan amount will be able to pay for a money float needed to provide MTN money service and Zesco utility service the exact float is $200.

The benefit created by the provision of this service for my kiosk and the customer is that for me it increases what my business is able to provide in terms of service to the customers and advertises the kiosk that aside from providing the mobile phones and accessories we also offer utility services.

For the customer and others it provides a convenient place for them to acquire both service for their phones and also utility in one place this is for the everyday busy worker that does not have the time to walk to the shopping mall or utility provide it saves them time and the walk to the mall.

in the first month i expect my profit to be between $25 - $60 dollars depending on the in flow of customers.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.03

Date disbursed

Jul 1, 2016

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $6.33

Kazembe opted to pay $0.30 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

A

anonymus

Moon, United States

E

Elisa

Espoo, Finland

M

mtaylor

Houston, United States

T

Taupe

Balzers, Liechtenstein

mojobob

Hayward, United States

Evan Lamos

Brussels, Belgium

T

thebonseung

Republic of Korea

Paul Buchheit

Mountain View, United States

Loungin

United States

Mark

Nijmegen, Netherlands

George

Corvallis, Oregon, United States

CNV

United States

N

Nino

Switzerland

DM

Dimitri Malarme

Brussels, Belgium, Belgium

Y

YTSJ

London, United Kingdom

B

Boris

Bern, Switzerland

K

Kenny

United States

Tom Eggert

Madison, United States

GA

Giovanni and Yelena

New York, Ny, United States

J

Jon

United States

Humble Bundle Community

San Francisco, United States

VC

Victor Chong

United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

A

Anonymous

United States

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