Selling plastic carrier bags
Shadrick
Chililabombwe, Zambia
26% paid forward
Entrepreneur
Name
Shadrick
Member since
September 2020
On-time repayments
32 installments • 81%
About Me
My names are Shadrick Kapolyo, from Zambia on the boarder town of Chililabombwe, on the copperbelt province. My career journey in life as seen me through some of the most interesting episodes in life. From the hey days in school, at Mungwi Secondary Technical School, in the Northern part of Zambia, and Kasama in particular to rose days as a banker with Barclay bank pls, and then Finance Bank Zambia Ltd, and life in the mining industries of Northwestern province, Solwezi.
Life can really be interesting, its like they say, life is what you make it, i could comfortably say i have had it all. Now settled in Chililabombwe, life has to continue, i have always dreamed of running my own affairs (business) and the boarder town provides that unique platform for both start-ups and established businesses, the common adage; ''any thing sells in chililabombwe/Kasumbalesa'' can not be over emphasized. Mine is to one day grow my Agric feed business, supplying agricultural feeds to poultry famers both local and across the boarder.
My Business
My business is currently seasonal, am operating lawn mowers, with hired laborers, this business though seasonal is very profitable. Currently i have two machines, one is electrical and the other is petrol powered. From what i have seen in the past season, this is far more profitable than running a fleet of taxis, as the operating costs are far too little compared with running a taxi, better still, the capital employed could be 1/200th of that of buying car. The daily cashing from a lawn mower business, is three or 4 times higher. This comparison arises from the fact that i have operated a taxi business before, whilst am almost set on this business, my eyes are still focused on running a Agric business, which logistics are almost done.
Project Proposal
Am planning to raise funds to venture into wholesaling of the same line of business am currently doing; plastic carrier bags.
At the moment the retailing side of the business is becoming more competitive. As more people are taking up the business moreso street vending.
To wade off the stifle competition I thought of playing the middleman's role, by buying in bulk and and reselling at wholesale price.
From my experience and a survey I have done, am more than certain this is an ideal business venture.
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Project Info
Project Type
Pay It Forward
Disbursed amount
$1,962.00
Date disbursed
Sep 16, 2022
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