Purchase of new colour printer

Henry

Lusaka, Zambia

100% paid forward

Entrepreneur

Name

Henry

Member since

April 2023

On-time repayments

14 installments  •  21%

About Me

My name is Henry Tembo. I am a resident of Chilenje in Lusaka, Zambia. I completed my high school education in 2003. Although I had enrolled for studies at a local university some years ago, I could not complete my studies due to lack of funds/ sponsorship. This being the case, I decided to venture into business after a five year stint in employment. Currently, I operate a print shop situated at Chilenje Market in Lusaka. The profits from this business, helps to sustain and cater for the needs of my family of four; thus, me, my wife and two children who are both in elementary school.

My Business

My business mainly operates as a print shop, which generally involves offering printing, scanning, typing and photocopying services, including passport photographs. Although, other services such as corporate/ busines statutory compliance and tax registration are offered.

I intend to upscale the business by transforming it from a print shop to a fully fledged business centre, by broadening the range of products and services offered to include colour printing, document binding and lamination, stationery and mobile money transaction services.

This expansion also entails investing in uplifting outlook of the store in order to make it more attractive and appealing for customers. Overall, this expansion is intended to double the profitability of the business from the current K5,500+ to K10,000 or more per month.

Project Proposal

The funds from this loan are meant to finance import shipment costs for my newly acquired colour printer, which once in, it will help raise the profitability of my business by catering for the ever increasing demand for colour printing.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$19.00

Date disbursed

Jan 8, 2024

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Backers

Dewanto

Malang, Indonesia

Neema Ally

Moshi, Tanzania

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  • Henry    Apr 6, 2024

    Thank you Zidisha, I received my disbursement yesterday.

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  • Henry    Apr 3, 2024

    A million thanks to all Zidisha members who backed and funded my project to enable me purchase a Power Supply Backup System. This important piece of equipment, will help save my business from incurring losses during planned power outages or loadsheding. Many thanks once again for making it possible for my business to survive through this period when Grid Power Demand Side Management is having a telling effect on many businesses.

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  • Henry    Mar 22, 2024

    Thank you so much Zidisha for this platform and all who backed my previous project. The addition of a new Printer made a huge difference to my business and contributed to further growth of my business.

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  • Henry    Jan 8, 2024

    Thank you Zidisha, my loan disbursement came through today.

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  • Henry    Jan 7, 2024

    Thank you all my backers, for coming through with your support and most importantly, Zidisha for providing this platform which has lightened the burden of access to finance for thousands of entrepreneurs across various countries.

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