Purchasing genset

Nkole

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Nkole

Member since

October 2019

On-time repayments

82 installments  •  60%

About Me

iam a business minded and oriented person. Ever since i was young my dream was to have my own business. In secondary school i used to sell gadgets like phones and computers and the money i got from the sells i was able to save and after i completed secondary school i was able to use the money i saved to open up my own internet cafe and enter into poultry business. Eventually i started mobile money business which iam still doing now aswel as stationary. The businesses iam doing also helped me through college and further my studies after college.

My Business

i run a mobile money business, stationary shop and internet cafe. The internet cafe business helps me get additional income through the lecturing of clients who want to learn about the basic knowledge about computer application. Most of my clients are persons who have completed school who are eager to learn computers. others are business persons learning computer to gain knowledge that will help them in their business. in the cafe i also sell food stuffs and i have a stationary shop aswel. the money i get i use it to support my family and further my studies.

Loan Proposal

I wish to purchase a genset with the loan. I have been experiencing electrical power cuts and my area of my business. I believe with the purchase of a genset i will be able to continue with my business even if i have power shortages at my area of business. Further i feel the purchase of the genset will ensure that i dont incovenience my customers who come to the shop.

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$220.00

Date disbursed

Feb 6, 2020

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

Ryan Agnew

Australia

Frosty

North Pole, United States

Ask Nkole 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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  • Nkole    Nov 22, 2021

    My business is slow thats why am unable to pay the full amount

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  • Nkole    May 22, 2021

    Slow business

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  • Nkole    Apr 25, 2021

    Iam unable to pay the all amount but will pay in installments until I complete. Apologies to you zidisha and my lenders. I will do my level best to pay up quick as possible

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  • Agness    Apr 14, 2021

    Dear lenders Mr Nkole plans to repay the loan this week. Thank you

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  • Chiozya    Feb 15, 2021

    Dear lenders,

    I spoke with Nkole and he plans to make a repayment towards his loan this week. Thank you.

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  • Nkole    Dec 19, 2020

    I have low interest coming from the chicken business currently.

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  • Nkole    Nov 20, 2020

    I wish to reduce my loan payback due to slowness on the business has iam receiving less profit currently but i will source for money soon

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  • Nkole    Oct 30, 2020

    First and foremost i want to extend my heartfelt thanks to my lenders of this loan. Iam trully greatful as this loan will help me greatly in my chicken business. I will buy chickens in the money has well as feed for the chickens. Thanks so much for this opportunity and i will update you on the progress. I appreciate greatly for the loan

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  • dustin    Oct 25, 2020

    This is my first time doing this. I love chickens. I hope this will help you, friend.

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  • Mary    Oct 18, 2020

    I hope you sell out of chickens Nkole!

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  • Nkole    Oct 15, 2020

    Dear lenders i thankyou for having helped me with the loan last time. It really helped me alot especially during the corona period. It was difficult but eventually i was able to purchase what i wanted and it has helped in my business. All i want to say is thankyou and wish you all the best for everything you did for me because with the purchase of the machine it had helped to sell to make and sell costumes and it turn help me raise money for me and my family. Thankyou so much

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  • Nkole    Aug 14, 2020

    Business is slow and not yielding profit as expected probably due to the difficult time of corona virus

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  • Nkole    Jul 8, 2020

    I would like to reduce my payment due to business moving slow but am looking for alternative ways to continue paying my usual amount am supposed to pay.

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  • Nkole    Jun 2, 2020

    I would like reduce repayment because of reduced income in my business partly due to the corona virus i have receiving few customers in my business. I hope to pick-up after this period and certainly pay in full my dues.

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  • Nkole    May 16, 2020

    I would like to take this time to say my sincere gratitude for having given me this loan. Most thanks to my lenders . I will ensure i update you as soon has i purchase the sewing machine. I will send you photos of the machine once i buy and the progress in my sewing business. Thankyou so much once more you have really helped me.

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  • Nkole    May 13, 2020

    I take this opportunity to thank my lenders for the loan they have given me. I am going to purchase a sewing machine. The machine will help me sew clothes which i will then sell to obtain additional income which will boost my business and also help my family aswel. I thank you once more for the loan as this will go a long way and will help me greatly.

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  • TomF925    May 9, 2020

    When you get the sewing machine, post a photo of you with the sewing machine. Also, get Jesper to take a better photo of you for your profile.

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  • TomF925    May 9, 2020

    Did you buy a genset? I wish you could buy solar panels. They are more expensive, but eventually they are paid and the sun is free. Best wishes to Jesper who I met online through Francis Mbewe.

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    • Nkole    May 13, 2020

      Yes i did manage to buy the genset but will also be looking to purchase solar panels in future when i save more money. Thankyou for your advise i really appreciate so much. Will keep you updated

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  • Nkole    Mar 18, 2020

    I thank all my lenders who made the loan possible for me. The loan really helped me alot thankyou so much. It has helped me in my business. Thankyou so much

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  • Nkole    Feb 11, 2020

    I wish to pass my sincere gratitude to my lenders for the loan that they gave me. Thank you so much i was able to purchase the equipment. Thankyou so much

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