Buy more raw materials for construction of blocks

William

Lusaka, Zambia

100% repaid

Entrepreneur

Name

William

Member since

April 2018

On-time repayments

6 installments  •  67%

About Me

My name is Willian Banda i was born on 28th August, 1997.I started my primary school at Mutambe Primary School in Mandevu Township in Lusaka.Then qualified for high school at Munali Secondary school after successfully satisfying primary school certificate.While after finishing my high school certificate i was awarded a schoolarship to study plumbing and bricklaying at Lusaka Trades Vocation Training Institute and graduated with a Diploma in Plumbing and Bricklaying.Through these training i managed to over came hardships because am able to work independently.

My Business

I have a block making machine and manufacture building blocks for construction of any building.The demand is very and i need to buy a bigger hydraulic machine for manufacturing 1000 blocks and above.I choose this business because most people in our community are building houses and companies are building wall fences and also warehousing.My typical is ZMK 5000.Am able to buy Cement and pallets, however i generate more than ZMW 15000 when i manufacture 2000 and more.

Loan Proposal

Am requesting for the new loan to boost my raw material to construct more concrete blocks, considering the depreciation of the kwacha i need to raise more funds for my working capital and operations,hence i $ 300, i need to buy more quarry dust and cement to construct more blocks therefore this will help me generate more income because blocks are at the moment in our community as every on is building houses.

Feedback

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  • J    Jul 16, 2018

    Neat on time repayment. Great status update.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Oct 2, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

ZS

Zach Silveira

Asheville, Nc, United States

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