Buying a bigger block making machine

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

I need to buy a bigger block making machine to increase the production of blocks and the machine will cost me $9500, once i buy this machine i will expected to generate more than ZMW 20000 as profits per month.

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

$2.00

Date disbursed

Apr 28, 2018

Repayment status

On Time

Projected term

1 week

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$2.05

Amount remaining

$0.00

Date repaid

May 6, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 6, 2018 $2.05 May 6, 2018 $2.05

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