Jonathan
Chipata, Zambia
100% repaid
Name
Jonathan
Member since
March 2015
On-time repayments
242 installments • 67%
Am a Zambian, born and raised. Since my childhood I have always had an interest in technology and the environment. I took technical subjects during my high school years. I later went on to study computer studies and graduated.
My core values are to live at peace with all, do the best I can for the greater good and to take care of nature. Am pro green habits as I believe when we take care of our environment, nature will take care of us.
In my free time, I take on to play musical keyboard and I enjoy cycling. I also enjoy taking time out to see family/friends over the weekend.
My business is in Waste Management, has been a new venture away from what I studied in school more focused on information technology. I have worked with NGOs that focused on the well-being of target groups and finding better ways to improve their lives.
While working with these NGOs, I developed an interest in Bio-digesters technology and waste management. I joined a friend of mine who was already in the business of providing waste management service. We partnered, and now I managed to secure a contract with the local authority to service a community by providing them with waste management services.
We currently collect garbage from over 100 households and are looking to expand our outreach but are limited to vehicle logistics. We now hire and use one truck that makes three trips weekly as the area we collect from is wide. Most of our expenses are towards the hiring of the truck, we plan to buy a truck as the business grows.
I mentioned biodigester, this is the future product/service we plan to provide to the communities. We see biodigesters as a solution to help reduce throwing away of bio waste that can be put to good use of providing fuel to cook and lighting.
My dream is that the business will grow into a green solution provider.
My business plan is to get to sell more solar mobile units and also buy a computer hardware tool kit. Am passionate about renewable energy and its benefits it brings to the lives of my people in my country. There is a demand for quality solar charging units in my country. With limited electricity supply in rural areas, solar energy is a great and affordable energy source.
With this loan, I will be able to buy solar light units, priced at K45.00 ($8.5) as a reseller agent, and get to sell these units at K65.00 ($12.5). As my business grows I will graduate from selling Solar Light units to Solar Mobile Charging and Lighting units, these support 4 lamps and can charge almost all types phones. The have an output voltage of 5 V and 12 V. The lamps have a Wattage of 5 W, safe and environment friendly.
Part of the loan will go to the purchase of a computer hardware tool kit, this is to address the IT needs of my business. I do fix computers, both hardware and software related issues. The computer hardware tool kit, is priced at $12, this is a basic kit which I will continue to upgrade with tools as my business grows. Though basic, the tools necessary for me to carry out my repair works, are possible with this kit.
I plan to target clients in rural areas, my first target is remote clients in the eastern province of my country. Both Solar and IT support is lacking in these areas, and there is a high demand for these goods and services. Primary and Secondary schools are but a few of my target clients, teachers in these schools usually travel far just to purchase these Solar products and many too have laptops that require long over due servicing.
Am currently in the process of registering my business name to make it official so as to give prospective clients confidence in my business dealings. This loan will enable me quicken my business growth and in ensuring smooth registration of SME in accordance with my country's regulations.
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 18, 2015
Repayment status
On Time
Projected term
6 weeks
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Amount repaid
$51.43
Amount remaining
$0.00
Date repaid
May 2, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 29, 2015 | $8.57 | Mar 28, 2015 | $8.57 |
Apr 5, 2015 | $8.57 | Apr 14, 2015 | $8.57 |
Apr 12, 2015 | $8.57 | Apr 14, 2015 | $8.57 |
Apr 19, 2015 | $8.57 | Apr 28, 2015 | $8.57 |
Apr 26, 2015 | $8.57 | Apr 28, 2015 | $8.57 |
May 3, 2015 | $8.57 | May 2, 2015 | $8.57 |
Jan Feb 10, 2020
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