Mini gold processing mill

Patrick

Kitwe, Zambia

102% paid forward

Entrepreneur

Name

Patrick

Member since

October 2018

On-time repayments

20 installments  •  35%

About Me

I am an entrepreneur who believes in innovation and marketing new products. I am running a mini gold ore processing plant . I want to build a good relationship ship with zidisha lenders because of my plans to expand my business. I started my business with only $120 dollars resale of groceries and made profits which helped me to grow my business to a point of receiving revenues of $200 weekly. By 2021, from the profits, I managed to save and set up a mini small scale gold processing plant at the cost of $7,345. My desire is to expand my operations to have a mining license and do more capacity plant. Seeking $22,000 for the license fees, plant machines and operations costs.

My Business

I have changed my line of business from the initial food and Airtime business to now a gold/copper processing business at a small scale level. I mine gold ores under artisan license for a cooperative of which am a member. And I process the ore for physical extraction of gold grains which is sold locally at $60/gram.
I have done this business since 2021 to date. And I desire to own a large scale mining license.

Project Proposal

Hi if I manage to get funding my intentions is simply build a gold slice by getting parts like miners moss and aluminium plates. The sluice made will be an addition to other items have built to my mini gold plant. Recently there's been a gold rush in my country and government has issued out a lot of artisan MINING rights, even if one doesn't have there are many to partner with. In my case it happens that I have joined a cooperative which was awarded a mining right. If the full amount is funded by the members it will quickly go to use a within a week it will be sent back accordingly.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$25.00

Date disbursed

Jul 9, 2024

Backers

Elizabeth

Nakuru, Kenya

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