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

None

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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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  • Patrick    Aug 27, 2024

    I had a breakdown. I engine block busted and crucked so had to use my savings and source for to buy a new engine

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  • Patrick    Jul 27, 2024

    Hi. Thank you all who funded my project it will go a mile the fund you have released. I intend to add or buy a machine-Gold kacha for my gold ore processing unit here in Zambia, the money funded will be used as a fundraiser kicker to produce more ores to be processed so that i maybe able to buy the machine i want which is currently at around $2,000. The $52 will basicaly be used for buying fuel for the jack hammer and some oils for producing more ores in the next 2weeks.

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  • Patrick    Jul 27, 2024

    As always, zidisha has been of great help when it comes to building projects and increasing one capacity to grow his business. This is due to the fact that, our backers are patient and generous towards the community members of zidisha. My project for gold ore processing is growing thanks to the zidisha team. I was able to buy fuel for the mill and was able to do my work accordinly.

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  • Patrick    Jul 22, 2024

    Just had a challenge with my logistics provider(sub contructor for transport), they didnt bring on time the material(gold) for me process and get enough profits for sending on time my Zidisha funds.

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  • Patrick    Jul 14, 2024

    It is great to be a part of this community where opportunity to see ones project moving and growing all thanks to the willing helpers on the platform. Thank you so much to my funders of $25. It has helped me with the purchase of running fuel for my gold ore processing machine

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  • Patrick    Jul 9, 2024

    Good day madam Elizabeth, thank you so much for funding my project here in Zambia, I intend to buy some fuel and some worn out bolts and nuts for my mini gold ore processing machine. The help will go a long way to the building of my self reliance in business in general

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  • Patrick    Jun 23, 2024

    Great day having cleared my loan after a long time. Had issues with my account details. But all the more, thanks again to my lenders for the patience. Now am onto a new project which I will need big funding to expand and grow at some point to become a lender/helper also when I start generating profits.

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  • Patrick    Mar 2, 2019

    I am building a shop, taking a lot of money from my business. Though the harvest will be good after building,but for now its a headache.

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  • Patrick    Jan 20, 2019

    Thanks again my lenders, have again my third loan amounting to K133, which i will invest in airtim service at a return rate of 4-7%. Thank you again.

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  • Patrick    Jan 17, 2019

    Thank you for trusting me. I have made it in paying back my loan due to a good marketing environment in selling of talk tim(air time) .

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  • Patrick    Jan 12, 2019

    Testing market for a new stock in bubble gum family. The gum has stickers as part of its covering, with that kids will love it.

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  • Patrick    Jan 4, 2019

    New years greetings to all partners, lenders, generally to all the zidisha community. Thank you my lenders. My business is going fine due to top-up from the lenders unto my already existing kiosk been prepared for a great expansion. Which thing will be posted on my comments time to time. Thanks again my lenders.

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  • Patrick    Dec 28, 2018

    I want to get a bigger loan for my business expansion and increase my lenders confidence in pay on time.

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  • Patrick    Dec 22, 2018

    Business is doing fine.

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  • Patrick    Dec 12, 2018

    Appreciate your help and wiliness to lend. I was able to use the money for stock purchase at return of 4.5% daily in selling Airtime. Hoping to build a good relation for bigger loans and commitments.

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