Retailing solar-powered lamps to homes
Jonathan
Chipata, Zambia
100% repaid
Entrepreneur
Name
Jonathan
Member since
March 2015
On-time repayments
242 installments • 67%
About Me
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
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.
Loan Proposal
This loan will help me purchase stand alone solar unit systems from a local supplier within the country. They local supplier has a "Reseller program" that requires its agents subscribe with a fee for starting off with one unit and thereafter being eligible to purchase more units at wholesale price.
This loan will enable me purchase the units and resell. The products are of high quality and the communities have responded positively to these products. The Solar Home Kit comes with one panel,two lamps, a radio and a study lamp.
The business is profitable, and with more products going out with time, I will be able to grow and build a team. My goal is to have branches of sells hubs in the rural areas.
Your support is much appreciated.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$91.00
Date disbursed
Mar 3, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Canberra, Australia
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Jan Feb 10, 2020
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