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Malangiza Banda

Chingola, Zambia

100% repaid

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Entrepreneur

Name

Malangiza Banda

Member since

May 2020

On-time repayments

39 installments  •  33%

About Me

I am a family man, running my own business since 2013. I started doing business when I was in school and always have had a "side hustle," even when I was in full-time employment.

Now, I am a full-time business owner, and I am looking to grow and expand my business.

My Business

I do customs clearing and forwarding as my main business, and I currently also
run a driving school on the side.

The driving school is now well-established and we're getting more and more clients.
We're trying to do more advertising so we can be out there for more clients to know
about us. It has been a challenge, but it all has been great to the last bit.

Loan Proposal

Top up on payment for radio adverts for the driving school for the month of June 2020. The radio advert has been running for one month now and we have a one year contract with the radio station for advertising of the school. the contract was signed on the 7th of May 2020 and will run til June 2021.

Income Source

The driving school is unaffected and we are operating as usual. With the radio advert running business is even improving slowly and getting better. The government is also easing some of its restrictions of the covid 19 which is alos adding to the improvement of business.

Show original English  

About Me

AM A FAMILY MAN BEING RUNNING MY OWN BUSINESS FOR THE PAST SEVEN YEARS SINCE 2013. I STARTED DOING BUSINESS WHEN I WAS IN SCHOOL AND HAVE ALWAYS HAD A SIDE HUSTLE EVEN WHEN I WAS IN FULL TIME EMPLOYMENT. NOW A FULL TIME BUSINESS OWNER AND LOOKING TO GROW AND EXPEND MY BUSINESS.

My Business

I CURRENTLY RUN A DRIVING SCHOOL AND DO CUSTOMS CLEARING AND FORWARDING AS MY MAIN BUSINESS. The driving school is now well established and we getting more and more clients. We trying to do more advertising so we can be out there for more clients to know about us.
It has been a challenge but it has all been great to the last bit.

Loan Proposal

Top up on payment for radio adverts for the driving school for the month of June 2020. The radio advert has been running for one month now and we have a one year contract with the radio station for advertising of the school. the contract was signed on the 7th of May 2020 and will run til June 2021.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

May 28, 2020

Repayment status

On Time

Projected term

1 week

Other loans

May 2020:  $14

Jun 2020:  $41

Jun 2020:  $70

Jul 2020:  $198

Jul 2020:  $447

Sep 2020:  $855

Lenders

Paul Buchheit

Mountain View, United States

Ask Malangiza Banda a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • T

    Thijs    Mar 21, 2022

    Soon = somewhere in the next 5 years?

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  • Mogarn    Mar 17, 2021

    I have called he said he would like to start repaying soon

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  • Mogarn    Feb 17, 2021

    I talked to Chaziya Banda Malangiza about the repayment of his loan and he said that he will start repaying his loan in the next 2 weeks

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  • Malangiza Banda    Dec 29, 2020

    I bought a motor bike for the driving school. We want to start training people to ride motorcycles in 2021.

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  • Malangiza Banda    Dec 14, 2020

    An expected delay in an investment I made that was suppose to pay off the full loan.

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  • T

    Thijs    Dec 11, 2020

    Zero so far

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  • Chiozya    Nov 10, 2020

    Dear Lenders,

    I spoke with Malangiza and he told me that he will make a repayment towards his loan by the end of the month. Thank you.

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  • Ketty    Oct 2, 2020

    Dear Lenders,

    I spoke with Malangiza who explained that he will make a repayment towards his loan next week.

    Thank you

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  • Chiozya    Oct 1, 2020

    Dear Lenders,

    I spoke with Malangiza and he explained to me that his business has been affected by the Covid-19 crisis. Malangiza plans to make a repayment towards his loan next week. Thank you.

    Log in to reply • Share

  • Malangiza Banda    Sep 11, 2020

    Yes i do love my work. Bike riding training is easy. i don't have to be on the bike with the learner. I will be sure to send you some pics once the bike is in.

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  • Babbitt Family Foundation    Sep 10, 2020

    Keep up the good work. Motorcycles are a lot of fun, but I don't know that I'd be brave enough to teach people! You must love your work!

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  • GJ

    Gerd Joachim    Sep 8, 2020

    send a message of success

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  • Malangiza Banda    Sep 5, 2020

    Thank you so much zidisha,I used the loan to clean the training ground where we were doing reverse for the driving school.the loan really helped,it came at the right time.Thanks once again

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  • Malangiza Banda    Aug 31, 2020

    Thank you for the the current loan i was given. This loan was used for the clean up and renovation of our training park. This loan came at the right and has really helped us with the renovation.

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  • Malangiza Banda    Aug 19, 2020

    Thanks for the loan. This loan was used for the cleaning and renovation of a park that has been given to us by the council for the training of our students for reverse. The money was very help and came just at the right time.

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  • Malangiza Banda    Aug 2, 2020

    Thanks for this loan. It help me clean up the park for training our students. The park was recently allocated to our driving. The loan came at the right time. The park is helping our business in popularity.

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  • Malangiza Banda    Jul 25, 2020

    Thank you for this loan. It has helped me with the clean up of the training park.
    The loan came just at the right time. The training park will help boost the business exposure and grow income.

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  • Malangiza Banda    Jul 21, 2020

    Thank you for this loan. It has come at the right time. It will help me clean up the park we have been allocated for training reverse. Thank you so much.

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  • Malangiza Banda    Jul 17, 2020

    Thank you for the previous loan we used this for the repair of our light truck vehicle for the driving school. The light truck is the biggest money spinner for the school and it was in need of an engine over haul. This has been done and it is back on the road.

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