Building materials for classroom

Benson Kapenda

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Benson Kapenda

Location

Lusaka, Zambia

On-time repayments

48 weekly installments  •  31%

About Me

I am a dedicated trained teacher, business administrator, HR specialist and an entrepreneur.
I am married with one wife and four children; two girls and two boys.
I love to empower others economically and the sure way l thought of doing this is coming up with a business that within my expertise jurisdiction.
So, in 2012, l registered a school which is run as a private school in Lusaka. It is called Primetime Christian Academy.

My Business

My business is called Primetime Christian Academy. It runs from Kindergarten to Primary in the 6th grade. It is located within a compound of Matero North in Lusaka.
It has a population of 120 students ranging from 2 years to 12 years.
The business runs a one stream grade pattern.
The main thrust of the school is effective reading and writing among the learners, coupled with numeracy.
It is a fully registered business entity according to the laws of the Republic of Zambia in as far as Patent and Companies Registration Agency (PACRA) is concerned.

Loan Proposal

The loan will be used for buying building material, especially more blocks and iron roofing sheets.
It is meant to complete the building.

Income Source

We have continued with e-classroom classes via virtual meetings with children and parents. This is in addition that schools have reopened which has given us an upper hand to have steady income.
It would be easy to repay without any problem. This is evident by the way we have repaid a balance of K3526 at once on 22nd September 2020 instead of 30th October 2020.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$256.82

Date disbursed

Sep 27, 2020

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Service fee: $29.96

Credit risk payment: $26.97

Lenders

MarktheMormon

Sandy, Utah, United States

Scott

Oregon, United States

WhyPeace

United States

rjb

Phnom Penh, Cambodia, United Kingdom

Wendy

Los Angeles, United States

Betsy

United States

GC

Gabriel Collins

United Kingdom

Kelly

United States

M

Miles

United States

MM

Mac McKiva

United States

A

Anonymous

United States

H

Hannah

Australia

M

marjorie

Netherlands

B

Bass

Australia

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