Buying a second-hand car for the driving school

Ramsay

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Ramsay

Member since

December 2020

On-time repayments

23 installments  •  57%

About Me

My name is Ramsay Banda am a Zambian citizen by Nationality with a green national Registration Card.I went to school and completed my high school though i did not go very far in my education. I went to a driving school and i learnt how to driver and today am a professional driver. Because of the passion in the field of transport, I have end up
opening my own driving school because i need financial support to improve the driving school.

My Business

I own a driving school in our community and teach students and ordinary people with the passion to drivers or transport officers. Mainly i train the students on the 10 basic rules of driving and ensure they understand the road marking and interpret them according to avoid road traffic accident if they were to become good drivers. I choose this sector of business because demand is keeping increasing to learn how driver and most people in the community are buying vehicles 22.As a driving school i want to take this opportunity to ensure that the driving has at least more 2 vehicles.

Loan Proposal

Am running a driving school in our community and the school is in short of cars for students to use when learning and practicing how to driver. As driving school, I have planned to buy a second to accommodate more students to have the chance to driver than just learning verbally. This will help me attract more people especially the male who want to become transport officers in future.

Income Source

Apart from the driving school am also running a bottle store and grocery shop, where i also generate income. My wife is also pharmacist and she is running a drug store and the business is doing well. Since we ran all the businesses together. We have already strategize on we will service the loan and repay on time through our businesses.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

Jan 27, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

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