Buying a second-hand car for driving school

Ramsay Banda

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Ramsay Banda

Location

Lusaka, Zambia

On-time repayments

20 weekly installments  •  50%

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

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$93.74

Date disbursed

Feb 16, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $5.98

Credit risk payment: $15.55

Optional expediting fee: $11.95

Lenders

M

MarkAndMary

Seattle, United States

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

P

PlutusNOR

Trondheim, Norway

Tavin

Ottawa, Canada

Sundstroms

Falun, Sweden

G

Goodwill

Oakland, United States

A

Andy

Berlin, United States

lizandsteve

guelph, Canada

mepster

San Francisco, Ca, United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

S

Sven

Netherlands

Family Mueller

Petershagen, Germany

R

Robert

Berlin, Germany

PP

Pasi Paajanen

Helsinki, Finland

Paul Smithson

Leeds, United Kingdom

Christopher Hey

Sudbury, Canada

Gabriel Fenili

Santo André, Brazil

VS

Vicki Stewart

Charlotte, United States

J

Jon

United States

S

Suzannah

New York City, United States

VC

Victor Chong

United States

HCPSPIRIT

Helsinki, Finland

GS

Gary Sinard

Franklin, TN, United States

GC

Gabriel Collins

United Kingdom

DW

Dan Winetsky

United States

S

Sarah

Arlington, United States

PA

Peter A

New York City, United States

KP

Keith Penrod

United States

MM

Mac McKiva

United States

B

Ben

United States

A

Anonymous

United States

M

Malte

Switzerland

J

Juhani

Helsinki, Finland

G

Gabriel

Singapore

Andrew

United States

Eike Christian Lorenzen

Flensburg, Germany

KC

KinHo Chan

United States

Frank

Germany

L

Leigh

Australia

K

Katka

Germany

LC

Linda Cladis

United States

W

Wim

Deventer, Netherlands

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