Cleaning materials for my after-school tuition center

Pasmol Mubamba

Mufulira, Zambia

Funds disbursed

$0 to go

100% funded of $63 goal

0

days left

Entrepreneur

Name

Pasmol Mubamba

Member since

December 2020

On-time repayments

8 installments  •  50%

About Me

My name is Pasmol Mubamba, I come from Mufulira in Zambia. Mubamba is not a common name in Zambian tribes so many people would call me Mubanga. I was born in 1997 and did my primary and secondary education in Mufulira. After secondary school I did a diploma in teaching and i love teaching i have opened my own tuition centre at home called Pm Tutorial. I am born alone from a single mother. Life was hard to even finish school I developed interest in teaching a long time ago and I was teaching young kids at home that is how I was paying for my education.

My Business

The source of income I have is my tuition center for a number of primary and secondary grades, I like teaching maths and sciences. For instance I have grade 9 pupils who pay K300 per month and they are a good number. My goal is open my own school one day and manage it fulltime bacause at the moment I operate from home. I started this business when I couldnt find a job and also when the covid19 pandemic started and schools were closed most parents resolved to be taking children for private lessons so I saw this opportunity.

Loan Proposal

First of all I would like to thank the lenders from Zidisha for the loan i finished paying . I need a loan to buy cleaning materials for my afterschool tuition center to keep the place clean and tidy all the time. I am a teacher by profession and due to lack of employment and the covid 19 pandemic I decided to start running my own tuition centre at home where I stay and I have a number of pupils and number has been increasing.

Income Source

The money that I raise from the tuitions i save something per week because I am aware in business there are ups and downs. However, I am so determined in my business and plan very well so I can repay the loan no matter what economic risks we face.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$63.83

Date disbursed

Feb 13, 2021

Repayment status

Late

Projected term

4 weeks

Cost to entrepreneur

Service fee: $3.90

Credit risk payment: $11.83

Optional expediting fee: $7.87

Lenders

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