Furniture restocking

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

Our target is to raise at least K3500 for this project of furniture restocking. Our projected number of chairs for kindergarten is 50. We are remaining with 42 chairs more to be restocked.

Therefore, this loan when accessed will as well go towards the purchase of the chairs.

Income Source

We have continued with the same approach and methodology of raising funds for repayment as in the previous submission.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.52

Date disbursed

Jul 26, 2020

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: 10% of $143.52 = $10.69

Credit risk payment: $11.77

Optional expediting fee: $10.69

Lenders

cyrus0302

San Francisco, United States

lietu

Tallinn, Estonia

G

GLWall

Iowa, United States

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

camilberlin

Berlin, Germany

Treesforpeople

Oxfordshire, United Kingdom

S

Stephan

Netherlands

S

Sven

Netherlands

Dave Bogard

New York, United States

Wendy

Los Angeles, United States

Ren

Minneapolis/StPaul, United States

MM

Mac McKiva

United States

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