Reams of paper for my tuition centre

Pasmol

Mufulira, Zambia

100% repaid

Entrepreneur

Name

Pasmol

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

I thank God for this opportunity and I also thank all lenders for your help in advance as I apply for this loan of K208. 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. With this loan of K208 from Zidisha i will buy reams of paper to help me in my business when preparing work for my pupils.

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

$10.00

Date disbursed

Jan 1, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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