School building project

Benson

Lusaka, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Benson

Member since

June 2020

On-time repayments

52 installments • 37%

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

The loan will be used to buy building sand and cement. Even if this loan is not enough, it will make a good start. The whole project requires ZMW54000 but this loan will make a positive inroad.
Other works are to buy building accessories for plumbing.

Income Source

We have continued with cloud meetings with selected parents who have been consistent in paying for their children's elearning using zoom.

We have further innovated the 'Home Based Education' where we taking education to the doorsteps of households. Because of lockdown on schools, children are at home and with our devised business model of charging ZMW50 per household, we are targeting economies of scale. The response in the 50 households as pilot project, the response has been overwhelming. With more financial resource base, we hope to scale up. This means more revenue.