Khuzwayo moyo and Blue sky academy, Lusaka (2026)

18/01/2026

the accountant himself 🛐
Here’s a clear, simple way to explain how to make money by loaning K500 (Zambian Kwacha). You can copy this as notes or a small write-up.
How to Make Money Using K500 by Loaning It
You can use K500 to make money by giving small short-term loans to trusted people and charging interest.
Step 1: Decide Who to Loan
Loan money only to:
Friends, neighbors, or co-workers you trust
Small traders (market sellers, airtime sellers, charcoal or vegetable sellers)
Avoid strangers at the beginning.
Step 2: Split the K500 into Small Loans
Instead of giving one person all the money, divide it:
5 people × K100 each
or
10 people × K50 each
This reduces risk if one person fails to pay.
Step 3: Set Interest
Charge small but clear interest, for example:
K100 loan → pay back K120 in 1 or 2 weeks
K50 loan → pay back K60
This is about 20% interest, which is common in small lending.
Step 4: Fix a Short Payback Time
Short periods work best:
7 days
14 days
Do not give long loans when starting.
Step 5: Keep Records
Write down:
Name
Amount given
Amount to be paid back
Date to pay
This helps you avoid confusion and excuses.
Step 6: Reinvest the Profit
Example:
You loan K500 total
You get back K600
Profit = K100
Use the K600 to loan again and grow your money.
Example Monthly Profit
If you earn K100 every 2 weeks:
K200 per month
K2,400 per year (from only K500 capital)