INSTRUCTOR PAYMENT POLICY

Camanda’s Business model involves taking a service fee each time a learner enrolls. Camanda takes 30% of the payment, and instructors receive 70%. This means that we only succeed when you succeed, and our interests are aligned. To that end, Camanda acts as your payment facilitator. We will handle the collection of student enrollment fees and ensure secure transactions. You are not responsible for collecting payments directly from learners.

Payout Logistics

You will receive a 70% share of the net course revenue (more details below) generated from learner enrollment fees. For each class, you are paid 70% of the class price multiplied by the number of enrolled learners [0.7 x (price x number of learners)].

All instructors are paid to their designated bank account in the Nigerian Naira(₦).

For Short Courses and Live Classes with Fixed Duration, you will receive 50% of the net course revenue within 10 business days from the start date of your class. The remaining 50% will be paid within 10 business days from the end date of the class.

For One-Time Classes, you will be paid within 10 business days from the start date of your class.

For Self-paced (Pre-recorded) Classes, payments are issued within the first 10 business days of the month.

The Company will provide you with a detailed breakdown of your earnings alongside each payment. This breakdown will include the net course revenue, deductions made (as outlined below), and your final payout amount.

You are responsible for paying taxes on your earnings and reporting them appropriately according to tax regulations.

In rare cases, a technical issue may cause a payout delay of up to 48 hours. In these instances, you may contact Support ([email protected]) for a status update.

Revenue Sharing: You will receive a 70% share of the net course revenue generated from student enrollment fees.

Net course revenue is defined as the total enrollment fees collected minus the following deductions:

• Promotional Fees: Costs associated with any discounts or promotions offered on your course.

• Gateway Fees: Fees charged by any third-party platforms used for learner registration.

• Taxes: Applicable taxes withheld as required by law.

• Refunds: Any refunds issued to learners for cancellations or other reasons.