A loan to pay tuition fees for my sons

Jane

Baba Dogo, Kenya

100% repaid

Entrepreneur

Name

Jane

Member since

July 2017

On-time repayments

151 installments  •  93%

About Me

I was brought up in central Kenya, Kiambu county, Thika Sub County. I am the fifth born in a family of seven siblings. I attended Mutuma Primary school and proceeded to Mutuma Secondary schoo in Thika. I did my certificate in secretarial course in St. John's Community centre in Pumwani and did my Computer packages in Data centre. i did part time jobs for sometimes. the meager wages i saved enabled me start my own business in Nairobi, buruburu estate where i started with two machines and a printer. i opened acybercafe. many young people like betting games and since not many busisses of my kind are there, atleast i am left with something at the end of each day. i have got four children of which my fisrt born wants to be an it engineer where the other three wants to businesses. on weekends, after church i join other women deaconesses to visit the sick and needy people in the society.

My Business

As i have indicated above, i started a cybercafe with 70 dollars as my capital. with this amount, i bought two computer machines and a printer both of which were second hand. i opted on this kind of business because it was in line with what i did in college. with the sportpesa betting and many other betting available in our society now, i tend to have many youths coming. my problem right now is lackof machines. in a single day my total expenses range between ksh800 and ksh1000 . what i collect in a day ranges between ksh900 and ksh1500 in a good day. part of my profits are used personal upkeep and expanding my business. like recntly i bought a binding machine from those savings.

Loan Proposal

well i intend to use the amount to pay for my two sons tuition fees. Both of them are in a private school where as a parent, am required to pay for any service given to my children. For instance you are required to purchase a complete school uniform, writing materials (exercise books, biro pens, pencils, eraser, sharpener just to mention but a few). Having done this, fees need to be payed. Good lucky, i had payed fully school fees and what is remaining is tuition fees. This is meant for the two weeks schools shall be open during this vacation. It is 3 dollars per pupil. This means that my children shall not be the same when schools shall reopen next month. I too did not want to use the gains from my cyber cafe since i have got plans to expand it.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Aug 5, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Francesca

Scotch Plains - New Jersey, United States

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