A printer for my buisness

Yakobet

Mukumu, Kenya

100% repaid

Entrepreneur

Name

Yakobet

Member since

February 2016

On-time repayments

23 installments  •  74%

About Me

I am a trained primary school teacher ,a mother of two children , I schooled at musingu primary school and passe well ,I joined kwisero mixed secondary school for my secondary education and bungoma based kibabii university for my diploma in education.
I was not able to get a government job due to high number of job seekers. I decided to start tuition services so that I could get some money to cater for my daily basic needs . I asked my church pastor to let me use the church to provide tuition for primary children. Getting pupils was an uphill task ,for the fast three months I only had five pupils, i did i my best and once there performances improved my quality work spread in the estate and I started receiving more pupils. my goal is to establish a low cost primary school in future that provides high quality education.
I love children and I am always happy when I am in the kids company,it gives me satisfaction.

My Business

I provide education tuition services to primary school children,the demand for the goods are high because of the overcrowding in public primary school and high pupil -teacher ration that has led to poor quality education and therefore parents have to look for alternatives like tuition to help bridge the gap.
i choose these business because I am trained teacher and because of my desire to help kids from poor backgrounds acquire quality education.
I spend $100 in a month for rent.electricity and reading materials. my average income per month is $290 per month .I spend the money on improving the business through purchase of reading materials and supporting my family,I also provide tuition for free for very poor but bright children.

Loan Proposal

Given the high number of reading materials I have to produce daily, I am requesting for a loan to buy my own printer to help me work more easily and reduce my costs,the printer will cost me $80 and I would use the money from the the loan $60 and savings $20 to buy the printer.I would really appreciate your help.thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

24 months

Other loans

Lenders

The Zinc Team

San Francisco, United States

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