Entrepreneur
Name
Benter
Member since
January 2015
On-time repayments
31 installments • 65%
About Me
I am a 24 year old lady,I was born in Bondo Siaya County.My education from primary to secondary was in my home district ,Bondo before leaving for Nairobi where I trained as a teacher for two years .I had interest in children since my childhood.I started teaching officially in September 2013 after completing my college.My childhood life had challenges ,I had to stay home for one year during my secondary education due to lack of school fee but I did not give up,giving up is last thing I can do in life.Things worked the following year and I was able to rejoin school.My love for children gave birth to my current project,I am giving extra lessons(tuition) to the weak children to help improve their performance.I like reading books and watching TV.
My Business
I am a teacher ,I teach children between ages 3-15 years.My business is a tuition centre where I provide extra lessons to children who are weak in various subjects namely Social Studies,Science,Kiswahili,Mathematics and English.I use exercise and textbooks,revision books,test papers,maps of various geographical areas,charts,pens.I also need desks,chalk and paints for the classroom.most of the textbooks cost $ 4.Books and other materials are bought once and I spent close to $ 120 to start the centre.I also have one teacher who help me teach the children,I pay him 20 % of the monthly income.Currently there 30 children whom we are serving each of the pay Kshs.40 per evening (4pm- 6:30 pm) which is around a half a dollar per day .They pay Kshs. 50 on Saturdays making my monthly income to be around $ 338 per month.My help is paid $ 67 which is around 20 % of the income,I also pay for running expenditures leaving me with around $ 150 per month ,I use my profit to improve the place and my personal expenses as well as saving.
Loan Proposal
I will use the loan buy revision books and past examination papers for the new pupils in class eight who have joined my tuition.I will buy the high flyer K.C.P.E(Kenya Certificate of Primary Education) revision for Mathematics,Science,Kiswahili,Social Studies and Religious Education and English which are sold averagely at $ 6 each which each of five books going at $ 30,with 9 class eight pupils in tuition,I will buy 3 sets of the revision books which will cost a total of close to $ 90 .Each child will pay $ 1 per evening and with the other 30 pupils in other classes I will be able earn at-least $ 30 per evening and that will help in repaying the loan as well as adding more learning stationeries .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$95.00
Date disbursed
Jun 22, 2015
Repayment status
On Time
Projected term
3 months
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