Kenya

Iron sheets for building more classrooms

Entrepreneur
Beatrice Odhiambo
Eldoret Mailinne, Kenya
Invited Members: 2   View

Volunteer Mentor: Walter Maseki

This Loan
0% Repaid


Disbursed Amount: $581.93
Date Disbursed: Jul 25, 2017
Repayment Status: On Time
Repayment Frequency: Weekly Projected Term: 13 months
Cost of Loan: $29.10
Show Cost Details

Cost of this loan

Service Fee: 5% of $581.93 = $29.10


Story
About Me

My names are Beatrice Odhiambo Iam 55 years old,Born in Nyanza province .Iam the first born of the six children in our family .Iam married and also blessed with six children.My first four children are already married while the last two are in college and high school respectively.
I was educated up to the old primary school level their after I got married and also fortunately by grace of God I became an ECD teacher I also in 2012 started The business which has really helped me and my family a lot.

My Business

My business is salon business and ECD school,located at Tiri Mbili estate Eldoret Town.I started the business in the year 2012 and 2014 respectively with a capital of US Dollars 280 and us dollars 300.
My monthly cost of running the business is US Dollars 600 while average Gross profit before the expenses is usually approximately US Dollars 500.
The following is how I normally use profits from the business :-
10% I give tithe to the church
70% Up keep i.e food and rent
5% Savings
15% I support my aged mother and two siblings

Loan Proposal

When am given this loan amount then I will able to buy 60 Iron sheets for expanding class rooms for my School at 600 US Dollars.
This will give a pace to admit more student in my School and also get more profit for myself .
When this plan is implemented then I expect this School business to grow by 50% this financial year and more next year.
Thanks for accepting to lend me again I will still be faithful in my payment as I have been.
God bless Zidisha



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Feedback
Positive   4      Neutral   0      Negative   0     

  • melissapmeier     Jun 27, 2016

    Positive

    Best wishes to you, Beatrice! I would be happy to lend to you again!


  • Wendy Emlyn     Jan 24, 2016

    Positive

    Beatrice has repaid her loan almost a month early


  • howard     Sep 5, 2015

    Positive

    Thank you, Beatrice, for your very fast repayments.


  • Paul     Jul 27, 2015

    Positive

    Loan repaid in full. Great experience!!!


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Iron sheets for building more classrooms

Beatrice Odhiambo
Eldoret Mailinne, Kenya

0% Repaid