Buying rice, beans, and porridge for daycare program

Jennipher

Nairobi, Kenya

28% repaid

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How it Works

Entrepreneur

Name

Jennipher

Member since

July 2014

On-time repayments

66 installments • 15%

About Me

Am Jenniper Atieno Ochola From Homabay county,Rachuonyo District,Wachieng Ward.Am married with one baby boy.I tarted my primary education at Goodwill learners centre and did my KCPE exams in the year 2007.I then joined St. timon's secondary school in Migori county and did my KCSE exams in the year 2011.I finally jonied Halisi ECD teachers training college and graduated with certificate in Early childhood Education.Am currently teaching children of 4-7 years in baby class,Nuresry and Pre-unit.I started Newlife school so that I can earn a living, help my mother and finally help the young pupil's access quality education.Have managed to purchase books, stationary,Playing equipments for the young children's.My hobbies are reading novels and singing with children.

My Business

I will pay the loan back with money collected from day care services that I offer to the community and money collected as school fee charged per month.There is demand for my services since it is proven that I offer Education of good standards and better healthier daycare to pupil's who their parents are employed and must report to job every morning daily compared to my competitors who offer the same service.My customers prefer my services because am honest and committed to my work and I love children.In my centre we don't give babies in daycare medicine to sleep as some of our competitors do. My business is profitable because a lot of parent have trust in me, hence good number of pupils.The risk my business faces is lack of enough and spacious place to accommodate our pupils we plan to mitigate this by looking for spacious venue. My monthly collection is USD505 and my monthly cost is around USD370

Loan Proposal

I will buy 20kg of rice,20kg of beans costing $70.I will also buy packed baby porridge flour two bundles of 50kg each $82.The benefit will more income of $35 per month to my business through feeding programme that is paid for by parent,I will also feed two pupils free because their parent are financially challenged to an extent that they sometimes go without taking breakfast.