College fees for my spouse

Elijah

Githurai, Kenya

100% repaid

Entrepreneur

Name

Elijah

Member since

January 2015

On-time repayments

331 installments  •  69%

About Me

I started life by doing jobs in construction sites and latter in Kenya clay works company. After saving 6,000 i started my first business of poultry keeping in 2008 august which grew up to a capital of Kshs 75,000 capital in 6 months by financing through higher purchase and retained earning. The 6,000 was
After 3yrs in poultry business i closed down to venture in cyber business in 2012 which i ran to date.
My family made of four i.e my son, daughter, wife and i. I have always had an interest in networking and computers the reason why i started the cyber cafe business.

My Business

Cyber business involves providing the public with internet access, computer services i.e typesetting, printing and other internet solutions. The service are in demand because the public need to access government and other organizations information as well as social sites which they use to communicate with friends worldwide. The typical costs are , papers, inks, electric power, internet, tire and ware. Soo far the income from the business has been largely been used to reinvest and home use.
In addition, I expanded my business by starting a consulting business in bookkeeping and credit management. This has been inspired by wanting to utilize my professional skills to help other businesses in the community. My consulting business has helped my people in keeping track on how their businesses are performing. The consulting business is growing gradually and currently i have been able to sign with two banks and an insurance company on trade finance products. This is a significant grow as it increase the pool of services we offer to our clients.
The typical cost for the consulting business is office rent, stationery, salary for sales people, transport and logistics, internet and other office running cost.

Loan Proposal

With the loan i intend to pay my spouse's college fees. My wife has a gift and passion for business. In previous places where she has been employed she has passionately grown the business. She has always loved to further her studies in the business related courses and now she has enrolled for a diploma in business management and Zetech University here in Kenya.
I will use the loan amount to pay the first installment for her fees and the rest will i will pay from our savings. The fees for one year is about 873 $ .
By educating her i believe she will bring in the knowledge towards empowering our business and and growing to other business ventures in future.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$366.00

Date disbursed

Dec 29, 2015

Repayment status

On Time

Projected term

8 months

Lenders

investor

Candiac, Canada

R

rcmssr

Woodbury, United States

K

kathy207

South Portland, United States

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

F

farwest

Alamo, United States

E

ebronken

Oslo, Norway

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

H

harrymore

Townsville, Australia

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

S

SanderBeckers

Brussel, Belgium

G

GanSatya

United States

E

elhh82

Petaling Jaya, Malaysia

D

drorm

United States

J

Jonas

Linköping, Sweden

S

spivurno

United States

J

jay12

Germany

bb4dogs

United States

S

sarah4d2

Saint Louis, United States

T

thenwhen

United States

mepster

San Francisco, Ca, United States

J

JonAlec

United States

Grant Xavier Storer

Seattle, Wa, United States

S

sarahb

United States

Otto Barten

Amsterdam, Netherlands

S

Stephan

Netherlands

JL

Joao Leal

United Kingdom

KM

Kirsty M

United Kingdom

MW

Matt Willis

United States

P

Patty

Colorado Springs, United States

Kevin

San Francisco, United States

Jennifer Weber

Canandaigua, Ny, United States

JF

Jason Foti

United States

PG

Paul Graham

United States

AH

ajay hampapur

United States

RobLu

Michigan, United States

GT

Geoff Tucker

United States

RC

Rudi Chen

United States

Ask Elijah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...