Completing third term school fees for my son
Juma
Mazeras Miwani, Kenya
33% repaid
Entrepreneur
Name
Juma
Member since
October 2016
On-time repayments
92 installments • 62%
About Me
I was born in 1963 in mazeras miwani village. I started my primary education at mazeras primary school then joined mazeras polytechnic after completing my tailoring course i was employed in a factory as a machine operator for some years then i got capital to start my own business. My business is all about washing and ironing clothes.
My Business
I wash and iron clothes. My business is allocated within mazeras town along Mombasa Nairobi highway so many track drivers wash and iron clothes in my shop. Also there are many industries around and they came out late after work so they don't have enough time to do with their clothes. My typical cost and revenue are 4000 KES for license per year, 1500 KES for water bill pay month, 1100 KES for Chaco per month 600 KES for washing soaps per month. I used the profit to pay school fees for my children and home improvement
Loan Proposal
I will complete paying third term school fees for my son, the school fees balance is 150$. It will help me growing my business because the profit i get will not be paying school fees for the remaining months this year.
Feedback
Positive
3
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$144.00
Date disbursed
Oct 1, 2017
Repayment status
Late
Projected term
11 months
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