Education fee

Felistus

Gilgil, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Felistus

Member since

January 2015

On-time repayments

115 installments • 67%

About Me

My names are Felistus Nyambura Ndung'u. I was born in September 21st 1992 being a second born in a family of three. I started primary school in 1999 and completed in 2006. I was admitted in Naivasha girls high school in 2007 - 2010. A year later i was enrolled in Egerton university where am studying bachelor of science in agricultural economics. Late last in my third year i went for my attachment at the ministry of agriculture from September to December. I am still in school in fourth year which is my last year. I plan to study for my masters later so as to further my studies while still operating my business.

My Business

I own a clothes business called smart clothes.in a day i make sales of 1000 Kenya shillings.if converted into monthly sales they add up to Ksh. 26,000. I pay house rent Ksh. 6000 per month.i have employed a lady whom i pay ksh6000. I use Ksh. 5000 to cater for transport and other needs since i go to school part-time. I give my mother 4000 to cater for our house needs. The remaining 5000 i use for restocking my business which is growing gradually. Once i complete school, i will be able to manage my work more efficiently and at the same time open another business related to the course am doing in the university. I am confident that my business will repay the loan. Meanwhile, while in school my mother assists me in managing especially when am doing my exams. Thank you in advance.

Loan Proposal

I plan to use the loan to pay for my school fees. Every semester i pay 26000 Kenya shillings. The loan i am applying for will assist me to pay part of the school fees and i also intend to buy some books and stationery to make my learning easier and more convenient. Investing in education in my country, Kenya, is very important. Kenya is growing at a fast rate and technology is changing for the better in all sectors of the economy including agriculture hence the need to be learned and have a good education background. I am a Kenyan and i want to embrace this technology by studying and furthering my education to achieve greater heights. Thanks in advance.