Tuition for my education

Stephen

Rarieda,asembo South, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

September 2014

On-time repayments

245 installments  •  63%

About Me

I grew from a humble background as a rural Boy going the normal chores of herding cattle, sheep and goats for my father.
My father was a farmer and through that he raised me through attending a local village secondary school.
Through handwork at school in my final year at O' level . i was the best with a good grade eventually.
Unfortunately, my father and mother passed on a year after my form 4 and this again became a setback in my life as i had to struggle again looking for odds jobs to make ends meet through the Tertiary education at college levels.
Through Gods' grace i have been able to complete my graduate degree and some professional courses.
Despite my level of education, i have not been able to get myself a job despite numerous job applications and several interviews, after going through the cycle repeatedly i decided to start my own business and employ myself as well as other people who have been unlucky as i was and hence to create employment

My Business

A friend of mine who works with an NGO gave me a call once and asked me if i wanted to get some money since at that time i was jobless and he knew my condition, i then agreed and he proposed to me a business idea that they usually get supplied with office stationery(books, files, pens, envelops etc) by a certain supplier who had gone abroad at that time and since they needed immediate supply, they could not wait and hence had to source for other alternatives, so he recommended that i register a business name and send them an LPO with detailed information on the stationery i was to supply. After i did that i was able to supply them and thereby realized some profit since i get the stationery from wholesalers who sale at very cheap prices when i buy in bulk and i end up selling them at a price lower than market price so that my clients wouldn't opt for other options since they are also quality.
Since then i decided to enter into the business, i went to numerous offices and has been able to get quite a number of customers and so far i can be able to pay for my upkeep which used to be so difficult.
Most of the profits i get i usually re-invest in the business since most of my clients pay after delivery or even after 30 days and i have to meet their demands all the time in order to maintain them.
The demand for my supplies has fully grown with numerous client wanting to be supplied just in time with the product and since then i have the urge to increase my finances so that i would meet the timely need.

Loan Proposal

I want to complete my Masters Degree in Project Planning & Management at the University of Nairobi, that i started back in the year 2015 but could not to complete due to financial distress and balancing between business in tough economic times.
I believe in the trans formative power of education and the empowerment of a new generation. With this i would be a great asset to both my business and offer Pro Bona support as a volunteer in any social, economic sector.

The school fee balances stands at USD 700 and this Loan will help me clear the fees and do my Thesis, then i will be able to graduate end of this year 2017, God Wiling, after the defense of my Project.

This will not go for a waste since my Supplier business is on course and my loyal clients are responding well in giving me orders to supplier.

I look forward to add my expertise in the business and grow my knowledge base while writing my case study with Zidisha. Very Practical

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$559.00

Date disbursed

Oct 25, 2017

Repayment status

On Time

Projected term

26 months

Lenders

ads68

Melbourne, Australia

Betapilot

Copenhagen, Denmark

PG

Paul Graham

United States

A

avangalen

Netherlands

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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

Loading...

Summary

Amount repaid

$555.55

Amount remaining

$0.00

Date repaid

Jan 7, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 5, 2017 $7.88 Nov 5, 2017 $7.88
Nov 12, 2017 $7.88 Nov 5, 2017 $7.88
Nov 19, 2017 $7.88 Dec 2, 2017 $7.88
Nov 26, 2017 $7.88 Dec 2, 2017 $7.88
Dec 3, 2017 $7.88 Dec 21, 2017 $7.88
Dec 10, 2017 $0.98 Dec 21, 2017 $0.98
Dec 17, 2017 $0.00
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $1.97 Jan 12, 2018 $1.97
Jan 14, 2018 $1.97 Jan 12, 2018 $1.97
Jan 21, 2018 $1.97 Jan 13, 2018 $1.97
Jan 28, 2018 $1.97 Jan 13, 2018 $1.97
Feb 4, 2018 $14.77 Mar 8, 2018 $14.77
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $0.00
Mar 11, 2018 $4.92 Apr 6, 2018 $4.92
Mar 18, 2018 $0.00
Mar 25, 2018 $0.00
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $3.95 Apr 17, 2018 $3.95
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.99 May 23, 2018 $0.99
Jun 3, 2018 $0.99 May 23, 2018 $0.99
Jun 10, 2018 $4.92 May 23, 2018 $0.47
May 30, 2018 $4.45
Jun 17, 2018 $4.92 May 30, 2018 $0.47
Jun 21, 2018 $4.45
Jun 24, 2018 $4.92 Jun 21, 2018 $0.47
Jun 22, 2018 $4.45
Jul 1, 2018 $4.92 Jun 29, 2018 $4.92
Jul 8, 2018 $4.92 Jun 29, 2018 $4.92
Jul 15, 2018 $4.92 Jun 30, 2018 $4.92
Jul 22, 2018 $4.92 Jun 30, 2018 $4.92
Jul 29, 2018 $9.84 Aug 20, 2018 $9.84
Aug 5, 2018 $9.84 Aug 20, 2018 $9.84
Aug 12, 2018 $9.84 Aug 24, 2018 $9.84
Aug 19, 2018 $9.84 Sep 13, 2018 $9.84
Aug 26, 2018 $9.84 Sep 13, 2018 $9.84
Sep 2, 2018 $9.84 Sep 13, 2018 $9.84
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $5.91 Oct 30, 2018 $5.91
Oct 28, 2018 $5.91 Oct 31, 2018 $5.91
Nov 4, 2018 $5.91 Nov 15, 2018 $5.91
Nov 11, 2018 $9.84 Nov 15, 2018 $9.84
Nov 18, 2018 $9.84 Dec 7, 2018 $9.84
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $4.92 Jan 11, 2019 $4.92
Jan 13, 2019 $9.84 Jan 11, 2019 $4.92
Jan 12, 2019 $4.92
Jan 20, 2019 $9.84 Jan 12, 2019 $4.92
Jan 23, 2019 $4.92
Jan 27, 2019 $9.84 Jan 23, 2019 $4.92
Jan 25, 2019 $4.92
Feb 3, 2019 $9.84 Jan 25, 2019 $4.92
Feb 13, 2019 $4.92
Feb 10, 2019 $9.84 Feb 13, 2019 $4.92
Feb 18, 2019 $4.92
Feb 17, 2019 $9.84 Feb 18, 2019 $4.92
Feb 20, 2019 $4.92
Feb 24, 2019 $9.84 Feb 20, 2019 $4.92
Feb 20, 2019 $4.92
Mar 3, 2019 $19.69 Feb 21, 2019 $19.69
Mar 10, 2019 $0.00
Mar 17, 2019 $0.00
Mar 24, 2019 $0.00
Mar 31, 2019 $0.00
Apr 7, 2019 $0.00
Apr 14, 2019 $9.84 May 2, 2019 $9.84
Apr 21, 2019 $0.00
Apr 28, 2019 $0.00
May 5, 2019 $0.00
May 12, 2019 $0.00
May 19, 2019 $0.00
May 26, 2019 $9.84 May 22, 2019 $9.84
Jun 2, 2019 $9.84 May 22, 2019 $4.92
Jun 8, 2019 $4.92
Jun 9, 2019 $19.69 Jun 21, 2019 $9.84
Jul 11, 2019 $4.92
Jul 14, 2019 $4.92
Jun 16, 2019 $0.00
Jun 23, 2019 $0.00
Jun 30, 2019 $0.00
Jul 7, 2019 $0.00
Jul 14, 2019 $19.20 Jul 15, 2019 $19.20
Jul 21, 2019 $19.20 Jul 15, 2019 $13.00
Jul 15, 2019 $0.08
Jul 19, 2019 $6.12
Jul 28, 2019 $19.20 Jul 30, 2019 $4.92
Jul 30, 2019 $14.27
Aug 4, 2019 $19.20 Jul 30, 2019 $5.41
Aug 2, 2019 $13.78
Aug 11, 2019 $19.69 Aug 9, 2019 $9.84
Aug 29, 2019 $9.84
Aug 18, 2019 $19.69 Aug 29, 2019 $9.84
Sep 3, 2019 $9.84
Aug 25, 2019 $4.92 Sep 25, 2019 $4.92
Sep 1, 2019 $0.00
Sep 8, 2019 $0.00
Sep 15, 2019 $0.00
Sep 22, 2019 $0.00
Sep 29, 2019 $4.92 Sep 27, 2019 $4.92
Oct 6, 2019 $4.92 Oct 15, 2019 $4.92
Oct 13, 2019 $9.84 Oct 24, 2019 $9.84
Oct 20, 2019 $0.00
Oct 27, 2019 $4.92 Oct 29, 2019 $4.92
Nov 3, 2019 $4.92 Nov 6, 2019 $4.92
Nov 10, 2019 $9.84 Nov 12, 2019 $4.92
Dec 19, 2019 $4.92
Nov 17, 2019 $0.00
Nov 24, 2019 $0.00
Dec 1, 2019 $0.00
Dec 8, 2019 $0.00
Dec 15, 2019 $0.00
Dec 22, 2019 $9.84 Dec 20, 2019 $4.92
Dec 31, 2019 $4.92
Dec 29, 2019 $19.69 Dec 31, 2019 $4.92
Jan 7, 2020 $13.07
Jan 7, 2020 $1.69
Jan 5, 2020 $18.00 Jan 7, 2020 $3.23
Jan 7, 2020 $14.77

Loading...