Educational loan

Fredrick Mwenje

Mbale, Kenya

100% repaid



Fredrick Mwenje

Member since

April 2017

On-time repayments

90 installments  •  18%

About Me

Fredrick mwenje grew up in a village full of challenges. In my primary school life wasn't easy as I lived at my mum's place. Having no idea about my dad made life even more difficult. All these challenges made me work even harder in school to become a better person in the future. With school fees being a problem in school I went to aday school. Still feeding at home was a big problem. I worked hard praying to God to help me achieve my goals in life. I made it to campus and pursed adegree leading to bachelor of education. At campus life wasn't easy. It's at campus when the idea of starting a business. I opted for a cyber since I had acquired some skills in computer. Finances being a problem I didn't manage well so when I completed campus last year I had to sought out ateaching job which raises for me the capital for the business. Now I do print pamphlet for my students in all the subjects. The people where I come from do embrace technology and cyber services are on high demand. If God will bless me with children I want them to grow up knowing business life. My hobby is traveling and discovering new things.

My Business

I do provide internet services, printing, binding etc. This services are on demand. I choose these because of my knowledge in computer besides being a teacher. I use the income from this business to pay for my bills in life. Also being from a humble background am the bread winner for the entire a teacher too

Loan Proposal

I will buy printing papers $4
binding material $ 2
transport $1
I will earn a profit to increase my business of printing pamphlets for my students.
I expect profits to increase by $10





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $1.35



Paul Graham

United States

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