Expand my school by building two more classes

Renson

Karama Market, Kenya

100% repaid

Entrepreneur

Name

Renson

Member since

February 2015

On-time repayments

182 installments  •  40%

About Me

I am 33 years of age born and brought up in Runyenjes, Embu County in the Eastern part of Kenya. I went to Muragari Primary School, then Muragari Primary School before proceeding to ST Marks Teachers College in Kigari where I graduated with a P1 teaching Certificate.
I started teaching practice in 2005 in various schools but the conditions were not very favorable for my personal growth. 3 years ago, I partnered with Mr. Charles Mwongo (the chairman of Shiners Academy) to start a kindergarten school. The turnout has been very good and particularly this year, we do not have enough space to host the pupils. The success of the business is a great inspiration for me and I look forward to be the best education service provider in the region. I am a resilient person who believes in handwork, prayers and commitment in anything I do.
I am married with one wife and a son. During my free time, I like reading in the library, having fun with my family or attending church services.

My Business

The Academy ( Shiners Academy) started in 2012 with 40 kids but we’ve grown to over 300 pupils as at Aug 2018. Mainly we offer normal day teaching classes to kids from the neighborhood and also offer remedial practice in the evening for needy pupils. We charge school fees of $30 per term, getting a gross of around $4500 in one term. After deductions the school makes around $1800 profit in one term (3 months). The school has 11 teachers plus the two directors (I and chairman).
Last year, we got registered with tge government to register the school because the performance for the kids is very good. If I got funded, I'd use the funds to build new classes that will reduce congestion in the school. I will be able to accommodate more kids and the school will have a stronger foundation.

Loan Proposal

Dear Lenders,

Thank you very much for funding my previous loans. Kindly fund my loan so that i can expand the facility even further by building two more classes and be able to accommodate more pupils. This way, i will be able to manage my space well and i anticipate the revenue to increase by 20-30%.

Thanks

Regards,
Nicholas

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$364.00

Date disbursed

Oct 1, 2015

Repayment status

On Time

Projected term

35 months

Lenders

T

Tmann

Los Angeles, United States

M

m_dennis

Toronto, Canada

Tjitser

The Hague, Netherlands

H

Hynek

Brussels, Belgium

F

FaaThailand

Bangkok, Thailand

R

rcmssr

Woodbury, United States

E

eldicri

Favaro Veneto, Italy

K

kathy207

South Portland, United States

A

aliasadsj

Queens, NY, United States

T

ToddK

Indianapolis, IN, USA, United States

S

Steveandson

Arlington, United States

P

Piccolo

London, United Kingdom

K

kingmark1

Calgary, Canada

BJ

Brandon Joz

North Carolina, United States

N

nanning

Baltasound, United Kingdom

Aggul

London, United Kingdom

Jeff and Marcie

Portland, OR, United States

J

jjiffer

Seattle, United States

RockinRobin

Centennial CO, United States

MichaelR

Los Angeles, United States

J

JayJay

Cleveland, United States

P

proby24

Singapore, Singapore

G

gabarone

Rochester, United States

B

bobabrown

Canton, CT, United States

T

tmsaddress

Orlando, Florida, United States

A

ArcticOne

Medicine Hat, Canada

E

eagor

Wauwatosa, United States

cattlebaron

Pierre, SD, United States

S

Shadrax

Lansing, United States

pbosakov

Sofia, Bulgaria

J

jimmydjjr

Gautier, United States

dajawein

Gladstone, Australia

P

portlandloans

Portland, United States

MadsNissen

Oslo, Norway

Moyeji

Australia

R

RichardH

Manchester, United Kingdom

ViVenusMedical

Jarfalla, Sweden

Susansfund

Colorado Springs, United States

G

glomardor

Leonardtown, United States

IA

Ismini and Jerry

Stamford, USA, United States

A

aiban

Austin, United States

J

jzidi

Los Angeles, United States

D

doinggood

Missoula, United States

A

Austrian

Graz, Austria

P

PhilACK

Brampton, Canada

birtom

Ettlingen, Germany

E

EnhanceLife

Heber City, United States

ads68

Melbourne, Australia

dlpringle

Denver, United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Grant Xavier Storer

Seattle, Wa, United States

Haim Si

Mexico, Mexico

T

TZ

Singapore, Singapore

Sandra

Böblingen, Germany

Emma

Australia

V

Virginia

United States

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

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  • Renson    Apr 3, 2024

    Hello once again Zidisha members,am so greatful for funding me fully,with that I will buy gutters and fix them for water Harvesting in my growing Academy,This will help me harvest enough water to use for a couple of months before next rainy season.
    Thankyou so much for making my project possible at the right time.

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  • Renson    Nov 17, 2018

    Hi zisdisha,some one help please.I completed paying my loan.but applying another is abit difficult uploading information like photos.thax

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  • Emma    Jul 15, 2018

    Great job Renson :-) Nice to see how well you're coming along :-) There's not much left now, you're doing so well :-)

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    • Renson    Jul 16, 2018

      Thankyou Emma.circumstances forced me to go slow.sickness plus some challenges since my school business needed a class which was much expensive.now am back and believe that Zidisha has not done away with me yet coz I feel I now need to pay back.Thax to Eric for encouragement.Thanks a lot Emma too.I a sure you am back I will speed up payments.found well

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      • Emma    Jul 24, 2018

        I'm sorry to hear you've been unwell, & the challenges you've had in your way. But, am very impressed with how much a little encouragement helped you to believe in yourself again Renson :-) You're doing so well, good job :-)

        I hope the added class is going nicely, and that life in general is making you smile :-) All the best Renson, Emma from Australia.

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  • Emma    Jun 28, 2018

    You ok Renson? Hope life's treating you nicely :-)

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  • Emma    Jan 24, 2018

    Well done Renson :-) You're doing so well, its great to see you back :-)

    All the best with everything, Emma.

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  • Felix    Jan 11, 2018

    Hello lenders I have talked to Nyaga again at length he is ok and better now. he has promised to send in hes payment on Sunday or Monday next week. thank you.

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  • Emma    Jan 7, 2018

    Hi Renson,

    We still believe in you :-) You can do it... It doesn't matter if you're a little bit late. Just give everyone an update sometime soon so we know you're not a ghost :-) You'll be ok, you can do it... You're over halfway there :-)

    All the best, Emma from Australia.

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  • Felix    Jul 22, 2017

    Hi mr Nyaga has been sick he promised to resume once he is back to work. Thanks.

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  • Felix    May 6, 2017

    Hi lenders! Just talked Nyaga he promise to send his payment by Tuesday, thanks.

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  • Felix    Jan 7, 2017

    Hello lenders, just talked to Nyaga he is positive and set to update payments on monday.

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  • Felix    Nov 25, 2016

    hello lenders am still following up on Mr Nyaga efforts to reach him are fruitless but am still trying to reach him once i reach out to him I will update you.

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  • Renson    Feb 22, 2016

    I was paying most of my bills this month so it has effected my payment. I will resume normal payment in the coming weeks

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  • Felix    Feb 1, 2016

    Hi dear lenders had another discussion with Mr Nyaga and he promised to clear the arrears by 15th of Feb please bear with him.

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  • Felix    Jan 8, 2016

    Hello lenders Kindly bear with Nyaga He will update his payments soon for schools just resumed this week he is positive about clearing the arrears. Thank you.

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  • Felix    Dec 8, 2015

    Hi lenders had discussion with mr. Nyaga he is fine just had some financial constrains but promised to settle the payments soonest possible.

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  • Renson    Oct 21, 2015

    Most of the parents have delayed payment of school fees but i am hopeful things will be better soon.

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  • Renson    Sep 30, 2015

    Thank you lenders for funding my loan. I will use the funds for its intended purposes

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  • Renson    Sep 16, 2015

    The previous loan was of great help to me. I have expanded the facility to accommodate more pupils and the returns have continued to increase, thanks to Zidisha and my lenders for the support.

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  • Elijah    Jul 14, 2015

    Renson,

    Am happy your school is doing well, after the funding.

    Thank you for your continued repayments.

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