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
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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
Other loans
Lenders
Bangkok, Thailand
Arlington, United States
Doha, Qatar
North Carolina, United States
Orlando, Florida, United States
Portland, United States
Stamford, USA, United States
Heber City, United States
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Summary
Amount repaid
$380.36
Amount remaining
$0.00
Date repaid
Nov 15, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 11, 2015 | $20.00 | Oct 17, 2015 | $20.00 |
| Oct 18, 2015 | $20.00 | Oct 17, 2015 | $20.00 |
| Oct 25, 2015 | $5.00 | Oct 26, 2015 | $5.00 |
| Nov 1, 2015 | $5.00 | Oct 26, 2015 | $3.00 |
| Oct 31, 2015 | $2.00 | ||
| Nov 8, 2015 | $5.00 | Oct 31, 2015 | $3.00 |
| Nov 12, 2015 | $2.00 | ||
| Nov 15, 2015 | $5.00 | Nov 12, 2015 | $3.00 |
| Dec 15, 2015 | $2.00 | ||
| Nov 22, 2015 | $5.00 | Dec 15, 2015 | $5.00 |
| Nov 29, 2015 | $5.00 | Dec 15, 2015 | $5.00 |
| Dec 6, 2015 | $5.00 | Jan 4, 2016 | $5.00 |
| Dec 13, 2015 | $5.00 | Jan 4, 2016 | $5.00 |
| Dec 20, 2015 | $5.00 | Jan 9, 2016 | $5.00 |
| Dec 27, 2015 | $5.00 | Jan 9, 2016 | $5.00 |
| Jan 3, 2016 | $5.00 | Feb 2, 2016 | $5.00 |
| Jan 10, 2016 | $5.00 | Feb 2, 2016 | $3.00 |
| Feb 3, 2016 | $2.00 | ||
| Jan 17, 2016 | $5.00 | Feb 3, 2016 | $3.00 |
| Feb 4, 2016 | $2.00 | ||
| Jan 24, 2016 | $5.00 | Feb 4, 2016 | $1.00 |
| Feb 15, 2016 | $4.00 | ||
| Jan 31, 2016 | $5.00 | Feb 15, 2016 | $5.00 |
| Feb 7, 2016 | $1.00 | Feb 15, 2016 | $1.00 |
| Feb 14, 2016 | $0.00 | ||
| Feb 21, 2016 | $0.00 | ||
| Feb 28, 2016 | $2.00 | Mar 17, 2016 | $2.00 |
| Mar 6, 2016 | $2.00 | Mar 17, 2016 | $2.00 |
| Mar 13, 2016 | $2.00 | Mar 17, 2016 | $2.00 |
| Mar 20, 2016 | $2.00 | Mar 17, 2016 | $2.00 |
| Mar 27, 2016 | $2.00 | Apr 3, 2016 | $2.00 |
| Apr 3, 2016 | $2.00 | Apr 3, 2016 | $2.00 |
| Apr 10, 2016 | $2.00 | Apr 13, 2016 | $2.00 |
| Apr 17, 2016 | $2.00 | Apr 13, 2016 | $2.00 |
| Apr 24, 2016 | $2.00 | Apr 13, 2016 | $2.00 |
| May 1, 2016 | $2.00 | May 8, 2016 | $2.00 |
| May 8, 2016 | $2.00 | May 8, 2016 | $2.00 |
| May 15, 2016 | $2.00 | May 8, 2016 | $2.00 |
| May 22, 2016 | $2.00 | May 8, 2016 | $2.00 |
| May 29, 2016 | $2.00 | May 8, 2016 | $2.00 |
| Jun 5, 2016 | $2.00 | May 13, 2016 | $2.00 |
| Jun 12, 2016 | $2.00 | May 13, 2016 | $2.00 |
| Jun 19, 2016 | $2.00 | Jun 13, 2016 | $2.00 |
| Jun 26, 2016 | $2.00 | Jun 13, 2016 | $2.00 |
| Jul 3, 2016 | $2.00 | Jun 13, 2016 | $1.00 |
| Jun 22, 2016 | $1.00 | ||
| Jul 10, 2016 | $2.00 | Jun 22, 2016 | $1.00 |
| Jul 4, 2016 | $1.00 | ||
| Jul 17, 2016 | $2.00 | Jul 4, 2016 | $2.00 |
| Jul 24, 2016 | $2.00 | Jul 4, 2016 | $1.00 |
| Aug 26, 2016 | $1.00 | ||
| Jul 31, 2016 | $2.00 | Aug 26, 2016 | $2.00 |
| Aug 7, 2016 | $2.00 | Aug 26, 2016 | $1.00 |
| Aug 29, 2016 | $1.00 | ||
| Aug 14, 2016 | $2.00 | Aug 29, 2016 | $1.00 |
| Aug 31, 2016 | $1.00 | ||
| Aug 21, 2016 | $2.00 | Aug 31, 2016 | $2.00 |
| Aug 28, 2016 | $2.00 | Aug 31, 2016 | $1.00 |
| Aug 31, 2016 | $1.00 | ||
| Sep 4, 2016 | $2.00 | Aug 31, 2016 | $1.00 |
| Sep 1, 2016 | $1.00 | ||
| Sep 11, 2016 | $2.00 | Sep 1, 2016 | $1.00 |
| Oct 7, 2016 | $1.00 | ||
| Sep 18, 2016 | $2.00 | Oct 7, 2016 | $2.00 |
| Sep 25, 2016 | $2.00 | Oct 9, 2016 | $2.00 |
| Oct 2, 2016 | $2.00 | Oct 9, 2016 | $1.00 |
| Oct 10, 2016 | $1.00 | ||
| Oct 9, 2016 | $2.00 | Oct 10, 2016 | $2.00 |
| Oct 16, 2016 | $2.00 | Oct 12, 2016 | $2.00 |
| Oct 23, 2016 | $2.00 | Oct 12, 2016 | $2.00 |
| Oct 30, 2016 | $2.00 | Nov 21, 2016 | $2.00 |
| Nov 6, 2016 | $2.00 | Nov 21, 2016 | $2.00 |
| Nov 13, 2016 | $2.00 | Dec 28, 2016 | $2.00 |
| Nov 20, 2016 | $2.00 | Jan 5, 2017 | $2.00 |
| Nov 27, 2016 | $2.00 | Jan 6, 2017 | $2.00 |
| Dec 4, 2016 | $2.00 | Jan 7, 2017 | $2.00 |
| Dec 11, 2016 | $2.00 | Jan 7, 2017 | $2.00 |
| Dec 18, 2016 | $2.00 | Jan 9, 2017 | $2.00 |
| Dec 25, 2016 | $2.00 | Jan 9, 2017 | $2.00 |
| Jan 1, 2017 | $2.00 | Jan 9, 2017 | $2.00 |
| Jan 8, 2017 | $2.00 | Jan 9, 2017 | $2.00 |
| Jan 15, 2017 | $2.00 | Jan 11, 2017 | $2.00 |
| Jan 22, 2017 | $2.00 | Jan 11, 2017 | $1.00 |
| Jan 12, 2017 | $1.00 | ||
| Jan 29, 2017 | $2.00 | Jan 12, 2017 | $1.00 |
| Feb 4, 2017 | $1.00 | ||
| Feb 5, 2017 | $2.00 | Feb 4, 2017 | $2.00 |
| Feb 12, 2017 | $2.00 | Feb 4, 2017 | $2.00 |
| Feb 19, 2017 | $2.00 | Feb 4, 2017 | $1.00 |
| Feb 24, 2017 | $1.00 | ||
| Feb 26, 2017 | $2.00 | Feb 24, 2017 | $1.00 |
| May 10, 2017 | $1.00 | ||
| Mar 5, 2017 | $2.00 | May 10, 2017 | $2.00 |
| Mar 12, 2017 | $2.00 | May 10, 2017 | $1.00 |
| May 11, 2017 | $1.00 | ||
| Mar 19, 2017 | $2.00 | May 11, 2017 | $2.00 |
| Mar 26, 2017 | $2.00 | May 11, 2017 | $2.00 |
| Apr 2, 2017 | $2.00 | May 11, 2017 | $1.00 |
| Jul 13, 2017 | $1.00 | ||
| Apr 9, 2017 | $2.00 | Jan 16, 2018 | $2.00 |
| Apr 16, 2017 | $2.00 | Jan 19, 2018 | $2.00 |
| Apr 23, 2017 | $2.00 | Jan 19, 2018 | $2.00 |
| Apr 30, 2017 | $2.00 | Jan 29, 2018 | $2.00 |
| May 7, 2017 | $2.00 | Feb 8, 2018 | $2.00 |
| May 14, 2017 | $2.00 | Feb 13, 2018 | $1.00 |
| Feb 17, 2018 | $1.00 | ||
| May 21, 2017 | $2.00 | Feb 22, 2018 | $2.00 |
| May 28, 2017 | $2.00 | Jul 11, 2018 | $2.00 |
| Jun 4, 2017 | $2.00 | Jul 16, 2018 | $2.00 |
| Jun 11, 2017 | $2.00 | Jul 16, 2018 | $1.00 |
| Jul 17, 2018 | $1.00 | ||
| Jun 18, 2017 | $2.00 | Jul 27, 2018 | $2.00 |
| Jun 25, 2017 | $2.00 | Jul 31, 2018 | $2.00 |
| Jul 2, 2017 | $2.00 | Aug 11, 2018 | $2.00 |
| Jul 9, 2017 | $2.00 | Aug 11, 2018 | $2.00 |
| Jul 16, 2017 | $2.00 | Sep 1, 2018 | $2.00 |
| Jul 23, 2017 | $2.00 | Sep 1, 2018 | $1.00 |
| Sep 20, 2018 | $1.00 | ||
| Jul 30, 2017 | $2.00 | Sep 20, 2018 | $2.00 |
| Aug 6, 2017 | $2.00 | Sep 20, 2018 | $1.00 |
| Oct 3, 2018 | $1.00 | ||
| Aug 13, 2017 | $2.00 | Oct 3, 2018 | $1.00 |
| Oct 5, 2018 | $1.00 | ||
| Aug 20, 2017 | $2.00 | Oct 5, 2018 | $1.00 |
| Oct 9, 2018 | $1.00 | ||
| Aug 27, 2017 | $2.00 | Oct 9, 2018 | $2.00 |
| Sep 3, 2017 | $2.00 | Oct 21, 2018 | $2.00 |
| Sep 10, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Sep 17, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Sep 24, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Oct 1, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Oct 8, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Oct 15, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Oct 22, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Oct 29, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Nov 5, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Nov 12, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Nov 19, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Nov 26, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Dec 3, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Dec 10, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Dec 17, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Dec 24, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Dec 31, 2017 | $2.00 | Nov 15, 2018 | $2.00 |
| Jan 7, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jan 14, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jan 21, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jan 28, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Feb 4, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Feb 11, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Feb 18, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Feb 25, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Mar 4, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Mar 11, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Mar 18, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Mar 25, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Apr 1, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Apr 8, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Apr 15, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Apr 22, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Apr 29, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| May 6, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| May 13, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| May 20, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| May 27, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jun 3, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jun 10, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jun 17, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jun 24, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jul 1, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jul 8, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jul 15, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jul 22, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Jul 29, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Aug 5, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Aug 12, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Aug 19, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Aug 26, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Sep 2, 2018 | $2.00 | Nov 15, 2018 | $2.00 |
| Sep 9, 2018 | $0.36 | Nov 15, 2018 | $0.36 |
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