Fees for my daughter who is pursing a masters

Stephen Kiratu

Nakuru, Kenya

27% repaid



Stephen Kiratu

Member since

May 2013

On-time repayments

181 installments  •  65%

About Me

My name is Stephen Kiratu Maina and a resident of racecourse estate in Nakuru town.am married with three daughters all who are in various colleges here in nakuru county.After graduating from Kenya polytechnic l was employed as a electrician for fifteen years in Nairobi city but later started my own electrical shop here in Town.Though at first it was a challenge l thank God for this far as this has enabled me to educate my daughters and develop myself economically.l as do electrical repairs within the town.

My Business

l started the electrical shop in 1997 after getting out of employment.The business is very profitable and l do get my stock from the wholesalers in Nairobi and sell at a profit margin of 30%. mostly l stock the china product as they are cheap and easily affordable to the customers.Although there is a lot of competition from other traders l make sure that my prices are competitive and my technical knowledge in this field serves as added advantage to my business.l make an average of ks 15,000 as profit after deducting the business expenses.if advanced with the loan l will add more stock to the business hence increasing the sales.

Loan Proposal

hello my lenders. l take the opportunity to salute you all and it is my hope that all is well with you . l am okey here in Nakuru and the rainy season has just began.thank you all for yet another opportunity that you have given me to raise school fees for my daughter who will be pursing her masters education immediately after her graduation come November.l want to prepare early for the fees and l will be very grateful if can once more trust me with the loan.l wiil use the money to pay the school fees.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Oct 9, 2016

Repayment status


Projected term

20 months

Cost to entrepreneur

Service fee: $33.62

Stephen opted to pay $199.21 into the Zidisha Members Loan Fund in return for a higher starting credit limit.


Paul Buchheit

Mountain View, United States

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