Funding my part time studies

Linus

Tom Mboya Estate,kisumu City., Kenya

8% repaid

Entrepreneur

Name

Linus

Member since

July 2014

On-time repayments

92 installments  •  7%

About Me

I am Linus Milanya, single and coming from a family of 4 children.2 boys and 2 girls. I have my parents who are both subsistence farmers at home. I stay in Kisumu city which is located 100km from my home. I have been there for the last 3years. I`m employed by an organization known as Tuungane as a co coordinator in the department of mobilization. I have studied public relation up to Diploma level. I want to start part time classes so that I attain my Degree title in the field of Public Relation. This will enable the organization I`m currently employed with consider my promotion that will result in salary increment. I like playing pool and making new friends during my free time, I`m talented in soccer player too having been recognized in many games both in schools and clubs.

My Business

Since I`m employed with an organization on a contract basis, I`m confident of getting my salary and using it in repay the loan. I get paid monthly salary of $ 200. I do have costs which may sum up to $110 per month. This will leave me with averagely $ 80 which I can use to repay the loan. There is demand in degree course which I want to pursue because one can work both in private NGOS or public offices. Some organization may consider having my services because of practical experiences which I have gained for the last 3 years. The profession I have also has advantage of contracts whereby if you are stopped emergently, the organization has to pay you for the whole period which is a good backup to repay my loan. Risks involved are like too much travel which may make one sleep outside his/her house for even one week or more. Monthly profit is about $80 which is the difference between my revenues of $ 220 and costs of $140.Confidently, going by that, chances of repaying the loan are high.

Loan Proposal

I will use the loan to pay for my school fee in pursuing a degree course part time.The benefit of pursuing this course is to help me gain experience that will enable the organization I am working with consider my promotion which will translate to salary increment.
It will also boost my chances of of delivering quality services to any organization or even government hence attracting more opportunities.
I believe lenders should support me because every time I get paid it normally comes with a lot of costs and bills leaving me with very little money to take to school.Lenders to consider your ability to repay given that I am employed on a contract basis.
I look forward to your humble support and also to cooperate and be available all the time as required by zidisha organization.Thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 14, 2014

Repayment status

Late

Projected term

21 months

Lenders

jan73

Eugene, United States

Sarasota

Sarasota, Fl, United States

mole333

Brooklyn, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

J

Jonas

Linköping, Sweden

M

mguenter

Switzerland

A

AniaC

Melbourne, Australia

P

Prometheus

Duisburg, Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$13.95

Amount remaining

$165.70

Expected completion

May 26, 2016

Status

Repaying late

Installment amount

$2.33

Repayment History

Expected Payments Actual Payments
Aug 21, 2014 $0.00
Aug 28, 2014 $0.00
Sep 4, 2014 $0.00
Sep 11, 2014 $2.33 Sep 13, 2014 $2.33
Sep 18, 2014 $0.00
Sep 25, 2014 $0.00
Oct 2, 2014 $2.33 Oct 13, 2014 $2.33
Oct 9, 2014 $2.33 Oct 13, 2014 $2.33
Oct 16, 2014 $2.33 Oct 13, 2014 $1.16
Nov 3, 2014 $1.16
Oct 23, 2014 $2.33 Nov 3, 2014 $2.33
Oct 30, 2014 $1.16 Nov 3, 2014 $1.16
Nov 6, 2014 $0.00
Nov 13, 2014 $0.00
Nov 20, 2014 $0.00
Nov 27, 2014 $1.16 Jan 9, 2015 $1.16
Dec 4, 2014 $0.00
Dec 11, 2014 $0.00
Dec 18, 2014 $0.00
Dec 25, 2014 $0.00
Jan 1, 2015 $0.00
Jan 8, 2015 $0.00
Jan 15, 2015 $0.00
Jan 22, 2015 $2.33
Jan 29, 2015 $2.33
Feb 5, 2015 $2.33
Feb 12, 2015 $2.33
Feb 19, 2015 $2.33
Feb 26, 2015 $2.33
Mar 5, 2015 $2.33
Mar 12, 2015 $2.33
Mar 19, 2015 $2.33
Mar 26, 2015 $2.33
Apr 2, 2015 $2.33
Apr 9, 2015 $2.33
Apr 16, 2015 $2.33
Apr 23, 2015 $2.33
Apr 30, 2015 $2.33
May 7, 2015 $2.33
May 14, 2015 $2.33
May 21, 2015 $2.33
May 28, 2015 $2.33
Jun 4, 2015 $2.33
Jun 11, 2015 $2.33
Jun 18, 2015 $2.33
Jun 25, 2015 $2.33
Jul 2, 2015 $2.33
Jul 9, 2015 $2.33
Jul 16, 2015 $2.33
Jul 23, 2015 $2.33
Jul 30, 2015 $2.33
Aug 6, 2015 $2.33
Aug 13, 2015 $2.33
Aug 20, 2015 $2.33
Aug 27, 2015 $2.33
Sep 3, 2015 $2.33
Sep 10, 2015 $2.33
Sep 17, 2015 $2.33
Sep 24, 2015 $2.33
Oct 1, 2015 $2.33
Oct 8, 2015 $2.33
Oct 15, 2015 $2.33
Oct 22, 2015 $2.33
Oct 29, 2015 $2.33
Nov 5, 2015 $2.33
Nov 12, 2015 $2.33
Nov 19, 2015 $2.33
Nov 26, 2015 $2.33
Dec 3, 2015 $2.33
Dec 10, 2015 $2.33
Dec 17, 2015 $2.33
Dec 24, 2015 $2.33
Dec 31, 2015 $2.33
Jan 7, 2016 $2.33
Jan 14, 2016 $2.33
Jan 21, 2016 $2.33
Jan 28, 2016 $2.33
Feb 4, 2016 $2.33
Feb 11, 2016 $2.33
Feb 18, 2016 $2.33
Feb 25, 2016 $2.33
Mar 3, 2016 $2.33
Mar 10, 2016 $2.33
Mar 17, 2016 $2.33
Mar 24, 2016 $2.33
Mar 31, 2016 $2.33
Apr 7, 2016 $2.33
Apr 14, 2016 $2.33
Apr 21, 2016 $2.33
Apr 28, 2016 $2.33
May 5, 2016 $2.33
May 12, 2016 $2.33
May 19, 2016 $2.33
May 26, 2016 $2.91

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