Generator buying and classroom expansion

Pherister Ndoge

Pipeline, Kenya

78% repaid

Entrepreneur

Name

Pherister Ndoge

Member since

February 2013

On-time repayments

295 installments  •  58%

About Me

Am a mother of two living in Pipeline, Embakasi which is located 5km from the Nairobi, Capital City of Kenya, two km form the Jomo Kenyatta International Airport.Bringing up children is one thing which I find joy in doing hence I have always engaged with young kids and children.Being at the town, many women are employed hence they need for somebody to look after their children. Due to hard economic condition, most prefer day care services instead of employing somebody full time.
This prompted me to start a day care services for young kids below school going age and within no time they came in large numbers forcing me to expand the small room I was occupying.
This brought about hiring two ladies to assist the overwhelming number of kids which kept on growing day by day.

My Business

Day care services led to introduction for an Academy after I trained in Early Childhood Education. Currently am running a private school which is now one year old and the demand for the service is never unending. Day care services are still running which makes my work complete even during weekends when the school kids are at home.
I charge competitive charges compared to other schools nearby bearing in mind that we are located next to the famous Mukuru slums where the living standard is very low therefore high charges in school fees leave many locked out in getting the basic education.
I will buy iron sheets and other building materials and construct the classrooms immediately ready for the new admissions.

Loan Proposal

The loan will assist me in buying the school generator because the problems when the elecricity power goes off,the children will not be affected while in class.The rest will enable me to build one or two ,but as per now they are in a permanent building and the intake is quite tremendous since we occupied the building.We have a plan of buying more stationeries and uniform in time,so that through this we can generate the income instead of parents wasting time to search for them elsewhere,they can get them in school,at an affordable price.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,091.71

Date disbursed

Nov 5, 2017

Repayment status

Late

Projected term

27 months

Cost to entrepreneur

Service fee: $48.45

Lenders

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

PA

Peter A

New York City, United States

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