Mwanaidi Athman

Msumarini, Kenya

75% repaid

Entrepreneur

Name

Mwanaidi Athman

Member since

February 2013

On-time repayments

11 installments  •  9%

About Me

My name is Mwanaidi Ali Athman am a resident of Msumarini, in Kikambala division. Am a teacher by profession and i have my own school Am a married woman blessed with three children, my first child is a girl and she is twenty years old and she is married, the second is a boy and he is in secondary school and the last is a boy and he is in class seven. I live in Msumarini with my family here in msumarini. I started the school business as its all i can do best.With this business i get enough income to help me in my family's upkeep. With the income i get from this business i buy food for my family, pay school fees and other family expenses.

My Business

My business is a school, I thought of this business and saw the need of search services in this area. Because we have a problem with schools ,as the only school nearby is a government school and its more than five kilometers from here. And this is why i came up with this idea. This business is profitable, but its got risks too, like being the only school around we now have more students, and some of them being so young we have to take them home, and sometimes they just go alone risking their lives. In a month i get an income of ksh 20,000 after all expenses. With this income i use ksh 5,000 for my family food and ksh 5,000 paying school fees. so i save ksh 10,000 per month.

Loan Proposal

Hello ,zidisha, am so grateful for making my loan application a success. In my my school i have shortage of desks for my students, and with this loan i will buy new desks of worth ksh 25,000 and ksh 15,000 will be used to buy stationary. With this addition i will be able to give my students a better education. And this will help them do better in their studies.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.90

Date disbursed

Feb 21, 2013

Repayment status

Late

Projected term

12 months

Cost to entrepreneur

Lender interest: $500.90 at 2.18% annual rate over 12 months = $11.16

Service fee: $18.29

Lenders

HE

help each other

Glasgow, United Kingdom

russell

leicester, United Kingdom

Alina

Amsterdam, Netherlands

ayw2107

New York, United States

C

Casaderanas

Adelaide, Australia

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