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Gerald

Kiptangwanyi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Gerald

Member since

December 2011

On-time repayments

40 installments • 60%

About Me

I am married with 5 children, 2 of them are in secondary school. I live in Kiptangwanyi shopping centre which is about 42 km from Nakuru town.I live in my own shamba which is about 1km from kiptanggwanyi shopping centre. This is where I have my own school in plot number 475.

My Business

My business entails a primary school and a secondary school. The schools are called Kahunja Primary school and Kahunja secondary school. I started the schools as a nursery school which grew to a primary school single handedly. The school has expanded throughout the years and has grown to one of the most known schools here in this area of Kiptangwanyi. There is high demand of education in this region and therefore this has resulted in most parents enrolling their children in my school. The main challenges that my business face is stiff competition from public and other private schools, high inflation costs, increased costs of building and construction materials.

Loan Proposal

I will my loan to buy timber, ironsheets and nails for roofing two classes. I would also use the money to pay for the labour of roofing these two classes.