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.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$849.00
Date disbursed
Jan 9, 2012
Repayment status
On Time
Projected term
13 months
Other loans
Lenders
Southampton, United Kingdom
Hickory, United States
Luxembourg, Luxembourg
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