Catherine

Naivasha, Kenya

100% repaid

Entrepreneur

Name

Catherine

Member since

November 2013

On-time repayments

130 installments  •  38%

About Me

my name is Catherine wandaka aged 40 years . Am married with three children namely Sharon Joan and Ignatius.My parents are Mr and Mrs Wilson wandaka.They hail from Nyeri county in Kenya.I was schooling. in Kahiraini primary school from 9183 to1990.I joined Warazo jet secondary school from i991 to 1994.In1995 i joined st Marys teachers training college in Bura Taita.I have taught various school from 1999 to 2011.In 2012 1 decided to start my own school.the school is called Sharon secondary school named after my daughter.I started the school with capital of ksh4000 which i had saved.I used the money to rent a room where the first student were learning.I started the school in order to to help students from poor families unable to pay the high fees in government schools.I do purchase text books,desks and chairs and stationary for the students.Am hoping the school will grow in future to a big institution.

My Business

My business name is Sharon secondary school.It is in naivasha town.I started it in January 2012.I got my students through advertising (By putting posters on posts)It has 25 students.My income comes school fees that the parents pay for their students.The school is doing well despite the challenges that i do face.Some parents straggle to pay school fees for their children but others pay well.I wont loose hope since since there are big and well established businesses which encounter the same challenges.Am hoping for positive response from you.

Loan Proposal

I will use the loan to buy furniture for the staffroom of the members of staff.am currently building the staffroom.I was hoping the loan would be substantial and would have enabled me to purchase iron sheets for the construction.However, i appreciate the amount and it will still go some way in that undertaking.I will pay the loan fast so that i can qualify for high amounts.I will appreciate your offer although the type of business am doing require high capital.so next time i hope you will consider financing me with higher amount

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Dec 29, 2013

Repayment status

On Time

Projected term

10 months

Lenders

B

bileiro

Mandaluyong, Philippines

Sirko

Brandenburg An Der Havel, Germany

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