Lend me $150 (ksh. 12739) for college chairs

Entrepreneur

About Me

I am the administrator in a college. I noted with concern that many students in my country do not complete their secondary education. This is why I started a KCSE private candidates center also offering computer studies. In our center, we give our students a chance to complete their high school education and therefore proceed with college or university education. Besides these, I am happy I have created employment because I have three full time tutors and one secretary. I am therefore contributing towards steering our country's development. The business is doing well but can do better if I got financing to add more computers and more furniture.

My Business

We are an educational centre specifically providing Tuition in Sciences, Languages and Computer Studies. The current number of students is 20 and we expect the numbers to increase. Our students are the major source of income that offsets our monthly expenditure of about Ksh. 80000. Any time collections cannot meet these costs, I go to my personal sources to clear the balances. Currently, I am seeking a loan to increase furniture and add more computers so that I can accommodate more students and improve service delivery. There is increased need for the services we offer at our learning center and we are glad we are contributing to providing knowledge. Our students like the personal attention they get, the conducive learning environment and the career guidance we offer.

Loan Proposal

Dear Lender,
I am requesting a loan of $150 (Ksh. 12739) to help me purchase extra chairs for my college. I run a Computer and Adult Education College in Thika Town in Kenya. Currently, the numbers are increasingly and I am seeking for someone to help me add more assets into the business.
The business is not a start up one because it is already in operation, only a financial boost is required to help us deliver more quality services. This will ultimately lead to more enrollment.

I have committed to paying back $25 (Ksh. 2000) a week. I intend to establish a good credit relationship so as to qualify for more funding in future.

I look forward to your loan.
Thank you in advance.

Yours Faithfully,
Matoke Kenani Hesbon

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