Loan to buy 3000ltr water tank & books for nursery school

Kennedy

Mbita, Kenya, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Kennedy

Member since

January 2015

On-time repayments

135 installments • 39%

About Me

I am 37 years old, male Kenyan citizen. I am a Social Entrepreneur with strong social and economic ties to the local community of Mbita, Kenya through my engagement in basic education, poverty reduction and health-related initiatives.

I went through my early education in hardship conditions as my parents were very poor and my mother was doing menial jobs to raise funds to support the family. However, with determination and focus, I succeeded. I am a holder of Diploma in Information Technology, Associate Degree of Arts in Christian Studies, Associate Degree of Arts in Theology, Bachelor of Arts Degree in Theology and am pursuing a Masters Degree in Public Administration.

In my free time, I do actively participate in community service, counsel and advise youths and widows on entrepreneurship ventures that could enable them get income to support their families.

Mbita is a rural area, and the region is wet and dry throughout the year with main economic activity being fishing and tertiary trades. Most of the children do not go to school and would prefer fishing and when they reach their teen-hood, they engage in sex for pay activities in the overpopulated fish-landing beaches in the shores of Lake Victoria.

My Business

I am currently engaged in provision of quality early childhood education and learning activities in Mbita community. The school is built on social enterprise model with the 50% of the net profit realized used to pay the school 30 total orphans and destitute children enrolled at Hope School.

The school business is growing but I lack financial ability to equip the school with basic teaching resources to enhance learning, I am therefore looking for an investor/lender to loan me a total of KES 246,000 to install solar-powered pump for clean, drinkable water for use at school, purchase out-door games equipment, classroom charts and instructional books. This money will be repayable on a weekly basis.

Loan Proposal

I am seeking a loan of KES 120,320 to buy water tank that will be used to store harvested rainwater for drinking & use at school in order to improve hygiene, classroom chairs, charts and instructional books for the early years of school (ECDE). This money will be repayable on a monthly basis.

This being my 3rd ZIDISHA loan, I will use it to buy the following items;
- 3000 Ltr PVC Water Tank @30,000,
-100 Metallic Chairs@ 50,000,
-300 Instructional Books@30,000
-10 Thematic Wall Charts@5,320
-2 PVC Gutters, 16ft@ 2500x2 = 5,000

These items will be used to facilitate learning activities at the school. Thanks alot for your trust and partnership with us, through your loan, we are providing quality early childhood education to 320 children in rural Mbita community, Kenya..