Purchase of desks and stationary

Entrepreneur

About Me

I am a married Kenyan with two children.My home county is Siaya,Siaya District,North Gem division,Maliera sub location, Am a teacher by profession. I started my primary education at Usingo primary school and did my KCPE in 1987 and attained 425 marks out of 700 marks i then joined Nyanganga secondary school and did my KCSE in the year 1992 and attained grade C+ (plus).I later ECDE college in the 2006 - 2007 and attained Certificate in ECDE. In 2009 - 2010 I did Diploma in ECDE from a government college. My hobby is interacting with needy children in the community to be able to assist them where i can

My Business

I currently run a small community school with a population of 300 pupils.I will use the loan to construct two more toilets. I will pay back the loan with school fees collected from the parents.Members of the community prefer our school because of the basic quality education that we offer to the children compared to our competitors.I chose this kind of business to enable me earn income and most importantly improve the life of future generation by providing quality and accessible education to members of the community. My business is profitable since we offer services in exchange for money.My business faces the risk of some parents failure to pay school fees due to financial challenges that they encounter. My typical monthly income is currently USD 1700 and my monthly expenses is USD 1000. My current monthly net profit also is 700 USD. I always use my profit to buy more learning materials at school and to pay my bills at home which include educating my two children who are currently in university.

Loan Proposal

I will use this loan to purchase some desks and some pencils to my pre-school baby's. this will really contribute to our school population growth because some parents decided to transfer to other places of learning because of their children not sitting comfortably in the class due to lack of enough desk.The pencils will be purchased and then sold to parents, this will enable me to get additional income from the profits made.the benefit of the project will be good learning environment that will result to better result hence population growth.I plead with lenders to come to my rescue because at the moment I cant do all this by myself.

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