Purchase of textbook and desks

Emmah

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Emmah

Member since

May 2014

On-time repayments

185 installments  •  72%

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 the loan to buy textbooks for English and Mathematics for classes one, two, three and four. I will also add one desk per class from class one to class four. This is because after taking the first loan, the number of children increased beyond our current textbook child ratio from one to two to one four.When all these is achieved we anticipate to admit more pupils come next term leading to more income per month.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$292.00

Date disbursed

Oct 29, 2014

Repayment status

On Time

Projected term

8 months

Lenders

R

Raabo

Rungsted, Denmark

jan73

Eugene, United States

Richard Griebe

La Jolla, United States

Louella

Australia

Michelle

Sydney, Australia

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