Rearing animals for wealth creation

Ngare

Nairobi, Nairobi 00200, Kenya

100% repaid

Entrepreneur

Name

Ngare

Member since

September 2015

On-time repayments

250 installments  •  45%

About Me

The quality of a child’s education directly contributes to a country’s economic growth through the enhancement of an individual’s skills and earnings potential. Additionally, increased quality primary school education provides skills in literacy and numeracy resulting in a direct impact on poverty and hunger. “Education is a human right with immense power to transform. On its foundation rest the cornerstones of freedom, democracy and sustainable human development.” Kofi Annan. The role of the physical environment can be so important in school settings; that it is sometimes referred to as the third teacher (after parents and teachers). Several Researches has shown that not only do children learn better in the correct settings, but teachers also perform and are motivated more too.

My Business

The school hosts over 300 girls and boys ranging between ages of 4-16 years in varying classes from ECDE to grade1-8 and form 1&2 respectively. Moreover, our education program is envisaged to stimulates these cultural changes so that pupils and other vulnerable children from poor slums will be encouraged to go to school and be supported to access some of the basic needs they require in ife i.e. consistently free daily meals to all students learning to strive in securing and providing free uniforms to children whose family cannot afford them; Unfortunately, the structure that should receive the Laboratory and part of form 3, 4 and computer room has not been built; the first 2 classes has been built and hosting 37 students though floors, windows and doors are incomplete and the school has no apparatus equipment’s to support the laboratory sessions with the students.

Loan Proposal

The loaning being required from Zidisha will help in facilitating in upgrading of the animals cage and brooder house at a cost of $500 and upscaling of the current numbers of animals from 5 and purchasing 200 animals at a cost of $10 and hope after a certain period of time I will sale them at cost of $50 Making a clean profit of $8000 in the wider markets. The profits I envisaged will grow from $10 to $40 will enables me to cater for expanding my business and providing for my daughter's education and sponsors some needy orphans in HOYWIK
School in Kibera Slums respectively.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jan 12, 2016

Repayment status

On Time

Projected term

4 months

Lenders

BelleStarr

Albuquerque, United States

B

bugdaniel

Switzerland

Haim Si

Mexico, Mexico

SL

Samuel Le

Seattle, WA, United States

W

Wade

United States

PG

Paul Graham

United States

G

GS2

Germany

jo

Los Angeles, United States

AK

Achim Königs

Bonn, Germany

BS

Brandon S

United States

E

El

United States

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  • Ngare    Sep 17, 2023

    Greetings my supporters, Indeed it has taken a while since COVID 19 and immediately the pandemic our school got burned down and it forced us to shut down and see how we can start rebuilding...so going forward, I will have to do some adjustments on the loan...if that would be possible from your side. Otherwise I thank you for your deed understanding.

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  • Elisha    Jan 31, 2021

    he is sick and not in position to repay.

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  • Mohamed    Dec 22, 2020

    Ngare said his financial status has not improved but he's doing his best to repay his loan

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  • Ngare    Nov 18, 2020

    Am unwell, wont be able to facilitate the payments at the moment.

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  • Timothy    Nov 12, 2020

    Ngare promised to make adjustment to suit his current earnings.

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  • Ngare    Sep 7, 2020

    #education

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  • Ngare    Sep 7, 2020

    learning on!

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  • Ngare    Sep 7, 2020

    We will be working on the loan resubmission, though still very down financially.

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  • Pauline    Jul 7, 2016

    Hi lenders,
    Zachary has not been able to make his installment on time to to the death and burial of his father in law. He had posted a comment informing his lenders on his situation. I have directed him on how to adjust his installment amount and he has promised to do so. Thank you.

    Pauline Moraa

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  • Pauline    Jul 7, 2016

    Hi lenders,
    Zachary is late in repaying his loan due to his father in law's burial which took place recently. He had posted a comment to inform his lenders on his situation. I was able to contact him give him instructions on how to adjust his installment amount and also explain to him.why he should do it. Thank you.

    Pauline Moraa

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  • Pauline    Jul 7, 2016

    Hi lenders,
    Zachary is late in his loan repayment due to his father in law's burial. He had posted a comment earlier to inform you on his situation. I was able contact him and advice him on how to.adjust the installment amount and why. He has promised to do so. Thank you.

    Pauline Moraa

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