Name
Kennedy
Member since
January 2015
On-time repayments
135 installments • 39%
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.
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.
I need a loan of Ksh 4,457 to enable me purchase 4 desks for use in the classroom. After successful repayment, I will need more loans to buy playing and games equipment at school.
EDTEC Academy/Hope School is in a very strategic business location. With fully furnished classrooms, the school will be able to get more students capable of paying school fee and hence making a good profit for my family and to help me in meeting educational needs of the local community.
Positive
13
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 13, 2015
Repayment status
On Time
Projected term
6 weeks
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