School expansion to accommodate more pupils
Naomi
Karama, Meru County, Kenya
100% repaid
Entrepreneur
Name
Naomi
Member since
February 2015
On-time repayments
105 installments • 23%
About Me
I am 32 years of age born and brought up in Antuanduru Location, Tigania District, Meru County in the Eastern Kenya. I went to Antuanduru Primary School, Maua Secondary school then proceeded to Thogoto Teachers College in Kikuyu, Nairobi where I graduated with a P1 teaching Certificate.
I started teaching practice in 2007 in various schools but the conditions were not very favorable for my personal growth. 3 years ago, I partnered with Mr. Charles Mwongo (the chairman of Shiners Academy) and Renson Nyaga (School Manager) to start a kindergarten school. The turnout has been very good and particularly this year, we do not have enough space to host the pupils. The success of the business is a great inspiration for me and I look forward to be the best education service provider in the region. I am a resilient person who believes in handwork, prayers and commitment in anything I do.
During my free time, I like reading in the library, having fun with my family or attending church fellowships.
My Business
The Academy started in 2012 with 40 kids but we’ve grown to over 150 pupils as at Jan 2015. Mainly we offer normal day teaching classes to kids from the neighborhood and also offer remedial practice in the evening for needy pupils. We charge school fees of $30 per term, getting a gross of around $4500 in one term. After deductions the school makes around $1800 profit in one term (3 months). The school has 7 teachers plus the two directors (Renson and Charles).
This year, we got approval from the government to register the school because the performance for the kids is very good.
Loan Proposal
Dear Lenders,
I am in need of funds to expand the school by building a new classroom and more desks to accommodate more pupils into my school. Dozens of parents want to bring their kids to the school but I don’t have enough space to accommodate them. If I am able to get more space, the returns from the business will double within a few months.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 17, 2015
Repayment status
On Time
Projected term
24 months
Other loans
Lenders
United States
Summary
Amount repaid
$124.96
Amount remaining
$0.00
Date repaid
Oct 28, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 1, 2015 | $8.60 | Mar 2, 2015 | $8.60 |
| Mar 8, 2015 | $1.11 | Mar 12, 2015 | $1.11 |
| Mar 15, 2015 | $1.11 | Mar 16, 2015 | $1.11 |
| Mar 22, 2015 | $1.11 | Mar 28, 2015 | $1.11 |
| Mar 29, 2015 | $1.11 | Apr 3, 2015 | $1.11 |
| Apr 5, 2015 | $1.11 | Apr 11, 2015 | $1.11 |
| Apr 12, 2015 | $1.11 | Apr 23, 2015 | $1.11 |
| Apr 19, 2015 | $1.11 | Apr 23, 2015 | $1.11 |
| Apr 26, 2015 | $1.11 | Apr 28, 2015 | $1.11 |
| May 3, 2015 | $1.11 | May 27, 2015 | $1.11 |
| May 10, 2015 | $1.11 | May 27, 2015 | $1.11 |
| May 17, 2015 | $1.11 | May 27, 2015 | $1.11 |
| May 24, 2015 | $1.11 | May 27, 2015 | $1.11 |
| May 31, 2015 | $1.11 | Jun 16, 2015 | $1.11 |
| Jun 7, 2015 | $1.11 | Jun 16, 2015 | $1.11 |
| Jun 14, 2015 | $1.11 | Jun 16, 2015 | $1.11 |
| Jun 21, 2015 | $1.11 | Jul 6, 2015 | $1.11 |
| Jun 28, 2015 | $1.11 | Jul 6, 2015 | $1.11 |
| Jul 5, 2015 | $1.11 | Jul 6, 2015 | $1.11 |
| Jul 12, 2015 | $1.11 | Jul 6, 2015 | $1.11 |
| Jul 19, 2015 | $1.11 | Jul 24, 2015 | $1.11 |
| Jul 26, 2015 | $1.11 | Jul 24, 2015 | $1.11 |
| Aug 2, 2015 | $1.11 | Sep 3, 2015 | $1.11 |
| Aug 9, 2015 | $1.11 | Sep 3, 2015 | $1.11 |
| Aug 16, 2015 | $1.11 | Sep 3, 2015 | $1.11 |
| Aug 23, 2015 | $1.11 | Sep 3, 2015 | $0.56 |
| Oct 18, 2015 | $0.56 | ||
| Aug 30, 2015 | $1.11 | Oct 18, 2015 | $1.11 |
| Sep 6, 2015 | $1.11 | Oct 18, 2015 | $1.11 |
| Sep 13, 2015 | $1.11 | Oct 18, 2015 | $1.11 |
| Sep 20, 2015 | $1.11 | Oct 18, 2015 | $1.11 |
| Sep 27, 2015 | $1.11 | Oct 18, 2015 | $1.11 |
| Oct 4, 2015 | $1.11 | Oct 18, 2015 | $1.11 |
| Oct 11, 2015 | $1.11 | Oct 18, 2015 | $1.11 |
| Oct 18, 2015 | $1.11 | Oct 21, 2015 | $1.11 |
| Oct 25, 2015 | $1.11 | Oct 21, 2015 | $1.11 |
| Nov 1, 2015 | $1.11 | Oct 21, 2015 | $1.11 |
| Nov 8, 2015 | $1.11 | Jan 8, 2016 | $1.11 |
| Nov 15, 2015 | $1.11 | Jan 8, 2016 | $1.11 |
| Nov 22, 2015 | $1.11 | Jan 8, 2016 | $1.11 |
| Nov 29, 2015 | $1.11 | Jan 8, 2016 | $1.11 |
| Dec 6, 2015 | $1.11 | Jan 8, 2016 | $1.11 |
| Dec 13, 2015 | $1.11 | Jan 8, 2016 | $1.11 |
| Dec 20, 2015 | $1.11 | Jan 8, 2016 | $1.11 |
| Dec 27, 2015 | $1.11 | Jan 8, 2016 | $1.11 |
| Jan 3, 2016 | $1.11 | Jan 8, 2016 | $1.11 |
| Jan 10, 2016 | $1.11 | May 14, 2016 | $1.11 |
| Jan 17, 2016 | $1.11 | May 14, 2016 | $1.11 |
| Jan 24, 2016 | $1.11 | May 14, 2016 | $1.11 |
| Jan 31, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Feb 7, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Feb 14, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Feb 21, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Feb 28, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Mar 6, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Mar 13, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Mar 20, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Mar 27, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Apr 3, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Apr 10, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Apr 17, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Apr 24, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| May 1, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| May 8, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| May 15, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| May 22, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| May 29, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jun 5, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jun 12, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jun 19, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jun 26, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jul 3, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jul 10, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jul 17, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jul 24, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jul 31, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Aug 7, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Aug 14, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Aug 21, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Aug 28, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Sep 4, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Sep 11, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Sep 18, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Sep 25, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Oct 2, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Oct 9, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Oct 16, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Oct 23, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Oct 30, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Nov 6, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Nov 13, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Nov 20, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Nov 27, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Dec 4, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Dec 11, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Dec 18, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Dec 25, 2016 | $1.11 | Oct 28, 2018 | $1.11 |
| Jan 1, 2017 | $1.11 | Oct 28, 2018 | $1.11 |
| Jan 8, 2017 | $1.11 | Oct 28, 2018 | $1.11 |
| Jan 15, 2017 | $1.11 | Oct 28, 2018 | $1.11 |
| Jan 22, 2017 | $1.11 | Oct 28, 2018 | $1.11 |
| Jan 29, 2017 | $1.11 | Oct 28, 2018 | $1.11 |
| Feb 5, 2017 | $1.11 | Oct 28, 2018 | $1.11 |
| Feb 12, 2017 | $1.11 | Oct 28, 2018 | $1.11 |
| Feb 19, 2017 | $1.11 | Oct 28, 2018 | $1.11 |
| Feb 26, 2017 | $1.91 | Oct 28, 2018 | $1.91 |
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