School fee

Sarafina

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Sarafina

Member since

July 2015

On-time repayments

115 installments  •  61%

About Me

I am the second-born in my family of five, depending on a single mother. We live in a small town at Kamirithu, located in Limuru. Currently, I'm the only one who has made it to high school and currently in my final year. However, I'm not in school at the moment, and yet I still want to finish and sit for my final exams. Basically, all other family members are looking up to me to complete and sort them out of this mess. They've tried the much they can be able, and with the remaining amount, I'll gladly be able to complete.

My Business

The only business am partaking right now is sale of clothes, which is actually my mother's only business. What I depend on mostly is my part time job at the school canteen, both during the morning and evening hours. I make quite some adequate amount, sufficient for both my pocket money as well as my siblings' needs. However, I'm currently not earning enough since I am not at school right now, despite the sought from bursaries and friends.
I plan on using this money to complete the school fees, go back to school and complete my final term, while still working at the canteen for the last time.

Loan Proposal

Granted this loan, I will make use of it to pay school fees and mock exam fees.
My fee balance is currently standing at 3,750 Kenyan Shillings,, which is equivalent to 41.66 US Dollars at the current exchange rate of 90 Kenyan Shillings per dollar.
The mock exam fee is 3,500 Kenya shillings, which is equivalent to 21 US Dollars.
This money will help me avoid missing out on the mock exams, as well as the final ones. Once I'm back to school, I'll use my earnings from my side hustle at the canteen to make regular payments. I'll then complete fully once I'm back at home from my clothes' selling job.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 20, 2015

Repayment status

On Time

Projected term

7 months

Lenders

K

K

United States

J

JMK

United States

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