School support project for kids

Ashton Mlevu

Mtwapa, Kenya

23% repaid

Entrepreneur

Name

Ashton Mlevu

Member since

June 2013

On-time repayments

65 installments  •  12%

About Me

My name is Ashton Mlevu Maganga, I come from a humble background being fouth in our family. I currently i reside at Miami video in Mtwapa area.
My ambition is to make sure that i have achieved what have set to do. Am a director of the New Life Academy with avast experience of 7 years as a head teacher in St. Mathew’s junior School. I own a school in Mikajuni in Mtwapa town which is the fastest growing town in kilifi county. The main aim of starting this school is to eradicate illiteracy among the community and make all students learn and have “education the most powerful weapon which one can use to change the world” by Nelson Mandela. I focus fully in education to the young and old to have super future, as i also earn a living with my nuclear family of one son and my wife and not forgetting to advance in teaching to higher level possible.

My Business

I own an ECDE school and primary by the name “New Life Academy” services that i offer:- teaching, job opportunities, guiding and counselling and language teaching e.g French, Italian and Germany. My school is located in Mtwapa town in Kilifi county. Even though there is stiff competition i have clients who enable me get something at the end of the day.
My clients include the parents who bring their kids to learn in my school rather than taking them to the government school which has inadequate teacher and overflowing with learners making it unconducive environment for leaning to take place.
My school is up to Std. 5 i.e KG 1, 2, 3, STD 1-5. It is growing rapidly from 50 pupils 156 pupils in duration of two terms. Since i started it, this year of 2013 due to perfect services rendered to the entire community.
I focus on buying learning materials e.g. textbooks and offer learning equipments and apparatus e.g desks and teacher’s tables and chairs.
I spend 68,600 Kenya shillings on rent, teachers salaries and other miscellaneous
On average I make 81,000 kenya shillings and 12,400 shillings profit.

Loan Proposal

Dear Team, I own an E.C.D.E school and primary by the name “New Life Academy” services that i offer:- teaching, job opportunities, guiding and counseling and language teaching e.g French, Italian and Germany. My school is located in Mtwapa town in Kilifi county. Even though there is stiff competition i have clients who enable me get something at the end of the day.
My clients include the parents who bring their kids to learn in my school rather than taking them to the government school which has inadequate teacher and overflowing with learners making it unconducive environment for leaning to take place.
My school is up to Std. 5 i.e KG 1, 2, 3, STD 1-7. It is growing rapidly from 50 pupils 246 pupils in duration of 1 year. Since i started it, this year of 2013 due to perfect services rendered to the entire community.
I focus on buying learning materials e.g. textbooks and offer learning equipments and apparatus e.g desks and teacher’s tables and chairs. and more projects coming because the future starts today
This few items will ensure my students will get the best facilities available from the help of zidisha funds having learning equipments based with the level of education.
I real wish Zidisha team to help me out having this money to purchase this equipments will ensure my students will get the best education at their level.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.35

Date disbursed

Aug 28, 2014

Repayment status

Late

Projected term

11 months

Cost to entrepreneur

Lender interest: $98.35 at 4.14% annual rate over 11 months = $3.99

Service fee: $3.45

Other loans

Lenders

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icetwice

Melbourne, Australia

jan73

Eugene, Oregon, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

Justin

Connecticut, United States

EightRiversCapital

Stamford, Ct, United States

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