Textbook acquisitions

Korede Olafimihan

Kaduna, Nigeria

100% repaid

Entrepreneur

Name

Korede Olafimihan

Location

Kaduna, Nigeria

On-time repayments

44 weekly installments  •  61%

About Me

Hello My name is Korede
I schooled in Kaduna State. Im a graduate of Electrical/Computer Engineering. Ive had the opportunity to work as a Telecommunications Engineer but over time ive realised my true passion has been teaching kids and teens.
I have over the course of 10 years been involved in teaching S.T.E.M (Science Technology Education and Mathematics) education in schools all over Lagos. During this time my mother started a school and passed away due to Cancer.
Nigeria is a very versatile and unique environment where the level of optimism and hardwork sense is high regardless of the economical hardships. Due to the large population 180 million we have the largest market in Africa and its my realisation of this that made we want to go into business. I also love teaching and i want to leave an impact in this area especially in terms of coding and animation for young minds. I am married with a daughter who was one in December 2018
I love drawing, music and reading fiction/fantasy books

My Business

I run a nursery, primary, secondary and S.T.E.M/ICT school. . https://www.facebook.com/YouthStarInternationalSchool/ and www.klevafxtech.com
We offer quality education, and exposure to kids to fire their imagination and drive. We bring the world and the digital revolution to our classrooms. We raise leaders with a strong sense of integrity and moral compass. We teach excellence and other virtues.
I am an excellent teacher and i love imparting knowledge.
Current we have roughly 100 students. Due to much needed infrastructural work and materials needed our costs from rent to staff salaries to taxes and ministry of education fees etc we are running at a loss due to low population and lack of infrastructure. We use whatever profits gained (if any) ploughed back into the business

Loan Proposal

We intend to buy textbooks before the new school year. We've already contacted book vendors who will supply before resumption in September. Buying now will mean getting the books at a cheaper rate and in bulk before the school resumption rush. We make a 10-15% profit on all textbooks sold

Feedback

1

None

None

  • David    Aug 12, 2019

    Loan was originally scheduled to take two months and was paid on time. I am pleased to help with an important educational business. Keep up the great work.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$261.49

Date disbursed

Aug 14, 2019

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $11.10

Credit risk payment: $66.63

Lenders

P

ploeger

Perkasie, United States

P

PlutusNOR

Trondheim, Norway

D

DandS

United States

B

bscent

Hong Kong

SuperMario28

Cudahy, United States

Robert Long III

Bridgman, MI, United States

Wendy

Los Angeles, United States

Aran Dunlop

United States

GC

Gabriel Collins

United Kingdom

JH

Joseph Hwang

Houston, United States

AS

Ajay Sharma

United States

afaness

Germany

VZ

Victor Zuanazzi

Brazilia, Brazil

A

Alex

United States

ZS

Zach Silveira

Asheville, Nc, United States

EB

Emily Barnes

United States

BN

Brian Neilon

United States

JB

Jane Bean

United States

S

S

Canberra, Australia

D

dsf

United States

JH

Jane Hanford

United Kingdom

Sean Richards

Wilmette, United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

B

Bartl

United States

GA

Gabe Arnold

United States

Daveycee

The Hague, Netherlands

Sayuri

United Kingdom

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