Construction of a school library
Peter
Kimende Bathi Village, Kenya
100% repaid
Entrepreneur
Name
Peter
Member since
September 2014
On-time repayments
274 installments • 45%
About Me
Peter Karanja was raised in Kimende. I am a graduate with a bachelor’s degree in Education from Kenyatta University. Having worked in various schools as a private tutor, I decided to establish a learning center in Magina Township to help the unprivileged students get an affordable education. I resolved to help pupils after someone paid for my academic. I decided to start Magina Preparatory School. This is a KCPE center that enrolls kids from class one to class 8. We have been in operation since 2011 up to date . We earn through the fees paid by students and run the school on donations from well wishers as well as the fees paid.The well wishers contacts me through my e mail ([email protected]).The area i live is a highland with a lot of rain so it's a productive area of green vegetables.
My Business
Magina Preparatory School which I am the proprietor is our main source of income. However I don’t view the school as an enterprise but as a place where unprivileged kids can have affordable education. The fees paid are used to pay 8 of our teachers and the remainders goes to buying pens, chalks and other amenities. We have been lucky to get the support of well wishers now and then to keep as going. However, I am also a large scale farmer, mainly dealing with wheat farming on rented land in Narok.Narok is a productive area of wheat. I intended to use my personal income to pay the loan as the funds from zidisha go into the buying two computer for school . On average I make $ 400 to $500 from farming on a monthly basis and thus will pay the loan comfortably.
Loan Proposal
Dear lenders, If you fund my loan i will use the fund to construct a school library.i will buy the following items:ten iron sheets which will cost 125$,twenty bags of cement which will go for 200$,two iron doors which will go for 150 $. Lenders your a mount will not be enough to buy all materials, the parents had already bought sands,stones and timbers.The cost of labour and any other miscellaneous cost will be catered by the profit we got from my school.When the library will be completed, it will be used to keep school books.The new ones will be used in class and the old books will be used for references. This will ensure that books are well kept , no loss of books and the past papers, together with any other learning materials.Secondly the library will be used as a place for searching for references and a place of silent study for pupils and teachers.when books are well kept and respected ,it will cut the cost of buying new ones now and then.Good records of books will be kept and the books also accounted for.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$402.00
Date disbursed
May 4, 2015
Repayment status
On Time
Projected term
5 months
Lenders
Brooklyn, United States
United States
Germany
United States
United States
United States
Brazil
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