To build a new classroom which is permanent

Peter

Kimende Bathi Village, Kenya

20% 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.
I hereby for apply a loan of$570 to build a class room.most of the class room in institution are built using iron sheets .so i want to build classes which are permanent , safe ,will last long and favorable in all weathers conditions.since i have laptops and other machine they need to be put in safe place to avoid theft.In additional the small children will be learning in that class to protect the from cold weather. The class will require $70 to be completed.The funds you will lend to me will be used to buy 30 bags o cement each costing $ 7,One lorry of ballast which goes for $ 170,Three lorries of sand which goes for $190.The remaining materials which is stone ,hard core ,doors, windows and paint will be bought by the parents and i will cater for the labour.we will be happy when we finish that project and i know we will .

Feedback

7

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$567.00

Date disbursed

Dec 3, 2016

Repayment status

Late

Projected term

60 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Peter    Nov 26, 2019

    High cost of LIVING and few customers

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  • Peter    Feb 17, 2019

    the business sale is low

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  • Peter    Oct 31, 2018

    change my instalments due to difficulty in income

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  • Peter    Oct 28, 2018

    dear lenders. I am working to pay the loan.my business was affectedbut from next week I will resume paying my installments thanks for your patient.

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  • Robert    Sep 30, 2017

    I did some followup as to my previous calls, Peter had earlier promised to clear the loan but still he has not, the promise was the same, that he is working to complete the loan

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  • Robert    Jul 1, 2017

    This borrower, has responded that his business was adversely affected and not recovered fully

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  • Robert    May 24, 2017

    Peter has responded that his business was adversely affected recently, I adviced him to reschedule his loan and start making payment which he promised to take

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  • Peter    Jan 30, 2017

    There is drought which has affected the farm and some parents are not able to pay school fees. so my income is limited in this season.

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  • Peter    Jan 10, 2017

    I want to reduce my installment due to increase in school fees, the cost of books have gone high and in addition the cost of living is so high.

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  • Peter    Dec 16, 2016

    hello .i would like to reduce the amount of the installments.This is due to high cost of materials and labor which i am paying.

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  • Peter    Dec 1, 2016

    Dear paul buchheit, thank you for funding my loan so swiftly am really indebted for your funds .I will use the funds to buy construction materials eg cement,sand ,ballast etc. be blessed.

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  • Peter    Dec 1, 2016

    Dear lenders,its such a privilege to thank you for the funds. I used the funds to buy laptops which has helped the institution in terms of printing.storing data well without it getting lost and also it has helped pupils in term of research .Before a lotof the information go lost but now its is saved this has helped us to save time money and energy.I would like to appreciate you.

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  • Peter    Nov 24, 2016

    Dear lenders ,receive my warm regards .I would like to increase my installment to 10,000. this is due to increase in harvest in my farm.I was able to harvest wheat and sold it so i want to repay my loan swiftly .thanks a lot i really value you.

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  • Peter    Nov 17, 2016

    i request i make little amount of installment due to the burden i have for the school fees and other expenses for a short period of less than two weeks thanks.

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  • Peter    Jul 16, 2016

    Dear lenders ,i just want to change my installment to 200 due to the burden i have of finances. my sister passed away and she left two children. I am the one who is taking care of them.so i have to dig deep in my pocket so kindly bear with me for the time being .thanks.

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  • Peter    Jun 2, 2016

    Dear lender,let me proudly say i am happy to be associated with you.you are really great people .let me also state that you have changed my destiny since i joined zidisha like two years ago i had taken several projects which you have funded.You have significantly changed my life.The latest project i under took was for buying computers rs of which i did.They have helped me in terms of data storage ,learning research ,typing and in other areas .mine is just to say thank you and your workis not in vain i am impressed by you.

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  • Peter    Jan 16, 2016

    i just want to adjust my installments.I want to pay bills, house lent ,school fees ,school ground and farm Lents.

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  • Peter    Dec 17, 2015

    Due to lose that i have incurred and the heavy rain is still on ,flooding every thing. The other source of my income is the school and were are on holiday, i would like to reduce my installment further until the situation resume to normal.I am very sorry for the inconveniences.

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  • Peter    Nov 30, 2015

    i would like to reduce my installment to 1500 /$15.Most of my income comes from my farm which is in Narok county and heavy rainfall had been pounding in that area.The rainfall has swept my crops .Now i have to wait for the rain to cease and i plant again .its a great loss.Please bear with me.

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  • Peter    Oct 20, 2015

    Dear lenders,its my pleasure to thank you for funding my loan of$559.I acknowledge you as wonderful people.I will spent the fund by buying two computers to be used at school.

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