Name
Monicah
Member since
January 2016
On-time repayments
163 installments • 5%
Am the fourth born in a family of five. My mum passed away while i was 13years old and from then my dad is our bread winner.
I am currently studying a diploma in ECDE primary option at Eldoret University. I am in my last year and my challenge is lack of schools. My dad being the only bread winner with other needs in the family means the income He gets is stretched so much that it does not meet the needs hence the need for me to look for supplementary income in form of tuition.
My business model is about taking a school fees loan and in return I repay the loan via the tuition income I get through personal tuition and institutional tuition where I teach individual or a group of children whose parents consider them weak.
This program helps the said children to caught up in their academics works especially those pupils who are week.
The aim of this loan is to pay my tuition fee. The income I get from the tuition venture I will use to repay the loan.
My loan proposal model is that any funds received will go towards my tuition fee. Tuition fee is the amount charged by institutions towards their service they offer to the students.
This tuition fee is weighing down on my studies as I have to be chased home now and then hence denying me an opportunity to have more concentration and hence better results.
I look forward to your support.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 3, 2016
Repayment status
On Time
Projected term
39 months
Ask Monicah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.