Tuition for university degree in education

Jones Benecha

Nairobi, Kenya

10% repaid

Entrepreneur

Name

Jones Benecha

Location

Nairobi, Kenya

On-time repayments

159 weekly installments  •  6%

About Me

I was brought up in Nyamira District now known as Nyamira County.At a place called Mokomoni.I went to Emboye primary School .It was very difficult for our father to raise school fees for all of us sixteen(16)children,eleven(11)brothers and five(5)sisters, since we were many and in a polygamous family.My other brothers and sisters didn't finish school due to lack of school fees.We used to go without food for days .I remember our Mum serving us boiled beans with their soup which were not well cooked with only salt and that was all for supper and lunch we used to have a piece of (mahindi choma) roast maize .For me i decided that i must struggle all my way up and i finish my education to Doctorate level.But raising school fees for my high school was through friends and well wishers and university is a problem since i am in parallel but i got a job in the Old mutual life Assurance Ltd.If i manage to get a loan from you i will be able to finish my college at Kenyatta University being my final year in college.Currently i am the Founder member and elected chairman of Eyes Youth Volunteering Association.We do support youths to be self reliant and care for the less fortunate through provision of cloths,food and help in community Development..I stay currently at Githurai 45 ,near Mwiki primary house no 48 ,in Ruiru sub-county and in Kiambu County. I have stayed here for 6years.My permanent Residence is in Nyamira County,Borabu sub-county,Kiabonyoru Ward and in Nyankongo Village(home).

My Business

I got a job in the Old mutual life Assurance Ltd in the month of January 2015.And i will be paying my loan through the salary i get from Old mutual twice in a month That is on 15 and 24 of every month and freelancer online writing.I will ensure that i increase my selling rate to many clients to boost my salary scale and make sure that any freelancer job given is done on time in order to be paid promptly which their salary is paid twice in a month like Old mutual Kenya does.I will make ensure that consistency deposit of repayment loan amount is on due date.Thank you.

Loan Proposal

I will use the Loan amount in paying my tuition for university degree in Education Bachelor of Education (Arts) at Kenyatta University.The Total fees for my semester is US$643.5644/= or K sh.65,000/=,this being my final year of study at Kenyatta University.So far i have raised US$217.8218 /= or K sh.22,000/= so far and the remaining amount is US $ 425.7426/=. So if you give me the loan amount it will help me so much to hit the target college fees since the remaining amount i am raising through funds drive on 15/10/2015.Hence the loan i will be repaying it through my salary at old mutual and as a writer at freelance.

Feedback

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1

  • Ben Bellows    Aug 31, 2016

    The proposed loan was to support a worthwhile cause. It is unfortunate that repayment has been significantly delayed.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$149.28

Date disbursed

Sep 29, 2015

Repayment status

Late

Projected term

37 months

Cost to entrepreneur

Service fee: 5% of $149.28 = $7.46

Upon joining Zidisha, Jones paid a lifetime membership fee of $8.86.

Jones opted to pay $62.02 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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