Tuition for university degree in finance last year

Monicah

Nairobi, Kenya

39% repaid

Entrepreneur

Name

Monicah

Member since

March 2016

On-time repayments

198 installments  •  42%

About Me

I was born and raised in a village in Kiambu county in Kenya. I am 24 years old old and am from a family of six: four brothers and two sisters. I am the last born of the family. Just like many people in Kiambu, my parents are farmers and that is their source of income. I cleared my high school in 2009 and joined a college in 2011. I studied for two years and acquired a Diploma in Business Administration. I always wanted to have a degree but my parents didn't have the money to pay for university. After college, I got myself a job as a supervisor in target network in Ongata Rongai. My responsibility was overseeing the business operation. I moved to Ongata Rongai Nairobi plot No 160 Riverside where I currently live. After working for a year, I lost my job. I tried to get a job elsewhere but getting a job in Kenya is very difficult and that is what motivated me to start my own business. I used all my savings as capital and knew I had to do everything possible to make the business work because it was my only source of income.

My Business

My business deals with school uniforms. It's located in Langata, Nairobi. I started the business over a year ago. At first, the business was very challenging because my competitor was a well known shop and I was just upcoming, but with patience and hard work it finally got stable. My client is Briar Rose Academy. I work with the school administration. All parents joining the school buy a uniform from me because I can get a uniform according to parents needs. It's convenient for the parents since I am within the school. I have a shop where I pay rent of 30000KES per month. As for the uniform, I buy materials and take it to a tailor where she makes trousers, shirts and dresses. Others such as sweaters, socks and trucksuits, I outsource in Nairobi. In a good month, I can make up to 90000KES, but in a bad month things can be difficult. The profits I get I use to replenish the stock, cover expenses and save the remaining amount.

Loan Proposal

Greetings lenders
I am so grateful for the far i have come since i joined Zidisha , am joining my last in university pursuing finance. The amount i need for my last year in USD 887.53,USD 200 is to pay for the final exam ,100 will be used for attachment fees USD 50 will be used for graduation charges,USD 537.53 will used to pay school fees. Finishing my university education will be my dream come true i will be emporwered which in return I can empower others and help the community where i can. Thank you in advance and God bless.

Show original English  

About Me

I was born and raised in a village Kiambu county in Kenya am 24 years old old ,am from a family of six four brothers and two sisters and am the last born of the family.Just like many people in Kiambu my parents are farmers and that is their source of income.I cleared my high school in 2009 and joined a college in 2011 studied for two years and acquired a Diploma in Business Administration ,and now am pursuing degree in Business Administration Finance Option. After college i got myself a job as a supervisor in target network in Ongata Rongai a my responsibility was overseeing the business operation i moved to Ongata Rongai Nairobi plot No 160 Riverside where i currently live.After working for an year i lost my job, i tried to get a job else where but getting a job in Kenya is very difficult and that is what motivated me to start my own business i used all my savings as capital and knew i had to do everything possible to make the business work because it was my only source of income.

My Business

My business deals with school uniform its located in Langata Nairobi, i started the business over an year ago at first the business was very challenging because my competitor was a well known shop and i was just upcoming but with patience and hard work it finally got stable. My client is Briar Rose academy i work with the school administration all parents joining the school buys uniform from me because i can get a uniform according to parents needs, its convenient for the parents since am within the school.I have a shop where i pay rent of 30000KES per month as for the uniform i buy materials and take it to atailor where she makes trousers shirts and dresses others such as sweaters socks trucksuits i outsource in Nairobi.In a good month i can make upto90000KES but in a bad month things can be difficult.The profits i get i replenish the stock cater for expenses and save the remaining amount.

Loan Proposal

Greetings lenders
I am so grateful for the far i have come since i joined Zidisha , am joining my last in university pursuing finance. The amount i need for my last year in USD 887.53,USD 200 is to pay for the final exam ,100 will be used for attachment fees USD 50 will be used for graduation charges,USD 537.53 will used to pay school fees. Finishing my university education will be my dream come true i will be emporwered which in return I can empower others and help the community where i can. Thank you in advance and God bless.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$879.00

Date disbursed

Oct 25, 2017

Repayment status

Late

Projected term

31 months

Lenders

P

PHU99

Zwingenberg, Germany

SBlue1

Germany

JA

Jorge Alagon

Munich, Germany

Marcus

Germany

PG

Paul Graham

United States

Stephan W

Witten, Germany

DW

Dan Winetsky

United States

Paul Buchheit

Mountain View, United States

Jan V

Port Dalhousie, Canada

A

Anonymous

United States

CN

Craig Newmark

United States

Daveycee

The Hague, Netherlands

J

Johanna

Zürich, Austria

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  • Monicah    Feb 18, 2019

    Hello
    my apologies for not keeping my end of obligation to repay the loan i was given,i have been unemployed which has caused me not to have any source of income but despite the challanges i want to fully pay the loan thats why am requesting for a reduction in my installment.
    Thank you

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  • Monicah    Jan 3, 2018

    Hey
    I have been having troubles raising the amount required to pay my installment weekly since am in school and am not earning any salary, i like to reduce my weekly payment to 10 usd which i can comfortably pay.Thank you in Advance

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  • Monicah    Nov 13, 2017

    Hello lenders
    I received the money that you lend me and i was able to pay for school, everything is going well with me and its all because of your generosity.Thank you so much for your help.

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  • Monicah    Oct 25, 2017

    Hello lenders
    Thank you so much for your generosity i have received 84,315 KES and I will be able to pay the school fees and for the final exam.Thank you so much for your kindness God bless you.
    Regards Monicah

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  • Monicah    Oct 20, 2017

    Thank you lenders for your support and your kindness,I had lost all hope but you have shone light in my world i can't say thank you enough am so grateful. God bless you

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  • Jan V    Oct 14, 2017

    Good luck with your University education Monicah.
    Cheers, Jan V

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  • Richard Hylerstedt    Oct 12, 2017

    Hello Monicah! Good luck with your exam! Richard

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  • Jonathan Paugh    Oct 10, 2017

    Your attitude of taking the initiative will bring wealth to many Kenyans! I wish you prosperity and blessings from the Lord Jesus Christ

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  • Henry    Oct 10, 2017

    ONE DAY ONE TIME I WILL VISIT YOU .

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  • Henry    Oct 10, 2017

    CONGRATULATION MADAM IN YOUR HAD WORK THAT YOU HAVE MY GOD BLESS YOU MORE.

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  • Monicah    Oct 6, 2017

    Hello Lenders
    The loan i had was for my school laptop which has helped me a lot in my Thesis and school studies I have finished my project semester and this was enabled by your help. Thank you so much God bless you

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  • Monicah    Sep 6, 2017

    Am so grateful for zidisha family for your support generosity and patient, I have been able to improve my life because of your help. Thank you so much and God bless.

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  • Monicah    Mar 6, 2017

    Hello
    I would like to reduce the insallment because am not able to raise the amount i was prior paying , i want to keep my on time payment and afford my basic needs.Was able to buy a laptop and its very helpful.Thanks in advance

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  • Monicah    Feb 27, 2017

    Hello lenders
    I hope you are well i received 414 USD of Friday 24/02/2017 and in was able to buy a laptop with the cash. Am grateful for your kindness be blesssed

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  • Monicah    Feb 21, 2017

    Hello lenders,
    Thank you so much for taking your time to go through my loan proposal and funding me.I will use the money to buy a laptop for my research in university education.Thank you so much may God bless you and your families.

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  • Monicah    Feb 13, 2017

    Dear lenders
    The loan i got previously for university tuition fee was very helpful in financing my education i worked very hard in that semester and i managed to get an aggregate grad A in seven units,because of your funds was able to concentrate in class since i didn't have troubles with school fees.Thank you very much for your funds and time to read through my loan proposal.

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  • Monicah    Nov 25, 2016

    Hello lenders am really grateful to God for how far He has taken me and blessing me with people who are willing to help me my lenders ,was able to pay this semester's school fees and my exams are due 13th of December. Am not able to pay the installment i had agreed to pay due to financial strains am having at the moment but hopefully soon all will be well.Thank you.

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  • Monicah    Oct 17, 2016

    hey lenders i received 28500 on Saturday and was able to pay my school fees for this semester, thank you so much for taking your time to read through my loan proposal and lending me thank you very much .

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  • Monicah    Oct 14, 2016

    Am so humbled by your generosity thank you so much my lenders for for sacrificing your funds and lending them to me.I will use the funds to pay for my fee to further my education.Am greatly thank you.

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  • Monicah    Oct 11, 2016

    Would like to give thanks to my lenders, the loan I took was used to buy materials which made more uniforms and it was easy for me supply to more parents. The stock i had increased and it reduced in small quantity purchasing which is expensive.

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