David
Nairobi, Kenya
100% repaid
Name
David
Member since
January 2015
On-time repayments
82 installments • 88%
I am an education consultant and a private tutor for home schooling. Despite many hardships with finance I managed to get quality education courtesy of my guardian and well-wishers. I own Daem Solutions and have been a consultant for more than three years. I started my business after realizing that there is un-tapped market for home schooling and modeled professional exam guides when doing these activities as part-jobs at campus.
Due to increased demand from referrals by my clients, I used assistance of other tutors to serve the additional clients. I decided to make it a business in order to manage other tutors as the business grows. We have enabled 130 students to complete their studies and pass with the best grades without paying tuition fees or attending colleges and high schools. We have 70 students currently in the system.
I run a small business where I specialize on preparing model guides for college students who are doing professional courses in insurance, accounting, and marketing. I have a host of nineteen tutors for personalized home tuition.
So far,we have been able to help 130 students pass their primary and O-level exams and professional courses using our model guides. This year we manged to get seventy students in total due to generosity of Zidisha lenders, since we were able to create a website.
There is a growing demand for homeschooling and model guides for college students who are doing professional courses. Due to high cost of college tuition, many students opt to study professional courses privately creating room for me to sell them guides in order to prepare for exams.
The business earns me $870 per month
My expenses are
a) Mobile phone bill $35
c) My household expenditure $450
This will make it possible to repay the loan in a timely manner.
The theme of business this year is to set up an office and move operations from home to an office block where parents can visit therefore all profits are reinvested in the business. If I get the loan, I will purchase a laptop and a modem to assist in handling emails and social websites messages as the business grows. I will be able to respond to clients and engage them in a timely fashion to increase satisfaction.
The business has been doing great but I now need the website to manage the teachers and take my services to other cities since it will also act as marketing tool.
Than you Zidisha team for considering my loan application.
If get the loan, I will invest in the website and expand my client base by taking more teachers on board. I will be able to hook up teachers with clients who need home schooling services, which will increase my earnings.
With the help of the Zidisha loan, I will intensify my advertisement for my services and products and increase the market, which will translate to 15% increase in profits. Expansion of my business will create more jobs for more qualified youths and reduce unemployment rate in our country.
The domain and hosting for one year will cost me $10 while the webdesign will cost $55. A loan of $50 is enough to cover this project.
Thank you for funding my loan and may God bless you.
Positive
1
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 5, 2015
Repayment status
On Time
Projected term
6 weeks
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