Entrepreneur
Name
Benson
Member since
April 2014
On-time repayments
67 installments • 51%
About Me
I was brought up in the Western rural community. When my parents passed on, well wishers assisted me to go through my primary and secondary education. I later started a small business in the rural, selling vegetables and other horticultural produce at the local markets. Later, I joined a youth group where I underwent entrepreneurship training. We got financial support that we used to purchase interlocking bricks machine. The project is ongoing and helping many community members.
I started my own business in the suburbs of Kawangware. I offer hostel services to students in the low income earning families. I wish to expand the housing to accommodate more students.
My Business
I operate a hostel service in the Kawangware slums. Many families in this community are mostly single parent. Most of the parents/guardians work as casuals (house helps) in homes in the adjacent Lavington estate. They therefore find jobs which require them to stay at the work place. To find a means to stay for their children who attend school, I offer the hostel services, though the children go to different school in the slums. I have decided to reinvest the profits to expand more on infrastructure and materials required for homework help.
Loan Proposal
I will use the money to expand the rooms where children stay to enable further admission of students who are really willing to join the hostels. the current accommodation space is small and I find it getting congested. the expansion of the rooms will therefore allow me to furnish and find space for the pending admissions. with the ever growing population, the number of children are likely to rapidly increase.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 4, 2015
Repayment status
On Time
Projected term
6 weeks
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