Name
Moses
Member since
March 2014
On-time repayments
282 installments • 67%
I was born in Siaya County and went to Lwanda Primary and later to St Marys Secondary..I did special education Diploma course at KISE and finally a degree in Early Childhood Education.Since I had a dream I come to Komarock and I started a tuition class for primary school level children. The tuition has now grown to a full primary school with a population of 200 students in a span of 7 years. I would wish to join Zidisha and reach out to international pertners for further growth of my school
My business offers quality education to pupils,our service are highly on demand due to the high quality that we give to pupils.I chose this kind of business because it is my favorite and profession,My typical cost to run the business is $4178 per month my revenue is $5580 per month.I use the revenue to invest,meet my monthly expenditure and pay school fees. I want to borrow money to expand our school feeding program and to support our book fund programme This money will enable me buy food stock to use in the whole of term one and some learning materials . I will pay it back with the lunch fee that we charge and money collected from book fund program,I hope to pay this loan and take a bigger one as we approach new academic calender..I wish to assure the lenders that I am going to be committed to paying my loan exactly like previous ones.
I will use the loan to buy 5 bags of rice each 50kg at USD300,3 bags of beans 50kg per bag at USD200 ,50kg of sugar at Usd 75,60litres of cooking oil at USD90,50kg of greengram at USD75 and 150kg of maize flour at USD150.This will anable us to provide hot breakfast and lunch at school compound hence good management of time.I expect profit increase of USD 150 per month
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$869.00
Date disbursed
Aug 16, 2016
Repayment status
On Time
Projected term
11 months
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