Entrepreneur
Name
Peter
Member since
September 2014
On-time repayments
274 installments • 45%
About Me
Peter Karanja was raised in Kimende. I am a graduate with a bachelor’s degree in Education from Kenyatta University. Having worked in various schools as a private tutor, I decided to establish a learning center in Magina Township to help the unprivileged students get an affordable education. I resolved to help pupils after someone paid for my academic. I decided to start Magina Preparatory School. This is a KCPE center that enrolls kids from class one to class 8. We have been in operation since 2011 up to date . We earn through the fees paid by students and run the school on donations from well wishers as well as the fees paid.The well wishers contacts me through my e mail ([email protected]).The area i live is a highland with a lot of rain so it's a productive area of green vegetables.
My Business
Magina Preparatory School which I am the proprietor is our main source of income. However I don’t view the school as an enterprise but as a place where unprivileged kids can have affordable education. The fees paid are used to pay 8 of our teachers and the remainders goes to buying pens, chalks and other amenities. We have been lucky to get the support of well wishers now and then to keep as going. However, I am also a large scale farmer, mainly dealing with wheat farming on rented land in Narok.Narok is a productive area of wheat. I intended to use my personal income to pay the loan as the funds from zidisha go into the buying two computer for school . On average I make $ 400 to $500 from farming on a monthly basis and thus will pay the loan comfortably.
Loan Proposal
Dear lenders, I would like to request you to fund my loan of $553.I am in need of that amount to aid me in buying two school computers.One computer goes for $250 ,so two of them will cost around $553.The computers will be used to keep school data so that it does not get lost.I will be able to keep pupils records, like school fees, pupils performances and any other school data.When the information is on papers some times its get lost but when it is in a computer it will not get lost and it will be easier to retrieve any information stored.The computers will also help me to google more information that i will be requiring. The computers will also be used to type assessment for pupils.
Feedback
Positive
7
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$556.00
Date disbursed
Oct 20, 2015
Repayment status
On Time
Projected term
25 months
Lenders
Leiderdorp, Netherlands
Moravia, United States
Germany
United Kingdom
United States
Canada
United States
United States
United States
Taiwan
United States
Australia
Spain
Costa Rica
United States
Canada
Canada
United States
Canada
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