Help me make English classes accessible to lower middle class
Surabaya, Indonesia
29% repaid
Entrepreneur
Name
Member since
May 2014
On-time repayments
278 installments • 69%
About Me
My Business is: English Course For People. It is located In Surabaya, Indonesia. It should be known that there is a big gap between The Have and The Have-nots in Indonesia. The Have-people have access to good education including International Schools and use English in conversation daily. However, the Have-nots do not have access to proper English lessons. They do receive English education in regular schools for free but the schools are public schools, which belong to government, and the English lessons are of low quality. Most students in elementary school cannot speak English. Starting from $10/month, the Have-nots can have access to quality English study. Students get to learn the grammar rules of English and have many opportunities to practice through speaking. Given time, they will understand English just like the Have-people. It is a Business, but it is also about helping.
My Business
The prospect of this business is bright. There is little or no competition because the other English schools only focus on middle class and up, whereas we focus on the lower-middle class. My business has already been running for 2 years, and it has had a total of approximately 50 students taught in 3 different locations in Surabaya, Indonesia. It has been successful because I have been able to run this and make some profit, even in its first year.
In the first year I gathered 30 students, each paying $10/month. In total, I have been receiving $300/month, and spending up to 50% on operational costs. Therefor I have had an average profit of $150/month.
In the 2nd Years I collected 50 students, each paying $10/month. In total, I have been receiving $500/month, and spending up to 50% on operational costs. Therefor I have had an average profit of $250/month.
in the second year I gathered 50 students, each paying $10/month. In total, I have been receiving $500/month, and spending up to 50% on operational costs. Therefor I have had an average profit of $250/month.
Loan Proposal
I am going to use this loan for developing my business. In next new seoson, i need $500/month to hire part time teacher. And make some promotion to make my class get more student.____Starting a new business is hard for me. But, developing and defending a business and is harder. I still believe i can fly !
Show original Bahasa Indonesia
About Me
My Business is: English Course For People. It is located In Surabaya, Indonesia. It should be known that there is a big gap between The Have and The Have-nots in Indonesia. The Have-people have access to good study including International Schools and use English in conversation daily. However, the Have-nots do not have access to proper English lessons. They do receive English study in regular schools for free but the schools are public schools, which belong to government, and the English lessons are of low quality. Most students in elementary school cannot speak English. Starting from $10/month, the Have-nots can have access to quality English study. Students get to learn the grammar rules of English and have many opportunities to practice through speaking. Given time, they will understand English just like the Have-people. It is a Business, but it is also about helping.
My Business
The prospect of this business is bright. There is little or no competition because the other English schools only focus on middle class and up, whereas we focus on the lower-middle class. Starting from 2013, my business has already been running for 3 years, and it has had a total of approximately 75 students taught in 3 different locations in Surabaya, Indonesia. It has been successful because I have been able to run this and make some profit, even in its first year.
In the first year I gathered 30 students, each paying $10/month. In total, I have been receiving $300/month, and spending up to 50% on operational costs. Therefor I have had an average profit of $150/month.
And now, in the 3rd year I gathered around 75 students, each paying $10/month. In total, I have been receiving $750/month, and spending up to 50% on operational costs. Therefor I have had an average profit of $375/month.
Loan Proposal
I am going to use this loan for developing my business. In next new seoson, i need $500/month to hire part time teacher. And make some promotion to make my class get more student.
Starting a new business is hard for me. But, developing and defending a business and is harder. I still believe i can fly !
Feedback
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$488.00
Date disbursed
May 30, 2016
Repayment status
Late
Projected term
63 months
Other loans
Lenders
Gold River, Canada
United States
Germany
Singapore
United Kingdom
United States
United States
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Summary
Amount repaid
$151.20
Amount remaining
$361.20
Expected completion
Nov 17, 2019
Status
Repaying late
Installment amount
$56.93
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 12, 2016 | $7.75 | Jun 12, 2016 | $7.75 |
| Jun 19, 2016 | $3.88 | Jun 22, 2016 | $3.88 |
| Jun 26, 2016 | $1.55 | Jun 29, 2016 | $1.55 |
| Jul 3, 2016 | $1.55 | Jul 4, 2016 | $1.55 |
| Jul 10, 2016 | $1.55 | Jul 13, 2016 | $1.55 |
| Jul 17, 2016 | $1.55 | Jul 21, 2016 | $1.55 |
| Jul 24, 2016 | $1.55 | Jul 30, 2016 | $1.55 |
| Jul 31, 2016 | $1.55 | Aug 6, 2016 | $1.55 |
| Aug 7, 2016 | $1.55 | Aug 12, 2016 | $1.55 |
| Aug 14, 2016 | $0.00 | ||
| Aug 21, 2016 | $0.78 | Aug 18, 2016 | $0.78 |
| Aug 28, 2016 | $0.78 | Aug 27, 2016 | $0.78 |
| Sep 4, 2016 | $0.78 | Sep 2, 2016 | $0.78 |
| Sep 11, 2016 | $0.78 | Sep 8, 2016 | $0.78 |
| Sep 18, 2016 | $0.78 | Oct 4, 2016 | $0.78 |
| Sep 25, 2016 | $0.78 | Oct 4, 2016 | $0.78 |
| Oct 2, 2016 | $0.78 | Oct 4, 2016 | $0.78 |
| Oct 9, 2016 | $0.78 | Oct 10, 2016 | $0.78 |
| Oct 16, 2016 | $0.78 | Oct 21, 2016 | $0.78 |
| Oct 23, 2016 | $0.78 | Oct 28, 2016 | $0.78 |
| Oct 30, 2016 | $0.78 | Nov 5, 2016 | $0.78 |
| Nov 6, 2016 | $0.78 | Nov 5, 2016 | $0.78 |
| Nov 13, 2016 | $0.78 | Nov 29, 2016 | $0.78 |
| Nov 20, 2016 | $0.78 | Nov 29, 2016 | $0.78 |
| Nov 27, 2016 | $0.78 | Nov 29, 2016 | $0.78 |
| Dec 4, 2016 | $0.78 | Dec 9, 2016 | $0.78 |
| Dec 11, 2016 | $0.78 | Dec 17, 2016 | $0.78 |
| Dec 18, 2016 | $0.78 | Dec 29, 2016 | $0.78 |
| Dec 25, 2016 | $0.78 | Dec 29, 2016 | $0.78 |
| Jan 1, 2017 | $0.78 | Jan 5, 2017 | $0.78 |
| Jan 8, 2017 | $0.78 | Jan 13, 2017 | $0.78 |
| Jan 15, 2017 | $0.78 | Jan 18, 2017 | $0.78 |
| Jan 22, 2017 | $0.78 | Jan 27, 2017 | $0.78 |
| Jan 29, 2017 | $0.78 | Feb 9, 2017 | $0.78 |
| Feb 5, 2017 | $0.78 | Feb 22, 2017 | $0.78 |
| Feb 12, 2017 | $0.78 | Feb 22, 2017 | $0.78 |
| Feb 19, 2017 | $0.78 | Feb 22, 2017 | $0.78 |
| Feb 26, 2017 | $0.78 | Feb 22, 2017 | $0.78 |
| Mar 5, 2017 | $0.78 | Mar 7, 2017 | $0.78 |
| Mar 12, 2017 | $0.78 | Mar 25, 2017 | $0.78 |
| Mar 19, 2017 | $0.78 | Mar 25, 2017 | $0.78 |
| Mar 26, 2017 | $0.78 | Apr 4, 2017 | $0.78 |
| Apr 2, 2017 | $0.78 | Apr 4, 2017 | $0.78 |
| Apr 9, 2017 | $0.78 | Apr 20, 2017 | $0.78 |
| Apr 16, 2017 | $0.78 | Apr 20, 2017 | $0.78 |
| Apr 23, 2017 | $0.78 | May 25, 2017 | $0.78 |
| Apr 30, 2017 | $0.78 | May 25, 2017 | $0.78 |
| May 7, 2017 | $0.78 | May 25, 2017 | $0.78 |
| May 14, 2017 | $0.78 | May 25, 2017 | $0.78 |
| May 21, 2017 | $0.78 | May 25, 2017 | $0.78 |
| May 28, 2017 | $0.78 | Jun 18, 2017 | $0.78 |
| Jun 4, 2017 | $0.78 | Jun 18, 2017 | $0.78 |
| Jun 11, 2017 | $0.78 | Jun 18, 2017 | $0.78 |
| Jun 18, 2017 | $0.78 | Feb 5, 2018 | $0.78 |
| Jun 25, 2017 | $0.78 | Feb 5, 2018 | $0.78 |
| Jul 2, 2017 | $0.78 | Feb 5, 2018 | $0.78 |
| Jul 9, 2017 | $0.78 | Feb 5, 2018 | $0.78 |
| Jul 16, 2017 | $0.78 | Feb 5, 2018 | $0.78 |
| Jul 23, 2017 | $0.78 | Mar 5, 2018 | $0.78 |
| Jul 30, 2017 | $0.78 | Mar 5, 2018 | $0.78 |
| Aug 6, 2017 | $0.78 | Mar 5, 2018 | $0.78 |
| Aug 13, 2017 | $0.78 | Mar 5, 2018 | $0.78 |
| Aug 20, 2017 | $0.78 | Mar 5, 2018 | $0.78 |
| Aug 27, 2017 | $0.78 | Mar 5, 2018 | $0.78 |
| Sep 3, 2017 | $0.78 | Mar 5, 2018 | $0.78 |
| Sep 10, 2017 | $0.78 | Mar 5, 2018 | $0.78 |
| Sep 17, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Sep 24, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Oct 1, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Oct 8, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Oct 15, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Oct 22, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Oct 29, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Nov 5, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Nov 12, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Nov 19, 2017 | $0.78 | Apr 3, 2018 | $0.78 |
| Nov 26, 2017 | $0.78 | May 2, 2018 | $0.78 |
| Dec 3, 2017 | $0.78 | May 2, 2018 | $0.78 |
| Dec 10, 2017 | $0.78 | May 2, 2018 | $0.78 |
| Dec 17, 2017 | $0.78 | May 2, 2018 | $0.78 |
| Dec 24, 2017 | $0.78 | May 2, 2018 | $0.78 |
| Dec 31, 2017 | $0.78 | May 2, 2018 | $0.78 |
| Jan 7, 2018 | $0.78 | May 2, 2018 | $0.78 |
| Jan 14, 2018 | $0.78 | May 2, 2018 | $0.78 |
| Jan 21, 2018 | $0.78 | May 2, 2018 | $0.78 |
| Jan 28, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Feb 4, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Feb 11, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Feb 18, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Feb 25, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Mar 4, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Mar 11, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Mar 18, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Mar 25, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Apr 1, 2018 | $0.78 | Jun 2, 2018 | $0.78 |
| Apr 8, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Apr 15, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Apr 22, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Apr 29, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| May 6, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| May 13, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| May 20, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| May 27, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jun 3, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jun 10, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jun 17, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jun 24, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jul 1, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jul 8, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jul 15, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jul 22, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Jul 29, 2018 | $0.78 | Jul 2, 2018 | $0.78 |
| Aug 5, 2018 | $0.78 | Aug 4, 2018 | $0.78 |
| Aug 12, 2018 | $0.78 | Aug 4, 2018 | $0.78 |
| Aug 19, 2018 | $0.78 | Aug 4, 2018 | $0.78 |
| Aug 26, 2018 | $0.78 | Aug 4, 2018 | $0.78 |
| Sep 2, 2018 | $0.78 | Aug 4, 2018 | $0.78 |
| Sep 9, 2018 | $0.78 | Sep 2, 2018 | $0.78 |
| Sep 16, 2018 | $0.78 | Sep 2, 2018 | $0.78 |
| Sep 23, 2018 | $0.78 | Sep 2, 2018 | $0.78 |
| Sep 30, 2018 | $0.78 | Sep 2, 2018 | $0.78 |
| Oct 7, 2018 | $0.78 | Sep 2, 2018 | $0.78 |
| Oct 14, 2018 | $0.78 | Sep 2, 2018 | $0.78 |
| Oct 21, 2018 | $0.78 | Oct 4, 2018 | $0.78 |
| Oct 28, 2018 | $0.78 | Oct 4, 2018 | $0.78 |
| Nov 4, 2018 | $0.78 | Oct 4, 2018 | $0.78 |
| Nov 11, 2018 | $0.78 | Oct 4, 2018 | $0.78 |
| Nov 18, 2018 | $0.78 | Oct 4, 2018 | $0.78 |
| Nov 25, 2018 | $0.78 | Oct 4, 2018 | $0.78 |
| Dec 2, 2018 | $0.78 | Dec 3, 2018 | $0.78 |
| Dec 9, 2018 | $0.78 | Dec 3, 2018 | $0.78 |
| Dec 16, 2018 | $0.78 | Dec 3, 2018 | $0.78 |
| Dec 23, 2018 | $0.78 | Dec 3, 2018 | $0.78 |
| Dec 30, 2018 | $0.78 | Jan 3, 2019 | $0.78 |
| Jan 6, 2019 | $0.78 | Jan 3, 2019 | $0.78 |
| Jan 13, 2019 | $0.78 | Jan 3, 2019 | $0.78 |
| Jan 20, 2019 | $0.78 | Jan 3, 2019 | $0.78 |
| Jan 27, 2019 | $0.78 | Jan 3, 2019 | $0.78 |
| Feb 3, 2019 | $0.78 | Jan 3, 2019 | $0.78 |
| Feb 10, 2019 | $0.78 | Feb 18, 2019 | $0.78 |
| Feb 17, 2019 | $0.78 | Feb 18, 2019 | $0.78 |
| Feb 24, 2019 | $0.78 | Feb 18, 2019 | $0.78 |
| Mar 3, 2019 | $0.78 | Feb 18, 2019 | $0.78 |
| Mar 10, 2019 | $0.78 | Feb 18, 2019 | $0.78 |
| Mar 17, 2019 | $0.78 | Apr 22, 2019 | $0.78 |
| Mar 24, 2019 | $0.78 | Apr 22, 2019 | $0.78 |
| Mar 31, 2019 | $0.78 | Apr 22, 2019 | $0.78 |
| Apr 7, 2019 | $0.78 | Apr 22, 2019 | $0.78 |
| Apr 14, 2019 | $0.78 | Apr 22, 2019 | $0.78 |
| Apr 21, 2019 | $0.78 | Apr 22, 2019 | $0.78 |
| Apr 28, 2019 | $0.78 | Jun 5, 2019 | $0.78 |
| May 5, 2019 | $0.78 | Jun 5, 2019 | $0.78 |
| May 12, 2019 | $0.78 | Jun 5, 2019 | $0.78 |
| May 19, 2019 | $0.78 | Jun 11, 2019 | $0.78 |
| May 26, 2019 | $0.78 | Jun 11, 2019 | $0.78 |
| Jun 2, 2019 | $0.78 | Jun 11, 2019 | $0.78 |
| Jun 9, 2019 | $0.78 | Jun 11, 2019 | $0.78 |
| Jun 16, 2019 | $0.78 | Jun 11, 2019 | $0.78 |
| Jun 23, 2019 | $0.78 | Jul 18, 2019 | $0.78 |
| Jun 30, 2019 | $0.78 | Jul 18, 2019 | $0.78 |
| Jul 7, 2019 | $0.78 | Jul 18, 2019 | $0.78 |
| Jul 14, 2019 | $0.78 | Jul 18, 2019 | $0.78 |
| Jul 21, 2019 | $0.78 | Jul 18, 2019 | $0.78 |
| Jul 28, 2019 | $0.78 | Jul 18, 2019 | $0.78 |
| Aug 4, 2019 | $0.78 | Jul 18, 2019 | $0.78 |
| Aug 11, 2019 | $0.78 | Sep 11, 2019 | $0.78 |
| Aug 18, 2019 | $0.78 | Sep 11, 2019 | $0.78 |
| Aug 25, 2019 | $0.78 | Sep 11, 2019 | $0.78 |
| Sep 1, 2019 | $0.78 | Sep 11, 2019 | $0.78 |
| Sep 8, 2019 | $0.78 | Sep 11, 2019 | $0.78 |
| Sep 15, 2019 | $0.78 | Sep 11, 2019 | $0.78 |
| Sep 22, 2019 | $0.78 | Sep 11, 2019 | $0.78 |
| Sep 29, 2019 | $0.78 | Oct 2, 2019 | $0.78 |
| Oct 6, 2019 | $56.93 | Oct 2, 2019 | $1.55 |
| Oct 13, 2019 | $56.93 | ||
| Oct 20, 2019 | $56.93 | ||
| Oct 27, 2019 | $56.93 | ||
| Nov 3, 2019 | $56.93 | ||
| Nov 10, 2019 | $56.93 | ||
| Nov 17, 2019 | $21.93 | ||
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