Loan to buy more computers for our computer lab

Matoke

Juja Town, Kenya

5% repaid

Entrepreneur

Name

Matoke

Member since

March 2014

On-time repayments

278 installments  •  5%

About Me

I am the administrator in a college. I noted with concern that many students in my country do not complete their secondary education. This is why I started a KCSE private candidates center also offering computer studies. In our center, we give our students a chance to complete their high school education and therefore proceed with college or university education. Besides these, I am happy I have created employment because I have three full time tutors and one secretary. I am therefore contributing towards steering our country's development. The business is doing well but can do better if I got financing to add more computers and more furniture.

My Business

We are an educational centre specifically providing Tuition in Sciences, Languages and Computer Studies. The current number of students is 20 and we expect the numbers to increase. Our students are the major source of income that offsets our monthly expenditure of about Ksh. 80000. Any time collections cannot meet these costs, I go to my personal sources to clear the balances. Currently, I am seeking a loan to increase furniture and add more computers so that I can accommodate more students and improve service delivery. There is increased need for the services we offer at our learning center and we are glad we are contributing to providing knowledge. Our students like the personal attention they get, the conducive learning environment and the career guidance we offer.

Loan Proposal

I greet you once again my dear friends on Zidisha. First receive my sincere thanks for the first loan you gave me which helped me buy more comfortable chairs for our college. Our students like them very much and they are very glad. Here is a URL to students in our class sitting on the new chairs: https://www.zidisha.org/images/uploadCommentCache/480x/cee7c77736ab5379b34c24c775fee263.jpg

I thank you again for the support.
In my current loan, I intend to raise about $588 to add more computers in our computer laboratory. Currently, we have only three computers in the computer laboratory and this makes our students strain when they have their Computer Studies Practicals. For example three students share one desktop computer and this hinders effective teaching. This is why I intend to use the next loan to buy five more computers so that we have a total of eight computers. I have already identified a place to buy them at a very subsidized rate from.

The offer is $120 per desktop computer. This is a good offer because the computers will come with TFT Screens as opposed to CRTs which consume a lot of power.
When we buy the computers, we are going to have highly effective computer training classes to our students because our target is a ratio of 1 student to 1 computer during any class session. Because computer training is a practical oriented subject, I believe the students will benefit a lot at the end.

I have committed to repaying $12 a week on Friday.

I look forward to your contribution to our computer lab. Help me have a Zidisha Funded Computer Laboratory in our Educational Center.

Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$491.00

Date disbursed

May 19, 2014

Repayment status

Late

Projected term

63 months

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Ask Matoke a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$37.00

Amount remaining

$678.96

Expected completion

Aug 9, 2019

Status

Repaying late

Installment amount

$2.65

Repayment History

Expected Payments Actual Payments
May 30, 2014 $5.88 Jun 6, 2014 $5.88
Jun 6, 2014 $5.88 Jun 16, 2014 $5.88
Jun 13, 2014 $5.88 Jun 19, 2014 $5.88
Jun 20, 2014 $5.88 Jun 27, 2014 $5.88
Jun 27, 2014 $0.00
Jul 4, 2014 $0.00
Jul 11, 2014 $0.00
Jul 18, 2014 $2.71 Jul 18, 2014 $2.71
Jul 25, 2014 $2.71 Jul 31, 2014 $2.71
Aug 1, 2014 $2.71 Aug 8, 2014 $2.71
Aug 8, 2014 $2.71 Aug 8, 2014 $2.71
Aug 15, 2014 $0.00
Aug 22, 2014 $0.00
Aug 29, 2014 $0.00
Sep 5, 2014 $2.65 Sep 26, 2014 $2.65
Sep 12, 2014 $2.65
Sep 19, 2014 $2.65
Sep 26, 2014 $2.65
Oct 3, 2014 $2.65
Oct 10, 2014 $2.65
Oct 17, 2014 $2.65
Oct 24, 2014 $2.65
Oct 31, 2014 $2.65
Nov 7, 2014 $2.65
Nov 14, 2014 $2.65
Nov 21, 2014 $2.65
Nov 28, 2014 $2.65
Dec 5, 2014 $2.65
Dec 12, 2014 $2.65
Dec 19, 2014 $2.65
Dec 26, 2014 $2.65
Jan 2, 2015 $2.65
Jan 9, 2015 $2.65
Jan 16, 2015 $2.65
Jan 23, 2015 $2.65
Jan 30, 2015 $2.65
Feb 6, 2015 $2.65
Feb 13, 2015 $2.65
Feb 20, 2015 $2.65
Feb 27, 2015 $2.65
Mar 6, 2015 $2.65
Mar 13, 2015 $2.65
Mar 20, 2015 $2.65
Mar 27, 2015 $2.65
Apr 3, 2015 $2.65
Apr 10, 2015 $2.65
Apr 17, 2015 $2.65
Apr 24, 2015 $2.65
May 1, 2015 $2.65
May 8, 2015 $2.65
May 15, 2015 $2.65
May 22, 2015 $2.65
May 29, 2015 $2.65
Jun 5, 2015 $2.65
Jun 12, 2015 $2.65
Jun 19, 2015 $2.65
Jun 26, 2015 $2.65
Jul 3, 2015 $2.65
Jul 10, 2015 $2.65
Jul 17, 2015 $2.65
Jul 24, 2015 $2.65
Jul 31, 2015 $2.65
Aug 7, 2015 $2.65
Aug 14, 2015 $2.65
Aug 21, 2015 $2.65
Aug 28, 2015 $2.65
Sep 4, 2015 $2.65
Sep 11, 2015 $2.65
Sep 18, 2015 $2.65
Sep 25, 2015 $2.65
Oct 2, 2015 $2.65
Oct 9, 2015 $2.65
Oct 16, 2015 $2.65
Oct 23, 2015 $2.65
Oct 30, 2015 $2.65
Nov 6, 2015 $2.65
Nov 13, 2015 $2.65
Nov 20, 2015 $2.65
Nov 27, 2015 $2.65
Dec 4, 2015 $2.65
Dec 11, 2015 $2.65
Dec 18, 2015 $2.65
Dec 25, 2015 $2.65
Jan 1, 2016 $2.65
Jan 8, 2016 $2.65
Jan 15, 2016 $2.65
Jan 22, 2016 $2.65
Jan 29, 2016 $2.65
Feb 5, 2016 $2.65
Feb 12, 2016 $2.65
Feb 19, 2016 $2.65
Feb 26, 2016 $2.65
Mar 4, 2016 $2.65
Mar 11, 2016 $2.65
Mar 18, 2016 $2.65
Mar 25, 2016 $2.65
Apr 1, 2016 $2.65
Apr 8, 2016 $2.65
Apr 15, 2016 $2.65
Apr 22, 2016 $2.65
Apr 29, 2016 $2.65
May 6, 2016 $2.65
May 13, 2016 $2.65
May 20, 2016 $2.65
May 27, 2016 $2.65
Jun 3, 2016 $2.65
Jun 10, 2016 $2.65
Jun 17, 2016 $2.65
Jun 24, 2016 $2.65
Jul 1, 2016 $2.65
Jul 8, 2016 $2.65
Jul 15, 2016 $2.65
Jul 22, 2016 $2.65
Jul 29, 2016 $2.65
Aug 5, 2016 $2.65
Aug 12, 2016 $2.65
Aug 19, 2016 $2.65
Aug 26, 2016 $2.65
Sep 2, 2016 $2.65
Sep 9, 2016 $2.65
Sep 16, 2016 $2.65
Sep 23, 2016 $2.65
Sep 30, 2016 $2.65
Oct 7, 2016 $2.65
Oct 14, 2016 $2.65
Oct 21, 2016 $2.65
Oct 28, 2016 $2.65
Nov 4, 2016 $2.65
Nov 11, 2016 $2.65
Nov 18, 2016 $2.65
Nov 25, 2016 $2.65
Dec 2, 2016 $2.65
Dec 9, 2016 $2.65
Dec 16, 2016 $2.65
Dec 23, 2016 $2.65
Dec 30, 2016 $2.65
Jan 6, 2017 $2.65
Jan 13, 2017 $2.65
Jan 20, 2017 $2.65
Jan 27, 2017 $2.65
Feb 3, 2017 $2.65
Feb 10, 2017 $2.65
Feb 17, 2017 $2.65
Feb 24, 2017 $2.65
Mar 3, 2017 $2.65
Mar 10, 2017 $2.65
Mar 17, 2017 $2.65
Mar 24, 2017 $2.65
Mar 31, 2017 $2.65
Apr 7, 2017 $2.65
Apr 14, 2017 $2.65
Apr 21, 2017 $2.65
Apr 28, 2017 $2.65
May 5, 2017 $2.65
May 12, 2017 $2.65
May 19, 2017 $2.65
May 26, 2017 $2.65
Jun 2, 2017 $2.65
Jun 9, 2017 $2.65
Jun 16, 2017 $2.65
Jun 23, 2017 $2.65
Jun 30, 2017 $2.65
Jul 7, 2017 $2.65
Jul 14, 2017 $2.65
Jul 21, 2017 $2.65
Jul 28, 2017 $2.65
Aug 4, 2017 $2.65
Aug 11, 2017 $2.65
Aug 18, 2017 $2.65
Aug 25, 2017 $2.65
Sep 1, 2017 $2.65
Sep 8, 2017 $2.65
Sep 15, 2017 $2.65
Sep 22, 2017 $2.65
Sep 29, 2017 $2.65
Oct 6, 2017 $2.65
Oct 13, 2017 $2.65
Oct 20, 2017 $2.65
Oct 27, 2017 $2.65
Nov 3, 2017 $2.65
Nov 10, 2017 $2.65
Nov 17, 2017 $2.65
Nov 24, 2017 $2.65
Dec 1, 2017 $2.65
Dec 8, 2017 $2.65
Dec 15, 2017 $2.65
Dec 22, 2017 $2.65
Dec 29, 2017 $2.65
Jan 5, 2018 $2.65
Jan 12, 2018 $2.65
Jan 19, 2018 $2.65
Jan 26, 2018 $2.65
Feb 2, 2018 $2.65
Feb 9, 2018 $2.65
Feb 16, 2018 $2.65
Feb 23, 2018 $2.65
Mar 2, 2018 $2.65
Mar 9, 2018 $2.65
Mar 16, 2018 $2.65
Mar 23, 2018 $2.65
Mar 30, 2018 $2.65
Apr 6, 2018 $2.65
Apr 13, 2018 $2.65
Apr 20, 2018 $2.65
Apr 27, 2018 $2.65
May 4, 2018 $2.65
May 11, 2018 $2.65
May 18, 2018 $2.65
May 25, 2018 $2.65
Jun 1, 2018 $2.65
Jun 8, 2018 $2.65
Jun 15, 2018 $2.65
Jun 22, 2018 $2.65
Jun 29, 2018 $2.65
Jul 6, 2018 $2.65
Jul 13, 2018 $2.65
Jul 20, 2018 $2.65
Jul 27, 2018 $2.65
Aug 3, 2018 $2.65
Aug 10, 2018 $2.65
Aug 17, 2018 $2.65
Aug 24, 2018 $2.65
Aug 31, 2018 $2.65
Sep 7, 2018 $2.65
Sep 14, 2018 $2.65
Sep 21, 2018 $2.65
Sep 28, 2018 $2.65
Oct 5, 2018 $2.65
Oct 12, 2018 $2.65
Oct 19, 2018 $2.65
Oct 26, 2018 $2.65
Nov 2, 2018 $2.65
Nov 9, 2018 $2.65
Nov 16, 2018 $2.65
Nov 23, 2018 $2.65
Nov 30, 2018 $2.65
Dec 7, 2018 $2.65
Dec 14, 2018 $2.65
Dec 21, 2018 $2.65
Dec 28, 2018 $2.65
Jan 4, 2019 $2.65
Jan 11, 2019 $2.65
Jan 18, 2019 $2.65
Jan 25, 2019 $2.65
Feb 1, 2019 $2.65
Feb 8, 2019 $2.65
Feb 15, 2019 $2.65
Feb 22, 2019 $2.65
Mar 1, 2019 $2.65
Mar 8, 2019 $2.65
Mar 15, 2019 $2.65
Mar 22, 2019 $2.65
Mar 29, 2019 $2.65
Apr 5, 2019 $2.65
Apr 12, 2019 $2.65
Apr 19, 2019 $2.65
Apr 26, 2019 $2.65
May 3, 2019 $2.65
May 10, 2019 $2.65
May 17, 2019 $2.65
May 24, 2019 $2.65
May 31, 2019 $2.65
Jun 7, 2019 $2.65
Jun 14, 2019 $2.65
Jun 21, 2019 $2.65
Jun 28, 2019 $2.65
Jul 5, 2019 $2.65
Jul 12, 2019 $2.65
Jul 19, 2019 $2.65
Jul 26, 2019 $2.65
Aug 2, 2019 $2.65
Aug 9, 2019 $1.32

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