Entrepreneur
Name
Gerald
Member since
December 2011
On-time repayments
40 installments • 60%
About Me
I am married with 5 children, 2 of them are in secondary school. I live in Kiptangwanyi shopping centre which is about 42 km from Nakuru town.I live in my own shamba which is about 1km from kiptanggwanyi shopping centre. This is where I have my own school in plot number 475.
My Business
My business entails a primary school and a secondary school. The schools are called Kahunja Primary school and Kahunja secondary school. I started the schools as a nursery school which grew to a primary school single handedly. The school has expanded throughout the years and has grown to one of the most known schools here in this area of Kiptangwanyi. There is high demand of education in this region and therefore this has resulted in most parents enrolling their children in my school. The main challenges that my business face is stiff competition from public and other private schools, high inflation costs, increased costs of building and construction materials.
Loan Proposal
Thank you all for such a great opportunity to be a member of Zidisha family. I am glad to be offered another chance to loan with Zidisha microfinance. I would like to use this loan that I will be offered to build two modern offices for my teachers at the school. This will improve my service delivery to the society. Thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$3,357.00
Date disbursed
Jul 9, 2013
Repayment status
Late
Projected term
24 months
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