Peter
Kimende Bathi Village, Kenya
100% repaid
Name
Peter
Member since
September 2014
On-time repayments
274 installments • 45%
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.
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 $500 from farming on a monthly basis and thus will pay the loan comfortably.
Lenders , if you grant me a loan. I will use the fund to pay the school fees for two girls who performed exceptionally well in the KCPE exam they did last year.The fist girl by the name Mary Waithira was admitted in a National secondary school but her parent are struggling to pay her school fees.I want to pay her school fees balance of 88$.The second girl i will sponser is called Monicoh Nyambura who's school fees arrears are 125$.Her parent were involved in a tragic accident and they are not in a position to pay her school fees because they are hospitalized.I want to extend the hand of compassion to them by paying the school fees, so that they can continue with their academics.The two girls require approximately 225$ for school fees.This is to ensure they don't miss education which is vital in their life. In additional to that they are from my school {magina preparatory academy }when the parents get this information they will be thrilled and my school will increase in population tremediously.I will pay the loan using my personal income. Thank you in advance lenders.
Positive
7
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$193.00
Date disbursed
Mar 9, 2015
Repayment status
On Time
Projected term
6 weeks
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