Name
Fredrick
Member since
January 2016
On-time repayments
67 installments • 100%
Tell your story in at least 300 characters
I was born 48 years back. My father did not fancy education. I was thus educated by my mother up to university. I did a lot of manual labor to raise college fees and upkeep.
I have always wanted to be independent. I thus started thinking of starting a small school. My people value education a lot. My daughter wants to become an engineer and I keep encouraging her a lot.
I enjoy watching movies. I can sit a whole day patiently watching a story unfold.
Describe your business or income source in at least 300 characters
Currently I provide accommodation. I give rooms and get some rent. Houses are in demand as people who come to work in the town I live need accommodation and a place to stay. It was easy to run as it does not involve me a lot. I intend to convert the rooms into a school once I raise the funds. Currently the costs are minimum apart from expansion. The tenants pau rent which is my revenue. I save and expand. I pay fees for children and meet my other life demands.
Hi. I have been constructing a house like I had said earlier. The project will cost Kshs 5 million once complete. I have had a lot of challenges with water. I wish to buy a 3,500 litre water tank for storage. This will ensure that construction does not stop when there is no water. I have already connected water from the Murang'a water company that supplies water twice a week. I need some facility to store the water until the next supply. The tank will cost approximately kshs 25,000. The pipes and taps pus labor and transport are likely to conume the other 10,000 shillings.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$348.00
Date disbursed
Apr 8, 2017
Repayment status
On Time
Projected term
3 months
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