Entrepreneur
Name
Dennis
Member since
July 2015
On-time repayments
127 installments • 48%
About Me
i am a born 1973 male Kenyan from budebu village,budalangi sub-location,Budalangi sub county Busia county.iam married with three children.i went to budalangi primary school,st charles lwanga mukumu, and then bumbe technical training institute where i did diploma in social work.i have been working for non-governmental organisations until a time when i discovered that they were not going to renew my contracts any more. this drove me into looking for alternative means of income.first i began by establishing a tree nursery where i developed and sold seedlings to members of my community and also some community organisations.i realised that this activity was able to raise enough money to educate my children as well as maintain them.with time realized that there were many children from my community who were not gong to school because of lack of fees and some because fof distance.i decided to start a school on my land to support such children.it is doing well as it has about 60 children and runs up to third class.
My Business
as i mentioned earlier,i run a school which has 60 children and runs up to third class.the school is fairing n well.the school generates about 500 dollars in a month. i spent about 30 dollars on salaries for four teachers ,school feeding program and learning materials.the school has four mud walled classrooms it has a permit from the ministry and the local administration.the community really liked the idea and seem to be putting some effort behind me.
Loan Proposal
hi lenders,your loan has been of great help as i was able to buy some books for my children .this has increased the level of teaching in my school as well as giving my school the required competitive advantage.i wish to borrow kes 21904 for the same activity. i hope that this will make it competitive and even attract more students from the neighborhood.thank you for visiting my profile.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$220.00
Date disbursed
Oct 6, 2015
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
Taiwan
Brazil
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