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. i am Avery hopeful person after joining zidisha.iwish to take a loan to buy textbooks for my school,st bridgits academy budalangi..in a good month my school generates about 500 dollars. i spent about 300dollars on feeding the children,paying teachers and buying learning materials.however realized that i can not compete favorably because of my weak financial background for this money to buy books for the and hope that in future i will grow my school more with your support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 9, 2015
Repayment status
On Time
Projected term
6 weeks
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Summary
Amount repaid
$104.50
Amount remaining
$0.00
Date repaid
Sep 17, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $15.00 | Aug 16, 2015 | $15.00 |
| Aug 23, 2015 | $15.00 | Aug 23, 2015 | $15.00 |
| Aug 30, 2015 | $15.00 | Aug 30, 2015 | $15.00 |
| Sep 6, 2015 | $15.00 | Sep 6, 2015 | $15.00 |
| Sep 13, 2015 | $15.00 | Sep 12, 2015 | $15.00 |
| Sep 20, 2015 | $29.50 | Sep 17, 2015 | $29.50 |
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