To build a new classroom which is permanent
Peter
Kimende Bathi Village, Kenya
20% repaid
Entrepreneur
Name
Peter
Member since
September 2014
On-time repayments
274 installments • 45%
About Me
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.
My Business
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.
Loan Proposal
Dear lenders.
I hereby for apply a loan of$570 to build a class room.most of the class room in institution are built using iron sheets .so i want to build classes which are permanent , safe ,will last long and favorable in all weathers conditions.since i have laptops and other machine they need to be put in safe place to avoid theft.In additional the small children will be learning in that class to protect the from cold weather. The class will require $70 to be completed.The funds you will lend to me will be used to buy 30 bags o cement each costing $ 7,One lorry of ballast which goes for $ 170,Three lorries of sand which goes for $190.The remaining materials which is stone ,hard core ,doors, windows and paint will be bought by the parents and i will cater for the labour.we will be happy when we finish that project and i know we will .
Feedback
Positive
7
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$567.00
Date disbursed
Dec 3, 2016
Repayment status
Late
Projected term
60 months
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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