Meet 45-year-old Jane from Limuru in Kenya, a woman who decided to take her love for kids to another level. She started a day care for children who need a home to stay when their parents go to work. Jane Wangui Wanyoike, a client at SISDO, has been in this business for the last two years. Jane applied for a loan with MYC4 on the 23th November for €904 and her loan is open for bidding on the platform until the 10th December. Jane has been of help to many working mothers who do not have a place to leave their children when they go to work.
We wanted to hear more about Blessed Day Care and how Jane knew about MYC4. Here is what she had to say.
What motivated you to start this business?
I have been a kindergarten teacher for the last 12 years. Having worked with kids for such a long time I realized I had passion for kids and that I needed to take it up as a life time career. I decided to quit my job two years ago to take the risk of starting up my own day care, and the journey has been worth it.
How did you hear about MYC4?
I came to know about MYC4 through SISDO. I have been a client at SISDO for the last four years, and when they partnered with MYC4 this year we were informed by the loan officers about it.
How has the business helped the people living around you?
I would say this business has been of great help to people who live around me in many aspects. When I started the day care in my village it was the only place mothers would leave their kids and feel safe. Secondly I have been able to help the less fortunate people in my area, I take up the role of feeding kids who come from poor families to the point where their parents cannot afford two meals a day, while their mothers help with the cleaning at the school.
What will you use the loan for?
With this loan I will buy swings for the kids to play with when they are at the day care and also purchase more mattresses. The number of kids is rising up by the day hence need for more mattresses for them to sleep on. I will also use the rest to do the finishing of my house which for me to move in during this festive season.
What are some of the challenges you face in this business?
The biggest challenge is parents not being able to pay the fee on time; this usually put in a fix, I end up using my savings which is a big problem because I need to pay my employees on time.
Do you plan on getting another loan?
Yes I plan on getting another loan once I’m done repaying this loan. This time I will take a bigger loan because I plan putting up my own structure to enable me to stop renting a building.
What are your future plans?
I plan to build a school which will have a day care, kindergarten and a primary school. In the future I want to be in this career for the better part of my life and if I have to retire I will employ people to help me run the school.
Would you recommend MYC4 to friends and family?
Yes, I would recommend people to MYC4, their interest is good compared to other MFIs in Kenya, the only problem I find is the turnaround time, if it could take like a maximum of two days that would be a great thing.
Do you have additional comment?
Yes, I would tell people to always chase their dreams and follow their passion in life, and never start a business because of profit, start a business because you love that field. To all the women, always look for something you love doing and go for it.