Loan to attend family fundraising, upcountry

Erick

Bombolulu, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

February 2015

On-time repayments

103 installments  •  50%

About Me

Am a Kenyan man aged 25 years.I was born in a polygamous family with two brothers,one sister and three step brothers.My mum is the second wife to my dad and am the second last born in our family.My mum passed on when i had completed my primary level class eight in the year 2004 leaving my dad unable to take care of us.I fortunately managed my fourth form in 2009.I enrolled for my college studies but the financial state of my father could not allow me anymore proceed anymore so i had to drop out to upkeep myself because i had moved from the village to the coastal town called Mombasa.Since i needed rent,food,clothing and several other necessities,i was desperate for a job or any other business to help cope with life.My younger brother too needed assistance from me since my step brothers were not stable too to assist and had their own families to take care of and my elder brother who took me from the village had been sacked from where he was working hence was unemployed by then.

My Business

I started buying phone accessories ranging from covers,batteries,watches from wholesale traders and selling them to my clients at a rented stall in town.I could manage to get a double income that helped me pay for the rent and meet my needs.
I later started selling chargers,memory cards,and by then through the knowledge i had gained from phones,i now can service phones,change mic and do flashing something i learn t from a technician i was close with.
I found this business so easy to operate and good income since i have very few competitors around me as it is also convenient for me as it gives me time to break on a weekend to attend church services.
On a good day i make sales up to 4000 and on low sales they turn to 1500.
From the profits i get,i pay rent for the stall,pay for my house rent,pay my younger brother's rent who is in college in another town,and sustains me and fare as well.

Loan Proposal

Once again dear lenders,i hereby request for your assistance towards an upcoming family fundraiser back at my village home on 10.02.2017.My cousin was among the candidates who sat for their K.C.S.E examinations last year and fortunately managed a C+. As a family we organized a fundraising in support for his college fees he is yet to join by May.
We set a target of $58 for relatives and friends so as to give a higher stake for any willing person that will donate something.Since i have several bills to settle including rent for the shop and at my place where i live,am left with little to spend as bus-fare and to sustain me at home 900km away.
If am able to get the little help,i know i will even be in a position to buy my dad a pair of shoes as an appreciation or even buy him some sugar.May God bless you so much as you look forward towards funding me.Thank you so much.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Feb 5, 2017

Repayment status

On Time

Projected term

2 months

Lenders

TomF925

www.AfricaLeap.com, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

Japh

Hobart, Australia, Australia

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