Name
Dishon
Member since
January 2014
On-time repayments
289 installments • 8%
Ljnn
I AM VERY COMMITTED TO MY
I entail to use this loan to start a small workshop where i could train the youth in my village about electronics repair and electrical installation. I will be also doing electronic repair and circuit fabrication in the same workshop.
I decided to start this business because alot of young people drop out of school and some finish secondary schools and end up doing bad things in the society and some end up in jails while others in the cemetry while they are very young. So i want to equip these youth with some skills which could help them be self employed and be better people in the society.
so far i have 10 interested students and i will be charging a fee of Ksh8000 for the training which is expected to take two months. i will allow the payments to be made in installations.
i will use the loan to acquire 12 solder guns costing Kshs 6000 ,12 Rolls of solder wire costing 2000, 6 set of screw drivers costing Kshs 12000, 6 pliers costing Kshs 3000 and working benches and stools costing kshs 8000.
I believe i will be able to repay my loan in time because i expect to have trainees all year round and also performing repairs at a fee everyday.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$353.00
Date disbursed
Jan 1, 2015
Repayment status
Late
Projected term
64 months
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