Rebuilding Personal Home

Erick Barasa

Eldoret, Kenya

2% repaid

Entrepreneur

Name

Erick Barasa

Member since

February 2016

On-time repayments

153 installments  •  9%

About Me

MY name is Erick barasa i was born in the western part of Kenya, i moved to eldoret in rift y valley province for education which later lead to settling in Eldoret, I am married to one wife and two kids whom i love so much.
After completing my Higher education in Kapsabet university i was posted to Eldoret town for attachment after these my boss decided to offer employment to few people who were on attachment i made it to be in the selected list and from here hard-work was a way to be in the job.
I worked for two years and managed to save money that i used to pay dowry for my wife whom was a student at the moi university.
I love my family and will support my kids with their education to see that they have achieved their dreams and made it life.
Am a football fun and am into reading articles so much. i like comedy shows.

My Business

I work at Eldoret polytechnic as a security supervise my work is to make sure their is security within the school and the security team is under control in case of any security threat.
My services is necessary as some students like breaking the law and causing distructions in the school my job is to maintain order-under my team we handle lots of issues and face lots of challenges.
Am on a monthly salary of 22,000 ken-ya shillings which i use to educate my children support my family and cater for basic needs.

Loan Proposal

Granted my second loan of 399 us dollars i will use to improve my home, Lenders its a while since i improved my living and home due to financial instability high raising needs expensive school fees and many factors that cant allow me to priorities my home improvement, My house is raining inside because of old iron sheets i have been planing to renovate the house do some extensions and restructure it to a modern house.
once i receive the loan i will buy 10 pieces of iron sheets at 80 us dollars,
3 Kilos of iron nails at 10 us dollars.
Bond-ex glue at 10 us dollars,
Timber at 100 us dollars,
Block boards at 61 us dollars,
Expansion of kitchen and buying a water sink, cement and two cartons of flour tiles for the wash rooms all at 80 us dollar,
50 us dollars to pay for carpenters and masons who will do the work,
8 us dollars for transporting materials to home.
The following materials will enable me to improve my home and make my family comfortable.
I will continue to pay the loan from my salary.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$403.01

Date disbursed

Jun 12, 2016

Repayment status

Late

Projected term

32 months

Cost to entrepreneur

Service fee: $16.58

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