53 installments • 77%
My name is William, a husband and a father of 4 children. I live in Nairobi - the capital city of Kenya but originally from Makueni which is in the Eastern side of Kenya. Makueni is an arid area and I grew up in this harsh environment. I managed to clear my primary and secondary education in spite of many hurdles and finally settled with my relatives in Nairobi in search of a better live.
After I relocated to Nairobi, I enrolled in training institute where I learnt dressmaking and general tailoring. Upon graduation and with help of family members, I started my own business where I make clothes for both sexes and also repair work. I have been in this business for 12 years now and I am glad that it has given me and my family a daily bread.
I will use the entire amount to buy rolls of fabric which I will then use to make garments. I will be able to save a lot of money since I will buy at a discount. I will be able to serve my clients with ease since I will have enough material to do the work.
My wife is in gainful employment and she can help me repay this loan in case the unexpected happens.
May 20, 2021
Cost to entrepreneur
Service fee: $3.80
Credit risk payment: $19.01