51 installments • 41%
I am Calvince Otieno Odhiambo born in 11/08/1989 in Rongo Kamagambo south Migori county.I am the first born in a family of three children,two boys and a girl.I went to Tonye primary school and did my kcpe examination in 2007 and later went to Nyachenge secondary school where I drop out of school due to lack of school fees.My mother died in 2003 and my father was suffering from stroke,he couldn't pay school fees and life was not bearable.In September 2011,I went to Uriri youth polytechnic where I did carpentry and joinery and completed my course in December 2013. I went to Bondo town to search for jobs, i got series of jobs earn a living and i am working until to date.I got married in january 2015 and Mighty God blessed me with a baby girl. She is still very young and cannot make her future decision on her carrier. In our Rongo,we usually receive adequate rainfall which is good for farming, cattle keeping, business and we also experience cool breeze from Kisii highlands.During my free time, I like reading bible, magazines, watching football premier leagues of various countries .
In carpentry and joinery, I mostly get some joinery contracts like fittings,roofs construction form works,repairs of various building structures. With this, it helps me earn a living, support my work,cater for family needs.After completion of most jobs,I remain with some money which really help me to purchase food for the family, buy clothes, pay school fees for my brother and sister who are still going to school, cater for transport to and from work sites,pay also other bills. This works pays nicely,easier than other tiresome activities.
The disbursed loan will be used to pay the remaining school fees balance at a cost of 15000 KES,good quantity of timber for building roof at a cost of 10000 KES,horse pipe for leveling at a cost of 2500 KES,new spirit level at a cost of 2000 KES, wood preservatives and oil at cost of 3500 KES,new varnish paints at a cost of 600 KES,professional wood glue at a cost of 500 KES,claw hammer at a cost of 600 KES and tape measure at a cost of KES 200.Net income of the business will be increased by 50% .This income will be used to buy equipment, materials, paying school fees,clothes,food, and paying bills. This will improve living standard of a family, monetary status increased and financial and mental stress free.Thanks for lenders support.
Mar 14, 2018
Cost to entrepreneur
Service fee: $33.78
Credit risk payment: $67.57
Calvince opted to pay $357.39 into the Zidisha Members Loan Fund in return for a higher starting credit limit.