Purchase sewing machines towards women financial independenc
Luke Pete
Nairobi, Kenya
3% repaid
Entrepreneur
Name
Luke Pete
Member since
November 2016
On-time repayments
34 installments • 3%
About Me
I grew up in the rural areas of Kano plains in Kisumu county. I am a graduate from the University of Nairobi with 2nd upper hons in Bcomm Finance. Finding a job in our country has never been that easy but that does not mean we shouldn't think outside the box and thrive to achieve our goals.
I am a lover of fashion and so I have been doing fashion events hosting designers and help them to showcase their products to the general public at large. This journey has not been easy but I have always managed to rise above the storms that come with it.
My greatest ambition came to life when I once heard someone talk about brands that last, and he said that the "brands that last are those that touch people's lives". This is when I decided to take my fashion events to the next step and the business "Cherehani" was born.
In my home village we do live as a community and we really go well by the saying of sharing is caring, we are our brothers and sisters keepers in all and everything that we do. It makes life to look so easy and full of fun without any struggles.
My children, I guide them through life and when the time comes when they will be mature enough, I t will be my joy to see them make informed decisions on what their real passion would be in whatever they would want to venture into, they shall have my full backing and support. Right now all Ihave to do is to help shape and create that path for them.
I am really passionate about fashion and love to support and help grow women of the society, because in that way women form a backbone to our development and growth to a great extent.
My Business
Purchase of sewing machines for women empowerment.
Loan Proposal
Having started Cherehani organization in 2014, it has since grown to realizing its purpose of helping women gain financial stability through the issuance of sewing machine to the less fortunate women in the marginalized regions in Kenya.
Raising this loan would go far in helping another 15 members in the Cherehani program realize their dream of attaining self independence financially through receiving a sewing machine to help them set up a business enterprise.
We plan to buy 15 sewing machines each valued at a cost of USD 95. These shall be given to 15 women who shall thereafter use them to generate revenue through workmanship and pay for them later in installments to settle the cost. By this time this woman will be establishing thriving business units and in return get their financial independence as they will now be having a running business. They can therefore even amongst themselves get to borrow money to expand and grow their own business via the revolving fund option that they are entitled to join in the Cherehani plan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,441.00
Date disbursed
Apr 11, 2017
Repayment status
Late
Projected term
7 months
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