To stock my tailoring and dress making workshop
Lucas
Eldoret, Kenya
100% repaid
Entrepreneur
Name
Lucas
Member since
June 2015
On-time repayments
216 installments • 17%
About Me
My name is Lucas Ouma Aluoch. I was born on 10th June 1983 in Siaya County Alego Komenya Rabar near Nyaluanga School. I am the last born in our family of five children. I lost my father when I was still a little boy and grew up under the care of my mother who really worked hard to feed us and also take us to school. Being a house in area where land is scarce and crops never do very well, we struggled in life finally dropping out of school in class seven before I even sat for my exam.
I decided to come to Eldoret where I managed to learn tailoring from a friend of mine. After sometime, I decided to start my own work because what I was being paid was too little that could not sustain me, my mother as I was also now thinking about getting married.
Later own I got married to my wife Grace and we have one child. I work in Eldoret town and also serve as the Pastor of Glad Tidings Church in Kamukunji which I founded in the year 2013.
When I am free, I like reading my Bible and Preaching the gospel of Jesus Christ.
My Business
My business is tailoring and dress making. I do this and have realized that the demand is high because Eldoret as a town is growing very fast in population because of the may learning institutions in and around it.
After I dropped out of school, I was looking for something that I could do so as to earn a living . I had no money to pay to enable do any course but this friend was willing to train me for free.
I use mainly materials and this can give good profit if they are bought in bulk. At the moment I have materials worth about Kshs. 10,000 . From this, I make profit of around Kshs. 3,000 per week. This helps to pay my rent, feed my family and plough back some amount to improve my business.
Loan Proposal
I intend to use the whole amount to buy materials for the workshop. That is US$100. This I believe will increase my interest by at least US$30.
This will improve my work in that my customers will not be walking to go and look for materials but get them with me.
This will help me as follows; House rent 25%, Food for the family 30%, School fees for my child who is in kindergarten 15%, Tithe to the church and offerings 15%, 5% assistance for my mother and the other 10% will reinvest in the business.
Thanks in advance for funding my loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 15, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
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