Tuition for college short course

Erick

Bombolulu, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

February 2015

On-time repayments

103 installments  •  50%

About Me

Am a Kenyan man aged 25 years.I was born in a polygamous family with two brothers,one sister and three step brothers.My mum is the second wife to my dad and am the second last born in our family.My mum passed on when i had completed my primary level class eight in the year 2004 leaving my dad unable to take care of us.I fortunately managed my fourth form in 2009.I enrolled for my college studies but the financial state of my father could not allow me anymore proceed anymore so i had to drop out to upkeep myself because i had moved from the village to the coastal town called Mombasa.Since i needed rent,food,clothing and several other necessities,i was desperate for a job or any other business to help cope with life.My younger brother too needed assistance from me since my step brothers were not stable too to assist and had their own families to take care of and my elder brother who took me from the village had been sacked from where he was working hence was unemployed by then.

My Business

I started buying phone accessories ranging from covers,batteries,watches from wholesale traders and selling them to my clients at a rented stall in town.I could manage to get a double income that helped me pay for the rent and meet my needs.
I later started selling chargers,memory cards,and by then through the knowledge i had gained from phones,i now can service phones,change mic and do flashing something i learn t from a technician i was close with.
I found this business so easy to operate and good income since i have very few competitors around me as it is also convenient for me as it gives me time to break on a weekend to attend church services.
On a good day i make sales up to 4000 and on low sales they turn to 1500.
From the profits i get,i pay rent for the stall,pay for my house rent,pay my younger brother's rent who is in college in another town,and sustains me and fare as well.

Loan Proposal

I have realized that this field of digital age needs brilliant brains. After thorough research it hit me that i had to undertake a short course to enhance my job and sharpness in what i do. Flashing a mobile phone isn't that east, a little mistake will end up spoiling that phone.
A friend told me that with computer programming and even c++ also widen the knowledge and will help me apply the basics.
I have managed to raise fifty dollars for registration and part of tution which left me with a deficit of around eighty dollars which i am supposed to pay in installments.The remainder will go to boost some small stock. If i happen to receive your help, i will enroll part time immediately this November and by January i will be through and embark to my normal duty in my shop but full of knowledge and much expertise.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Nov 11, 2016

Repayment status

On Time

Projected term

2 months

Lenders

ads68

Melbourne, Australia

Lily

Australia

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Summary

Amount repaid

$90.92

Amount remaining

$0.00

Date repaid

Jan 25, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 20, 2016 $10.07 Nov 27, 2016 $10.07
Nov 27, 2016 $10.07 Dec 4, 2016 $10.07
Dec 4, 2016 $10.07 Dec 19, 2016 $10.07
Dec 11, 2016 $10.07 Dec 24, 2016 $10.07
Dec 18, 2016 $10.07 Jan 7, 2017 $10.07
Dec 25, 2016 $10.07 Jan 15, 2017 $10.07
Jan 1, 2017 $10.07 Jan 23, 2017 $10.07
Jan 8, 2017 $10.07 Jan 23, 2017 $10.07
Jan 15, 2017 $10.07 Jan 25, 2017 $10.07
Jan 22, 2017 $0.26 Jan 25, 2017 $0.26

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