Workshop launching

Abraham

Bungoma, Kenya

75% repaid

Entrepreneur

Name

Abraham

Member since

March 2017

On-time repayments

9 installments  •  44%

About Me

hello my names are abraham muka from bungoma.i am 26 years of age.i come from ahumble background.am the last born in afamily of 11 siblings. during my childhood i was such ajovial kid and bright. i started my education at the age of seven and since my parents were poor they realy were struggling to pay my school fees.it got worse when i joined high school both my parent died and now i had to depend on my brother for school fees and up keep life hard until i nearly droped school because none my brothers had a stable job so i had to work so that i can pay my fees atyms but i struggled untill i finished my o level.that taught me to be hard working.in life to overcome hardship i do pray alot and seek advise from elderly people on how to overcome what ever situation i may be facing.my marrital status am still single so i dont have kids yet

My Business

i went to collage i did welding and fabrication.after that i got employed in nairobi where i worked for four years thats when i made enough money to start my own business.so i went back to bungoma and opened my own shop for tents making event organising and event decors...i make and sell tents and also have tents and chairs for hire av been in the event decor for seven years now and so i wanna expand my business by opening another shop for welding and fabrication to make doors windows gates and all kinds of fabrication to create more job opportunities to my fellow youth around .i come from apoor background where my parents strugled hard enough for me to finish my o level so they could not afford to pay for my further education that why i chose to learn the skill of th hand of wich am happy through suport from microfinances like you guys am closely get near to what i once dreamed to be...i am high spirited so i dont back down from challenges and dificult i face it. i started my own business by saving after evry end month until i bought my own welding machine thats when i opened ashop .the profit realized from the business i use to reinvest since i dont have a kid at the moment or better yet not married so i opted to venture into paultry though it has been achallenge but am working hard until it comes out succesful getting infor about it online and wi farm organisation for advise on how to go about. the rest of the profit use it to expand my shop by traveling around getting exposed getting new ideas and bringing them back to my shop to make me competitive to our rising market

Loan Proposal

i am going to use the loan in expansion of my business .since my area of specialization is fabriccation i wanna open another workshop to mainly deal with fabrication.so am gona start by buying equipments for safety like welding masks gloves angle square tape measure since i still qualify for asmall loan and then along the way as i continue to build my credit limit i will eventually buy the required machines.i need anew welding machine going at around $ 240usd grinder going at around $ 140usd .after i get that i will be good to start

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

May 15, 2017

Repayment status

Late

Projected term

5 weeks

Other loans

Lenders

MarktheMormon

Sandy, Utah, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

Ask Abraham a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$2.96

Amount remaining

$1.01

Expected completion

Jun 20, 2017

Status

Repaying late

Installment amount

$0.99

Repayment History

Expected Payments Actual Payments
May 23, 2017 $0.99 Jun 16, 2017 $0.99
May 30, 2017 $0.99 Jun 16, 2017 $0.99
Jun 6, 2017 $0.99 Jun 16, 2017 $0.99
Jun 13, 2017 $0.99
Jun 20, 2017 $0.02

Loading...