Loan to pay school fees for my daughter
Luka Ligaro
Eldoret ,kamukunji Bondeni Estate, Kenya
4% repaid
Entrepreneur
Name
Luka Ligaro
Member since
April 2015
On-time repayments
115 installments • 33%
About Me
My names are Luka Ligaro Kavundende born in 1965 in Kenya ,Kakamega county .I was privileged to go to school that is primary school up to Primary school level ,the I also went to High school up to form two and dropped out due to lack of school fees.
I am married and God has enabled me to have four children.
Due to poverty in our family after dropping out of form two I was forced to start looking for ways of survival and that is how I ended up relocating from kakamega county to Eldoret Town were I live up to now looking for a job in 1988
My Business
My business is transportation pushing cat (commonly called Mukokoteni).I have been doing that business since 1988.
Due to lack of school fees to proceed in my education and poverty I decided to be self reliant thus I decided to start my own business.
I chose the business because the demand for carrying goods for people in Eldoret Town is very high and most of the people here they don't want that business because it makes them look as is they never went to school but any way it is the best service business I have ever done the returns are very high.
I normally earn between 7 to 16 Us dollars a day the business has enabled me to buy my own piece of land were by I have build my house thus I don't rent a house also my first two children are in high school and due to savings from it I have been able to pay for their school fees conveniently.
Loan Proposal
Thanks very much dear lenders for giving me opportunity to get funding from you it has been of great help to me.
I wouldlike to propose that given funding I will use all the 381 Us Dollars to pay school fees balance for my for daughter who just joined form one .
Loan repayment will be done as before from the proceeds of my Mkokoteni business.
I look forward to your help.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$381.00
Date disbursed
Feb 25, 2016
Repayment status
Late
Projected term
19 months
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