Paying school fees for my son
Wilberforce
Kakamega, Kenya
100% repaid
Entrepreneur
Name
Wilberforce
Member since
April 2014
On-time repayments
334 installments • 78%
About Me
Wilberforce Meki Oyiengo was born in 1976 and a resident of Rosterman. I went to Madende primary, Madende secondary and did my diploma in Architectural at Weco college of applied science and technology.
I am the first born in a family of six.
I started a small business of buying and selling second hand household goods since I was not able to acquire a Government job.
The business includes sale used household goods like Television sets, Refrigerators, Furniture, Microwaves, radios. clients find it affordable to purchase some of this good that they cannot afford to get them while new due to high prices. The business sustains my family being the only source of income.
My Business
I sell second hand house hold goods. This is after I realized many people prefer buying goods at a reduced price than going for a new one.
My source of income has been contributions from relatives, my own savings and borrowing loans from financial institutions like banks which charged high interests that posed a challenge to me.
I buy house hold goods from people who expose them cheaply to solve financial challenges elsware and in turn sell them to others, sometimes i may repair before selling them at fordable price. for example a used up 21`` television is bought at 8 dollars. Then I sell at 12 dollars, while a new is sold at 20 dollars. other goods sold at the same price earns good money.
Loan Proposal
I ones again take this opportunity to request for a school fees loan, My son did his Kenya certificate of primary education and he has to report to school for his secondary education by latest 8 of February and right now i cant raise the required fee so please help me raise this money which i will be able to pay through my business comfortably other than forcing such amount from the business it might affect the capital, so please help and promise to work until i pay everything.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$954.00
Date disbursed
Feb 4, 2015
Repayment status
On Time
Projected term
3 months
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Summary
Amount repaid
$988.22
Amount remaining
$0.00
Date repaid
May 16, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 15, 2015 | $70.58 | Feb 15, 2015 | $70.58 |
| Feb 22, 2015 | $70.58 | Feb 22, 2015 | $70.58 |
| Mar 1, 2015 | $70.58 | Mar 1, 2015 | $70.58 |
| Mar 8, 2015 | $70.58 | Mar 8, 2015 | $69.48 |
| Mar 14, 2015 | $1.10 | ||
| Mar 15, 2015 | $70.58 | Mar 14, 2015 | $70.58 |
| Mar 22, 2015 | $70.58 | Mar 22, 2015 | $70.58 |
| Mar 29, 2015 | $70.58 | Mar 29, 2015 | $70.58 |
| Apr 5, 2015 | $70.58 | Apr 5, 2015 | $70.58 |
| Apr 12, 2015 | $70.58 | Apr 12, 2015 | $70.58 |
| Apr 19, 2015 | $70.58 | Apr 19, 2015 | $70.58 |
| Apr 26, 2015 | $70.58 | Apr 26, 2015 | $70.58 |
| May 3, 2015 | $70.58 | May 3, 2015 | $70.58 |
| May 10, 2015 | $70.58 | May 10, 2015 | $70.58 |
| May 17, 2015 | $70.71 | May 16, 2015 | $70.71 |
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