Survival at Stake because of Bankruptcy
Fundraising campaign by
Vivek VN
-
US$10.00raised of $51,500.00 goal goal
No more donations are being accepted at this time. Please contact the campaign owner if you would like to discuss further funding opportunities
Campaign Story
Friends,
First of all thanks for reading. I am Vivek and looking for all your help to recover from my debts. It all started in the year 2012 and the biggest mistake was when I decided to opt for a personal loan to close an education loan. I lost my dad when I was in school and I completed my graduation with the help of donors and bank loans.
I was not earning a handful salary and had difficulty to make ends meet (expenses and loan payment). So, I started a small-scale food business to get some additional cash which was running successfully in the initial stage. So,I decided to partner with an acquaintance to expand my business. Despite my acquaintance making the majority of investments, I took some loans (unstructured loans and pledging jewels) to support the business. The next mistake I did was to quit my job to focus on the business full time. The business despite running fairly well didn't bring in liquid case to payback my lenders, then my business started going down because of poor financial planning and growing debts.
At that point of time, I was out of a job and all debts becoming over-due. I have accumulated a debt of 35 lakhs which I have to pay the banks and other money lenders.
With all avenues closed, I'm now here to request all your help to help me repay the debts. Please share your contact information so that I can repay this gesture once I gain some financial stability. You can always verify my details and reach out to me.
Thanks again for all your help.
Fundraising Team
- Vivek VN
- Campaign Owner
- Arun Kannan
- Socail Media Manager
Donors
- Arun Kannan
- Donated on Feb 07, 2019
- Arun Kannan
- Posted On Feb 07, 2019
I’ve known him for 20 years and seen him face all this trouble. I’ve seen him face all the pressure and his suffering due to a lack of financial backing. My wishes to him to have a successful campaign and solve all his financial trouble.
No updates for this campaign just yet
Donors & Comments
- Arun Kannan
- Donated on Feb 07, 2019
- Arun Kannan
- Posted On Feb 07, 2019
I’ve known him for 20 years and seen him face all this trouble. I’ve seen him face all the pressure and his suffering due to a lack of financial backing. My wishes to him to have a successful campaign and solve all his financial trouble.