Help! Bank loan, parents, siblings and girlfriend are draining my salary

Financial stability doesn’t happen overnight, but with a structured plan and perseverance, you can make significant progress. Take one step at a time and you will begin to notice the progress.

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My name is Clarence. I'm in my early 30s and a father of a two-year-old boy. I grew up on half-acre shamba.  I'm the firstborn and the only son in a family of six, with unemployed and low income earning parents.

I earn Sh79,000 after statutory deductions. I took a bank loan of Sh1.5 million to be repaid by November 2026. This loan has monthly premiums of Sh28,366. 

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