Entrepreneur
Name
Wilfred
Member since
April 2017
On-time repayments
265 installments • 74%
About Me
Am wilfred okoth from busia county to be precise burumba area. We grew up in the same area as siblings and now used to the area. am currently running a small shop to earn a living, this was generated from small savings that were saved after being employed in a certain car wash. It is very exciting where i live as many youths don't indulge in idling, they are work oriented,I have been blessed with two daughters of which one when she grows up she wants to be a dentist and the other one is not of school going age. Love being occupied with some thing to do, i hate half baked jobs (work.)
My Business
As described a above i run some small retail shop in my area. i sell things like floor, cooking oil,salads, match boxes , just to mention but a few. i chose this type of business because of the nature of savings i had gunnered from my previous job(car wash).i use my profits partly to expand my business and also for my family's up keep.
Loan Proposal
I will increase my stock, i will buy things like 2 bales of flour that will cost$25, this will enable consumers to have maximum supply of goods. since with shops the profit margin is not all that big i expect a profit margin of $35.
My Videos
Sep 12, 2021: Retail shop
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Loan Info
Project Type
Classic Loan
Disbursed amount
$26.00
Date disbursed
Apr 27, 2017
Repayment status
On Time
Projected term
6 months
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