John Ochieng`
Likoni, Kenya
35% repaid
Name
John Ochieng`
Member since
June 2014
On-time repayments
35 installments • 51%
I am John Ochieng` Wasike, I was born from western Kenya, Busia District, Ikonzo Village. I went to Ikonzo Primary school that I sat for My KCPE Exam in 1996 and later i joined St.Joseph`s Bumutiru secondary School and finished my O-Level in 2000.I am the only Son. I am a married man to one wife. I ventured into a business to earn a living and help me to raise my cousin’s school fees. During my free time i also train martial arts students and Aerobics for fitness
I operate a shop of selling food Commodities, sanitary towels and cereals. My customers prefer my business because i sell cheaper than the other Retailers. The business is profitable because of high returns, the risk that I face is competition from other shops after they noticed that I have many customers because my commodities are cheap thus i am forced to go and collect my goods from the main distributors. I want to improve it by adding more products to meet my customers demand and make more profit that will enable me to repay this loan on time.
Hi Lenders! Here I come again for the second loan to buy a fridge which I will use to keep pure drinking water cold which is surely bottled water in different varieties. if my loan is funded in full, i will use the entire amount to purchase a fridge to keep my customer in need of cold water during this hot season.however, with the purchase of the fridge my profit margin will increase by 50% of which will enable me to repay the loan funded easily. i will be very happy to see my customers taking clean and purified water for their hygiene.Thanks
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$142.00
Date disbursed
Apr 7, 2015
Repayment status
Late
Projected term
3 months
Other loans
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