Food retail

Wilfred Okoth

Burumba, Kenya

100% repaid

Entrepreneur

Name

Wilfred Okoth

Location

Burumba, Kenya

On-time repayments

190 weekly installments  •  99%

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

With this amount i will be able to purchase the following for my shop: 1 bale of flour worth 15 dollars, 20 liters of cooking oil worth 20 dollars and the remaining 4 dollars will be used to purchase matches.This will have an adverse effect on my life and to my customers too. my customers will have ready goods and services and for the profits will enable pay school fees for my little once.I expect profits worth 15 dollas.

My Videos

Sep 12, 2021: Retail shop

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$38.90

Date disbursed

Jul 25, 2017

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Service fee: 5% of $38.90 = $1.75

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Thompson

York, United Kingdom

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

RW

Ronald Waite

United States

Ask Wilfred a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...