Buy two used motorbikes for Transport service

Wilberforce

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Wilberforce

Member since

April 2014

On-time repayments

334 installments  •  78%

About Me

Wilberforce Meki Oyiengo was born in 1976 and a resident of Rosterman. I went to Madende primary, Madende secondary and did my diploma in Architectural at Weco college of applied science and technology.
I am the first born in a family of six.
I started a small business of buying and selling second hand household goods since I was not able to acquire a Government job.
The business includes sale used household goods like Television sets, Refrigerators, Furniture, Microwaves, radios. clients find it affordable to purchase some of this good that they cannot afford to get them while new due to high prices. The business sustains my family being the only source of income.

My Business

I sell second hand house hold goods. This is after I realized many people prefer buying goods at a reduced price than going for a new one.
My source of income has been contributions from relatives, my own savings and borrowing loans from financial institutions like banks which charged high interests that posed a challenge to me.
I buy house hold goods from people who expose them cheaply to solve financial challenges elsware and in turn sell them to others, sometimes i may repair before selling them at fordable price. for example a used up 21`` television is bought at 8 dollars. Then I sell at 12 dollars, while a new is sold at 20 dollars. other goods sold at the same price earns good money.

Loan Proposal

I am willberfor meki oyiengo from Kakamega Kenya East Africa. I buy and sell second hand goods like, Motorbikes, Radio, Television, Table, Chairs, Bicycles etc, I conceived this vision of buying and selling second hands goods the time i realized in the community we have people who own things they don't us while others are looking for the same things but they cannot afford, the business is doing very well though i have had a challenge with capital but my hope were revived when i come a cross Zidisha, because the first loan enabled me to but tow bicycles which i soled almost double, please assist me get this loan of 430$ which will enable me buy two motorbikes, one second hand motorbike is a bout 200$ and it can raise me about 250$, thank you in advance, i promise to be honest.

Feedback

16

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$444.00

Date disbursed

Jun 17, 2014

Repayment status

On Time

Projected term

3 months

Lenders

J

jeffb

United States

EricDWalters

Rochester, Mn, Usa, United States

KYLE LARSON

Little Falls, United States

Kitty

Hailsham, United Kingdom

P

Philippe

Adliswil, Switzerland

mraph

Virginia, United States

Eduard

Dnepr, Ukraine

N

netsirkd

Highland, United States

Zal0m0n

Atlantis!!!! x), Mauritania

gseletko

South Perth, Australia

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

Matthieu

Switzerland, France

Matching Fund

Sterling, United States

KrautFunding

Hamburg, Germany

R

roozbeh

United States

T

TrademarkMan

United States

L

LittleJohnny

United Kingdom

Vesa

Helsinki, Finland

N

nickkoto

United States

D

dk1234

Netherlands

Sputnik

Switzerland

H

hixeu

Belgium

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  • Rebecca    Jan 8, 2021

    Wilberforce apologized for bein late on his payments, he promised to resume paying the loan once his income becomes stable

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  • Wilberforce    Nov 17, 2020

    My business is not stable enough to pay full amount.

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  • Wilberforce    Oct 6, 2020

    Not able to pay full amount at once

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  • Wilberforce    Aug 20, 2020

    My business was affected and for now I can't pay full amount by now

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  • Wilberforce    Jul 8, 2020

    My business is not stable enough to pay

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  • Wilberforce    May 23, 2020

    My phone was used to borrow the loan, I have just followed the link, please instalment is too much for now

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  • Janet    Apr 27, 2020

    i spoke Wilberforce Oyiengo he said his finances are a bit low but he is doing his best to make the payments soon.

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  • Timothy    Mar 28, 2020

    I have talked to Oyiengo, he has said his income is unstable.

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  • Eunice Atieno    Mar 25, 2020

    He has requested zidisha for more time since now he does not have good income.

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  • Edwin    Feb 24, 2020

    Hi lenders, I've contacted a contact in his list to reach out. Kindly hold on as I await further communication.
    Thanks.

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  • Wilberforce    Jan 9, 2020

    Not able to pay now such amount of money.

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  • Wilberforce    Nov 27, 2019

    I never received all the money that is why I am not able to pay full amount

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  • Wilberforce    Oct 7, 2019

    The problem started from loan disbursement the 25 percent less from my loan still affects me.

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  • Wilberforce    Aug 22, 2019

    You only gave me a half of the loan I borrowed and this makes it difficult to pay full amount if didn't get all the amount.

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  • Jennifer    Aug 10, 2019

    Hi Wilbertforce,
    would you be able to send a brief update about our business? Even small repayments will make a difference to the lender community. Thank you very much and all the best,
    Jenny

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  • Wilberforce    Jul 4, 2019

    My business is still down to raise the expected amount.

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  • Wilberforce    May 23, 2019

    The loan I received was less with almost 40% this affected my business.

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  • Margaret    Apr 13, 2019

    Hi Wilberforce,
    I see you are making payments on your loan and the lenders all appreciate that. It is good too you have kept us posted about your business. Please remember it is better to make a small payment rather than non at all because this effects your ability to borrow in the future. Best of luck to you. Regards, Margaret

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  • Wilberforce    Mar 18, 2019

    I was not given the amount I applied for and affected my business.

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  • Wilberforce    Dec 19, 2018

    My business is down right now.

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