Oyoo

Shabab, Kenya

16% repaid

Entrepreneur

Name

Oyoo

Member since

August 2013

On-time repayments

8 installments  •  50%

About Me

my name is sybelius oyoo. i live in langalanga estate in nakuru county.i am 24 years old married man to a wife with a child. from the shell bus terminus, board a vehicle that plies langalanga route through setalite. alight at Conner. facing zakayos building to your left you will see a four storey building written namu plaza. i live in namu plaza at room number 5.i run a boutique business in the same estate under the title baba cevo smart center. i have been in this business for the last 2 years. other than business, i am a sale executive at vision max media solutions a registered business that deals with advertisement.

My Business

as indicate din my profile above, i have been in business for the last 2 years and at the same time serving vision max as sales executive diligently. i currently have an average monthly turn over of KES 130000 out of which i get a net profit o f KES 32000.i have one employee on casual basis and intends to increase the number to two.i majorly deals in ladies wear and to a low percentage menswear.like in any other business, there are risks that i oftenly encounter that includes changes in weather conditions that in the event bears both positive and negative impacts of customer preference. in unlikely event that my business cannot support itself and at the same time service the loan, i will commit my salary towards loan repayment.

Loan Proposal

i will use the loan to purchase a new desktop computer.this will assist me in graphics design,i have registered a new business that is vision max media solutions it deals mostly with advertisments .i will also use some amount in production of the first issue. i will really appreciate your assistance thank you zidisha

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Sep 7, 2013

Repayment status

Late

Projected term

8 months

Lenders

A

anonymus

Moon, United States

Landei

Sandersdorf-Brehna, Germany

I

IDGflygirl

New Jersey, United States

joaoferraz

RINCHOA, Portugal

RogierEpping

Amersfoort, Netherlands

fk

United States

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  • Landei    Jul 1, 2014

    Hello Sybelius, how are you, and how is your business going?

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  • Oyoo    Apr 1, 2014

    Hi.zidisha team i herebye reshedule my current monthly installment to 3500,this is to allow me clear my current loan in the shortest period possible.previously i have been having challanges therefore i have not been able to clear the loan like i pledged.so far my business broken even and so far it is positively growing,im looking forwad to increase the production of the magazine to 1000 units monthly, this will capture large market thus high sales volume thankyou

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  • Oyoo    Mar 21, 2014

    hi zidisha, im taking this chance to reshedule my loan once again, previously it was 500 per month but its realy challenging. therefore, i find it convinient with 300 per moth i know that i am behind shedule with 3months and to allow me catch up i have to reshedule, i beleive that with time i will be back on track and will pay back as per the initial agreement thankyou very much for understandind once again

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  • Oyoo    Dec 24, 2013

    First may i wish you a merry x mass and a happy new year.i have really appreciated the reminder that you sent to my e mail yesterday. it has been long since I communicated lastly this has been due to lots of hastle in life. I had a younger brother who had been admited in the hospital for 3wks, he is ashmatic and the condition is usually extreem during cold spells. I have deposited 500 ksh in your account for my monthly loan installment.so far I produced the first issue of the magazine and it covered both November and December, the returns were not much but was good enough. my target is now to specialize on a magazine that will feature, mostly events and lifestyle this will be a competitive edge to my competitors. im very greatfull of your continued support may God bless you.

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  • Oyoo    Oct 24, 2013

    Its with great regret that i have decided to reschedule the payment to 25th November . The reason being late payment from my employer and also poor financial position of my business as per now,also the business magazine that i was to produce took a little bit longer due to a few challenges i had on registration with the government agencies which took place at a snails speed, i am now done with the registration process and i hope to produce the first issue any moment from now.i am kindly and humbly looking forward for the allowance to help me cope with the situation i hope you shall bear with my situation thank you

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    • Oyoo    Mar 28, 2014

      Hi,i deposited 300 ksh in your account due payment for march instalment have a good day

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  • Oyoo    Oct 11, 2013

    Hi zidisha community, its long since I last communicated I got involved in a road accident early this month.i have been nursing injuries .thank God am now okey. i am almost through with the production of the 1st issue of the magazine and intend to distribute it all over nakuru town, response was very positive and many firms needs advertisements so far.its called vision max and covers nakuru county, I pledge to deposit your previous loan fully in one phase I.e before 25th of this month may God bless your effort in supporting us. thank you

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  • Oyoo    Sep 18, 2013

    im really greatful for your loan i have purchased anew desktop computer and im looking foward to produce the first issue of the magazine thankyou very much zidisha and your staff for being there for us

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