Okoth Billy

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Okoth Billy

Member since

July 2013

On-time repayments

13 installments  •  31%

About Me

I am a Kenyan citizen aged 24 years and a businessman. I am a hardworking person with very good entrepreneurial skills. I hold a diploma in business management and has been in business for a period of two years. I am married and live with my wife and son in an estate located about 4 kilometers from Nakuru town, in Nakuru County of Kenya. I have very good interactive and communication skills which enabled me to interract well with my clients and also attract and retain new customers to my business.

My Business

My business is located in Nakuru town within the CBD and majorly deals with computer services. The business operates under the name of Markos Computer services. I have operated this business for about two years now and I have experienced massive growth and expansion over the years since its inception. The business is located in a busy street within the town and this has enabled it to drawn the attention of many clients who seek the services and products offered by the business. The main products that the business deals in include sale of printing and photocopying papers, binding covers and spirals and other stationery. The services include printing, typing, photocopying, scanning, lamination, binding and internet services.

Loan Proposal

I WILL USE THE MONEY TO ADD MORE STOCK TO ENABLES ME TO GENERATE MORE INCOME AND TO BETTER UP MY BUSINESS AND TO HELP ME GET MORE CUSTOMERS TO BUY MA PRODUCTS .I ALSO GET MORE MONEY TO HELP ME IN INTRODUCING SOME OTHER MORE PRODUCTS WHICH I DON'T HAVE AT THE MOMENT .IT WILL ALSO HELP ME TO EXPAND MY BUSINESS AS I WILL BE IN POSITION TO GET MORE CAPITAL FOR MY PRODUCTS .I ALSO PLAN INCREASE MY SHOP CAPACITY

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.84

Date disbursed

Aug 24, 2013

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Lender interest: $99.84 at 1.92% annual rate over 14 months = $2.33

Service fee: $4.33

Lenders

bluntpixel

Durham, United Kingdom

M

michaelkwolek

Boulder, United States

J

jjonas

berlin, Germany

T

theotherjen8

Dunkirk, United States

SeeMeeFi

Ontario, Canada

T

tuttifrutti

tulare, United States

Dragonfly

Red Deer, Canada

J

johanwinnubst

Amsterdam, Netherlands

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