Joseph Odhiambo
Eldoret Town. Uasin Gishu County, Kenya
100% repaid
Name
Joseph Odhiambo
Member since
May 2016
On-time repayments
117 installments • 66%
My name is JOSEPH ODHIAMBO ONYACH. I came from a low life family having been a last born out of two children. I didn't get the chance to advance in academic due to sudden loss of my parents. I am a form 2 drop out due to luck of school fees. I was introduced to urban settlement having acquired a job at a nearby restaurant working as a cleaner, whereby with the small savings, I managed to start a small business of fruit selling.
My business has always been good given that I knows how to manage it and to raise money to sustain me. Its quite a paying job. I can take of my family with this business and I thank God for it.
With this loan, I have found another shop which I have set up so as to improve in business and expand widely. Currently I lack the stock so with this loan, I will be able to enhance in business. The current price per 1bale of a mitumba sells at 9$ dollars. This amount gives me up to 2bales. This will adds me a stock for a boutique combined with all kinds of fashion wares. With my profit of 1500 per week, I will be able to do more with my business.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$186.88
Date disbursed
Sep 5, 2017
Repayment status
On Time
Projected term
14 months
Cost to entrepreneur
Service fee: $7.44
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