Name
Wilfred
Member since
January 2015
On-time repayments
6 installments • 67%
I am Wilfred Bikundo male and born in Kitengela Nairobi Kenya.I studied in schools in my neighborhood until I was through with my high school education.my childhood was fun, I always played with my children and it was cheerful.my parents took care of me and ensured I had an education,i loved business from my childhood and everytime I was free I would alyways join my dad in his electronic shop and help him sell.I overcame hardship through hard work and trusting in God.after high school my dad helped me start an M-pesa shop with mobile phones on sale.I love technology,listening to music and watching movies
my business comprises being an agent for transfer of money through the mobile technology which has became the main way of transferring money due to its convenience.the provider of the services gives us commission for the transactions undertaken.everyday people receive payments and also transfer money through this means and this also need phones to do so that creating demand for both.I also sell mobile accessories.i chose this kind of business cause I love technology and because it is profitable.In a month i spend about $900 and make about $ 330 in profits.I use the money to pay for my son"s fee and also pay my bills and also save alittle for future expansion.
I will use the loan to purchase mobile phone accessories for my shop which would ensure increased profits by a good margin of about 20%this would help improve my families living standards and also make life much better.thanks lenders and hope my loan will be funded.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 30, 2015
Repayment status
On Time
Projected term
6 weeks
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