Entrepreneur
Name
Vincent Omao
Member since
March 2018
On-time repayments
42 installments • 43%
About Me
I am a middle aged Kenyan man dreaming to make it big in life. Am located in Kisii town a busy business hub in western part of Kenya.I am married with two kids.
My Business
I deal in second hand clothes which I source from Nairobi. I have been in this business for the past 24 months so it's a venture that am well versed in.
Loan Proposal
I plan to stock my second hand clothes shop to meet a sudden surge in demand. This is a venture that I have been doing over two years so I understand it's market dynamics very well. My business can comfortably support monthly loan repayments of Kes 30,000.00
I am taking this loans so as to build a good credit history with zidisha for higher loan limits in the future.
Income Source
True covid has delt a big blow to many businesses mine included. Compared last year I am now doing about 70percent of what I used to do pre covid times. So I still can manage to meet my financial obligations without much difficult.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$243.89
Date disbursed
Aug 6, 2020
Repayment status
Late
Projected term
9 months
Cost to entrepreneur
Service fee: $21.61
Credit risk payment:
$23.76
Optional expediting fee:
$21.61
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