Pay tax

Gilbert Biwott

Eldoret, Kenya

98% repaid

Entrepreneur

Name

Gilbert Biwott

Member since

October 2016

On-time repayments

32 installments  •  78%

About Me

I started my education in Kiptagat Primary School, then later I joined Ki tale Boys High School. I joined Eldoret University Chepkoilel campus for a diploma in business management. While in school, I secured a loan and opened a shop.
The business improved; I managed to repay the loan and sustain myself while in school.
I like playing football and swimming.

My Business

I sell food stuffs in retail and at wholesale prices. The place that I set up the shop is in the outskirts of the town and many people with small shops find it reliable to buy food stuffs in wholesale price from my shop rather than travelling to town. I also had to reduce my prices so as to attract customers. I started this business with 500 US dollars and now I have managed to increase the capital to 800 US dollars, Though I face a slow increase of stock, I see potential and I will one day grow bigger and open a supermarket.
I aim to establish a good relation with my customers and establish a profitable business.

Loan Proposal

I will use this loan to pay for my shop yearly tax which is 58 us dollars.
I will then be fully authorized to operate the shop, I believe this holiday season demand for food stuffs will increase.
Thank you so much.

Show original English  

About Me

I started my education in Kiptagat primary school then later i joined Ki tale boys high school. I joined Eldoret university chepkoilel campus for a diploma in business management. While in school i secured a loan and opened at shop.
The business improved i managed to repay the loan and sustain myself while in school.
I like playing football and swimming.

My Business

I sell food stuffs in retail and wholesale price, The place that i did set up the shop is in the outskirts of the town and many people with small shops finds it reliable to buy food stuffs in wholesale price from my shop rather than travelling to town. I also had to reduce my prices so to attract custormers, I started this business with 500 us dollars and now i have managed to increase the capital to 800 us dollars, Though i face a slow increase of stock i see potential and i will one day grow bigger and open a surpermarket.
I aim to establish a good relation with my custormers and establish a profitable business.

Loan Proposal

I will use this loan to pay for my shop yearly tax which is 58 us dollars.
I will then be fully authorized to operate the shop, I believe this holiday season demand for food stuffs will increase.
Thank you so much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$43.15

Date disbursed

Dec 25, 2016

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $1.79

Lenders

RandyPetersen1

Colorado Springs, United States

ohlandtmann

Moorestown, United States

L

lilbsedz

Raleigh, United States

T

Tui1974

nuenen, Netherlands

HMS_5th_Grade

Honolulu, United States

chadgibbs

Loveliest Village, United States

davidt

San Francisco, United States

B

Britteva

Oslo, Norway

J

jonaronningen

Trondheim, Norway

N

netsirkd

Highland, United States

P

pastabox

New York, United States

Richard100

Santa Ana, United States

nmatpt

Lisboa, Portugal

S

solarkismet

Logan, United States

U

UTLonghorn

Lincoln, United States

B

Britams

Amsterdam, Netherlands

JFais

Atlanta, United States

KL

Ket Lin

United States

Humble Bundle Community

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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