Delivering fresh fish to hotels

Wycklife Abok

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Wycklife Abok

Member since

May 2014

On-time repayments

137 installments  •  45%

About Me

I was born and raised in Nyakach district of Kisumu county. I did both my primary and secondary education there before moving to Nairobi where am doing my business. I like the most challenging things in life such as solving puzzles and playing games. I also like reading novels and watching the movies. In my business, I have been able to have a source of income to support myself and my family. My desire is to grow my business in a level to offer employment to others.

My Business

My line of business is the selling of white meat to hotels and individual consumers. I sell both fish and chicken at the city market in Nairobi's central business district located in biashara street. The future of this market is bright going by the constant growth in the demand I have witnessed in the past period of time being promoted by the campaigns against the heavy consumption of the red meat on health grounds.

Loan Proposal

I am looking for $150 to stock my shop with the fresh fish for supply to the hotels and individual customers. By using that amount, I would be able to get a net profit of $100 which I would plug back to the business even as I repay the loan on a weekly basis. This will benefit me by having the much needed capital to grow the business and also through the experience I already have in the business together with the ready market I have in hotels, my lenders are assured of the timely payment.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.44

Date disbursed

Jun 17, 2014

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $150.44 at 5.90% annual rate over 2 months = $1.54

Service fee: $0.93

Lenders

EricDWalters

Rochester, Mn, Usa, United States

M

marcelitohb

Bremen, Germany

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

A

angelapeat01

United States

Bjorn

Heggedal, Norway

Leonardia

Waddinxveen, Netherlands

D

dk1234

Netherlands

Sputnik

Switzerland

H

hixeu

Belgium

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