190 weekly installments • 99%
Am wilfred okoth from busia county to be precise burumba area. We grew up in the same area as siblings and now used to the area. am currently running a small shop to earn a living, this was generated from small savings that were saved after being employed in a certain car wash. It is very exciting where i live as many youths don't indulge in idling, they are work oriented,I have been blessed with two daughters of which one when she grows up she wants to be a dentist and the other one is not of school going age. Love being occupied with some thing to do, i hate half baked jobs (work.)
As described a above i run some small retail shop in my area. i sell things like floor, cooking oil,salads, match boxes , just to mention but a few. i chose this type of business because of the nature of savings i had gunnered from my previous job(car wash).i use my profits partly to expand my business and also for my family's up keep.
The purpose of the loan is to increase the stock in my kiosk which are mostly needed by the people around.
wheat flour 5 bales at 125 dollars
maize flour 2 bales at 24 dollars
cooking oil 100 litres at 200 dollars
juices and several snack worth 161 dollars
The above will be of great benefit to me and my customers because they will have increased stock and never to move far to look for the items.
Sep 12, 2021: Retail shop
Mar 25, 2018
Cost to entrepreneur
Service fee: 5% of $509.37 = $22.89
Credit risk payment: $45.80