Stock increase

Wilfred Okoth

Burumba, Kenya

100% repaid

Entrepreneur

Name

Wilfred Okoth

Location

Burumba, Kenya

On-time repayments

190 weekly installments  •  99%

About Me

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.)

My Business

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.

Loan Proposal

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.

My Videos

Sep 12, 2021: Retail shop

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$509.37

Date disbursed

Mar 25, 2018

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: 5% of $509.37 = $22.89

Credit risk payment: $45.80

Lenders

ErikN

Stockholm, Sweden

A

awecz

Prague, Czech Republic

C

chrisherron

Chicago, United States

JonB

London, United Kingdom

SP

Stephen Phillips

Southampton, United Kingdom, United Kingdom

Dave Bogard

New York, United States

W

Wade

United States

KO

Kevin OBrien

Denver, CO USA, United States

Kevin

San Francisco, United States

MG

Meron Gribetz

United States

George

Corvallis, Oregon, United States

G

GS2

Germany

Thomas

Sweden, Sweden

LD

Luã de Souza

Sydney, Brazil

K

Katka

St Albans, United Kingdom

V

Vidar

Oslo, Norway

RC

Rudi Chen

United States

Carla

United States

MB

Mark Blatter

United States

SA

Steve A

Newbury, United Kingdom

HPK

Switzerland, Switzerland

BW

Betty Waweru

United States

C P

Mazatlan, Mexico

Angela Linwood

Minneapolis, Minnesota, United States

A

AJ

United States

RT

Rob Torti

United States

United States

RG

Ravi Gadad

United States

Bill Ballew

Kansas City, Missouri, United States

I

ixeldog

atlanta, United States

JA

Jan Andresen

Hamburg, Germany

M

mani

United States

SA

Shar Alamdari

Los Angeles, United States

Ryan Keller

Hong Kong, Hong Kong

J

jeananne

United States

MP

Matt Patton

United States

A

Auguste

Switzerland

Andreas

Black Forest, Germany

Martin Kraus

Traiskirchen, Austria

Benjamin Kniaz

Boston, United States

WS

Warren Shen

United States

chessplayer

Berlin, Germany

ES

Evan Simons

United States

Cora and Andi

Frankfurt, Germany

JA

Joshua Axtell

United States

SM

Sue MacFarlane

United Kingdom

MC

Mike Collura

United States

IC

Ian Coutts

Chicago, USA, United States

Paul Buchheit

Mountain View, United States

We Not Me

St. Paul, Minnesota, United States

Ask Wilfred a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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