Okoth Billy

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $101 goal

0

days left

Entrepreneur

Name

Okoth Billy

Member since

July 2013

On-time repayments

13 installments  •  31%

About Me

I am a Kenyan citizen aged 24 years and a businessman. I am a hardworking person with very good entrepreneurial skills. I hold a diploma in business management and has been in business for a period of two years. I am married and live with my wife and son in an estate located about 4 kilometers from Nakuru town, in Nakuru County of Kenya. I have very good interactive and communication skills which enabled me to interract well with my clients and also attract and retain new customers to my business.

My Business

My business is located in Nakuru town within the CBD and majorly deals with computer services. The business operates under the name of Markos Computer services. I have operated this business for about two years now and I have experienced massive growth and expansion over the years since its inception. The business is located in a busy street within the town and this has enabled it to drawn the attention of many clients who seek the services and products offered by the business. The main products that the business deals in include sale of printing and photocopying papers, binding covers and spirals and other stationery. The services include printing, typing, photocopying, scanning, lamination, binding and internet services.

Loan Proposal

the loan will help me to increase the volume of my sales, i will use 8000 in ensuring i eit some required stock in the shop by the customers ,4000 i will use it in buying a binding machine which i will use in binding the documents as i will be in apposition of giving out all my services in a quality way, the remaining 4000 i will use it to make sure i get some enough stock like photocopy papers ,and binding covers

Feedback

3

None

2



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.87

Date disbursed

Feb 23, 2014

Repayment status

Late

Projected term

5 weeks

Cost to entrepreneur

Lender interest: $100.87 at 10.89% annual rate over 1 month = $1.06

Service fee: $0.35

Lenders

AWOL

USA, United States

EricDWalters

Rochester, Mn, Usa, United States

Cadwah

Barcelona, Spain

Jason

Auckland, New Zealand

Sarasota

Sarasota, Fl, United States

A

Anonymous

United Kingdom

Matching Fund

Sterling, United States

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

Please log in to comment.

  • Cadwah    May 8, 2014

    Hello Okoth,

    Please can you give us an update on the situation with the loan?

    Cadwah

    Log in to reply • Share
  • SeeMeeFi    Apr 8, 2014

    I'm glad everything got straightened out. Thank you for repaying the loan so quickly - I'm happy that it gave your business the boost it needed. All the best!

    Log in to reply • Share
  • Jason    Mar 20, 2014

    Hi Okoth,

    How is everything going with the new loan?

    Did you receive the money? I see from your comment below there had been some problem getting access to it.

    Look forward to hearing from you.

    Regards
    Jason

    Log in to reply • Share
    • bconrad    Apr 2, 2014

      Hi Jason,

      Thanks for the message. Mr. Okoth was disbursed this loan on February 24th. We had some problems with our MPESA account around this time, which is what he is referring to in his previous comment, I believe.

      Thank you,
      Bayle, Zidisha Team

      Log in to reply • Share
      • Jason    Apr 26, 2014

        Hi Bayle,

        Thanks for following up on the loan to Mr Okoth.

        But there still has been no repayments or contact. He had paid his first loan off very quickly, but this one has not gone so well.

        Are you able to get in contact with him and ask for an update?

        Thanks
        Jason

        Log in to reply • Share
  • Okoth Billy    Feb 22, 2014

    hi the zidisha team i congratulate you on your services to your members ,but i would like you to improve on your mpesa transactions why must you send money to the applicant and yet you don't complete the transactions , like to my case you send money to my account and you dint complete the transaction, to day morning i found the money reversed to your account so please send the money again and you improve on that again.

    Log in to reply • Share
  • Okoth Billy    Feb 10, 2014

    hi the zidisha team i m okoth billy having had been funded for a loan services two times , i repay my last due loan on time and yet the current credit limit is just 8500 ,please why is this happening

    Log in to reply • Share
  • Okoth Billy    Oct 11, 2013

    this iz due to some sickness problems which have been in for one last month .i hope tom start repaying in it from next month.i hope that from next month things wil lbe okay to enable me start repaying my loan effectively ,and to imply more efforts to ensure i meet my set target for that month and for other remaining months
    thank you

    Log in to reply • Share


Loading...

Loading...

Loading...