Francis Oduor



Francis Oduor


Location:
Nairobi

Country:
Kenya

Age:
21

Gender:
Male

Education:
Secondary School


Business Type:
Catering

Status:
Fundraising



About The Business

Francis is from a single parent and he provides for his family. He had an interest in baking since primary school. He could not finish school because of lack of funds, so he started baking to earn a living. Francis bakes cakes and mandazis and sells them outside his house to passers-by. He intends to open a full backery and have a distribution centre. He applied for a loan to be able to buy the baking equipment. He intends to expand the business to be one of the leading bakeries in Nairobi and hopefully Kenya.



Loan Overview

Requested:
$920.00


Raised:
$116.60


Remaining:
$803.4


# Loans:
9



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Loans Details

Repayment Term:
10 months

Repayment Frequency:
Weekly

Field Partner:





Field Partner Overview

Field Partner:

Time on UYDO:
49 months


Interest Rate:
20-30%

Default Rate:
5%


# UYDO Loans:
20



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