Additional shop

Edwin

Mombasa, Kenya

100% repaid

Follow Edwin

How it Works

Entrepreneur

Name

Edwin

Member since

June 2015

On-time repayments

30 installments • 73%

About Me

I run a chain of stationery shops . the shops are six and located in different towns adjacent to each other . I've employed 20 employees . I'm a phd student ,a single parent , and a social worker for communities around my businesses.

My Business

my stationery business has six branches running in different towns. I've employed 20 employees from communities around my branches. each branch has an average net profit of € 2000. The projection this year is to expand 4 more branches and diversify my products.

Loan Proposal

I have five shops in different locations .
The business was established in 2015 .
The business has diversify and im now importing photocopy papers and men accessories .
I have ten employees . The Deposit required for the new shop is $500 . I have $350. The Loan will cover the deficit. The stock for the shop is already secured . The new shop will offer job opportunity for two employees . The new shop will increase my net profit .
The Loan is secured because my weekly returns are way far above the required repayment . i.e $7500 .
I look forward for a favorable response and thanks in advance

Feedback

Positive

Neutral

None

Negative

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$175.00

Date disbursed

Mar 14, 2018

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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

Please log in to comment.

RM
Ron Maze Mar 15, 2019

Thanks Edwin! Perfect performance on repayment. Best of luck as you continue.

Log in to reply • Share

Edwin David likes this.
Edwin Feb 5, 2019

Much appreciation to all my lenders . Computerisation of my business operations and management will go along way in aiding me to greater heights. I look forward to future engagements. Thanks

Log in to reply • Share
Edwin Jan 23, 2019

happy new year . I'm seeking for additional funds to purchase a laptop and a desktop computer . This will aid in management of the 6 branches . I now have a centralised office . looking forward for your support

Log in to reply • Share
Edwin Sep 18, 2018

I've received my payment cheques in full . I look forward to clearing the full amount immediately the first cheque mature .

Log in to reply • Share
Edwin Aug 29, 2018

Delay of payment for a large supply has caused the delay in payment. The payment is due within 7 days. all arrears will be cleared.

Log in to reply • Share
Edwin Jun 23, 2018

The licenses have been purchased . They cover two branches for a period of of twelve months . Once again thanks to all of you lenders .

Log in to reply • Share
Edwin Jun 22, 2018

Thanks to all the lenders . I look forward to further engagement after this loan .

Log in to reply • Share
Edwin Jun 21, 2018

Lenders

I have applied for another loan .my focus is to repay in five weeks. My weekly income from my branch shops can comfortably service the loan .

Log in to reply • Share
Edwin Jun 19, 2018

Lenders
The loan is fully settled. The amount has been credited. I will be applying for a new loan . Kindly consider funding me again .

Log in to reply • Share
Edwin Jun 18, 2018

Lenders
Kindly note I have cleared my loan
. The system has not credited the amount . I have informed zidisha tech team.looking forward for your support in my next loan . Thank you for the support.

MFI11MAIAZ Confirmed. Ksh3,087.00 sent to Zidisha Inc. for account 0743289990 on 18/6/18 at 2:37 PM New M-PESA balance is Ksh2,650.38. Transaction cost, Ksh33.00.

Log in to reply • Share
Edwin Jun 16, 2018

Lenders
The payments have been updated. I look forward to completing this loan next week. Kindly be guided

Log in to reply • Share
Edwin Jun 15, 2018

The other payment that has not reflected
MFD8X434WW Confirmed. Ksh20,000.00 sent to Zidisha Inc. for account 0743289990 on 13/6/18 at 1:47 AM New M-PESA balance is Ksh35,366.38. Transaction cost, Ksh33.00.

Log in to reply • Share
Edwin Jun 15, 2018

Lenders
I have paid ksh 40,000 in two transactions on 13th . The system has not updated this amount. I have reported the matter to zidisha. Kindly note
Below are the transaction details

MFD2XGM0SS Confirmed. Ksh20,000.00 sent to Zidisha Inc. for account 0743289990 on 13/6/18 at 4:33 PM New M-PESA balance is Ksh61,787.38. Transaction cost, Ksh33.00.

Log in to reply • Share
Edwin Jun 10, 2018

Lenders.
All the amount will be settled in two installments. Next week on Wednesday and successive Wednesday. I have received overwhelming business returns.

Log in to reply • Share
Edwin May 28, 2018

Lenders. I've received my payments . I look forward to paying two installments this week and subsequent week . Be advised

Log in to reply • Share
Edwin May 21, 2018

I thank all the lenders for the loan. The branch shop will be opened next week. I look forward to completing the loan within the shortest time possible. This is possible because the projected income will comfortably cover the re payments. Thanks once again

Log in to reply • Share
Edwin May 14, 2018

I thank all my lenders. The loan will be utilised to refurbish my new shop,as additional capital. I will be opening the new branch in 14 days

Log in to reply • Share
Edwin May 13, 2018

Lenders
I have applied for another loan . The loan is to be utilised as additional capital in refurbishing a new shop . Kindly consider to assist me in this project

Log in to reply • Share
Edwin May 2, 2018

I cleared my Loan and i look forward to a better business relationship . The branch is fully operational. Im in the process of finalizing the design of another branch which i anticipate to open in 40 days ,

Log in to reply • Share
Edwin Apr 25, 2018

To my Lenders
I will clear the whole amount tomorrow . I have received good payments today . Be advised

Log in to reply • Share