Additional stock for my retail shop

Edwin Machuka

Kisii , Kenya

35% repaid

Entrepreneur

Name

Edwin Machuka

Location

Kisii , Kenya

On-time repayments

31 weekly installments  •  74%

About Me

am a business man I Edwin migiro machuka I normally have a business in terms of processing and I sell in retail and wholesale I also have shop which I do sellers and marketing

My Business

I normally buy 5 packets of flour I @65 wholesale prices and I sell retail @110 I get a profit of 55 each packets and I buy creates of soda 3 per day one crate it cost 570 so I sell each bottle at 30 so per bottle I get a profit of 7 I also sell biscuits if given the loan I would appreciate I wii add my stock

Loan Proposal

Once i receive this money i am going to to buy 10 Bandles of Jogoo 2Kg (Each bandle consists of 12 Packets of 2Kg, costing Ksh 12,000/- and i will also buy 10 creates of Soda 5 creates for 500Ml and 5 creates 300Ml.
The 500ml soda which cost Ksh. 4,000/- and 300Ml will cost Ksh, 2700, Once i recieve this money i am going to use this financial aid as i have stipulated above.
It will enable me repay back the loan within a short time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$189.78

Date disbursed

Jun 10, 2019

Repayment status

Late

Projected term

5 months

Cost to entrepreneur

Service fee: 5% of $189.78 = $8.52

Credit risk payment: $51.18

Optional expediting fee: $8.52

Lenders

Brian

Midhurst, Canada

BrassHat

Boston, United States

O

Oxfall

Gothenburg, Sweden

J

Jaslogic

Castle Rock, United States

K

Kweetnie

Rijswijk, Netherlands

ads68

Melbourne, Australia

D

DaveH

Folsom, United States

G

GCAsmus

Minneapolis, United States

stroi08

Odense C, Denmark

MrMichigander

Marquette, United States

I

ingredion00

Indianapolis, United States

D

Dowdin

United Kingdom

Grant Xavier Storer

Seattle, Wa, United States

R

Robert

Berlin, Germany

ME

Manaal Eisa

Washington DC, United States

wissam

Jeddah, Saudi Arabia

M

mariamfula

United States

Paul Buchheit

Mountain View, United States

MR

Micky Richards

United Kingdom

MP

Michael Poley

United States

EA

Eric Ayers

Atlanta, United States

Christine E Graham

New York, NY, United States

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