Additional stock of maize flour for my shop

Edwin

Kisii , Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

February 2019

On-time repayments

33 installments  •  76%

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 buy 10 Bundles of maize four for my shop and each bundle which consist of 12 packets of 2 Kg is sold at 1200/- kenya shillings . So currently due to famine the maize flour is scarce. So i will buy and retail to my customers. Since my shop is in the urban center i will make good money to pay back to the lenders

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$130.00

Date disbursed

Apr 28, 2019

Repayment status

On Time

Projected term

3 weeks

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.

Loading...

Summary

Amount repaid

$130.87

Amount remaining

$0.00

Date repaid

May 20, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 10, 2019 $0.59 May 10, 2019 $0.59
May 17, 2019 $130.08 May 11, 2019 $13.30
May 20, 2019 $116.77
May 24, 2019 $0.21 May 20, 2019 $0.21

Loading...