Shoe business

Edwin

Nairobi, Kenya

44% repaid

Entrepreneur

Name

Edwin

Member since

November 2020

On-time repayments

21 installments  •  24%

About Me

My name is Edwin shikhule, I'm a bussiness man and also employed .I currently do business and as an entrepreneur. I deal with footwears and clothing brands
I have a target of 18000 profit for a week and a target of 73,000 Kenyan shillings profit per a month which I'm able to make without any problem .
Both my bussiness and salary plus incentives gives me a total of roughly 140,000 per month

My Business

I have two bussiness worth around 1.5m Kenyan shillings
I have invested in ubber bussiness and also clothing brand and footwear bussiness

Loan Proposal

I would wish to use the money in my bussiness
If I get 14000 shillings,I will buy 20pairs of rubber shoes on whole sale price. I will sell the 20 pairs of shoes on retail making a profit of over 10 thousand shillings on each pair .that means at the end of bussiness ,I will have made a profit of 10000 shillings

Income Source

I have other bussonesses I own .I do ubber bussiness which gives me extra money that I can use to pay back the the loan
Besides having a ubber bussiness which generates a saurse of income ,I also get money from salary which I can use to pay back the loan

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$125.00

Date disbursed

Dec 22, 2020

Repayment status

Late

Projected term

4 months

Other loans

Lenders

H

hilde

seattle, United States

Diane U

Olympia, Wa, Usa, United States

RA

Ray and Abram

Melbourne, Australia

B

Berend

Netherlands

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.

  • Madesto    Apr 5, 2021

    Edwin agreed to repay his loan by end month.

    Log in to reply • Share
  • Edwin    Mar 28, 2021

    My bussiness collapsed hence making it difficult for me to raise the money

    Log in to reply • Share
  • Edwin    Feb 22, 2021

    My bussiness didn't go well,therefore there was a reduction in returns

    Log in to reply • Share
  • Edwin    Jan 9, 2021

    Thanks so much ,your loan has helped me expand my bissness

    Log in to reply • Share
  • Edwin    Jan 9, 2021

    These is due to many responsibilities in the month being the first month of the year where I have to pay fees to my children and also fee to my self ,buy uniforms for my kids and manage to buy food for them

    Log in to reply • Share
  • Edwin    Dec 21, 2020

    Thanks so much great people.ill use the loan to grow my bussiness

    Log in to reply • Share


Loading...

Loading...

Loading...