Entrepreneur
Name
Edward
Member since
March 2016
On-time repayments
245 installments • 62%
About Me
I Edward Mandi was born in Kisii County some 50 years ago in a family of seven, i went to school up to standard eight and then joined craft centre where i trained as Radio and Television technician.
i was employed i saved some money which i used to open my current business in Radio and Television repair.
the land where i live is fertile even though is small is a good land for cultivation.
One wants to be electrical /electronics engineering , another want to be an agricultural extensional officer, another one wants to be a social worker.
my hobby is electronics and learning more about poultry farming.
My Business
I own Radio and Television repair workshop in Kisii County within Kisii Town.
Due to long experience in this work i have a lot of customers.
I like this type of work since my childhood, So i decide to train as a Radio and Television Technician.
I pay for the working place Kshs. 5000 per month/Kshs.1500 for electricity bill, Kshs. 3000 for traveling expenses, then i can make approximately between 50,000 and 80,000 per month.
I use my income profit to pay school fee for my children and other needs for the family, i also invest other money in growing my business, e.g i have small poultry farm.
Loan Proposal
I am to utilize the money by buying two hundred layers chicks which will cost me usd 1 for a day old chick. So that 200. Which i will rear up to five months.This is the time they will mature and will start laying .
I will sell the eggs to th local community at our local shopping center . For now the eggs which are supplied to our local shopping center come from very far around 300 kilometers away . So this will benefit the community to get fresh Eggs from the farm nearby. Here i will make a profit of about twenty four dollars a week after buying the feeds for the chickens
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Loan Info
Project Type
Classic Loan
Disbursed amount
$201.00
Date disbursed
Jun 12, 2016
Repayment status
On Time
Projected term
4 months
Lenders
JOHNS ISLAND, United States
SOUTHBANK, Australia
Beach City, United States
United States
Canada
Ireland
United States
Germany
United States
United Kingdom
Spain
United States
Australia
United States
United States
United States
United States
United States
United States
Qatar
Washington DC, United States
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Mary Nov 20, 2017
Edward Nov 28, 2017
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