Develop my business further

Edwin

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

March 2021

On-time repayments

4 installments  •  0%

About Me

My name is Edwin Mwangi Gichohi i am 24 years old and im a student at University of Nairobi studying Information Technology and communication I am a 3rd year student. During this Corona Pandemic i opened up shop for Various electronics and media entertainment gaming especially.

My Business

My business Entails mostly youths coming to shop and entertain themselves through gaming or buying movies, i also sell few electronic devices ranging from flash disks to memory cards gaming pads. In a day my incoming ranges from 1100kshs-1500kshs and on weekends up to 2000kshs. I have requested a loan in order to increase the no. of machines being used for gaming i have extra space in the shop and there's always a line when people are waiting. Buying new devices will not only increase my income by at least 500 a day it will lead to more customers and be a busy place.

Loan Proposal

I will increase the amount of consoles to 4 by buying at least one console and upgrading my computer to a more powerful Pc to burn, copy and work on projects like back-end coding to reduce the amount of time used up by my less powerful Pc. This will be an upgrade for my customers hence taking my work to a new level.

Income Source

I will be saving at least 200 a day to accumulate the amount i agreed to pay weekly the higher the loan the more money i can set aside to save up a good amount weekly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Apr 4, 2021

Repayment status

On Time

Projected term

2 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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