Expand and boost my business

Edwin

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

August 2017

On-time repayments

56 installments  •  32%

About Me

My names are Edwin Omondi. I am the fifth born in a family of seven. I am a honest person. I went through a lot of challenges when starting my business. I had a large piece of land but lacked the capital to venture into farming. I therefore leased a small portion of the land in order to get the capital to venture into farming and that's how my long journey into farming began. I would like my children to be honest people with good careers and people of high integrity.

My Business

I am a farmer and farming is the business that I do. I have a large piece of land on which I keep dairy cows,grow crops and keep poultry. I sell my farm produce to earn income. I sell the milk from my dairy cows, eggs from my poultry and farm crops. I utilize the profits that I gain from the business well. I save a portion of the profits and use the rest in my personal upkeep and that of my family and also reinvest some back into the business for its growth.

Loan Proposal

My business has been growing tremendously since i started some few years back.This has been a positive feedback and it has encouraged me to expand it and boost it to be much better.However, i have been unable to achieve this as a result of less capital.I will therefore use this loan once deposited to my account to expand and boost my business for a better return and profits.In order to achieve this, i will expand the space of my business place to accommodate more customers as well as my products.This will provide me with the best chance to earn better from the improvements.I will also use the loan to boost my business by adding more products to my business so as to has a wide range of services and products to offer to my clients.My targets from this loan is that it will improve my business as well as boost it tremendously.I also expect the profits to be much more better than before.This loan will of great help to me and it will provide me with the best chance to boost my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Nov 26, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

SS

Sean Sullivan

Austin, TX, United States

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