Entrepreneur
Name
Edwin
Member since
November 2016
On-time repayments
220 installments • 66%
About Me
I am edwin owuor studied in upcountry from primary to secondary and joined mombasa polytechnic in the year 2001 till 2003 for diploma in accountancy thereafter i started running cereals shop at bombolulu but it went due to financing challenges and inexperience.I started running a shop again through challenges though through challenges untill now
My Business
I operate a retail shop where i sell goods that customers use on a day today like sugar,rice,maize flour etc which are o demand daily basis.I gotten used to selling fast goods from cereals shop and a more faster moving goods,i buy goods worth shs 5000 on a daily basis and sell between shs 6500 to 7000.I re invest most of it in business but there is need to expand the working capital to make more profits,i wanna buy a popcorn maker so as to diversify the business and make even more income
Loan Proposal
As we approach december the hot season has just began and i would to purchase a deep so as to preserve milk and also store at cold temperatures coz the scotching sun dehydrates and cold water is in great demand,also yoghurt and sodas need some cold stoarge and juices as well.I have saved $400 n a deep freezer costs $700 therefore the loan will quite fill the difference.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$340.00
Date disbursed
Oct 6, 2017
Repayment status
On Time
Projected term
11 months
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Ahadi May 5, 2017
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