Inventory financing

Edwin

Ruaka, Kenya

100% repaid

Follow Edwin How it Works

Entrepreneur

Name

Edwin

Member since

September 2018

On-time repayments

97 installments  •  75%

About Me

I am Edwin Chui. I was born and raised in Central Kenya, schooled in Nairobi and USA.

I believe that the quickest way to develop Africa is to support the scaling of small businesses in Africa.

My Business

LeoMart is a retail business that is working to grow from the ground up. I envision that it will be a fully fledged supermarket outlet in 2.5 years.

Loan Proposal

I will use the business to scale the cereals retailing business of Leomart which involves buying at wholesale and redistributing through mom and pop shops at a margin.

Income Source

We have learnt that any business associated with the food industry is not just doing fine but actually thriving. As people spend more time at home, they appear to consume more.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 9, 2020

Repayment status

On Time

Projected term

2 weeks

Other loans

Sep 2018:  $1

Oct 2018:  $10

Nov 2018:  $10

Nov 2018:  $10

Dec 2018:  $15

Jan 2019:  $15

Feb 2019:  $62

Nov 2019:  $55

Mar 2020:  $55

May 2020:  $55

Jul 2020:  $83

Aug 2020:  $114

Sep 2020:  $144

Nov 2020:  $144

Nov 2021:  $151

Dec 2021:  $151

Jan 2022:  $159

Mar 2022:  $167

Jun 2022:  $172

Jul 2022:  $211

Jun 2023:  $194

Sep 2023:  $210

Nov 2023:  $242

Jan 2024:  $363

Mar 2024:  $454

Lenders

BrassHat

Boston, United States

Tavin

Ottawa, Canada

D

Divergent

Bethesda, United States

Cloudways

Malta, Malta

nakamura

United States

fairspirit

Utrecht, Netherlands

K

KnutG

Bergen, Norway

N

NordBeraht

Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

D

Don100

Wilton, United States

M

Margi

Littleton, United States

sderickson

Berkeley, CA, United States

S

stevenc

Belgium

S

Stephan

Netherlands

Dave Bogard

New York, United States

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

Eugen Stamm

Zurich, Switzerland

DH

Diane Hamilton

United States

AK

Alexander Kobbevik

Norway

Gerrit

Palm Harbor, FL, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

hervey liu

United States

NH

Nancy Hull

United States

Paul Buchheit

Mountain View, United States

daniel

maryborough, Australia

A

Angelia

Japan

AM

Andy Marston

United Kingdom

Hilary Rowland

France

BQ

Brandon Quinn

India

N

nikko

Canada

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

MS

Michael Schwenger

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

KL

Kerry Lane

United States

JB

Juan Busco

United States

R

Ru

New York, United States

MC

Mike Cormack

Vancouver, Canada

H

HJ

Switzerland

GR

Gabe Radovsky

United States

GP

Gino Polverari

United States

Black and White Zebra

Vancouver, Canada

Utahna

United States

A

Anonymous

United States

Ask Edwin a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Edwin    Mar 17, 2024

    Thanks all for your support.

    This funding will go towards working capital needs of Leomart outlets.

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  • Edwin    Mar 12, 2024

    Many thanks to my backers for their continued support. Your support has been key for Leomart

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  • Edwin    Feb 26, 2024

    I am adjusting my instalments to allow me some more until the end of the month as there has been a number of cash flow delays.

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  • Edwin    Jan 6, 2024

    Thank you lenders for supporting this project. It will be super helpful to the Leomart vision.
    I appreciate your continued support.

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  • Edwin    Jan 6, 2024

    Thank you lenders for your continued support to the Leomart project

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  • Edwin    Nov 27, 2023

    Thank you lenders, we will use the funds to further support Leomart's operations. The funds will be used to support our working capital for daily/weekly purchases of items for onward sale to customers

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  • Edwin    Nov 27, 2023

    Thank you lenders for your continued support to Leomart

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  • Edwin    Sep 22, 2023

    Many thanks Christine and Ann for your support. Your support will go a long way in facilitating us at Leomart

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  • Edwin    Sep 22, 2023

    Many thanks to all my lenders for their continued support.

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  • Edwin    Jun 13, 2023

    Thank you very much lenders and Zidisha for making this project possible, and for your continued support.

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  • Edwin    Jun 13, 2023

    Thank you lenders for your continued support to Leomart

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  • Edwin    Jul 19, 2022

    Thank you lenders for making this project possible.

    Your support will go a long way

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  • Edwin    Jul 19, 2022

    Thank you lenders for your continued support and for making this project possible.

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  • Edwin    Jul 19, 2022

    Thank you lender, the loan was very helpful.

    We bought materials for Leomart.

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  • Edwin    Jun 20, 2022

    Thank you very much lenders for your gracious support. Very helpful

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  • Edwin    Mar 8, 2022

    Thank you lenders for making my project possible. I will use the proceeds to support Leomart's day to day operations

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  • Edwin    Mar 8, 2022

    Thank you lenders for your continued engagement and support. Your support has been crucial to Leomart

    Log in to reply • Share

  • Edwin    Jan 27, 2022

    Many thanks lenders for your continued support. I will use your support to further augment my vision for Leomart.

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