Entrepreneur
Name
Edwin
Member since
September 2018
On-time repayments
96 installments • 76%
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 loan to augment daily working capital needs for a mini mart business. Specifically, the funds will be used to prepay for inventory items on order.
Income Source
Small business in the mold of mini-marts are actually seeing higher turnover and a faster cash conversion as people shun the bigger supermarkets that are likely to see overcrowding and as more people remain at home due to various control measures imposed by the government.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$83.00
Date disbursed
Jul 4, 2020
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Germany
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