Entrepreneur
Name
Edwin
Member since
January 2015
On-time repayments
210 installments • 14%
About Me
I am Edwin Ngugi Irungu 29 years of age. I hail from a a family of five where am the first born. I have gone to school in public school since my childhood as my parents couldn’t afford my school due to their low income. I worked hard and was able to join a provincial high school due to my good grades. This made my parents to organize a harambee for my fees and government bursaries. I did well in high school and I was able to get a good grade that enabled to be admitted in university under joint admission board which is a government program that helps bright students to undertake their degree programs with subsidized price. This was a great relief to me and my parents as I would get education.
In 2011 I joined technical university of Kenya to undertake bachelor in engineering mechanical engineering where I graduated in december 2015. I got a job with synergetic Energy Partners Company limited as a graduate engineer in mechanical and processing department.
In 2016 I was promoted to lead the department and held the position until December 2018 where i resigned and joined the government as a petroleum officer to date.
As a way of increasing my income I started a Beauty Salon and cosmetics for my wife in January 2019.
My Business
My Business is Beauty Salon and Cosmetics. We do Hair styling, Hair cuts, Beauty Therapy, Cosmetics and sale of Ladies shoes.
The business is located along the eastern by pass at Membly. Its worth noting that beauty industry is growing at very high rate. In regards to this, we as family decided to venture into it.
The amount raised will be used to buy brow dry, Nail Gel Dryer, seats and few cosmetics products
Loan Proposal
the money will be used to buy spray pump 35 dollars, seeds at 45 dollars, a 2 inch flexible pipe to connect the pump at 20 dollars. this will help in reducing the cost of hiring a pump every time am spraying my crops. it will also help in earning more cash a i can hire the pump every time am not using . by this in my business am expecting to increase my profit by approximately 10% due to cutting of input costs.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 20, 2015
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Gammalkil, Sweden
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