Packaging materials for my detergent making business

Edward Odhiambo

Ndhiwa Town, Homa Bay County, Kenya

100% repaid

Entrepreneur

Name

Edward Odhiambo

Member since

July 2018

On-time repayments

23 installments  •  30%

About Me

Greetings from Kenya. I am Edward. I live in a rural community called Ndhiwa. I am passionate about my liquid soap and allied making business. I get my raw materials from Nairobi and make my products at home. I use my desk top computer to manage my operations. Through this, I have become self employed and look forward to setting up a light industry in my community. This in my opinion will help more young people to also get jobs.

My Business

My Zidisha Loans are a great source of my business financing. Since I had to start with small loans, I used to invest these in transporting both raw materials and stocks to my clients. As a result, I have been able to meet my orders promptly.

With the increase in my credit score, I look forward to investing my loans directly into raw materials and transport for my contract supplies. This will see me make two profits: my present capital will meet my family budget while the new stocks will meet my business budget.

On average, I presently make about Kshs. 7.500/- per week in profits. I look forward to doubling this up with my new loans.

Loan Proposal

My business packs my homemade detergents in plastic bottles. The loan will help me to buy and transport the plastic bottles with caps for packaging.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Oct 30, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

B

bscent

Hong Kong

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