Edward Odhiambo
Ndhiwa Town, Homa Bay County, Kenya
100% repaid
Name
Edward Odhiambo
Member since
July 2018
On-time repayments
23 installments • 30%
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 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.
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.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Oct 30, 2018
Repayment status
On Time
Projected term
3 weeks
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Margaret Nov 26, 2018
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