Edwin
Mombasa, Kenya
100% repaid
Name
Edwin
Member since
June 2015
On-time repayments
30 installments • 73%
I run a chain of stationery shops . the shops are six and located in different towns adjacent to each other . I've employed 20 employees . I'm a phd student ,a single parent , and a social worker for communities around my businesses.
my stationery business has six branches running in different towns. I've employed 20 employees from communities around my branches. each branch has an average net profit of € 2000. The projection this year is to expand 4 more branches and diversify my products.
I intend to buy more stock of photocopy reams. Each ream costs $0.75 cif mombasa.
This will increase my supplies and my profit margins. A percentage of the supplies deficit to my retailers will be catered for.
My profit margin from this loan transaction will increase my profit margin by $50
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 16, 2015
Repayment status
On Time
Projected term
6 weeks
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