Edwin
Nakuru, Kenya
100% repaid
Name
Edwin
Member since
August 2017
On-time repayments
56 installments • 32%
My names are Edwin Omondi. I am the fifth born in a family of seven. I am a honest person. I went through a lot of challenges when starting my business. I had a large piece of land but lacked the capital to venture into farming. I therefore leased a small portion of the land in order to get the capital to venture into farming and that's how my long journey into farming began. I would like my children to be honest people with good careers and people of high integrity.
I am a farmer and farming is the business that I do. I have a large piece of land on which I keep dairy cows,grow crops and keep poultry. I sell my farm produce to earn income. I sell the milk from my dairy cows, eggs from my poultry and farm crops. I utilize the profits that I gain from the business well. I save a portion of the profits and use the rest in my personal upkeep and that of my family and also reinvest some back into the business for its growth.
This loan will be very helpful to me .Frequent blackouts have affected my business so badly since my cybercafe business depends on electricity and the frequent blackouts has been a burden for my business.I will therefore use the loan to purchase a back up generator which will help me whenever there is blackout.This will increase my business productivity and it will boost my business and income since the generator will be operational whenever they will be blackouts.This loan will be very helpful to my business
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Dec 7, 2018
Repayment status
On Time
Projected term
2 weeks
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