Raw materials for 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

With the Kenya Shillings one thousand provided, I will buy more raw materials. This will give to me a weekly profit of 2 US Dollars with which I intend to repay the loan.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Jul 19, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

Paul Buchheit

Mountain View, United States

Ask Edward Odhiambo a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...