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.
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.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Aug 1, 2018
Repayment status
On Time
Projected term
3 weeks
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Amount repaid
$12.51
Amount remaining
$0.00
Date repaid
Sep 13, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 12, 2018 | $4.17 | Sep 5, 2018 | $4.17 |
Aug 19, 2018 | $4.17 | Sep 5, 2018 | $4.17 |
Aug 26, 2018 | $4.17 | Sep 5, 2018 | $1.52 |
Sep 13, 2018 | $2.65 |
Margaret Nov 26, 2018
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