Name
Edwin
Member since
November 2016
On-time repayments
220 installments • 66%
I am edwin owuor studied in upcountry from primary to secondary and joined mombasa polytechnic in the year 2001 till 2003 for diploma in accountancy thereafter i started running cereals shop at bombolulu but it went due to financing challenges and inexperience.I started running a shop again through challenges though through challenges untill now
I operate a retail shop where i sell goods that customers use on a day today like sugar,rice,maize flour etc which are o demand daily basis.I gotten used to selling fast goods from cereals shop and a more faster moving goods,i buy goods worth shs 5000 on a daily basis and sell between shs 6500 to 7000.I re invest most of it in business but there is need to expand the working capital to make more profits,i wanna buy a popcorn maker so as to diversify the business and make even more income
I will buy maize flour,sugar and rice which are stable and add to stock so that they are readily available on demand.This will increase my profitability and grow trust and reliability amongst my valuable customers.This will make a profit of about shs.500 every 3 days while stocks last,i expect to work hard on attracting more customers coz as i continue to work with zidisha and get more loans,i increase stock even further.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Mar 19, 2017
Repayment status
On Time
Projected term
6 weeks
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Ahadi May 5, 2017
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