Basic commodities for my retail shop

Edwin

Shanzu, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

November 2016

On-time repayments

220 installments  •  66%

About Me

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

My Business

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

Loan Proposal

since the prices of basic commodities have not come down even though the harvesting season has began the demand for maize flour is still high and i would not like disappoint my esteemed customers so i will more stocks of maize flour,milk,sugar and rice which are in high demand always,i know in future as the loans progress i will move with my expansion plan.

Feedback

1

None

None

  • Ahadi    May 5, 2017

    Edwin is a serious borrower.
    Repayment on time. ++++

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Jul 30, 2017

Repayment status

On Time

Projected term

2 months

Lenders

ads68

Melbourne, Australia

Paul Buchheit

Mountain View, United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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