Stock increament

Edwin

Keonga, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

June 2017

On-time repayments

59 installments  •  53%

About Me

I was born and brought up in a rural village in what's called today Kisii county. It's located to the western part of kenya and like 377km from the capital city of Nairobi. Am the 5th born in a family of six - 4 men and 2 ladies. I attended Mache Achumbi primary for my kcpe exams . I then proceeded to Hema High School where i obtained B- of 57 points which did not enable me join University. I later applied for a diploma at the Kenya Technical Univerty . After completion, i was introduced by a friend who was taking the same cause as mine to second hand clothes. He lend me 70 dollas to set up my own business. That's what i am doing up to date because i have not beeen employed anywhere. I operate my business at GIkomba, which happens to be the biggest market in East and Central Africa. Meanwhile , i have a baby girl 2 yrs old.

My Business

Like i have mentioned above, i sell used clothes .They are commonly known as mitumba here in Kenya. Most people depends on this clothes as they are cheap compared to new ones. I chose this kind of business because it doesn't require much capital. Again there was a friend ready to help. My working capital now is slightly above 200 dollas. I entirely depend on this business.

Loan Proposal

Hello lenders.

Thank you very much for the previous loan that i have just finished paying up.

It helped me well in venturing into this business of Mitumba and i am happy to tell you that this 2nd loan is for the expansion of the same.

Many thanks

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$78.00

Date disbursed

Nov 28, 2017

Repayment status

On Time

Projected term

12 months

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  • Edwin    Oct 22, 2018

    I have had challenges lately with my business

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  • Edwin    Nov 27, 2017

    Hallo lenders.

    I am very pleased that you have fully funded my loan. As i had indicated this current loan i'll add my stock. May God bless you all.

    Many thanks

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  • Edwin    Nov 13, 2017

    Hello lenders,
    Thank you for the previous loan which opened door for me in this mitumba business.

    Today i have just applied for another loan for stock increament.

    Thank you so much

    Log in to reply • Share
  • Edwin    Oct 6, 2017

    Thanks. I will add my stock

    Log in to reply • Share


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