Edwin
Shanzu, Kenya
35% repaid
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 would like add stocks of maize flour,wheat flour,rice,sugar to my shop at a cost of $200 and also purchase a popcorn making machine at a cost of $400 that i have i identified will really add profit to my shop since a lot of my customers have requested for popcorns since they go quite a distance for the same
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$582.00
Date disbursed
Jul 9, 2018
Repayment status
Late
Projected term
38 months
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Ahadi May 5, 2017
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