To repair my generator which has broken down

Edwin

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

August 2017

On-time repayments

56 installments  •  32%

About Me

My names are Edwin Omondi. I am the fifth born in a family of seven. I am a honest person. I went through a lot of challenges when starting my business. I had a large piece of land but lacked the capital to venture into farming. I therefore leased a small portion of the land in order to get the capital to venture into farming and that's how my long journey into farming began. I would like my children to be honest people with good careers and people of high integrity.

My Business

I am a farmer and farming is the business that I do. I have a large piece of land on which I keep dairy cows,grow crops and keep poultry. I sell my farm produce to earn income. I sell the milk from my dairy cows, eggs from my poultry and farm crops. I utilize the profits that I gain from the business well. I save a portion of the profits and use the rest in my personal upkeep and that of my family and also reinvest some back into the business for its growth.

Loan Proposal

I am from an area with no electricity supply and connectivity.I fully depend on and rely on my generator to operate my barber shop.I use the generator power to shave my clients and offer other barber services.The generator has broken down and this has affected my business.I am therefore requesting for a loan to ring the generator and make it operational again.This will really help me resume back my duties and it will enable me put food on the table for my family and my parents.My business will resume normally and i will gain much from the resumption of business operations.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$87.00

Date disbursed

Feb 19, 2019

Repayment status

On Time

Projected term

7 months

Lenders

John Minges

United States

M

Margaret

United States

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