Entrepreneur
Name
Edward
Member since
January 2018
On-time repayments
92 installments • 29%
About Me
I was born in Kisii County and spent my early childhood in Uasin Gishu County (Eldoret) where i attended pre-school and part of primary school (Kidiwa primary). I was relocated to Kisii County to complete my primary (Kiogo Primary) education as well as high school (Nyanturago High).
My Business
I supply Laboratory Chemicals and Equipment to schools for my main income. Usually i pay County revenue as permit /payment for business licensing amounting to Kshs 7,000 annually, pay rental business housing cost of Kshs 7,000 per month and electricity bills (shared) per month. My business earns me a living as through it i pay school fees for my two children, pay living rental home and feed my family. It has taken quite a long time of difficulty to this far in business. I had to work for (10 years after high school) with and for a friend who had the same business so as to raise capital for the start. This was hectic as the little wage i earned wasn't enough for upkeep and savings. I had to start poultry and vegetable farms to facilitate the capital hence it took longer. I sometimes went for construction work to boost wages and meet some extra expense. Now that I'm certain to be on the right track towards success and hope Zidisha is going to be my potential financier through the loan program from lenders.
Loan Proposal
I'm going to transport laboratory chemicals and equipment from wholesale warehouses (Nairobi to Kisii). After receiving the particulars i shall pack them according to LPOs from clients and then dispatch them to schools (clients) and request payment. The cash from the loan shall be helpful for all these processes.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$116.00
Date disbursed
Apr 7, 2018
Repayment status
On Time
Projected term
21 months
Other loans
Lenders
United States
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