Edward

Mtwapa, Kenya

2% repaid

Entrepreneur

Name

Edward

Member since

February 2013

On-time repayments

66 installments  •  2%

About Me

my names are Edward karisa baya a resident here in mtwapa mikanjuni. am not married yet but am looking forward into that soon. am a hard working and struggle business man here in mtwapa having been running business for the last four year and truly my business had been very wonderfully to me.my education status is class eight of Kenya primary education. with my earnings from mu business i do little by paying house rent for myself and the rest i do increase my stock into my business. and i also use part of my earnings from my business to pay school fees for my younger brother who is in secondary school

My Business

my business is of buying and selling of building construction items. these are goods like cement, blocks, spade trowel and sand.these goods are of great demand here in mtwapa mikanjuni because mtwapa is one of the developed town in Kenya and it has been and still under construction every now and then. this is by people building houses everyday and due of this my goods and products are on high sales. most of clients prefer buying these building materials from my shop because i sell my goods at a reasonable and fair prices to all.my monthly running cost is Kenya shillings 50,000. and my monthly sales collection 85,000. this is now giving me a monthly profit of Kenya shillings 35,000 of which its a good profit to my business and it can make me repay the loan that i might get from zidisha.

Loan Proposal

with this first loan i will use it on baying more building constructions materials such as blocks. cement sand which i will put them on my shop for sale. this will be able to add more value in my business buy increasing my daily sales and my daily sales this will make the different in my business my on my income

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$476.00

Date disbursed

Mar 4, 2013

Repayment status

Late

Projected term

125 months

Lenders

H

Halli

Bottrop, Germany

C

chrisn

Egg, Switzerland

B

Bavarian

Bavaria, Germany

H

hanso

Arendal, Norway

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

AdvancingCompassion

San Diego, United States

A

AspyerGroup

Longview, United States

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  • Ndungu    Jan 15, 2015

    Dear lenders, I have tried to reach Edward a number of times but his phone is always switched off. I will keep trying to reach him and keep you posted.

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  • Bavarian    Sep 6, 2014

    Dear Edward, I hope you and your family are doing well. We haven't heard any news from you for a while and you are far behind your repayment schedule. Please keep us informed how things are going. Regards, Bavarian

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  • Ndungu    Apr 13, 2014

    I spoke to Edward Baya and he said he was taking care of his sick father and this affected his business productivity. He promised to pay some money on Monday 14th.

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  • Samuel    Mar 5, 2014

    I phoned Baya today 5.04pm an inquired. Baya gave the phone to next person to tell me that he was not around( I detected the trick). I phoned again 6.50pm and he did not receive my call.

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  • Edward    Dec 15, 2013

    Please i am very so for not repaying my loan,the reason is simply because grandmother had been ill and she past on.The burial was yesterday and now i am back organizing myself again.As i have stated earlier i have said my business closed down i will used my little earning to repay the loan.Please i hope you will forgive me for letting you down.I promise to start my repayment mid January 2014.

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  • Edward    Sep 15, 2013

    Hello, am very sorry that i have failed in repaying my loan. This is because i have had hard situations that led to the closer of my business. I had my father admitted for over four months due to illness, and this dragged me down completely! As i write my business is closed and my only means of survival is through a small salary from a newly employed job am now doing. Due to this condition i would like to propose another repayment amount which will be in favor to my situation. I can comfortable pay Ksh.1,200 per month. This is because of the hard situation am now facing. I would like you to put me in consideration if possible to top up my loan so as to revive my business. Once again thank you so much for your patience and God bless you all.

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  • AdvancingCompassion    Sep 7, 2013

    Hello Mr. Baya - any update? We look forward to your success and repayment so that we can help others. Thanks!

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    • Edward    Sep 15, 2013

      Hello, am so sorry that i could not afford to repay my loan in time, My father was sick and admitted for more than four month and i was the only one to look after him, so most time and resource finished at that time living me with nothing. I now have to look for alternative way of repaying the loan. Am so sorry for this but am looking forward to resume my business as soon as i get enough funds.

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    • Edward    Sep 15, 2013

      Hello, am so sorry that i could not afford to repay my loan in time, My father was sick and admitted for more than four month and i was the only one to look after him, so most time and resource finished at that time living me with nothing. I now have to look for alternative way of repaying the loan. Am so sorry for this but am looking forward to resume my business as soon as i get enough funds.

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