New phones

Edwin

Luanda, Kenya

15% repaid

Entrepreneur

Name

Edwin

Member since

August 2016

On-time repayments

106 installments  •  29%

About Me

I come from a humble family, am the 2nd born of 5. When I was young, I was hearing life, I never knew what it was untill I finished my Secondary School, where everything you have to depend on yourself, that's when I flew from our village to Luanda Town at least to start doing something productive. I remember I borrowed my fare to Luanda and I was to refund it back after three days. I knew know one in Luanda town but life had to go on, my 1st day in Luanda I slept at the bus park and the following day, I approach a certain man who had a shop just along the road. I told him my story and he agreed to give me some items so that I can hawk get some money so that I don't sleep again In coldness, that day I managed to get sell goods worth 700 Ksh and in return the shopkeeper gave me 200 for survival and I really appreciated so much since it was going to be my breakthrough. My job as a hawker went for something like 3 months and because my boss had so much trust he eployed me to work in his shop. After working there for one year my breakthrough came at one night. We were sitting in his house when he suddenly told me that in the next one month he was to go to America and he was going to leave me in his business premises running a cyber and shop. I was much surprised and the only thing I asked him was that how much was I to pay him. And by softness he answered me that everything was mine because since he started doing business he has never come across a trustworthy person like me.
Since he left am doing great and am improving each and everyday and my wish is that let my kids undergo the dificulties I went through. Am a Christian and when not in my shop or church, I lke reading novels, travelling and always wanting to no more how people prosper I. Their lifes. Thank you Zidisha and continue helping those who cant and are able when given the resources.

My Business

I opperate in a 10 by 20 house and it is devided into 2, the first room is a retail shop and am dealing in goods such as sugar, rice, soaps, detergent, matchboxs etc. These are basic human needs goods and people always use them in their daily to daily lives and that is y I opted to maintain it the way it was. In a day I can sell at least 3000 Ksh and out of that am able to save 300 Ksh a day which I sometimes re-investment in my business and others
I finance my little brothers.
On the other side my photocopy machine is also bringing some good money and in a day I scan get a profit of 170 and above. And my big plan is to expand form just photocopy but to a serious cybercafe though you I can. Thank you as I look forwad to your reply.

Loan Proposal

I will use loan to purchase new phones for my extended shop just next to my cyber this will cost me 85$, I will buy roughly 8 phones and this is because its a business am starting for the first time so I will increase the stock as the business picks itself.

This will increase my sales because already am selling lines and this will help my clients who are in need of a phone after purchasing a new line. This will increase my general profit which I will reinvest in the business again.

This will increase my earnings by 29%

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$86.00

Date disbursed

Feb 27, 2017

Repayment status

Late

Projected term

20 months

Lenders

BrassHat

Boston, United States

C

chrisherron

Chicago, United States

sderickson

Berkeley, CA, United States

R

RonEddy

United States

S

Stephan

Netherlands

Eduardo

Sorocaba, Brazil

Matthias

Frankfurt Am Main, Germany

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

The X2AI Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

ST

Sarah Turner

United States

A

Anonymous

United States

Ask Edwin a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$12.69

Amount remaining

$73.32

Expected completion

Nov 3, 2018

Status

Repaying late

Installment amount

$0.98

Repayment History

Expected Payments Actual Payments
Mar 11, 2017 $2.95 Mar 11, 2017 $2.95
Mar 18, 2017 $0.00
Mar 25, 2017 $0.98 Mar 25, 2017 $0.98
Apr 1, 2017 $0.98 Mar 25, 2017 $0.98
Apr 8, 2017 $0.98 Apr 7, 2017 $0.98
Apr 15, 2017 $0.98 Apr 7, 2017 $0.98
Apr 22, 2017 $0.98 May 2, 2017 $0.98
Apr 29, 2017 $0.98 May 2, 2017 $0.98
May 6, 2017 $0.98 May 2, 2017 $0.98
May 13, 2017 $0.98 May 16, 2017 $0.98
May 20, 2017 $0.98 May 16, 2017 $0.98
May 27, 2017 $0.98 May 16, 2017 $0.89
Jun 3, 2017 $0.98
Jun 10, 2017 $0.98
Jun 17, 2017 $0.98
Jun 24, 2017 $0.98
Jul 1, 2017 $0.98
Jul 8, 2017 $0.98
Jul 15, 2017 $0.98
Jul 22, 2017 $0.98
Jul 29, 2017 $0.98
Aug 5, 2017 $0.98
Aug 12, 2017 $0.98
Aug 19, 2017 $0.98
Aug 26, 2017 $0.98
Sep 2, 2017 $0.98
Sep 9, 2017 $0.98
Sep 16, 2017 $0.98
Sep 23, 2017 $0.98
Sep 30, 2017 $0.98
Oct 7, 2017 $0.98
Oct 14, 2017 $0.98
Oct 21, 2017 $0.98
Oct 28, 2017 $0.98
Nov 4, 2017 $0.98
Nov 11, 2017 $0.98
Nov 18, 2017 $0.98
Nov 25, 2017 $0.98
Dec 2, 2017 $0.98
Dec 9, 2017 $0.98
Dec 16, 2017 $0.98
Dec 23, 2017 $0.98
Dec 30, 2017 $0.98
Jan 6, 2018 $0.98
Jan 13, 2018 $0.98
Jan 20, 2018 $0.98
Jan 27, 2018 $0.98
Feb 3, 2018 $0.98
Feb 10, 2018 $0.98
Feb 17, 2018 $0.98
Feb 24, 2018 $0.98
Mar 3, 2018 $0.98
Mar 10, 2018 $0.98
Mar 17, 2018 $0.98
Mar 24, 2018 $0.98
Mar 31, 2018 $0.98
Apr 7, 2018 $0.98
Apr 14, 2018 $0.98
Apr 21, 2018 $0.98
Apr 28, 2018 $0.98
May 5, 2018 $0.98
May 12, 2018 $0.98
May 19, 2018 $0.98
May 26, 2018 $0.98
Jun 2, 2018 $0.98
Jun 9, 2018 $0.98
Jun 16, 2018 $0.98
Jun 23, 2018 $0.98
Jun 30, 2018 $0.98
Jul 7, 2018 $0.98
Jul 14, 2018 $0.98
Jul 21, 2018 $0.98
Jul 28, 2018 $0.98
Aug 4, 2018 $0.98
Aug 11, 2018 $0.98
Aug 18, 2018 $0.98
Aug 25, 2018 $0.98
Sep 1, 2018 $0.98
Sep 8, 2018 $0.98
Sep 15, 2018 $0.98
Sep 22, 2018 $0.98
Sep 29, 2018 $0.98
Oct 6, 2018 $0.98
Oct 13, 2018 $0.98
Oct 20, 2018 $0.98
Oct 27, 2018 $0.98
Nov 3, 2018 $0.44

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