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
The rate of inflation in kenya is worrying coz prices of most essential commodities that i stock like maize flour,wheat flour,sugar,rice,milk,bread are always in the increase due to prolonged drought the country has witnessed over the past few months.I therefore urge my lenders to help raise the loan so as to avail stock.This will raise customer confidence in my store as a one stop centre where all there needs are always available,am thankful for the loans u have given me they really helped a lot.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
May 6, 2017
Repayment status
On Time
Projected term
6 weeks
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Ahadi May 5, 2017
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