Additional stock for my retail shop

Edwin

Kisii , Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

February 2019

On-time repayments

33 installments  •  76%

About Me

am a business man I Edwin migiro machuka I normally have a business in terms of processing and I sell in retail and wholesale I also have shop which I do sellers and marketing

My Business

I normally buy 5 packets of flour I @65 wholesale prices and I sell retail @110 I get a profit of 55 each packets and I buy creates of soda 3 per day one crate it cost 570 so I sell each bottle at 30 so per bottle I get a profit of 7 I also sell biscuits if given the loan I would appreciate I wii add my stock

Loan Proposal

I am going to buy 30 packs of mineral water at 9,000 which i will sale during this drought spell since there are no rains, the balance of 4,000 i will use to obtain business permit to allow me to be in business. So once i receive this money i will use exactly they way i have planned.
I hope Zidisha will fund me
Thank you in advance.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$130.00

Date disbursed

Apr 20, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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  • Daniel    Nov 29, 2019

    Hello lenders,

    Have spoke to Mr Machuka and he has been experiencing challenges ,but he has promised to make some payment next week

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  • Edwin    Oct 10, 2019

    I can not pay full amount due to business challenge

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  • Edwin    Sep 29, 2019

    My business stock is down since last month

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  • Edwin    Sep 16, 2019

    my business has go down since last month

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  • Edwin    Sep 14, 2019

    my business has go down since last month please bear with me

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  • Edwin    Sep 7, 2019

    my business has improved

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  • Edwin    Aug 31, 2019

    my stock in business expired so it does not produce the profit I need so I get a big loss which has affected my loan

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  • Edwin    Aug 17, 2019

    my stock has expired I have not received the profit

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  • Edwin    Aug 3, 2019

    as I said earlier dear customer

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  • Edwin    Jul 13, 2019

    as said earlier customer

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  • Edwin    Jun 29, 2019

    as I said earlier we still have differences with my partner in business

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  • Edwin    Jun 22, 2019

    Hello zidisha I have not opened my business since 3 weeks ago I had issues with my location where my business was located the landlord added rent fee due to that I have not opened my kiosk so we are still discussing but once I opened my business I will bounce back to pay my loan thank you so much zidisha

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  • Edwin    Jun 10, 2019

    As i said early i would like to thank the Lenders for the great Support they have showed to us.
    Once i receive this money i will use it as i explained early. Buyin
    g 10 bandles of Maize flour 2Kg and 10 bandles of 1Kg Maize flour.

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  • Edwin    Jun 9, 2019

    not yet received my loan

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  • Edwin    Jun 8, 2019

    have not received my loan since yesterday what happened

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  • Edwin    May 31, 2019

    what if I don't pay by 1 but I clear by 8 will my loan be decreased

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  • Edwin    May 20, 2019

    my loan was supposed to increase because I paid my loan on time but I have received less than I expected what happened my lenders

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  • Edwin    May 10, 2019

    business is not doing well, currently.

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  • Edwin    May 4, 2019

    how do I adjust my repayment

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    • Laurie    May 4, 2019

      Lenders can't help you with that, Edwin.
      You would need to use the HELP link
      in your account to send a private message
      to the Staff (www.zidisha.org) to ask
      for assistance (look for a subject option
      with a text-box available); or you could ask
      fellow borrowers in the "Borrower Questions"
      section of the Forum: www.zidisha.org/forums/1;
      or you could contact your Volunteer Mentor,
      who should be able to guide you.

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  • Edwin    Apr 28, 2019

    I have received my loan thank You so much for the positive impact toward my business thank you so much

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