Name
Edwin
Member since
February 2019
On-time repayments
33 installments • 76%
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
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
Once i receive this money i am going to to buy 10 Bandles of Jogoo 2Kg (Each bandle consists of 12 Packets of 2Kg, costing Ksh 12,000/- and i will also buy 10 creates of Soda 5 creates for 500Ml and 5 creates 300Ml.
The 500ml soda which cost Ksh. 4,000/- and 300Ml will cost Ksh, 2700, Once i recieve this money i am going to use this financial aid as i have stipulated above.
It will enable me repay back the loan within a short time.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$189.00
Date disbursed
Jun 10, 2019
Repayment status
Late
Projected term
5 months
Ask Edwin a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.