Accessories capital boost

Benson

Busia, Kenya

100% repaid

Entrepreneur

Name

Benson

Member since

March 2017

On-time repayments

31 installments  •  55%

About Me

Hi,I'm Benson wanzala from busia kenya,I was brought up from a humble background by a single parent "mother", enjoying basic commodities was our biggest dream ,life was full of struggling but one thing that I always thank our mother is, she used to encourage us to be focused and determine." focus and determination "helped to see myself through highschool and start my own business.

My Business

I deal with mobile phones, Mobile accessories, electrical materials, electronicsetc,the business is in a very strategic place and with enough capital, it can leave heads rolling.I chose this kind of business because, most of the goods I provide are imperishable hence loss is low,the location also contributed in desiding these kind of business,the profit I receive from my business,hep in paying for my bills

Loan Proposal

The loan amount requested will be so meaningful in my business since it will help in boosting the business as explained bellow:
I'll buy fastest moving items eg,photocopy papers goes at 3.5 dollars per realm,each realm contains 500 copier sheets, at my place of work I use one and a half realm in two days,therefore I'll end up with 15 dollars per realm and the amount borrowed can give me 3 realms. This means I'll be making 30 dollars in three days

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Laurie

Sry, Canada

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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