Add palm oil stock for business expand
Benjamin
Machakos, Kenya
$0 to go
100% funded of $47 goal
0
days left
Entrepreneur
Name
Benjamin
Member since
November 2017
On-time repayments
57 installments • 14%
About Me
i was born in family of three,i being the first born,we were raised by single mother since our parents divorced when i had six years old.my mother owned an hotel but one morning she was seriously attacked and injured by robbers in hotel,unfortunately we lost her,by the time i had eight years.we were rescued and taken to imani rehabilitation center,machakos cathedral diocese by priest mbindyo.my education both primary and secondary level was seen through by same priest,father mbindyo. After O level,i went to Nairobi and employed at a shop used to sell industrial chemical in Kariobangi north.The shop owner used to train people on how to make both bar and liquid soap,there i gained expertise on how to handle,mix chemicals and make soaps .for the period of two years as an employee, i save KSH20000,which i started making bar soap in my house.the people around are God fearing since the area is characterized by churches and mosque .i would wish my children to be GOD fearing , industrious and give back to the society.singing and preaching gospel in church its my call and i always fell joyous when am answering in the house of the Lord,i also passionately like helping the needy and orphans as a sign of honor and appreciation since i was once a victim.
My Business
i do make bar soap,the soap its an essential commodity in human basic needs,for we use soap in every house on daily basis in cleaning and washing.my product are hand made,no much cost incurred during processing thus i sell them at a low cost hence the demand for them its high. i decided to go on this field because i had much knowledge and grown interest in it.weekly i do ship in ksh 15000 on materials and get back ksh 12000 as a profits.i use use the profit on meeting family needs,paying school fee for three children,my two brother and an orphan whose parent died in bad road accident and they used to be our close family friends.
Loan Proposal
Dear lender.
Am in need of $48.00 for my business production.
I will spent $60.00 to buy 150 litres of palm oil stock.
This amount will bost my production by 10% as well as profit. Profit will Carter my family ,enable me to repay loan on weekly basis successfully.
Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$47.00
Date disbursed
Mar 3, 2018
Repayment status
Late
Projected term
11 months
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Lenders
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Julie Feb 3, 2018
Benjamin Feb 19, 2018
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