Boost LPG business

Benson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Benson

Member since

March 2018

On-time repayments

10 installments  •  100%

About Me

My name is Benson Macharia Muhia. I was born 42 years ago in Murang'a county, Kangema district, Kanyanyaini location. I finish my secondary education in 1996 whereby i got good grades to join university but i was unable to join due to lack of funds so i started doing shop keeping but later i was employed in an aviation company where i am working up to date.

My Business

Currently i am employed with a gross income of Ksh. 30,000. With this income i am earger to invest in a business that will help me to sustain myself in my old age. After total monthly expenditure i am left with a net income of Ksh. 15,000 which i will comfortably use to repay the loan if approaved.

Loan Proposal

This loan will help me to buy more gas cylinders since the demand is high. I am intending to have a stock of fifty cylinders. Currently i am operating with ten cylinders and with this loan i will buy two more cylinders and this will help the business to grow gradually until i reach my target of fifty cylinders.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Nov 26, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

B

bileiro

Mandaluyong, Philippines

T

TP

United States

R

RM

Australia

EA

Eric Ayers

Atlanta, United States

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Summary

Amount repaid

$49.27

Amount remaining

$0.00

Date repaid

Jan 1, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 4, 2018 $9.85 Dec 3, 2018 $9.85
Dec 11, 2018 $9.85 Dec 11, 2018 $9.85
Dec 18, 2018 $9.85 Dec 18, 2018 $9.85
Dec 25, 2018 $9.85 Dec 25, 2018 $9.85
Jan 1, 2019 $9.85 Jan 1, 2019 $9.85

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