Open a produce shop for my wife

Benson

Mtwapa, Kenya

Funds disbursed

$0 to go

100% funded of $50 goal

0

days left

Entrepreneur

Name

Benson

Member since

March 2013

On-time repayments

22 installments  •  36%

About Me

My name is Benson Kyalo, a resident if mtwapa and a businessman in mtwapa as well.I am a family man,married and blessed with 3 children.I live in mtwapa and am a businessman.I hold an O level certificate and also certificate in business management.i started business because mtwapa being a 24hrs zone i found it neccessary to do businnees rather than being employed. With the income i get from this business i use to buy food for my family, pay rent, pay school fees and other family needs. My main objective is make sure that this business expands to an extent that i employ other youth who are jobless. In this i will be helping others at the same time building a good future to my family.

My Business

my business is a motor cycle one commonly known as bodaboda that involves fetching people from one point to the other,mtwapa being a growing city thats allows businees to run for 24hrs, its population is high people move from place to place regularly.most peolple prefer my bodaboda because am efficient,responsible and carry my duties well.i also ride my bike well compared to most that are very rough.risks involved are that if u drive roughly the bike is damaged in a short time,bike may get stolen so you have to very carefully.you can make 1500 sh per day is the average which sums up to 45000 per month.maitanace and fuel costs 400 per day which comes to 12000 thus 33000 is the profit if no changes or any serious damages occur.

Loan Proposal

Hello my dear lenders and the entire zidisha community. its my hope you are all well. Here am very happy that i got the best financial supporter i needed most. with my previous loan i was very successful after doing repairs that made my working ability boost more. with this loan i would like to open a green grocery for my wife so that we may spin hands in uplifting the family financial status. thank so much for your continued support. may God bless you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 30, 2014

Repayment status

Late

Projected term

2 months

Lenders

Padrino

Kilkenny, Ireland

Sarasota

Sarasota, Fl, United States

dlpringle

Denver, United States

Kamil

Lidzbark Warminski, Poland

Louella

Australia

A

ajayhk

San Jose, United States

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