Expanding my home supplies shop

Benson

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Benson

Member since

May 2015

On-time repayments

246 installments  •  72%

About Me

My story in childhood is that i was able to join kim's kindergarten which was just opposite our home later i joined mirangine primary school. after that i joined mikeu secondary school and the grade that i got could not help me to join university. i started hustling up and down looking for better life.through all this process i meet many difficulties that i almost loosed hope and i had to go back home and started small scale farming and little by little i found that i could make it. that season i had planted maize and it did well that i was able to get 309$ which i moved with them to start a shop in nakuru-langa langa.

My Business

My business is currently doing good cause the products that i deals with have to be consumed each and everyday. my shop deals with home basic needs that is; sugar, bar soaps, cooking fat, all types of detergent,flour, soft drinks but though its small i hope to expand it in future.
the cost of my business are;
rent=82$
license per year is 123$
all product cost is 500$
my daily need 3$ my monthly income is 144$
total profit 59$

Loan Proposal

Hi lenders, my plan with the loan is to bring in new brands and add to the existing one and by that i will be able to capture more customers in my business. my aim is to buy 10kilograms of rice costing 14$, i will also buy 15kilograms of maize four costing 18$, 10litres of cooking oil costing 12$. this will help me win more customers leading to more profit and customer will be able to get service according to their needs. my profit increment expectation is 10 per cent and above which will help me pay my loan and saving for the rain seasons.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Nov 18, 2015

Repayment status

On Time

Projected term

12 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$208.99

Amount remaining

$0.00

Date repaid

Sep 14, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 29, 2015 $15.00 Dec 2, 2015 $15.00
Dec 6, 2015 $1.00 Dec 12, 2015 $1.00
Dec 13, 2015 $15.00 Dec 12, 2015 $7.00
Dec 19, 2015 $8.00
Dec 20, 2015 $0.00
Dec 27, 2015 $3.00 Dec 26, 2015 $3.00
Jan 3, 2016 $3.00 Dec 26, 2015 $3.00
Jan 10, 2016 $3.00 Dec 26, 2015 $2.00
Jan 3, 2016 $1.00
Jan 17, 2016 $3.00 Jan 3, 2016 $3.00
Jan 24, 2016 $3.00 Jan 3, 2016 $3.00
Jan 31, 2016 $3.00 Jan 3, 2016 $1.00
Jan 18, 2016 $2.00
Feb 7, 2016 $3.00 Jan 24, 2016 $3.00
Feb 14, 2016 $3.00 Feb 8, 2016 $3.00
Feb 21, 2016 $3.00 Feb 23, 2016 $3.00
Feb 28, 2016 $3.00 Feb 27, 2016 $3.00
Mar 6, 2016 $3.00 Mar 6, 2016 $3.00
Mar 13, 2016 $3.00 Mar 6, 2016 $2.00
Mar 13, 2016 $1.00
Mar 20, 2016 $3.00 Mar 13, 2016 $3.00
Mar 27, 2016 $3.00 Mar 13, 2016 $1.00
Mar 20, 2016 $2.00
Apr 3, 2016 $3.00 Mar 20, 2016 $3.00
Apr 10, 2016 $3.00 Apr 17, 2016 $3.00
Apr 17, 2016 $3.00 Apr 17, 2016 $3.00
Apr 24, 2016 $3.00 Apr 17, 2016 $2.00
Apr 19, 2016 $1.00
May 1, 2016 $3.00 Apr 19, 2016 $3.00
May 8, 2016 $3.00 Apr 22, 2016 $3.00
May 15, 2016 $3.00 Apr 22, 2016 $3.00
May 22, 2016 $3.00 Apr 26, 2016 $3.00
May 29, 2016 $3.00 Apr 26, 2016 $3.00
Jun 5, 2016 $3.00 Apr 28, 2016 $3.00
Jun 12, 2016 $3.00 Apr 28, 2016 $2.00
May 4, 2016 $1.00
Jun 19, 2016 $3.00 May 4, 2016 $3.00
Jun 26, 2016 $3.00 May 5, 2016 $3.00
Jul 3, 2016 $3.00 May 11, 2016 $3.00
Jul 10, 2016 $3.00 May 11, 2016 $3.00
Jul 17, 2016 $3.00 May 11, 2016 $1.00
Jul 31, 2016 $2.00
Jul 24, 2016 $3.00 Jul 31, 2016 $1.00
Aug 7, 2016 $2.00
Jul 31, 2016 $3.00 Aug 7, 2016 $3.00
Aug 7, 2016 $3.00 Aug 7, 2016 $3.00
Aug 14, 2016 $3.00 Aug 7, 2016 $2.00
Aug 16, 2016 $1.00
Aug 21, 2016 $3.00 Aug 16, 2016 $3.00
Aug 28, 2016 $3.00 Aug 16, 2016 $1.00
Aug 17, 2016 $2.00
Sep 4, 2016 $3.00 Aug 18, 2016 $3.00
Sep 11, 2016 $3.00 Aug 19, 2016 $3.00
Sep 18, 2016 $3.00 Aug 20, 2016 $3.00
Sep 25, 2016 $3.00 Aug 22, 2016 $3.00
Oct 2, 2016 $3.00 Aug 22, 2016 $3.00
Oct 9, 2016 $3.00 Aug 23, 2016 $3.00
Oct 16, 2016 $8.00 Aug 24, 2016 $3.00
Aug 25, 2016 $3.00
Aug 26, 2016 $2.00
Oct 23, 2016 $8.00 Aug 26, 2016 $1.00
Aug 27, 2016 $3.00
Aug 29, 2016 $4.00
Oct 30, 2016 $8.00 Aug 29, 2016 $2.00
Aug 30, 2016 $3.00
Sep 1, 2016 $3.00
Nov 6, 2016 $8.00 Sep 3, 2016 $3.00
Sep 5, 2016 $5.00
Nov 13, 2016 $8.00 Sep 5, 2016 $1.00
Sep 8, 2016 $7.00
Nov 20, 2016 $11.99 Sep 8, 2016 $5.00
Sep 9, 2016 $3.00
Sep 14, 2016 $3.99

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