Entrepreneur
Name
Benson Muhu
Member since
August 2012
On-time repayments
241 installments • 91%
About Me
I live in Kiptangwanyi shopping center which is approximately 43km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with four children, three of them are schooling at a nearby school. I live in plot number 52B at the shopping center where I carry out my business with my family. My business entails a kerosene pump at the shopping center. The business is profitable as kerosene is an essential commodity.
My Business
I engage in the services of providing kerosene at the shopping center. The business is profitable as kerosene is an essential commodity in this area especially in the villages surrounding the shopping center. Most areas in this region are not connected with the electricity prompting them to use kerosene and therefore the demand for this commodity is very high. The challenges that this business face are lack of finances to expand the business and frequent fluctuation of world fuel prices.
Loan Proposal
Number one, is to buy small bulls I feed them with dairy meals plus hay, BT I will castrate them to make grow quickly, after 6 to1 year I will make good money
Feedback
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$751.66
Date disbursed
Oct 15, 2019
Repayment status
Late
Projected term
17 months
Cost to entrepreneur
Service fee: $29.17
Credit risk payment:
$175.09
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