Benard

Sabaru-eldoret, Kenya

100% repaid

Entrepreneur

Name

Benard

Member since

August 2013

On-time repayments

67 installments  •  7%

About Me

I am single and the second born in a family of four.as described above,I live in sabaru estate just i km from the town and another 1 km to Jerusalem.
I live in Subaru estate block 2 room.its actually situated along ITen road.i hold a diploma in business administration from Kenya institute of management studies(KIMS).
My business entails selling of mobile phones housing,batteries and within the same shop i own an mpesa,a service offered by safari com to enable customers make deposits and send money and can also pay bills using the same service.
I have been using the earnings i derive to boost more of my business and assist our family too as my elder sister is currently pursuing his degree.

My Business

As described above,My business entails selling of mobile phones; housing,batteries and within the same shop i own an mpesa,a service offered by safari com to enable customers make deposits and send money and can also pay bills using the same service.I get good commissions every month since there is no near competitor around and these will be used to pay the loan.
normally my monthly commissions ranges from ksh.20000 to Ksh.35000 after withholding tax deductions from safari com.
My business faces challenges like lack of enough capital to efficiently allow customers to withdraw money of any amount every time without failure.
If accorded the loan,my business will never be the same again.

Loan Proposal

First i would like say thanks for activating my profile.it has really come at the right time that i really needed.i will now use the loan to increase the float of my M pesa and increase some the stocks especially for those phones which are moving faster.
These will later increase my commissions and daily sales too which will later allow me to make my monthly remittance promptly.
I promise to all my lenders that i will not let you down.
Thanks and be blessed.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 13, 2013

Repayment status

On Time

Projected term

22 months

Other loans

Lenders

A

AlexCheng

Seattle, United States

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