Distributing grain storage sacks to farmers
Benard
Nakuru Town, Kenya
1% repaid
Entrepreneur
Name
Benard
Member since
March 2015
On-time repayments
96 installments • 1%
About Me
I grew up in Meru a district in Kenya. I was born in 1954 and i went to school nearby home and i went to secondary school quite far from home. After graduation from secondary school i was employed as a civil servant in the ministry of lands as a secretary where i worked till my retirement. Iam now a senior citizen who has retired but has not tired from active work. After retirement, i decided to venture into business and after careful consideration, i started selling sacks focusing individuals and wholesalers. I have been running this business for sometime now and through it i have been able to see my children 6through school and as well the business has changed me drastically now that i have a network of clients and a pool of resources to enhance my customers needs.
Iam married with six grown up children and all working and therefore thanking God for keeping me alive to see my grandchildren.
My future dreams is to have a wide market in East and Central Africa now that the world has become a global village. I look forward to capitalize on the east Africa community markets and see my business grow big.
This business has given experience which i have shared with my clients and most of them see me as their role model for growth and development.
My Business
I do retail and whole sales services of sacks within and outside Nakuru.I started this business over three years ago. I decided to start this business after a thorough research and i realized that during harvest time farmers/individuals have problems in packaging their products and i realized that it was an opportune moment to start that business.The biggest challenge is when the demand is too high and i don't have enough money to do the supplies.Otherwise any business ventures has challenges such as competition, poor marketing strategies, and variation in market prices.However, i have tried to counter this through good promotion strategies, good public relations and trust with my clients and therefore a good customer base.
My customers are individuals/ farmers.Iam very proud of my business. I took a business that i have passion on and i do it to not only to my satisfaction, but to the total satisfaction of my clients.
Loan Proposal
The loan will be used to purchase sacks for sale at a cost of $100. This will be done at whole sale and retail. This will greatly impact my business positively and by extension, individually, at family level and business wise.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 13, 2015
Repayment status
Late
Projected term
22 months
Lenders
Austin, United States
Germany
Summary
Amount repaid
$1.10
Amount remaining
$104.25
Expected completion
Jan 15, 2017
Status
Repaying late
Installment amount
$1.10
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 22, 2015 | $1.10 | Mar 24, 2015 | $1.10 |
| Mar 29, 2015 | $1.10 | ||
| Apr 5, 2015 | $1.10 | ||
| Apr 12, 2015 | $1.10 | ||
| Apr 19, 2015 | $1.10 | ||
| Apr 26, 2015 | $1.10 | ||
| May 3, 2015 | $1.10 | ||
| May 10, 2015 | $1.10 | ||
| May 17, 2015 | $1.10 | ||
| May 24, 2015 | $1.10 | ||
| May 31, 2015 | $1.10 | ||
| Jun 7, 2015 | $1.10 | ||
| Jun 14, 2015 | $1.10 | ||
| Jun 21, 2015 | $1.10 | ||
| Jun 28, 2015 | $1.10 | ||
| Jul 5, 2015 | $1.10 | ||
| Jul 12, 2015 | $1.10 | ||
| Jul 19, 2015 | $1.10 | ||
| Jul 26, 2015 | $1.10 | ||
| Aug 2, 2015 | $1.10 | ||
| Aug 9, 2015 | $1.10 | ||
| Aug 16, 2015 | $1.10 | ||
| Aug 23, 2015 | $1.10 | ||
| Aug 30, 2015 | $1.10 | ||
| Sep 6, 2015 | $1.10 | ||
| Sep 13, 2015 | $1.10 | ||
| Sep 20, 2015 | $1.10 | ||
| Sep 27, 2015 | $1.10 | ||
| Oct 4, 2015 | $1.10 | ||
| Oct 11, 2015 | $1.10 | ||
| Oct 18, 2015 | $1.10 | ||
| Oct 25, 2015 | $1.10 | ||
| Nov 1, 2015 | $1.10 | ||
| Nov 8, 2015 | $1.10 | ||
| Nov 15, 2015 | $1.10 | ||
| Nov 22, 2015 | $1.10 | ||
| Nov 29, 2015 | $1.10 | ||
| Dec 6, 2015 | $1.10 | ||
| Dec 13, 2015 | $1.10 | ||
| Dec 20, 2015 | $1.10 | ||
| Dec 27, 2015 | $1.10 | ||
| Jan 3, 2016 | $1.10 | ||
| Jan 10, 2016 | $1.10 | ||
| Jan 17, 2016 | $1.10 | ||
| Jan 24, 2016 | $1.10 | ||
| Jan 31, 2016 | $1.10 | ||
| Feb 7, 2016 | $1.10 | ||
| Feb 14, 2016 | $1.10 | ||
| Feb 21, 2016 | $1.10 | ||
| Feb 28, 2016 | $1.10 | ||
| Mar 6, 2016 | $1.10 | ||
| Mar 13, 2016 | $1.10 | ||
| Mar 20, 2016 | $1.10 | ||
| Mar 27, 2016 | $1.10 | ||
| Apr 3, 2016 | $1.10 | ||
| Apr 10, 2016 | $1.10 | ||
| Apr 17, 2016 | $1.10 | ||
| Apr 24, 2016 | $1.10 | ||
| May 1, 2016 | $1.10 | ||
| May 8, 2016 | $1.10 | ||
| May 15, 2016 | $1.10 | ||
| May 22, 2016 | $1.10 | ||
| May 29, 2016 | $1.10 | ||
| Jun 5, 2016 | $1.10 | ||
| Jun 12, 2016 | $1.10 | ||
| Jun 19, 2016 | $1.10 | ||
| Jun 26, 2016 | $1.10 | ||
| Jul 3, 2016 | $1.10 | ||
| Jul 10, 2016 | $1.10 | ||
| Jul 17, 2016 | $1.10 | ||
| Jul 24, 2016 | $1.10 | ||
| Jul 31, 2016 | $1.10 | ||
| Aug 7, 2016 | $1.10 | ||
| Aug 14, 2016 | $1.10 | ||
| Aug 21, 2016 | $1.10 | ||
| Aug 28, 2016 | $1.10 | ||
| Sep 4, 2016 | $1.10 | ||
| Sep 11, 2016 | $1.10 | ||
| Sep 18, 2016 | $1.10 | ||
| Sep 25, 2016 | $1.10 | ||
| Oct 2, 2016 | $1.10 | ||
| Oct 9, 2016 | $1.10 | ||
| Oct 16, 2016 | $1.10 | ||
| Oct 23, 2016 | $1.10 | ||
| Oct 30, 2016 | $1.10 | ||
| Nov 6, 2016 | $1.10 | ||
| Nov 13, 2016 | $1.10 | ||
| Nov 20, 2016 | $1.10 | ||
| Nov 27, 2016 | $1.10 | ||
| Dec 4, 2016 | $1.10 | ||
| Dec 11, 2016 | $1.10 | ||
| Dec 18, 2016 | $1.10 | ||
| Dec 25, 2016 | $1.10 | ||
| Jan 1, 2017 | $1.10 | ||
| Jan 8, 2017 | $1.10 | ||
| Jan 15, 2017 | $0.96 | ||
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