Inventory of brake pads,brake fluid & engine oil

Benson

Nakuru Kenya, Kenya

100% repaid

Entrepreneur

Name

Benson

Member since

September 2014

On-time repayments

126 installments  •  52%

About Me

My names are Benson Ndiritu Wambugu,I was born 1980 in Nyeri District, I am the 3rd born in a family of four siblings .i went through primary school education and High School education respectively ,due to lack of college fee I was unable to join college and later started hawking in Nyeri Town,I am married and I have one child (a boy by the name Vicky)having brought up tofrom a strict Christian family ,I become devoted to the church and I am the Youth Teacher,I love reading documentary News,making and meeting new friends and reading the Bible.

My Business

My business is fully focused on vehicle spare parts & also I do have a welding machine for the welding job that comes when the vehicles are being repaired.i do stock and sell both new and second hand spares. I purchase my products from Nairobi and also from our neighboring country Uganda,Kampala direct from those who import at a considerable price, making my selling price more favorable to that of my competitors. I have established a good customer link especially through the mechanics personnel around this area who bring clients closer to the business and referring them to my business. I have employed a trained mechanic & also a welding expert person who makes sure that the stock bought is of good quality and also offers a good after sales services to the clients and ensuring as well the welding work is done to the standard and to the satisfactory of the customers .
Currently I am operating the business at a cost of USD 1400,the average sales per day is USD 148,At the end of the month the profit that I make from the business I use it to pay the school fees of my kid and for the daily upkeep and settle the bills.i also do have to save for the progress of my business and I save atleast USD 65.Thank You in advance for your kind support and consideration.God Bless You

Loan Proposal

I take this noble chance to pass my regards to the entire Zidisha Team ,for granting me this opportunity to grow my business through zidisha platform /Loan,This loan that you have advanced to my business and I,i will buy Brake Pads at a cost of USD 50,Brake fluids at a cost of USD 25 and engine oil at a cost of USD 25 respectively.
This products are in high demand because most of the vehicles that visit my area of business are public service vehicles,commonly known here as (matatu),and they commonly come for engine service where engine oil is required and also braking system service ,and they need brake pads replacement and brake fluid to be refilled.
When i buy this products through this loan it will be of great boost to my business and it will assist me to pay my loan back through increased sales and profit ,i will also increase my savings and pay for my daily upkeep and bills.Thank You.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Oct 13, 2014

Repayment status

On Time

Projected term

4 months

Lenders

J

johnrmeier

United States

Voscke

Utrecht, Netherlands

DF

Dennis Furr

United Kingdom

Ask Benson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$105.09

Amount remaining

$0.00

Date repaid

Feb 19, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 26, 2014 $10.25 Dec 4, 2014 $10.25
Nov 2, 2014 $10.25 Dec 4, 2014 $1.11
Dec 5, 2014 $9.14
Nov 9, 2014 $10.25 Dec 5, 2014 $2.23
Dec 6, 2014 $8.02
Nov 16, 2014 $10.25 Dec 6, 2014 $3.34
Dec 7, 2014 $6.91
Nov 23, 2014 $4.45 Dec 7, 2014 $4.45
Nov 30, 2014 $0.00
Dec 7, 2014 $0.00
Dec 14, 2014 $3.41 Dec 10, 2014 $3.41
Dec 21, 2014 $3.41 Jan 6, 2015 $3.41
Dec 28, 2014 $3.41 Jan 6, 2015 $3.41
Jan 4, 2015 $3.41 Jan 6, 2015 $3.41
Jan 11, 2015 $3.41 Jan 6, 2015 $1.14
Jan 11, 2015 $2.27
Jan 18, 2015 $3.41 Jan 11, 2015 $1.14
Jan 21, 2015 $2.27
Jan 25, 2015 $3.41 Jan 21, 2015 $3.41
Feb 1, 2015 $3.41 Jan 31, 2015 $3.41
Feb 8, 2015 $3.41 Feb 16, 2015 $3.41
Feb 15, 2015 $3.41 Feb 16, 2015 $3.41
Feb 22, 2015 $25.55 Feb 17, 2015 $11.36
Feb 19, 2015 $14.18

Loading...