Inventory of engine oil for supply

Benson

Nakuru Kenya, Kenya

100% repaid

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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 chance to express my regards to the entire Zidisha Team &lenders for the support you granted me to grow my business through zidisha platform /Loan,This 3rd loan that you have advanced to my business ,i will buy lorries Engine oil at a cost of USD 93
The product i am supplying it to the County Government maintaince yard ,this product i have to deliver it at their workshops for ease of their work.
When i buy this product(Shell Rumila Engine Oil) 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 very much for your kind support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$93.00

Date disbursed

Jun 12, 2015

Repayment status

On Time

Projected term

7 months

Other loans

Oct 2014:  $100

Feb 2015:  $97

Feb 2016:  $88

Mar 2016:  $89

Jun 2016:  $89

Dec 2016:  $89

Lenders

LaBretonne

France

NhinSD

San Diego, United States

L

lenderfromquebec

Saint-raymond, Canada

R

Roman

Barcelona, Spain

indeh

London, United Kingdom

Blosoya

Washington, DC, United States

AdvancingCompassion

San Diego, United States

L

LCG8928

Decatur, United States

P

pipsy

sm, United States

micahredding

Nashville, United States

dhulsterwim

LIER, Belgium

ayw2107

New York, United States

I

illm4n

Akaa, Finland

MohammedAli

Norrkoping, Sweden

Argyris

Los Angeles, United States

M

Marod

Edmonton, Canada

R

run426

DeBary, United States

Lyssandra

Baltimore, United States

C

Collective

Tulsa, United States

J

Jonas

Linköping, Sweden

D

DaddyBubba

Grandview, United States

B

blambert

United States

Leonardia

Waddinxveen, Netherlands

T

Tim47

United States

C

cocolo

United States

N

Nicolaas

Doha, Qatar

P

Paul

United States

S

SpawnPPC

Italy

matt carroll

London, United Kingdom, United Kingdom

M

Marion

Germany

DF

Daniel Fehr-Krahn

Winnipeg, Canada

R

Ryan

United States

Matthias

Seattle, United States

CB

Colin Borrett

Netherlands

Odyssey

France

Thomas

Mueller, Germany

JC

Jethro Carr

Wellington, New Zealand

AH

Andreas Hess

Germany

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  • Benson    Jan 6, 2017

    I take this opportunity to thank all my lenders,Thank you very much for the support of my business,this money i will use buy 2 litres engine oil for sale.Thank you

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  • Benson    Dec 24, 2016

    Hallo lenders ,i do appreciate so much for the support you give me of the loan ,i used the money to buy the motor vehicle brake pads which i supplied to the county government, the earnings helped me to add stock to my business and also to cater for my upkeep ,Thank you.

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  • Benson    Jul 3, 2016

    Hey Good lenders, I thank everyone who participated in funding my business, Thank you so much.

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  • A

    aguayo    Jul 2, 2016

    Happy to see your loan request completed. Best of luck with your business!

    - your friends in California, USA

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  • Benson    Jun 22, 2016

    Hallo good lenders ,the loan that you gave me helped me alot because the brake pads that i bought were of good quality and the county government has agreed i continue supplying the same to their workshop ,the profits that i got i used them to cater for my needs and also to continue adding stock to my shop,Thank you.

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  • Benson    Jun 11, 2016

    Hey good lenders,i am so happy for support you are continuing to offer for we small entrepreneurs growing big,my business is moving on well and i do appreciate your effort to support us,Thank you.

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  • Benson    May 14, 2016

    Hallo good lenders,i am progressing well with my business,and doing well,i would like to change my loan repayment to downward payment,Thank you for kind support.

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  • Benson    Apr 6, 2016

    I take this moment to thank every lender for the support,i will buy the brake pads for supply .Thank you.

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  • Benson    Mar 29, 2016

    Hey Lenders,the loan that you advanced to me i bought the lorries Engine oil which i supplied to the county government yard for their vehicles ,the profit helped me to add more stock and to cater for my upkeep and to pay for the loan .

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  • Benson    Feb 8, 2016

    Hey lenders ,i am so glad to let you that the loan you gave me made me to sustain the order of supplying engine oil to the county yard for their vehicles,which also improved my business and my livelihood from the sales i made ,i was also able to add stock and to repay my loan.Thank you.

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  • Benson    Feb 2, 2016

    Hey good lenders,i take this most precious time to express my happiness by being in this great family,i wish to request for a change in my loan payment,i can now say since i joined this family of Zidisha i have gained so much with the loans that i have taken ,despite some hindrances of the business ,myself ,i am so grateful and will continue to be faithful in my payments.Thank you.

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  • Benson    Jan 18, 2016

    Hey Lenders and the Zidisha Team at large, i do request to change my repayment of my loan to a bit high ,i am doing well with my business and family as well ,Thank you for kind support.

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  • James    Sep 7, 2015

    Hi lenders,
    I have reached on to Benson and have requested him to speed up his instalments.

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  • James    Jul 29, 2015

    Hi lenders,

    I have advised Benson to reschedule his loan repayments if he is in a constraint.

    James
    Vm.

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  • Benson    Jun 23, 2015

    Hallo Lenders ,i am pleased to inform you that i have bought the Engine Oil which i supplied yesterday on 22/06/2015 to the County yards and due to the Financial Budget that was read this month my payments will be delayed abit ,thats why i have opted to change my payment downward for a while .Thank you.

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  • Benson    Jun 17, 2015

    Hallo good lenders ,i received the money and i will buy the engine oil which i will supply to the county yards for their vehicles,Thank you very much for good support for my business.Thank you.

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  • Benson    Jun 11, 2015

    Thank you lenders for funding my account ,i will buy the Engine oil which i will supply to the county yards for their vehicles ,Thank you very much.

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  • Benson    Jun 4, 2015

    Kindly lenders i request for your kind support to fund my account,Thank you

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  • Benson    Jun 1, 2015

    Hey good lenders ,the previous loan that i have just concluded paying,helped me alot ,because i was able to supply the engine oil to County Government Yard for their lorries and this has helped me to win their trust for me to continue supplying the Oil ,also the welding work is doing fine and i Thank every lender who participated for the support of my business .Thank You.

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  • Benson    May 23, 2015

    Hey lenders ,i take this chance to pass my greatings,on my side i am progressing well with my business and i appreciate for your continued support.Thank you.

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