Mobile phone accessories

Benson

Busia, Kenya

100% repaid

Entrepreneur

Name

Benson

Member since

March 2017

On-time repayments

31 installments  •  55%

About Me

Hi,I'm Benson wanzala from busia kenya,I was brought up from a humble background by a single parent "mother", enjoying basic commodities was our biggest dream ,life was full of struggling but one thing that I always thank our mother is, she used to encourage us to be focused and determine." focus and determination "helped to see myself through highschool and start my own business.

My Business

I deal with mobile phones, Mobile accessories, electrical materials, electronicsetc,the business is in a very strategic place and with enough capital, it can leave heads rolling.I chose this kind of business because, most of the goods I provide are imperishable hence loss is low,the location also contributed in desiding these kind of business,the profit I receive from my business,hep in paying for my bills

Loan Proposal

The loan amount that I'm requesting will help me a lot in boosting the business as follows: I'll have to go for goods that are on demand like, credit cards etc.This kind of an item has no much profit but I prefer going for it since, it has or leaves no dead stock,it also make make money to siculate quickly in business example, when I buy credit worth 20 dollars, I'll end up with a profit of 2 dollars after sells,and this can be realized twice in a day since the demand is very high.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Aug 9, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

G

Goodwill

Oakland, United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

B

bea

Australia

I

Ivan

New York, United States

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  • Benson    Nov 13, 2017

    Hello,thanks for the loan you sent to me, I received it,as I stated in my application, I immediately went for the credit cards as I received the money

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  • Benson    Nov 5, 2017

    Hello members,my last loan was of a great help,I used it in adding stock in my shop, some of the items that I bought and sold at wholesale price was:mobile accessories and photocopy papers

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  • Benson    Aug 7, 2017

    Hello,thank you guys for your support,the amount borrowed will be of a great help to my business, as I stated earlier in my loan application, I'll buy credit cards which will leave me with a profit of 3-5 dollar per day

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  • Benson    Aug 2, 2017

    Hello,thanks so much for the loan that I've just finished servicing, it helped me a lot in boosting my business, I bought a first moving goods for a stock and I can confess,my business is now going places, after selling those goods I ended up with a good profit

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  • Benson    Jul 3, 2017

    Hello,thanks so much for the load support which you sent to me, I received it last week towards the end and it has really helped me by boosting the business I can now stock variety and more goods compared to earlier on

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  • Benson    Jun 29, 2017

    Thank you so much for the trust you have towards me and willingness to entrust me with your money, the loan amount borrowed will be so helpful in my business since I'll use it to boost my business.

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  • Benson    Jun 28, 2017

    my last loan amount borrowed helped me alot in boosting business as follows:i bought photocopy papers two rims which cost me 700ksh seven hundred shillings,equievalent to 7 [seven] us dollars.in a rim there are 500 sheets and per sheet i charge 3 ksh,therefore,i med 1500 ksh,which is equivalent to 15 us dollars.with a good calculation and minus other expenses,i have ended up with acool seven us dollars.this has really increased my earnings

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  • Benson    May 31, 2017

    Thank you so much for the financial boost of 898 ksh that i received on may 26th,the amount helped me so much in buying some stationeries like, copier papers 2 rims, the remaining 189ksh I toped up and bought cartridge for my printer

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  • Benson    May 23, 2017

    Hello guys, thanks for the financial support,this will help me a lot by boosting the business to some extend, I'll have to go for copier paper which will earn me 10$ per realm per day.

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  • Benson    May 22, 2017

    The just complitted loan was timely, it helped me a lot in increasing the rate of services to my customers, I bought credit cards and it gave me ahandsome returns in daily basis, initially I used to earn a profit of 100 KES but this increased by 50%

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  • Benson    May 15, 2017

    Thanks so much guys for the funding, I received a loan of 630 on 20th April this year, it helped me a lot by boosting my mpesa float, I really appreciate

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  • Benson    Mar 20, 2017

    Hello guys,thanks a lot for the financial support,I received the loan on 15th this month and added some goods into my stock,in fact I've already done my first repayment. Thanks a lot

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