Entrepreneur
Name
Benson
Member since
March 2017
On-time repayments
21 installments • 71%
About Me
My name is Benson Munene Njeri I work in the ministry Of Education Kenya.I am the fourth born of my family of 5.grew in abject poverty without a father raised up by my grandmother it even hard afford a meal.i struggled through my casual labour where i save to further my studies.thereafter securing employment.my net salary is 300 dollars am the sole bread winner in my young family and because of financial I engage in the business of supplying office stationary to offices and bookshops.I receive orders and after delivering the items I get paid and a make a profit which go handy to supplement my income.
My Business
I supply office stationary to bookshops and offices which includes photocopying papers,tonners,envelopes,writing pads,ink pads,paper Punch's,staples,stapplers,sticker glue,pins,writing pens,pencils,rulers and rubbers.this cost me 50 dollars and the delivery and down payments I do make a profit margin of 20 dollars.This profits I use to expand my business and support my family.The source of my capital is savings from my salary.
Loan Proposal
i will use the loan to buy photocopying papers @10 dollars,writing pads @ 5 dollars, envelops @ 5 dollars,paper punch @ 5 dollars, staplers @ 5 dollars,writing pens @5 dollars,mark pens @ 5 dollars.The remaining balance of 20 dollars i will finance from my salary to get the whole amount of 42 dollars.out of this tender i will get a profit margin of 20 dollars after the supply.this profit will help me meet the needs of my young family by paying house rent and bettering our livelihoods.At the same time i will get more capital to expand by business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$36.00
Date disbursed
Nov 23, 2017
Repayment status
On Time
Projected term
4 weeks
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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