Benson Muhu

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Benson Muhu

Member since

August 2012

On-time repayments

241 installments  •  91%

About Me

I live in Kiptangwanyi shopping center which is approximately 43km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with four children, three of them are schooling at a nearby school. I live in plot number 52B at the shopping center where I carry out my business with my family. My business entails a kerosene pump at the shopping center. The business is profitable as kerosene is an essential commodity.

My Business

I engage in the services of providing kerosene at the shopping center. The business is profitable as kerosene is an essential commodity in this area especially in the villages surrounding the shopping center. Most areas in this region are not connected with the electricity prompting them to use kerosene and therefore the demand for this commodity is very high. The challenges that this business face are lack of finances to expand the business and frequent fluctuation of world fuel prices.

Loan Proposal

Thank you lenders for offering me another opportunity to post a loan on Zidisha website.
I have been able to improve my business well with the first loan and it has been of great help. I wish to use the third loan that I will get to buy more fuel that I supply using my kerosene pump.Thank you very much for the support that you have offered me.

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$495.80

Date disbursed

Dec 1, 2013

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Lender interest: $495.80 at 9.68% annual rate over 12 months = $49.73

Service fee: $18.14

Lenders

AWOL

USA, United States

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

D

dkapplerb

Toronto, Canada

P

Philippe

Adliswil, Switzerland

Kjartan

Oslo, Norway

A

anonymus

Moon, United States

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

Pierfausto

Rome, Italy

andreasol

Bielefeld, Germany

B

bopsquod

Seattle, Wa, United States

mewesten

Waynesboro, United States

J

JayZKay

New York, United States

N

netsirkd

Highland, United States

joaoferraz

RINCHOA, Portugal

melzisme

Kl, Malaysia

mojobob

Hayward, United States

Sarasota

Sarasota, Fl, United States

Giucca

Indjija, Yugoslavia

V

Volpone

Geneva, Switzerland

lend518

M, China

C

cranejoad

cazenovia, United States

stroi08

Odense C, Denmark

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