Benedict

Sondu, Kenya

27% repaid

Entrepreneur

Name

Benedict

Member since

October 2013

On-time repayments

136 installments  •  18%

About Me

am a fast born child in a family of 5 children. am married to one wife, gave birth to one baby who passed away at an age of 4 months. am living in .Sondu market center in Belgut constituency in kericho county. am occupied in business field as business man. am through with my secondary education and did a driving course. i was influenced by a fast growing and developing business friend. i engage my income generated from my business in agricultural production, buying house holds ,medication, clothing,buying food, paying house rent.

My Business

am operating an m pesa shop. cash withdrawals cash deposits, all kenyan network lines majorly; safaricom ,airtel,yu.are sold in my shop. registration of safaricom lines, swap of safaricom sim cards,phone charging among others are services rendered in my shop. this service provides quick means of sending and receiving money . the service also enables customers to save their money after their sale in the market. the location of the shop attracts maney customers because its at an inlet to the market center. ready and efficient attention to customers also attracts customers. availability of services to customers at most times when required. the high demand for the service creates good work done hence good profits earned. unpredictable security measures in the surrounding could contribute to insecurity and risk to my business. money laundering . tags among risks facing my business. monthly it costs me a sum of ksh7300 and my monthly sales revenue and profits sum to ksh23500. with the farm products at hand. they can as well be sold to repay the loan also the house holds.

Loan Proposal

Thank you so much zidisha for assisting me up to these stage including mu volunteer mentor.i will now use the loan to increase my mpesa float.i will also apportion some of the loan to buy credit cards,simsex for replacing lost Sim cards.
I will also increase the chargers for several phone s as i also do phone charging in the shop.
I do appreciate your assistance and God bless you so much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jan 23, 2014

Repayment status

Late

Projected term

31 months

Lenders

investor

Candiac, Canada

Silver

Steiermark, Austria

JLadieu

Bellingham, United States

A

anonymus

Moon, United States

T

ToddK

Indianapolis, IN, USA, United States

MakeSense

-, St. Kitts and Nevis

G D Export

Kolkata, India

B

Bavarian

Bavaria, Germany

Pierfausto

Rome, Italy

H

HildeK

Rogaland, Norway

MicroFinancier

New York, United States

C

cngilkd

gaithersburg, United States

joaoferraz

RINCHOA, Portugal

A

anagnan

BRUXELLES, Belgium

Sarasota

Sarasota, Fl, United States

C

cranejoad

cazenovia, United States

TuveTheDog

Helsinki, Finland

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