Benson
Kiptangwanyi, Kenya
100% repaid
Name
Benson
Member since
August 2012
On-time repayments
241 installments • 91%
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.
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.
Dear lenders,
I am grateful for another chance of improving my livelihood in this platform. I wish to use this loan to purchase a plot in my town where i will station my diesel electric pump. This will cut down on the rent i pay and eventually help me increase my profits. I integrated selling diesel in my small kerosene shop and I manage to sell to tractors and lorries this commodity therefore this will also create a bigger space where i will comfortably serve my customers. The plot will cost 100000ksh(978.47US dollars) The loan from Zidisha is 42143ksh(412.35US dollars). the remaining amount(566 US dollars) will be from my little savings that i have. I hope to increase my monthly revenues to ksh 50000(489US dollars).
Thank you
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$420.00
Date disbursed
Feb 15, 2016
Repayment status
On Time
Projected term
3 months
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Amount repaid
$441.00
Amount remaining
$0.00
Date repaid
May 23, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 28, 2016 | $32.00 | Feb 26, 2016 | $32.00 |
Mar 6, 2016 | $32.00 | Mar 5, 2016 | $32.00 |
Mar 13, 2016 | $32.00 | Mar 11, 2016 | $32.00 |
Mar 20, 2016 | $32.00 | Mar 19, 2016 | $32.00 |
Mar 27, 2016 | $32.00 | Mar 25, 2016 | $32.00 |
Apr 3, 2016 | $32.00 | Apr 2, 2016 | $32.00 |
Apr 10, 2016 | $32.00 | Apr 5, 2016 | $32.00 |
Apr 17, 2016 | $32.00 | Apr 13, 2016 | $32.00 |
Apr 24, 2016 | $32.00 | Apr 22, 2016 | $32.00 |
May 1, 2016 | $32.00 | Apr 29, 2016 | $32.00 |
May 8, 2016 | $32.00 | May 7, 2016 | $32.00 |
May 15, 2016 | $32.00 | May 14, 2016 | $32.00 |
May 22, 2016 | $32.00 | May 16, 2016 | $32.00 |
May 29, 2016 | $25.00 | May 23, 2016 | $25.00 |
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