Entrepreneur
Name
Benson
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
This loan am intending to buy one tank of water to add to already 2 tank that I have, then I buy watre from a lorry that will bring me 11,000, during this period January at my home area water shortage is real, by the time the rain cames on March I will be already prepared, and even after the rain the business will still continue, am expecting to sell 20 shillings for 20liters of water, during rain season I sell at 10 shilling because I wount be buying water then, it will be from rain water, I will happy if I qualified for this loan
Feedback
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$683.00
Date disbursed
Jan 26, 2019
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Norway
Canada
Ask Benson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...