Name
Benson
Member since
February 2015
On-time repayments
52 installments • 27%
My name is Benson Wachira, I was born in Nyeri county in an area called Mweiga. This is an area where agriculture is the mainstream activity and we are also sorounded by big ranches where cattle and wild animals are kept.
My parents like most people in the area are farmers but they also engage in casual jobs in the ranches so as to supplement their income. It is with this income that they managed to put me to school first eight years of primary school then four years of secondary school and finally to a teachers training college where I did a two year diploma course.
I am glad I got a job immediately after graduating and with the savings that I got, I started a small grocery store where I sell house hold items.
I run a grocery store as a side business. I normally get my stock from the suppliers and then retail them from my outlet. The items I sell are like soap, cooking oil, maize and wheat flour, bread etc. My store is surrounded by many homesteads and these people make most of my clientele.
The turnover per day is about $100 of which my profit is about 10%. I use this profit to pay my assistant who runs the shop while I am doing my salaried job. I also use the money to expand my business since it requires new stock every now and then.
If given this loan, I will buy a 90 kilogram bag of sugar at $75. Sugar is always in high demand since every homestead uses it to sweeten their beverages and in their cooking. My mark up profit for this is 15% and I will be able to sell this consignment within one week.
This will ensure constant supply of the product because at the moment, due to lack of enough cash, I buy sugar in small quantities of 20 kilograms which is more expensive and I also have to make frequent trips to the supplier to replenish my stock.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 18, 2015
Repayment status
Late
Projected term
12 months
Amount repaid
$58.85
Amount remaining
$46.51
Expected completion
Mar 27, 2016
Status
Repaying late
Installment amount
$2.20
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 29, 2015 | $5.54 | Mar 29, 2015 | $5.54 |
Apr 5, 2015 | $5.54 | Mar 29, 2015 | $0.07 |
Apr 8, 2015 | $5.47 | ||
Apr 12, 2015 | $5.54 | Apr 8, 2015 | $0.02 |
Apr 14, 2015 | $5.52 | ||
Apr 19, 2015 | $5.54 | Apr 14, 2015 | $0.20 |
May 5, 2015 | $5.34 | ||
Apr 26, 2015 | $2.35 | May 5, 2015 | $2.35 |
May 3, 2015 | $0.00 | ||
May 10, 2015 | $0.00 | ||
May 17, 2015 | $0.00 | ||
May 24, 2015 | $0.00 | ||
May 31, 2015 | $0.00 | ||
Jun 7, 2015 | $0.00 | ||
Jun 14, 2015 | $0.00 | ||
Jun 21, 2015 | $0.00 | ||
Jun 28, 2015 | $0.00 | ||
Jul 5, 2015 | $0.00 | ||
Jul 12, 2015 | $0.00 | ||
Jul 19, 2015 | $2.20 | Jul 19, 2015 | $2.20 |
Jul 26, 2015 | $2.20 | Jul 25, 2015 | $2.20 |
Aug 2, 2015 | $2.20 | Aug 6, 2015 | $2.20 |
Aug 9, 2015 | $2.20 | Aug 6, 2015 | $2.20 |
Aug 16, 2015 | $2.20 | Aug 18, 2015 | $2.20 |
Aug 23, 2015 | $2.20 | Aug 18, 2015 | $0.55 |
Aug 27, 2015 | $1.65 | ||
Aug 30, 2015 | $2.20 | Aug 27, 2015 | $2.20 |
Sep 6, 2015 | $2.20 | Aug 27, 2015 | $1.37 |
Oct 14, 2015 | $0.82 | ||
Sep 13, 2015 | $2.20 | Oct 14, 2015 | $2.20 |
Sep 20, 2015 | $2.20 | Oct 14, 2015 | $2.20 |
Sep 27, 2015 | $2.20 | Oct 14, 2015 | $0.27 |
Oct 21, 2015 | $1.92 | ||
Oct 4, 2015 | $2.20 | Oct 21, 2015 | $2.20 |
Oct 11, 2015 | $2.20 | Oct 21, 2015 | $0.82 |
Nov 10, 2015 | $1.37 | ||
Oct 18, 2015 | $2.20 | Nov 10, 2015 | $2.20 |
Oct 25, 2015 | $2.20 | Nov 10, 2015 | $2.20 |
Nov 1, 2015 | $2.20 | Nov 10, 2015 | $0.82 |
Jun 6, 2020 | $0.55 | ||
Nov 8, 2015 | $2.20 | ||
Nov 15, 2015 | $2.20 | ||
Nov 22, 2015 | $2.20 | ||
Nov 29, 2015 | $2.20 | ||
Dec 6, 2015 | $2.20 | ||
Dec 13, 2015 | $2.20 | ||
Dec 20, 2015 | $2.20 | ||
Dec 27, 2015 | $2.20 | ||
Jan 3, 2016 | $2.20 | ||
Jan 10, 2016 | $2.20 | ||
Jan 17, 2016 | $2.20 | ||
Jan 24, 2016 | $2.20 | ||
Jan 31, 2016 | $2.20 | ||
Feb 7, 2016 | $2.20 | ||
Feb 14, 2016 | $2.20 | ||
Feb 21, 2016 | $2.20 | ||
Feb 28, 2016 | $2.20 | ||
Mar 6, 2016 | $2.20 | ||
Mar 13, 2016 | $2.20 | ||
Mar 20, 2016 | $2.20 | ||
Mar 27, 2016 | $1.73 |
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