2 litres of engine oil

Benson

Nakuru Kenya, Kenya

Funds disbursed

$0 to go

100% funded of $89 goal

0

days left

Entrepreneur

Name

Benson

Member since

September 2014

On-time repayments

126 installments  •  52%

About Me

My names are Benson Ndiritu Wambugu,I was born 1980 in Nyeri District, I am the 3rd born in a family of four siblings .i went through primary school education and High School education respectively ,due to lack of college fee I was unable to join college and later started hawking in Nyeri Town,I am married and I have one child (a boy by the name Vicky)having brought up tofrom a strict Christian family ,I become devoted to the church and I am the Youth Teacher,I love reading documentary News,making and meeting new friends and reading the Bible.

My Business

My business is fully focused on vehicle spare parts & also I do have a welding machine for the welding job that comes when the vehicles are being repaired.i do stock and sell both new and second hand spares. I purchase my products from Nairobi and also from our neighboring country Uganda,Kampala direct from those who import at a considerable price, making my selling price more favorable to that of my competitors. I have established a good customer link especially through the mechanics personnel around this area who bring clients closer to the business and referring them to my business. I have employed a trained mechanic & also a welding expert person who makes sure that the stock bought is of good quality and also offers a good after sales services to the clients and ensuring as well the welding work is done to the standard and to the satisfactory of the customers .
Currently I am operating the business at a cost of USD 1400,the average sales per day is USD 148,At the end of the month the profit that I make from the business I use it to pay the school fees of my kid and for the daily upkeep and settle the bills.i also do have to save for the progress of my business and I save atleast USD 65.Thank You in advance for your kind support and consideration.God Bless You

Loan Proposal

I express my regards to the entire Zidisha Team &lenders for the support you granted me to grow my business through zidisha platform /Loan,This loan that you have advanced to my business ,i will buy 2litres Engine oil at a cost of USD 93
The product wil be stocked into my shop forsale for those vehicles that come for minor service at the nearby garages.
When i buy this product(Shell Rumila Engine Oil) through this loan additional stock will be of great boost to my business and increased sales and profit i will be able to settle my loan,i will also top up my savings and pay for my daily upkeep and bills.Thank You very much for your kind

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Loan Info

Project Type

Classic Loan

Disbursed amount

$89.00

Date disbursed

Jan 8, 2017

Repayment status

Late

Projected term

5 months

Lenders

ads68

Melbourne, Australia

Freewolf

Salt Lake City, United States

Leonardia

Waddinxveen, Netherlands

rjb

Phnom Penh, Cambodia, United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

M

Mark

Toulouse, France, France

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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