Name
Benson
Member since
March 2017
On-time repayments
31 installments • 55%
Hi,I'm Benson wanzala from busia kenya,I was brought up from a humble background by a single parent "mother", enjoying basic commodities was our biggest dream ,life was full of struggling but one thing that I always thank our mother is, she used to encourage us to be focused and determine." focus and determination "helped to see myself through highschool and start my own business.
I deal with mobile phones, Mobile accessories, electrical materials, electronicsetc,the business is in a very strategic place and with enough capital, it can leave heads rolling.I chose this kind of business because, most of the goods I provide are imperishable hence loss is low,the location also contributed in desiding these kind of business,the profit I receive from my business,hep in paying for my bills
The loan amount that I'm requesting will help me a lot in boosting the business as follows: I'll have to go for goods that are on demand like, credit cards etc.This kind of an item has no much profit but I prefer going for it since, it has or leaves no dead stock,it also make make money to siculate quickly in business example, when I buy credit worth 20 dollars, I'll end up with a profit of 2 dollars after sells,and this can be realized twice in a day since the demand is very high.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$21.00
Date disbursed
Aug 9, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Amount repaid
$21.01
Amount remaining
$0.00
Date repaid
Oct 14, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 22, 2017 | $3.95 | Oct 14, 2017 | $3.95 |
Aug 29, 2017 | $3.95 | Oct 14, 2017 | $3.95 |
Sep 5, 2017 | $3.95 | Oct 14, 2017 | $3.95 |
Sep 12, 2017 | $3.95 | Oct 14, 2017 | $3.95 |
Sep 19, 2017 | $3.95 | Oct 14, 2017 | $3.95 |
Sep 26, 2017 | $1.25 | Oct 14, 2017 | $1.25 |
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