Benard
Siaya Town , Kenya
19% repaid
Name
Benard
Member since
October 2017
On-time repayments
16 installments • 50%
My name is Benard Ochieng from Siaya Town, Kenya. Currently I am advancing my studies in college; pursuing Electrical Engineering (which I joined September 2018).I have employed someone to manage the business for me and I make sure we meet everyday to calculate sales during weekdays. Am self driven, hardworking and always keen on business finances, in addition I love reading business journals and always interested in technological advances especially those that directly or indirectly affect my field of expertise.
I started this business January 2016 after graduating from high school and have been operating it to date. I started with one computer a small inkjet printer. To date I have acquired 2 desktop computers and a laptop, One big laser jet photocopier and a medium size printer (both black and white) and also Epson printer (bought on June 2018). This is business is growing as I projected in the business plan at infancy. When launched I was taking making Ksh. 400 per day which is ksh. 11250 (112 USD) per month. Today my sales have risen to an average of Ksh. 1200 per day which is Ksh. 36,000 (360 USD) monthly. This has largely been contributed by efficiency of my services and suitable location.
As class 8 students will be joining form one next year, the dand for this stationery is going to increase as one of the requirement for joining is going with 2 reams of papers. I have been in talk with some parents and they've have shown intent to promote my business. Therefore, I come to you again lenders to help me through this journey through your financial commitment. Let's help children go to school as we make money in the process.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Dec 7, 2018
Repayment status
Late
Projected term
3 weeks
Other loans
Amount repaid
$1.97
Amount remaining
$8.65
Expected completion
Dec 30, 2018
Status
Repaying late
Installment amount
$3.55
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 16, 2018 | $3.55 | Dec 14, 2018 | $1.97 |
Dec 23, 2018 | $3.55 | ||
Dec 30, 2018 | $3.53 |
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