Grocery and shop retail inventory

Benjamin Asavah

Kisumu, Kisobwa Town, Kenya

100% repaid

Entrepreneur

Name

Benjamin Asavah

Location

On-time repayments

180 weekly installments  •  71%

About Me

My names are Benjamin Asavah, I was born in 1966 in Vihiga District. I went to vihiga Primary School and completed my CPA and later joined Muslim Secondary school and completed my CSE Certificate of Secondary Education. in my college level I joined Utalii College where I did catering course in Food and beverages.

I started working in Imperial Hotel in Kisumu while doing my course and same time Hawking in town selling newspaper , but later when married I stopped Hawking and open a grocery shop for my wife while I pursued my catering job in a hotel . I am employed working while my wife is working in our grocery shop and a retail shop.

My Business

I myself am employed and working but also run as Retail and grocery shop, where my wife in looking after the shop.
In my shop we sell home use commodities and the grocery as well such as maize, beans, grains, and many more and the shop we have products such as cooking oils, sanitaries, books, pens, pencils, food products, and many more.

This goods or services that we offer are day to day use in the community and are the necessities and therefore they are in demand. Also i incur the following costs, transport to transport my inventory to shop, rent for the leased shop, and also revenues annually for the council . The profits is used to expand the business, home improvements and also school fees and also part of my salaries.

Loan Proposal

Dear lenders,
I would like to represent a loan proposal for funding and promising to invest in my retail shop as I will be purchasing the following commonalities to enable me have a good stock for my customers which am expected to make 5% profit during this Christmas festive;

1) 50 Kg Rice Kes 4200x10 sacks = 42000
2) 50 Kg Sugar Kes 5800 x 10 sacks = 58000
3) 2 Kg Wheat flour Bale Kes 1800 x 30 bales =54000
4) 1 kg Wheat flour Bale Kes 1800 x 20 bales = 36000
5) 2 Kg maize flour bale Kes 1400 x15 bales = 21000
6) 1 kg maize flour bale Kes 700 x 15 bales = 10500
7) Transport KES 7000

TOTAL KES 228,500
TOTAL $ 2,267.56

Thank you and hope you will fund my proposed proposal above,

Yours faithfully,

Benjamin Asava

Feedback

4

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  • Daniel    May 11, 2015

    Great borrower. Always happy to lend again!

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  • granite    May 2, 2015

    nice

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  • Daniel    Mar 14, 2015

    Excellent repayments, and nice to see the photos. I particularly like the photo with your wife -- you two look very happy!

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    • Benjamin Asavah    Jun 6, 2015

      Thank you we are happy because of you and am happy to hear from you my lender . thanks

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    • Benjamin Asavah    Feb 15, 2016

      Hello dear lender thanks for every support you are doing me and I m planing to extend my business to wholesale in my next loan I thank you for Avery thing you are doing to me .

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  • jan73    Mar 14, 2015

    Perfect repayments!

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    • Benjamin Asavah    Feb 15, 2016

      Hello dear lendars I uprereshet evary surport you are doing to me and I'm intending to expand my business to aholesale in my next loan .you are my mentor and I don't know how to thank you for Avery thing you are doing to me .thank a lot and god blease you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,806.94

Date disbursed

Jan 11, 2017

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: 5% of $1,806.94 = $79.47

Lenders

BelleStarr

Albuquerque, United States

AltruisticSelfishnes

Chicago, United States

S

soren

Göteborg, Sweden

T

Tallago3

Munich, Germany

BJ

Brandon Joz

North Carolina, United States

H

hilde

seattle, United States

KirstenShute

Montreal, Canada

Cloudways

Malta, Malta

G

Goodwill

Oakland, United States

L

leniwiec

Poznan, Poland

ads68

Melbourne, Australia

mraph

Virginia, United States

Ingela

Falun, Sweden

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

gseletko

South Perth, Australia

M

MarianneM

Munich, Germany

B

Berkeley100

Berkeley, CA, United States

sderickson

Berkeley, CA, United States

T

thegreek1020

San Jose, United States

Paul Buchheit

Mountain View, United States

D

Delok

Germany

Scangaid

Pittsburgh, United States

T

theleengwist

United States

SuperMario28

Cudahy, United States

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

MD

Miles Dodge

CORVALLIS, United States

SK

Stefan Kruell

Muenster, Germany

E

erica

antwerpen, Belgium

V

Vidar

Oslo, Norway

The Zinc Team

San Francisco, United States

Mary Norton

Byron Bay, Australia

MB

Mimi Botkin

United States

D

Dalton

San Francisco, United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

The Weltys

Averill Park, NY, United States

Colin Marks

London, United Kingdom

GS

Gary Sinard

Franklin, TN, United States

Kenny

San Diego, United States

K

Kara

United States

Heather

Taree, NSW, Australia

KK

Kurt Kellner

United States

John Sercel

Florence, United States

JU

jeremy upsal

United States

LD

Linda Dee

United States

Mr Bucket Filler

United States

R

RMIM

United States

D

duga

United States

P

Patrick

Shoreline, Washington, United States

Paul Buchheit

Mountain View, United States

Bryce Bow

Bloomington, In, United States

Maggie Rouse

Cheyenne, Wyoming, United States

Keith Chan

Toronto, Canada

KN

Kevin N

Cleveland, Ohio, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Darrel Wratten

Cape Town, South Africa

L

Liz

Canada

HB

Hugo Boss

United Kingdom

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