Inventory of engine oil for supply

Benson

Nakuru Kenya, Kenya

100% repaid

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How it Works

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 take this chance to express my regards to the entire Zidisha Team &lenders for the support you granted me to grow my business through zidisha platform /Loan,This 3rd loan that you have advanced to my business ,i will buy lorries Engine oil at a cost of USD 93
The product i am supplying it to the County Government maintaince yard ,this product i have to deliver it at their workshops for ease of their work.
When i buy this product(Shell Rumila Engine Oil) through this loan it will be of great boost to my business and it will assist me to pay my loan back through increased sales and profit ,i will also increase my savings and pay for my daily upkeep and bills.Thank You very much for your kind support.