Benson
Pangani, Kenya
$0 to go
100% funded of $100 goal
0
days left
Entrepreneur
Name
Benson
Member since
August 2013
On-time repayments
10 installments • 0%
About Me
Am benson muchiri , am twenty three years old, I come from laikipia county . I have two brothers and one sister. I live in Naivasha a town that is I Nakuru county. Eight months ago I started a business at the center of this town where I sell mineral water to the locals. My distribution channel is through shops, mini-supermarkets. Naivasha water bodies are all salty and hardly will you find pure water to support the demographic as a result folks here suffer from tooth decay and other teeths ailments ,therefore I came up with this idea of getting clean water,salt-free water from slopes of Njoro river. This initiative came bearly two months after I did my c.p.a 3 exams, I had no finance to support myself in terms of both basics and educational needs, so with little amount of money I had I hit the ground running and I started selling at the streets till when I had enough clients and I rent a small room in town for stocking purposes. For demand reasons I spend my earning on more stocks and more room for expansion.
My Business
My business name is Naisha org , I deal with distribution of mineral water which bears NaishH2O as its brand name. It is therefore for this reason that I would like to kindly request for a zidisha loan finance. I realized that there was a need in this market for clean water since its necessity, which was at stake among the residence of Naivasha. The loan finance will be geared toward huge expansion plan in sub-town in this area. This is in terms of more stockings and distribution shops in this town that am targeting. So far my clients number has grown enormously due to massive sales and marketing that I randomly conduct with a team of merchandisers who I engage every two weeks. That way demand for the product is no doubt on its way rising, in addition to that , I also reward my regular client after bulk buying and for that reason this clients prefer my product. There are indeed many mineral water dealers but the market is huge to accommodate as all. The risk I usually face is rate supply from the source which result to customer loss, but on good note ,it is really a profitable thing. The cost incurred are distribution cost, commission, wages, electricity which are as under 5500, 3500, 10000, 500 respectively. Sales and profit amounts 35500 and 16000 respectively.
Loan Proposal
My business name is Naisha org , I deal with distribution of mineral water which bears NaishH2O as its brand name. It is therefore for this reason that I would like to kindly request for a zidisha loan finance. I realized that there was a need in this market for clean water since its necessity, which was at stake among the residence of Naivasha. The loan finance will be geared toward huge expansion plan in sub-town in this area. This is in terms of more stockings and distribution shops in this town that am targeting. So far my clients number has grown enormously due to massive sales and marketing that I randomly conduct with a team of merchandisers who I engage every two weeks. That way demand for the product is no doubt on its way rising, in addition to that , I also reward my regular client after bulk buying and for that reason this clients prefer my product. There are indeed many mineral water dealers but the market is huge to accommodate as all. The risk I usually face is rate supply from the source which result to customer loss, but on good note ,it is really a profitable thing. The cost incurred are distribution cost, commission, wages, electricity which are as under 5500, 3500, 10000, 500 respectively. Sales and profit amounts 35500 and 16000 respectively.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 12, 2013
Repayment status
Late
Projected term
10 months
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