Shop inventory

Benjamin Asavah

Kisumu, Kisobwa Town, Kenya

100% repaid

Entrepreneur

Name

Benjamin Asavah

Member since

January 2015

On-time repayments

199 installments  •  67%

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

Happy new year 2016.
I am happy that we have again reached the new year 2016. I would like to thank you all management, lenders and mentors for all your support.

Kindly I am gain sending a loan request to lenders online to help me raise my loan as the proposal below, to enable me have the required inventory to my shop.

- Carton of Menengai bar soap @ KES 9000x2=18000
-Bags of 50kg brown sugar @KES 6500x2=13000
- Cartons of 1KG Cooking oil @ KES 3200x4=12800
-bags of rice 50Kg white rice @ KES 9000x4=36000
-Bales of Maize meal 2kg @Ksh1800x4=7200
-Bales of Maize meal 1Kg @Kshs1700x4=6800
-Bales of wheat flour 2Kg 2500x4=10000
-Bales of wheat flour 1Kg 3000x4=12000
-Transport @ KES2500
Total KES 118,300

Estimated Budget in USD $1,176.41


Thank you all very much and it is my request and hope that you are going to lend me again so that I can achieve my target and the same time meet my client needs, and also raise enough to repay back in time.

regards

BeNjamin Asava

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Loan Info

Project Type

Classic Loan

Disbursed amount

$802.04

Date disbursed

Jan 28, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $33.30

Benjamin opted to pay $83.04 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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