Stock for my shop

Benjamin

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Benjamin

Member since

September 2016

On-time repayments

28 installments  •  64%

About Me

My name is Benjamin. I am presently living in Nairobi, Kenya. I am a trained accountant but have been working as an instructor at Bridge International Academies for 4 years now. I am married. 2 years ago, with a single laptop and printer, I ventured to start a printing service in my community, Maziwa estate. It was realistic in that the variable costs were on the lower side i.e rent was only 25 dollars a month, a figure I could easily raise since I had a job. The business crumbled mainly because other services required were unavailable and I did not have capital to inject into the project, I wish I had known Zidisha by then!
Early this year, I started a shop which is run by my wife. Customers are abundant as their demands and my core reason in applying for this loan is to satisfy them.

My Business

My business is a shop, simple retail shop. I mostly sell consumables oils soap and household goods. On a good day, I make sales upto 30 dollars. I am employed and so my wife attends the shop while I am at work. I chose a shop to curb demand in the community, I am an entrepreneur and finding distaste in services offered by shops around this area, I decided a shop that stands out in service delivery will not fail. I was not disappointed. My typical costs are quite minimal: Rent for both shop and residence 50 dollars, food 60 dollars electricity 2 dollars no school fees yet; my kids are still young.

Loan Proposal

I venture to stock a new variety of sweets and chewables. their average cost is a dollar a dozen with a 10 to 20 percent mark up to gain.
I expect to benefit in that customers will get a set of commodities they've been lacking and i will get to retain them ans increase my daily profit too.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Sep 7, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

F

flaguy999

Tampa, United States

TomF925

www.AfricaLeap.com, United States

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