Shop inventory: sugar, salt, bread, soap, blankets, utensils

Saphan

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Saphan

Member since

November 2013

On-time repayments

82 installments  •  65%

About Me

I'm Saphan Ochieng Ongonga son of George Ongonga.Im 33 years of age and still single.I was born and raised in Kisumu District Kombewa Division Konindo Village.

I'm holding certificate in Automotive Engineering .
Initially I was given funds to boost stocks in my shop, which I did but unfortunately my shop burnt up by fire which was caused by surge in electrical failure.
That really brought me down, I did have financial problems from that fateful day when my shop was burnt.
I thank God as at now is started a shop again which sells inventories,that is all shop items.
I also sell groceries that includes watermelon , pineapples,apples ,bananas and ovacados as at now.
Things are doing fairly with me.

My Business

I from my basic salary i earn KES 43000 per month and from the business i get up to KES 15000 after deducting all expense so all this source of income can either be used to repay the loan.

I deal with shop inventories as I stated earlier and groceries in which I yield good profits.

The demand is there because of the people residing around nanyuki need this commodities as they are basic.I have more and potential customers because of relation to them and i do not sell at higher prices as others around.

The business is profitable because we buy in large quantity at a discounted price and resale at a profitable price.
What's more encouraging is that after all expenses deduction,I still realize a profit of ksh.15000 every week.

Loan Proposal

Am hereby kindly and humbly taking this opportunity to thank zidisha organization family for the humble support they offered me by lending loan to invest in my small scale business.
My business has been doing fairly well in area i located it.
To zidiisha family am therefore kindly taking this opportunity to request loan for the second time to help me expand my business by adding stock.
I have so many customers but sometimes i found it hard to serve them,at times they come and found if the goods they want are not available.
To zidisha am kindly pleading with u to help me keep my happy and good customers to continue enjoying my services please.
I only deal with household and first moving good that i have to stoke more in my business and thus these are the stoke that are highly being demand and that i would like to add.
1 bale sugar @ 60 USD
1 bale of maize floor @ 25 USD
1 bale of rice @ 42 USD
2 crates of bread daily @ 4.2 USD
I will highly appreciate your support zidisha organization family .Thanks in advance and may Almighty God bless your organization abundantly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$151.00

Date disbursed

May 3, 2014

Repayment status

Late

Projected term

6 months

Lenders

nicole

Worcester, Ma, United States

calvero

Bergen, Norway

Sarasota

Sarasota, Fl, United States

A

ajayhk

San Jose, United States

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