Grocery and shop retail inventory
Benjamin
Kisumu, Kisobwa Town, Kenya
100% repaid
Entrepreneur
Name
Benjamin
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
Dear lenders,
I would like to represent a loan proposal for funding and promising to invest in my retail shop as I will be purchasing the following commonalities to enable me have a good stock for my customers which am expected to make 5% profit during this Christmas festive;
1) 50 Kg Rice Kes 4200x10 sacks = 42000
2) 50 Kg Sugar Kes 5800 x 10 sacks = 58000
3) 2 Kg Wheat flour Bale Kes 1800 x 30 bales =54000
4) 1 kg Wheat flour Bale Kes 1800 x 20 bales = 36000
5) 2 Kg maize flour bale Kes 1400 x15 bales = 21000
6) 1 kg maize flour bale Kes 700 x 15 bales = 10500
7) Transport KES 7000
TOTAL KES 228,500
TOTAL $ 2,267.56
Thank you and hope you will fund my proposed proposal above,
Yours faithfully,
Benjamin Asava
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,807.00
Date disbursed
Jan 11, 2017
Repayment status
On Time
Projected term
7 months
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Summary
Amount repaid
$1,806.94
Amount remaining
$0.00
Date repaid
Sep 2, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 22, 2017 | $55.40 | Jan 21, 2017 | $55.40 |
| Jan 29, 2017 | $55.40 | Jan 28, 2017 | $55.40 |
| Feb 5, 2017 | $55.40 | Feb 4, 2017 | $55.40 |
| Feb 12, 2017 | $55.40 | Feb 11, 2017 | $55.40 |
| Feb 19, 2017 | $55.40 | Feb 19, 2017 | $55.40 |
| Feb 26, 2017 | $55.40 | Feb 26, 2017 | $55.40 |
| Mar 5, 2017 | $55.40 | Mar 5, 2017 | $55.40 |
| Mar 12, 2017 | $55.40 | Mar 12, 2017 | $55.40 |
| Mar 19, 2017 | $55.40 | Mar 19, 2017 | $55.40 |
| Mar 26, 2017 | $55.40 | Mar 26, 2017 | $55.40 |
| Apr 2, 2017 | $55.40 | Apr 2, 2017 | $55.40 |
| Apr 9, 2017 | $55.40 | Apr 9, 2017 | $55.40 |
| Apr 16, 2017 | $55.40 | Apr 16, 2017 | $55.40 |
| Apr 23, 2017 | $55.40 | Apr 24, 2017 | $55.40 |
| Apr 30, 2017 | $55.40 | Apr 29, 2017 | $55.40 |
| May 7, 2017 | $55.40 | May 7, 2017 | $55.40 |
| May 14, 2017 | $55.40 | May 14, 2017 | $55.40 |
| May 21, 2017 | $55.40 | May 22, 2017 | $55.40 |
| May 28, 2017 | $55.40 | May 29, 2017 | $55.40 |
| Jun 4, 2017 | $55.40 | Jun 4, 2017 | $55.40 |
| Jun 11, 2017 | $55.40 | Jun 11, 2017 | $55.40 |
| Jun 18, 2017 | $55.40 | Jun 19, 2017 | $55.40 |
| Jun 25, 2017 | $55.40 | Jun 25, 2017 | $55.40 |
| Jul 2, 2017 | $55.40 | Jul 2, 2017 | $55.40 |
| Jul 9, 2017 | $55.40 | Jul 9, 2017 | $55.40 |
| Jul 16, 2017 | $55.40 | Jul 16, 2017 | $55.40 |
| Jul 23, 2017 | $55.40 | Jul 23, 2017 | $55.40 |
| Jul 30, 2017 | $55.40 | Jul 30, 2017 | $55.40 |
| Aug 6, 2017 | $55.40 | Aug 7, 2017 | $55.40 |
| Aug 13, 2017 | $55.40 | Aug 29, 2017 | $55.40 |
| Aug 20, 2017 | $55.40 | Aug 31, 2017 | $55.40 |
| Aug 27, 2017 | $55.40 | Aug 31, 2017 | $55.40 |
| Sep 3, 2017 | $34.07 | Sep 2, 2017 | $34.07 |
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