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
Warm greetings to Zidisha lending community for giving me the opportunity to be part of the borrowers. I am proposing to use my loan as below.
2 Bags of 50kg brown sugar @KES 4500x2=9000
2 Cartons of 1KG Cooking oil @ KES 2200x2=4400
Transport @ KES 500
Total KES 13,900
Which is approximately USD $155.111
I am expected a profit of 2% to my business capital.
Thank you and I requested lenders to support me even although am new to this and I promise that I will not let anyone down.
Thank you.
Benjamin
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 27, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Morro Bay, United States
Berlin, Germany
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