Add more gas cylinders in my business

Entrepreneur

About Me

Am Eric,a young enterprenuer from the Eastern region of kenya,Meru.In my family we were born in four,two sons and two daughters.Am the firstborn and the other three are students.Two daughters are in highschool and a boy is in class eight.Am an iligitimate child,my mum has gathered her effort to support our education system.I graduated last year on December from University and i managed to support my mum in supporting the education of my younger brother as mum is struggling to get in touch with education system of the two sisters.Upto to now they often depend on me interms of food.And i hope we shall move on well despite covid 19 epidemic.

My Business

While i was in university,i could see and even experience other colleague students struggling in cooking sector.Some used charcoal of which is expensive and consuming.From the experience i managed to borrow some capital from my friend to start a business of selling gas cookers and refueling gas cylinders.From where the students hostels is located,i was a far distance to go and refuel or purchase a gas cylinder.So i started selling gas cylinder and refueling them from the shop i rented near the university gate.Now its been a year and am growing on well since i rented a better and bigger shop from around.Students gave me support and i paid the capital i borrowed of $200 within four months.I started with 4,six kg cylinders and two stands.And for now it has moved a step forwad having 14 six kg cylinders,
7 fourteen kg cylinders,
Several gas cylinder stands and
several gas burners.
Each 6 kg gas cylinder costs $8 when refueling and $45 when buying, stand included.
Each 14 kg gas cylinder costs $21 when refueling and $75 when buying.
A stand costs $4.0 and a burner cost $1.5 and best quality $4.0
I wish to buy more cylinders this time.

Loan Proposal

Am with great happiness to have found a place of support.I have been moving on with my business despite some few changes in my country.But my tools are in much demand since there are some families who have migrated and settled in their house due to covid 19 and the main means of cooking is by use of gas.The only change is that we are paying through mpesa.but am doing some favour by free transportation to my customers and giving them free facemasks since they are complaining of their business having got down.So i would there like to buy more gas cylinders and even stands,since the ones i have are not enough due to the additional customers.

Income Source

My business concerns one of the vital items around in town,,the mostly and commonly method of cooking which is fast.Hence the customers may increase more in coming weeks once i add my cylinders and other required items since there is no lockdown in my country

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