Distribution of cooking fuel

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

Hello my humble and blessed universal supporters,am with great joy for supporting and building me economically,This is another victory of my life economically and mentally.With a great team of supporters with capital,i have realized i can unlock my dreams well.In my gas cookers business,i have made a change in my life despite covid epidermic.Last month i made a difference of $60 with your support of second loan,and your previous loan has made $80 interms of profit.Now this time i would like to employ an assistant since am planning to be offering free delivery offers from door to door for my esteemed customers.
Employing an assistant will cost $20 per week.
Highering motorbike for free delivery services costs$30 per week
Adding (lpg)cylinders fully refilled cost $200
with this being fulfilled,i will be able;
To conquer stiff competition
within
To satisfy customers demands
To attract customers hence
reaching my target
Be able to make repayments
ontime
Thanks alot

Income Source

It has been tough in given covid 19 restrictions.
But we are carrying on econonically and running our normal business as far as we are adhering to covid 19 rules.I will move on to sell my products and earn more income.Thanks

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Loan Info

Lenders