Entrepreneur
Name
Ben
Member since
April 2017
On-time repayments
120 installments • 47%
About Me
Introduce yourself to lenders.I am a head On kind of a Guy who respects his work very much, having been trained in the Nys for four years and acquired engineering as well as entrepreneurial skills I do manage very well .
My Business
Describe your business or income source.I deal with the distribution of Lpgs mainly Hashi from 6kgs cylinders to 13kgs cylinders and due to huge demand of the same, I wish to raise my capital so that i may add more cylinders. an empty cylinder ranges between ksh2500 to ksh 2700,while refilling per kg is charged btw ksh102 to ksh 130 depending with the energy department in Kenya. I add ksh10 to ksh15 per kg as my profit so each 6 kg cylinder I get ksh 60 to ksh 75 respectively. I have been able to acquire a three Wheeler for transport and I wish to increase more stocks.
Loan Proposal
Describe what you will do with the loan.depending with the amount and having a long term goal here I will use the loan to refill my 6kgs cylinders and as we progress when my limit is higher I will purchase more cylinders for my goal is to have atleast 300 cylinders by year end.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Apr 8, 2017
Repayment status
On Time
Projected term
5 months
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