Alakara gas enterprise's

Peter

Kiti, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

September 2016

On-time repayments

197 installments  •  83%

About Me

I am Peter Ekiru Rukwa a hard working Kenyan Married Man. I hold national ID No 28637065. I come from Nakuru County Kenya.

I gree up as the 7th born and the last born in our Christian family with so many challenges as a Turkana boy. My father being a farmer we had limited time to study and therefore hardwork is the only choice we had.

I sat for my KCSE back in the year 2011 at a school called Wei high school in Subukia, Nakuru County. After high school i pursued various courses namely: Computer courses at GTI in Nakuru town, Driving Licence with Budget Driving School and i also did my Diploma in Gym Instructor Body Building Fitness Federation Nairobi (MET COURSE).

I am a father of two, Ruby and Ethan. Ruby want to be an engineer when she grows up and my son just turned 1 year last week.

My Business

I am a professional gym instructor and also a Business man. My business include selling and re-filling of cooking gas. This loan will help me add stock to my gas business and gradually grow to become my own self employed person.

My aim and goal is to see my Gas business grow to a big company and by God's Grace to eventually become one of the biggest and busiest Gas supplier within and out of Nakuru county.

Gas is on demand because whether the economy is good or bad people must eat every day. Majority use gas for its convenience, affordability and hygiene.

On a good day i am able to sell 7 cylinders and on a poor day i am able to sell 1 or non. How ever i sell a an average 20 cylinders in a week.

Loan Proposal

I will add more cylinders of gas then refill the cylinders.each new cylinder of 6kg coast ksh4,500 that's equivalent to 45 dollars and 13kg new cylinder goes for 7,500 which is equivalent to 75 dollars.
This will help my business grow and I'll have more gas cylinders which will keep my job moving and since cylinders will increase my customers will not come and find there is no gas.
My profit will have to increase because I will have increased the cylinders if for example I'll increase 2cylinders of 6kgs and 2cylinders of 13kgs,I'll have a profit of ksh 600 from the two cylinders of 6kgs and ksh ksh 1000 from the two cylinders of 13kgs which I'll have a total of ksh 1600 profit which is equivalent to 16dollars profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$285.00

Date disbursed

Dec 7, 2017

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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