Boosting my business

Victor

Kahawa Wendani, Kenya

40% repaid

Follow Victor

How it Works

Entrepreneur

Name

Victor

Member since

June 2014

On-time repayments

5 installments • 20%

About Me

I am a software engineering graduate from Kenyatta university and currently trying to pursue it on my own through my cooking gas supplying wholesale distributing company that i have recently started.I have a brother who is currently at the university .My parents passed away while i was thirteen and through the Grace of God and the help of my aunt we have made it this far.I am an ardent fan of bodybuilding and rugby.The little savings that am making am trying to expand my business and also suppliment a security company that i have also recently started since its at its infant stage and am hoping that with the help of Zidisha and the grace of God that i will see my dreams accomplished

My Business

My main source of income is my Cooking gas distribution company since i deliver directly to my customers residential places.I have 20 6kg gas cylinders and 10,12kg gas cylinders;2 employees,2 motorcycles for delivering.The demand for cooking gas is always at an all time high since the cost of using electricity is high at my area considering that the neighbourhood is a middle class .My typical monthly cost for transport is approximately 300 USD,600 USD for buying cooking gas,200 USD for my employees.My sales amount to 1600 USD giving me a profit of 500 USD.I do not incur house rent charges since i have a place given to me by my uncle.My reason for seeking a loan from Zidisha is so that i can buy more cylinders to meet the expanding demand of cooking gas at my home area and am sure with the revenue am going to make i will pay my loan in time.Looking forward to working with you.

Loan Proposal

I appeal to lenders to help me buy new gas cylinders so that i can boost my business due to the wide market supply.If am able to increase my gas cylinders,this will help me meet the wide demand for cooking gas at my area and with time and the continued support of lenders at Zidisha i can expand my business to the surrounding areas.And with more support in future am hoping to open more businesses of the same type.Am looking forward to working with my lenders in Zidisha and am sure with the help of God almighty i will be an achiever.