Buying empty gas cylinders

Moses Chore

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Moses Chore

Member since

May 2018

On-time repayments

13 installments  •  92%

About Me

I'm Moses Chore,30yrs old,Kenyan citizen,working with Kenya pipeline company. And I am running another business in Nairobi Kitengela. Supplying gas to hotels and collages.

My Business

My business income is ksh75000 per month and sometimes I worked for over time which my business sometimes changes up to ksh80000.My business is well established with a profit of Ksh30000 every month.

Loan Proposal

I will buy more gas cylinders so that i can increases the number of the cylinders i have. And each 6kg empty cylinder cost $30 ,13kg empty cylinder cost $45 and 50kg empty cylinder cost $180. After having more stocks i will be able to deliver gas to other places so that i will get more clients from town to city. My profit of 6kg gas is $7,13kg gas is $9 and the 50kg gas is $30 each per day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

May 31, 2018

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.50

Credit risk payment: $2.02

Lenders

F

flaguy999

Tampa, United States

HH

Helen Horseman

United Kingdom

SB

Stephen B

United States

B

bea

Australia

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