Buying equipments for my business that is gas cylinder

Samuel

Kabete, Kenya

11% repaid

Entrepreneur

Name

Samuel

Member since

November 2017

On-time repayments

47 installments  •  36%

About Me

im a business man i owe a shop and need some money to add to my stock i make 2000 or 1500 per day on a bad day i make 1300 per day thus attracting a week pay of 6800 to 12000 i am also a farmer rearing pigs nd chicken nd also a painter earning 1200 to 1500 per day

My Business

business person owns a shop also a farmer rearing mostly pigs and chicken and also a well known painter earning 1200 to 1500 per day fro painting from chicken earning 200 per day from daily eggs to the pigs earning from 20000 from selling them

Loan Proposal

if i were to be given this loan it would be of great help to me because it would help me accomplish my this year goal which is to add something new in my locallity i would start gas services and delivery for domestic use but first of all the money ill get from this loan would aid me buy empty gas cylinders since its cheap to buy from the dealer and sell them at a good reasonable profit that is i would buy 5 cylinders of 6kg each at 2500ksh and sell them at 3500ksh and buy 6 gas cylinders of 12kg each buying each at 3000 and selling it at 4500ksh thus getting profit from that at about 5000ksh that willl help get more income and profits from it

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$63.00

Date disbursed

Mar 25, 2018

Repayment status

Late

Projected term

8 months

Lenders

M

mariamfula

United States

M

Margaret

United States

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