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
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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
Other loans
Lenders
United States
United States
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