Fuel loan

Getrude Bett

Eldoret , Kenya

100% repaid

Entrepreneur

Name

Getrude Bett

Member since

February 2017

On-time repayments

25 installments  •  92%

About Me

l am Gertrude Bett who is 30 years old. I am a young entrepreneur who lives in Eldoret, Kenya. I am from a single mother who has three children including me. My father died while we were small children. My mother had to raise us single handed without a source of income. I remember a lot of times we used to go without food. Completing school was even a bigger hurdle. I believe these are the reasons why I work so hard. I started my business from funds my relatives and friends contributed and that is why I appreciate help from others.

My Business

I deal with timber and timber products. I sell sawed timber to the building industry and also to local carpenters. In my timber yard I also make furniture at an order. I have a pick up truck that enables me to deliver products to my clients as an after sale service at a fee of course. My core business is the resale of timber which I purchase from saw millers. The challenge I face is for fuelling a lorry to deliver the timber to my yard. Which after buying the timber I remain with so little funds to cover all my costs. A little extra funds will go a long way in assisting my business.

Loan Proposal

I intend to purchase Diesel to fuel my lorry to deliver client's product to its destination. the fuel costs at around 90ksh per litre. the client usually pays on delivery and that's how I intend to repay the loan. the loan would add value to my business since I will not miss an opportunity to do business just because I don't have fuel in my circle. this will make me do even more jobs which otherwise I would not have been able to do and it will therefore increase my income capabilities.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Apr 21, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

dlpringle

Denver, United States

B

beckynagel

United States

Rose Life

Columbus, United States

KN

Kevin N

Cleveland, Ohio, United States

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