Kerosene pump to add to my business

Daniel Machooka

Mochenwa, Kenya

100% repaid

Entrepreneur

Name

Daniel Machooka

Member since

August 2015

On-time repayments

263 installments  •  73%

About Me

My name is Daniel Machooka. I was raised in a Christian family of eight but, unfortunately, I lost my father at a tender age. My mum took up the responsibility. I grew up like other children. When I realized what my mum was going through, I decided to assist my mum with all my effort, to do some manual work to assist, and even buying school uniforms and small things. I went through primary level and secondary level schools. Due to lack of fees, I managed to get a certificate in plumbing and pipe fitting.
Due to what I went through, it made me focus far so that I live a great and better life. I have worked hard to change what we used to be all seen to be, lives do change.

My Business

Dear lenders, I thank you once more for the good work and support you're giving us, more so to my business up to now. You are great people. Thank you so much and may God bless you always.
From my previous loan I have managed to do a lot projects like adding electricals to my shop. I planted trees, bananas, which are doing so well.

Loan Proposal

To start with I need to purchase the machine because I want to be very unique around so as to attract more customers because the manual containers we are using are not accurate and its impossible to leave to somebody without your presence to manage, to add stock the remaining one I will do general shop set up.
pump= $ 761.9
Oil 200ltrs = $95.3
General set up=133.3
Total $=990.5
This will turn my business as I have started from above the profit is going to increase and it will create a job to somebody and reduce dependence in the community,and as always the profit will increase by 40%because I will be a sole proprietor,
As I am concluding thank you for your good work and endless assistance you give thank so much.

Show original English  

About Me

my name is Daniel Machooka who is was raised in a christian family of eight,but unfortunately I lost my father in tender age,my mum took the responsibility,I grew up like other children.when I realized what my mum was going through, I decided to assist my mum with all my effort,to do some manual work to assist even buying school uniform and small things.I went through primary level,secondary level. due to lack of fees I managed to get a certificate in Plumbing and pipe fitting.
Due to what I went through it made me to focus far,so that my I live a great and better life.I have worked hard to change what we used to be all seen to be,live do change.

My Business

`KEROSENE DEPOT
As additional to my previous loan of $990.4 of November 2017 I managed to purchase and install the kerosene pump as I stated from previous loan proposal .All went well no problem so far so good.as a matter of fact the customers are so happy because`the quantity is much more and quality is best what they trust,the demand has gone higher as you know even if the competition is there am much higher than them,its your effort which has taken me so far.From my last loan I managed to make around 50% almost equal to$490 which assisted me to clear my loan, bills in advances,and the remaining I added in my growing business. Am happy that the business is growing every day.

Loan Proposal

To start with I need to purchase the machine because I want to be very unique around so as to attract more customers because the manual containers we are using are not accurate and its impossible to leave to somebody without your presence to manage, to add stock the remaining one I will do general shop set up.
pump= $ 761.9
Oil 200ltrs = $95.3
General set up=133.3
Total $=990.5
This will turn my business as I have started from above the profit is going to increase and it will create a job to somebody and reduce dependence in the community,and as always the profit will increase by 40%because I will be a sole proprietor,
As I am concluding thank you for your good work and endless assistance you give thank so much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,445.55

Date disbursed

Nov 16, 2017

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $64.03

Daniel opted to pay $339.86 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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A

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daniel

maryborough, Australia

KT

K Turner

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ST

Sarah Turner

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BA

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HB

Hugo Boss

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AW

Annie W

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Ted

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MM

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Sam Smith

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A

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Metalfreund

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Peter A

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LD

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JB

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mstorey

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JD

Joshua Dance

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Will Martin

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BP

Bob P

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TD

Tim Duthie

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SL

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M

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