For my education, and for LPG (Liquified Petroleum Gas)

Fredrick

Dagoretti Ndonyo, Kenya

36% repaid

Entrepreneur

Name

Fredrick

Member since

May 2014

On-time repayments

389 installments  •  90%

About Me

My name is Fredrick Ouma Amonde. I come from a family of 10 siblings, the last born. My parents are still alive. I live in Dagoretti Centre Nairobi. I am a civil servant, a businessman, and a nutritionist.

I went to school in Siaya County Kagilo primary school for my primary level studies, then proceeded to Horace Ongili secondary school for my O level, then went to Kenyatta University to pursue a diploma in food nutrition and dietetics.

My hobbies include gymnastics and football.

My Business

I started my business in Siaya County with an aim of changing the community's old source of energy for cooking and replacing it with clean and pure source energy for cooking, that is liquefied petroleum gas, and reduce the cases of deforestation. I purchase LPG gases at HASHI ENERGY PETROLEUM in Kisumu and my earnings range from ksh 40,000-60,000. Apart from LPG, I also deal with oil lubricants from total Kenya, LPG accessories, burners, grills.

There is high demand for LPG because people are discarding the old ways of energy to cook and using LPG because it's quick and efficient. My customers prefer my business because I bring my stock in time,and ensure there is in time communication when the next stock is coming. I also educate whenever need be in regards to using the LPG cylinders. It's profitable because my goods move fast and I ensure the next stock comes before completion. The risk for my business is that LPG gases are inflammable and therefore caution must be taken at all times.
My source of income to pay the loan will come from my monthly salary and the business itself.

Loan Proposal

i will use $1000 for my education for this semester,and another $1000 i will use as a float for money agent services the balance of the amount will go my business of LPG,which has made have rich this far.thank you

Show original English  

About Me

my name is Fredrick ouma amonde,i come from a family of 10 sibling,all my parents still alive and the last born,i live in dagoretti centre Nairobi,am civil servant,businessman,and nutritionist.

I went to school in siaya county kagilo primary school for my primary level studies,then proceeded to Horace ongili secondary school for my O level,then went to Kenyatta university to pursue diploma in food nutrition and dietetics. and currently am doing degree in education in library science at Kenyatta university

i started my business in siaya county with an aim of changing the community old source of energy to use for cooking and replacing with clean and pure source of energy to use for cooking that is( liquefied petroleum gas) and reduce cases of deforestation.
i purchase LPG gases at HASHI ENERGY PETROLEUM in kisumu and my earning rang from ksh 40,000-60,000
I also have a transport business under UBER APP,which is also giving good earning between between 60-70,000 per month
my hobbies include gymnastics and football and rugby

My Business

i started my business in siaya county with an aim of changing the community old source of energy to use for cooking and replacing with clean and pure source energy to use for cooking that is( liquefied petroleum gas) and reduce cases of deforestation.apart from LPG i also deal with oil lubricants from total Kenya,LPG accessories burners,grills.
there is high demand of LPG because people are discarding the old ways of energy to cook and using LPG because its quick and efficient.
my customers prefer my business because i bring my stock in time,and ensure there is in time communication when the next stock is coming and educate whenever need be in regards to using the LPG cylinders.
its profitable because my goods move fast and ensure the next stock comes before completion,the risks for my business is that LPG gases are inflammable and therefore caution must be taken at all times.
my source of income to pay the loan will come from my monthly salary and the business of transport and LPG.

Loan Proposal

i will use $1000 for my education for this semester,and another $1000 i will use as a float for money agent services the balance of the amount will go my business of LPG,which has made have rich this far.thank you

Feedback

6

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  • Will    Oct 12, 2017

    Fredrick has made nearly 150 loan payments and every one of them has been on time! I would happily lend to him again.

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  • Dean Suminski    Aug 3, 2017

    Congratulations on paying off your loan. Maybe this will inspire me to barbecue something tonight.

    Log in to reply • Share
  • Joshua Tillman    Aug 3, 2017

    Fully repaid. Would definitely lend again.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$3,298.00

Date disbursed

Oct 8, 2019

Repayment status

Late

Projected term

30 months

Lenders

Emma

Australia

Paul Buchheit

Mountain View, United States

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