Loan to add gas cylinders to my stock

Entrepreneur

About Me

My names are Vincent Omoto Osere, a resident of Naveki village, Makhonge sub-location, Namwela location, Bungoma county-Kenya. I went to Munyang'anyi primary school in Naveki area. My hobby is Athletics and am business-oriented. I did up to secondary school level. Thereafter I ventured into self employment. I grew up independently immediately after Form four level. initially it proved difficult but gradually, through friends' ideas I managed to start M-pesa business. Eventually I added gas cylinders to my shop. I wish my baby boy also develops such interest in future as he's still an infant

My Business

I majorly deal with gas cylinders business though M-pesa also supplements income. Dealing with gas cylinders is more profitable than M-pesa business since its profit is huge. The cylinders plus attached services are on high demand. Recently thieves broke into my shop, stole a good number of cylinders hence causing losses and damages. Theft and transportation of cylinders are some of major challenges facing my business,especially transportation cost. I mostly save my money in bank account and also develop my home. Right now my business is down as a result of theft

Loan Proposal

Dear lenders I do wish to spend my loan if approved as outlined hereunder :
1. I Wish to use 130USD to buy new gas cylinders. my stock went down after my shop was broken into by thieves. kindly lend me so that I revive my shop and regain my old customers back as I just about to close it down due to lack of stock.
2. Use 30 USD to renew business permit/license. The old license is expired and in case am found with it I may be penalized heavily. please consider my plea. thanks!

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Loan Info

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