Distributing environmentally friendly cooking fuel

Linus

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Linus

Member since

June 2017

On-time repayments

96 installments  •  88%

About Me

I was born and bred in Nyanza region, predominantly occupied by the luo culture, known to be pleasure loving and not business oriented. Fortunately, my parents are fairly entrepreneurial and they established businesses that while i was involved in running, gave me the opportunity to gain entrepreneurship skills.

Now I am married to one wife and have a young son.

I am a degree holder in Applied Statistics with IT and has been practising as a Data Officer in a local NGO until recently when I changed jobs. I now serve as a social worker at Oyugis Redeemed Gospel Church in a Compassion Internaltional Assisted project. I implement programs that are aimed at holistic child development among the poorest children in oyugis community.

I love to play piano keyboard and bass guitar, and this makes sunday my best day of the week, as I get serve with my skills during the worship service in my local church.

My Business

Thanks to Zidisha, I currently own a stable Liquid Petroleum Gas supply business, single handedly developed from previous loans. Current zidisha funded assets include 20 units of 6kg gas cylinders and lately, 7 units of 13kg cylinders. In addition, I own a motorcycle that I use to facilitate restocks and home deliveries.

Following a recent relocation to oyugis town due to change of jobs, I have since established another branch of the business in town(the one in the village maintained). Although there exists competition, I have an added advantage since I do doorstep delivery and have a measuring scale to verify weight of cylinders at the point of delivery. This strategy is working well and within just two months, my stock base is already being overwhelmed by the client base. I therefore seek to double my operating stock.

While every refill earns about $2 and outlet purchase $13, the two business centres on average yield a total of $120 per month. I am looking forward to employ a business assistant to help me cope with the growing business demand.

Loan Proposal

I purpose to expand the business scope to encompass the refill and supply of 13KG cylinders. It follows that I will purchase 5 units of these cylinders at a unit cost of $58, totaling to $290. I will also purchase 5 metres of gas pipe at a cost of $30.

This initiative will enable easy of 13kg lpg refill services to the members of my community, who would otherwise have to travel 50kms to homabay town to be assisted. As an enterpreneur, this will by far improve
1) The face value of the business (And in turn attract high end clients)
2) The profitability of the entire business from the current $103 per month to a projected $300 per month.
3) The achievement of an important long term goal to one day sponsor a needy child in my current place of work.

Feedback

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  • J    Dec 2, 2018

    The loan was neatly repaid on time. Great status updates with photos!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$295.00

Date disbursed

May 10, 2018

Repayment status

On Time

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

Treesforpeople

Oxfordshire, United Kingdom

moursund

Beaver Nation, United States

Ed

Howells, United States

Helen and Denis

Global citizens, United States

J

JB

Germany

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