Petroleum products for fueling vehicles

Kibor

Eldoret, Kenya

Funds disbursed

$0 to go

100% funded of $59 goal

0

days left

Entrepreneur

Name

Kibor

Member since

June 2016

On-time repayments

15 installments  •  33%

About Me

I grew up in agricultural rich area of elgeyo marakwet County in Kenya, went to primary school, secondary, University and now undergoing masters degree...
I have learned one thing, business is the key to development and progress...
Am currently running a petrol station and potato buying business....
My hobby is interacting n making new friends. Business is one way of elevating perverts in our community. With a day to day income, the economy of a place grows faster than monthly income.......................................................
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My Business

Petroleum business gives me at least kshs 40,000 and potato business kshs 25,000, my main objective is to have a sound and understandable financial assistant that will see us growing to new heights and employ many youth as possible and eradicate poverty. I chose this kind of business because it is still a growing industry and each day people are on move and need fuel in their vehicles, motorcycles to reach their destination... I started it with 20 litres and grew up to extend of buying the fuel Dispenser and ordering in large quantities..............................................................................................................................................................................................................................................................................................

Loan Proposal

Will buy oil lubricants in my petrol station, this will be added advantage in my station since vehicles will be changing oils and lubricants often and then availability is very important.

The products cost is $100, and the expected profit is $20 per stock of ten hundred dollars.............................. . .....
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Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

Apr 8, 2017

Repayment status

Late

Projected term

2 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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