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

None

None

None

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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  • Kibor    Apr 14, 2017

    Three years ago, I began these journey with 20 litres, it was very difficult at that time coz everything was measured manually...

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  • Kibor    Apr 9, 2017

    Thanks a lot to my lenders, I have received the loan of $60, equivalent to kshs 5900, in which 5% was deducted and $50 send the fund account.

    I will use the funds I received to add into my capital so that I can buy the lubricants has I said in my proposal

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  • Kibor    Apr 8, 2017

    For sure I didn't know that zidisha loans are real , .... But until I received them and realise how cheap they're. Live long zidisha

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  • Kibor    Apr 7, 2017

    Thank u lenders, the loan will help me expand my petroleum business,... Now am adding lubricants as the stock

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  • Kibor    Mar 31, 2017

    Thank u zidisha team, ...i have cleared my first loan....

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  • Kibor    Mar 12, 2017

    Eldoret town project, initial stages, land scaping for petrol station

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  • Kibor    Mar 12, 2017

    Installing and calibration

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  • Kibor    Mar 5, 2017

    Today, I have made my first installment payment.... I want us to grow up to new heights

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  • Kibor    Feb 27, 2017

    Thank you for the loan, I received it on 24th and already in my business....
    With the 399 shillings around 4 dollars I was able to add the cash in my existing stock... I added 5 litres of super petrol....
    I look forward to pay my loan in time to see us growing into new height

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  • Kibor    Feb 24, 2017

    Now that it is practical and real, will I be allowed in future to contribute in member fund so that I will qualify for the larger loan?

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  • Kibor    Feb 24, 2017

    Thank you for the loan, I have received 399,... Will use to add up in my capital , so that we build good relationship for my expansion.....

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  • Kibor    Feb 23, 2017

    I appreciate your support and welcome it..... I want to grow up with u, from small beginning to Greater Heights in petroleum industry... Will use the money to improve the capital, atleast I can add 5 litres of super petrol

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