Stock of cooking fuel for homes

Peter

Nakuru,kenland, Kenya

83% repaid

Entrepreneur

Name

Peter

Member since

February 2014

On-time repayments

79 installments  •  52%

About Me

I am peter matara Kimother born in Molo Nakuru county at a village called Tayari,my parents still lives at the same village where I was born,I am a form4 school leaver and I am also a mobile repair and a business man in Nakuru where I personally live.
I am still single not yet marriage, I was born in 1986 June on 22nd. my passion is on business and I have an Mpesa shop at kenlands just opposite Denis club,I also do mobile repair at the same place as well selling of cooking gas.
I started a business 2 yrs ago and I started to help achieve my bright future and also to help my siblings who need my support since my parents are actually getting very old and my younger brothers needs the support.
I am so much passionate about my work or business I do and I want to be one of the best and prominent business men in Nakuru town.

My Business

I started my business 2yrs ago and I started as a mobile repair only and later I saw a need to add accessories to go along with it, after seeing many customers started to know me and coming to my shop, I thought of what else can this community need and is not there, I thought of an Mpesa and cooking Gas, I asked one friend of mine to loan me some cash without telling him where i am taking the cash, , I borrowed him 20,000kshs which I invested in Mpesa and later I added cooking gas, so my business deals with Mobile repair,Mobiles accessories, cooking gas and Mpesa.
Now the main challenge I face is my stock in down especially on mobile accessories and Mpesa which I need boost that's why I am decided to join zidisha to help me fulfill my life vision and passion.
my total expenditure per month is 13,500,ksh which covers the rent for business premises and bills. my profit ranges between ksh6,500ksh and 8,000ksh of which I feel is a nice profit, I believe upon adding more stock will attract more customers to my shop since they now not l luck anything when they come at my shop, they will find all my services available at their comfort, as per now the competition is very high and I need to stock my business so that to accommodate the needs of my customers so they may not luck anything at all whenever they visit they get all things they need.
the loan I am asking will help me meet this needs and through my income revenue from my business, I will be able to pay back in due time as needed.
I there for ask for the support of lenders to meet my dream and make it come true.

Loan Proposal

Dear Lenders, I want to thank you all for the support of my loan, my previous loan I used it to fill gas for my clients,and it was so helpful to me, today i am applying a new loan to help me purchase 5 3 EMPTY GAS CYLINDERS and MOBILE PHONE COVERS, the previous loan i got profit of $110 and I believe this time I will get more than that due to the high demand and also cliotns are very much asking about phone covers to protect their phones during this season. the loan am taking $40 will go on purchasing of Phone covers and the rest will go to purchase gas empty cylinders. my profit i am hoping is between $150 and $230 according my calculkations. I hope this loan I will be granted

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$134.00

Date disbursed

Apr 27, 2015

Repayment status

Late

Projected term

5 months

Lenders

G

graememoss

Amsterdam, Netherlands

ads68

Melbourne, Australia

Zal0m0n

Atlantis!!!! x), Mauritania

John Makongo

Kitale, Kenya

mepster

San Francisco, Ca, United States

Andrew267

Birmingham, United Kingdom

KM

Kirsty M

United Kingdom

NF

Nina Forsberg

Sweden, Greece

J

Jygge

Halmstad, Sweden

PT

Paul T

Amsterdam, Netherlands

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