Sharon
Kiamunyi,nakuru, Kenya
99% repaid
Name
Sharon
Member since
September 2014
On-time repayments
38 installments • 89%
My name is Sharon Kandie, I have been a full time student at Egerton university for the last three years pursuing a degree course in commerce insurance and risk management option and did my final exams on august 2014, am currently waiting to graduate on December this year.
In a family of two I am the last born with both my mum who was a single mother and brother are no more. I live with my grandmother who is a peasant and the little money she gets she uses it for her medication and upkeep.
I am a salesperson who sells green fuel tabs which are manufactured by green fuel technologies in USA. The tablets allow the combustion chambers and engine to run efficiently with less friction and heat emission thus lowering fuel combustion. The heat is lowered from 600 degree Celsius to 200 degree Celsius.
I joined the business in order to be independent and support my grandmother who in her days cannot do much workload.
When am free I do cook, visit the sick and have fellowship with other believers sharing the message of the cross and the blood of Jesus Christ that the world may know that He is coming again.
In relation to my business, I am employed as a salesperson. I sell green fuel tabs which do not harm the engine and increases car acceleration.
My customers prefer my business because it saves their money, lowers harmful exhaust emission, reduces engine maintenance costs, it gives greater engine performance, easy to use by just dropping one tablet in the gas tank for diesel and gasoline engine. It does reduces the cases of taking cars to garage for engine replacement and removal of carbon thus increasing engine and oil life and does not void engine warranty.
I purchase one packet of green fuel tablet at $ 27 and I make a profit of $ 5 in a day and on a weekly basis I make around $ 30. The business is profitable and is on high demand in the market. Despite competition my business does well because the tablets are cheaper and gives the best results to my customers as compared to my competitors.
My business is very profitable, in that I buy the product at a wholesale price and sales it at a retail price. The more the inventory I purchase the more the discount I receive. a loan would enable me to buy more stock at a better price and avoid problems resulting from products being out of stock.
I look forward to your humble support thanks.
When I get this loan,I will purchase Green Fuel Tabs which are meant to reduce fuel consumption in both Petrol and Diesel vehicles and has been tested for over 15years in the USA.
I an a sole distributor and I am privileged to get them at a lower distribution cost and sell them at a Retail price gaining me worthwhile profit.
I am also in a position of getting tenders to huge companies and deliver.
The product is basic to vehicle owners as every individual would want to save money.
I have variety of clients and now enjoying monopoly in the market as the product has just landed in Africa having big demand with no competition.
I purchase them at $30 per sachet with 10 tablets each cost $4.5 hence big return.
I look forward to expand to other countries in the near future.
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Nov 17, 2014
Repayment status
On Time
Projected term
5 months
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