Name
Fidel
Member since
June 2014
On-time repayments
51 installments • 71%
I am a 34 years old family man, father of two.I am still working in a gas sales and distribution company located in Nairobi and its environs. I am mainly involved in entrepreneurship whereby I identify potential distributors and after they follow all the required process, they are approved by the company and I install the gas vending machine.
They normally fare very well financially and have inspired me to start my own. I have therefore set my own and its now faring very well.
My business is all about selling cooking gas whereby I have a vending machine located at a strategic residential area. I am specialized in the "pima" gas whereby I sell the cooking gas in smaller quantities depending on the customers request. I normally get the product at a relatively better price since I have the privilege working in the same company.
I therefore wish to expand my business by decorating the shop and putting an advertising banner on top of the roof to attract customers within the vicinity.and add more stocks to boost my revenue.
I am adding pressure lamps to add to the variety and make good sales in the light of power outages as demand requires.
I would like to introduce a new product into the shop that will help push sales and new product in the market i already represent, This will target homes and businesses have alternative lightning sauce when electricity goes off during power outages.
I also intend to increase the number of the six Kgs cylinders from the current six to forty and also employ a delivery boy to help with distribution and customer service in order to create a good business environment and income .
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$145.00
Date disbursed
Jan 27, 2015
Repayment status
On Time
Projected term
6 weeks
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