Stock booster

Fidel

Nairobi, Kenya

100% repaid

Follow Fidel How it Works

Entrepreneur

Name

Fidel

Member since

June 2014

On-time repayments

51 installments  •  71%

About Me

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

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.

Loan Proposal

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 .

Feedback

4

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$145.00

Date disbursed

Jan 27, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Jul 2014:  $50

Sep 2014:  $149

Mar 2015:  $142

Jun 2015:  $270

Oct 2015:  $388

Lenders

A

Aaron

Zurich, Switzerland

W

WellingtonPFClass

Columbus, Oh, United States

B

Bluejay

Magrath, Canada

OlyRhys

Olympia, United States

ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

L

lilbsedz

Raleigh, United States

T

Tui1974

nuenen, Netherlands

R

Rearden

STAVANGER, Norway

HMS_5th_Grade

Honolulu, United States

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

P

prashant

SUNNYVALE, United States

S

solarkismet

Logan, United States

A

amish

San Francisco, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

U

UTLonghorn

Lincoln, United States

N

Navigator

Alavus, Finland

K

Krish

Dubai, United Arab Emirates

PulsoJewelry

Los Angeles, United States

J

jocke

Stockholm, United States

S

smetis

Kananaskis, Canada

Richard Griebe

La Jolla, United States

MW

Matt Willis

United States

T

Thomas

Germany

Ask Fidel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Fidel    Oct 19, 2018

    I lost all I had and am getting back on my feet. I would like to start clearing up my dues

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  • Charles    Feb 12, 2016

    I spoke to Fidel Over the Phone he will pay his weekly Loan Payment By next week.
    Thank you

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  • Charles    Dec 23, 2015

    Dear lenders i called Fidel and he Promised to settle His Payments before Year Ends.
    Thank you

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  • Fidel    Oct 30, 2015

    I heart fully thank you a lot for accepting my request. I will surely buy the cage and show you in my page. Thanks and be blessed

    Regards

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  • Fidel    Oct 21, 2015

    I would like to purchase a grill to contain 30 Cylinders both 6 and 13 Kgs for security to avoid theft when am busy inthe shop. and on the increased earnings this will cost around 34,000

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  • Fidel    Oct 14, 2015

    This will really help despite the big chunk am being made to pay of Ksh 13,000

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  • Fidel    Jun 22, 2015

    Thanks alot as i have received funds.

    Regards

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  • Fidel    Jun 19, 2015

    Thanks a lot. I intend to buy some 10 more 6kgs cylinders as it will help boos stock.
    Thanks again.

    Regards

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  • Fidel    Apr 8, 2015

    Greetings.
    Cash well received and i will put it into good use so i can benefit all of us.

    Kind regards.

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  • Fidel    Mar 16, 2015

    How comes my limit is not increasing?? Kindly reply.

    Fidel

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    • Roy    Mar 16, 2015

      Fidel, This is not the place to ask such questions, as the people who can help you may not see it. Please send any questions you have to the team at [email protected].
      Regards,

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  • Fidel    Mar 16, 2015

    Greetings Friends. I have been able to purchase a new cage for the 6Kilogrames cylinders for my shop although sales have been low in the last three months due to financial issues facing customers. I have tried to invest in branding and more display and i intend to add more Six Kilograms cylinders which seems to be hot cake in Town. I will also be able to make Fliers to distribute to increase awareness of the shop.

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  • T

    Thomas    Jan 25, 2015

    Good luck and stay safe ;)

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  • Fidel    Jan 25, 2015

    Happy new year. The loan application did a good impact in my life and i am now back again to yield better results following my ventures in increasing business sales and awareness previously done.
    I now want to embark on seriously doing better this year by utilizing new funds wisely and increase my lending amount to increase my stock and eventually sales volumes and impact on other peoples lives and mine too.
    Thru my new post photos new business will not go unnoticed.
    The funds though little did help buy some three 6kgs cylinders which i hope to increase to 40 this first two quarters with the financial help i seek.

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  • Fidel    Aug 27, 2014

    Hi friends. Thanks for the loan, For now the amount i got for the loan is a motivation as i did some purchases, with more funds i will be able to buy more cylinders and that will be a real boost to impact properly. Thanks seemeefi, Thanks Jossy2011, Thanks Partners. Be blessed.

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  • Fidel    Aug 3, 2014

    Hi. i paid my first installment on time on 2/8/2014 and on my page its stll overdue. how is that??

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  • SeeMeeFi    Jul 22, 2014

    Hi Fidel,
    I hope you are able to add the hotels and restaurants to your list of customers when you buy an extra gas cylinder! Best wishes with your business!

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  • jossy2011    Jul 22, 2014

    Hey,
    Am a newbies here,I have thrown a few dollars your way.I expect you to Rate me and recommend for a loan to me,
    I trust you shall reciprocate the gesture when I list for my loan soon,
    Best wishes!
    Thanks

    Log in to reply • Share

  • Fidel    Jul 20, 2014

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