Stock boosting

Fidel

Nairobi, Kenya

100% repaid

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 already increased my stock to 12 more six Kilograms cylinders and three more 13 Kgs Cylinders and paid my license fees.
- I intend to increase the number to 35 so that i can afford to hire one person to be doing home to home deliveries and personalize the clients that i already have plus new ones.
-bLater on i will need a bike to do the milk runs. This i will need to triple my capital base.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$142.00

Date disbursed

Apr 7, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

O

Oliver

Geneva, Switzerland

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

McJulio

New Jersey, United States

fairspirit

Utrecht, Netherlands

Richard Griebe

La Jolla, United States

P

plhughes

United States

J

jayharr

United Kingdom

mepster

San Francisco, Ca, United States

C

Crainster

Chapel Hill, United States

Villa Maria Outliers

Montreal, Canada

MW

Matt Willis

United States

A

André

Basel, Switzerland

GN

Gabriel N

Switzerland

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