Stocks and security enhancement

Fidel

Nairobi, Kenya

1% repaid

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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 intend to enhance security and add new stock to the current stock which i have gradually increased to ensure that i satisfy all clients who walk into my shop. So i intend to buy an extra gas cylinder to add to my stock in order to start selling gas to the hotels and restaurants around my neighborhood.
With this load i intend to expand my business within the neighboring estates and open up employment opportunities for the people i will have to empower and employ with additional loans i will be seeking for the betterment of the business. This will create a role model in me for the younger generation.