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Big storage tank and additional stock for my business

John DoeJ
EntrepreneurDanielLocationMochenwa, Kenya
Project status
100%funded
$1,734raised
69%paid forward

My name is Daniel Machooka. I was raised in a Christian family of eight but, unfortunately, I lost my father at a tender age. My mum took up the responsibility. I grew up like other children. When I realized what my mum was going through, I decided to assist my mum with all my effort, to do some manual work to assist, and even buying school uniforms and small things. I went through primary level and secondary level schools. Due to lack of fees, I managed to get a certificate in plumbing and pipe fitting.

Due to what I went through, it made me focus far so that I live a great and better life. I have worked hard to change what we used to be all seen to be, lives do change.

Dear lenders, I thank you once more for the good work and support you're giving us, more so to my business up to now. You are great people. Thank you so much and may God bless you always.

From my previous loan I have managed to do a lot projects like adding electricals to my shop. I planted trees, bananas, which are doing so well.

As a matter of fact the business has grown and the result is that the demand is high than what I can deliver because the storage capacity is small and in terms of cash is not enough for me to purchase enough kerosene to satisfy the demand .my present capacity storage capacity caries 400litres which cannot last me for full one week,that's why I need this loan to purchase big tank which will accommodate more liters than the one am using right now.and in the other hand even at the petroleum station when you purchase is small quantity the price is higher than when you purchase more quantity.for this reason I would like to increase the quantity to 85% this will at least take me for two weeks and the storage I would like to increase it from 400litres to 1000litres from this reason it will minimize transportation cost,theft and save time. After this I know the profit will increase by double the one am getting which will enable me to repay my loan easier and on time and other bills and the remaining I add to my business and to my shamba at home.The way I will spend my loan;kerosene1000litres =$761.9

kerosene tank =$380.9

transport =$95.2

housing tank construction =$142.8

connection and service =$95.2

manpower assistance =66.7

total =$1542.7

I thank you in advance hoping and trusting that as Zidisha team you are going to assist me to reach my goal.