Purchase of stock

Solian

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $36 goal

0

days left

Entrepreneur

Name

Solian

Member since

May 2021

On-time repayments

19 installments  •  58%

About Me

Certificate,thereafter i moved to Nairobi and lived with my aunt. after struggling with life i decided to be employed as a house worker, after 3 years of work i saved 15,000, i then droped from job to start self employment of selling second hand clothes which was not doing well, then after observing business opportunities i zeroed in to LPG for cooking, i got a friend who who was selling cooking gas and she introduced me in the business and i started with sh 20,000 with the first stock of 10 cylinders and to date i have 52 gas cylinders, i live in Kamulu, Nairobi. the capital city of Kenya-Africa
I do own a small business of selling LPG in cylinders distributing to local households at a fee, i also sell accessories and consumables like burners,cylinders ,grills, and pipes.
i have been to this business for the past 1 year and i have seen the business is now growing step after step.
in kenya people are very hard working and determined especially in doing business, they persevere with a lot of struggles but grow with strong spirit, people like cooking Ugali and traditional foods and most people are Christians and Muslim.
in the future i would like my children to embrace doing business . i love singing christian melodies and watching local movies

My Business

My business is Retail of cooking Gas of different brands and accessories.
Cooking gas is now very essential in every household especially in the urban centres. LPG has replaced the traditional mode of energy like firewood, charcoal and kerosene which are harmful to the environment.
I chose doing this kind of business because it does not require a lot of amount to start and the demand of cooking gas is constant and continuous every day since its a household good.
my daily costs of this business is Rent of ks 3000 per month, the other costs like transport are borne by the customer. Per day i can exchange average of 4 cylinders of Gas which generates a profit of ks 720 and 200 from accessories totaling to 920 per day
The profit is shared between 300 daily for home rent, expenses and the rest i re-invest back to the business

Project Proposal

The loan amount will be used to purchase items as follows
Gas burners 2000
Gas grills 2000
Other miscellaneous 400

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$36.00

Date disbursed

Oct 17, 2022

Backers

mikeice

Kohler, United States

Paul Thompson

York, United Kingdom

Rose

Merutown, Kenya

RG

Robert Gill

Sydney, Australia

Hendra

Kabupaten Sukabumi, Indonesia

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  • Solian    Oct 17, 2022

    Dear Members,
    Thank you very much for funding my project I appreciate your effort, I will buy the gas burners and this will help me on paying the loan and increase income.
    I will post the photos of the burners once I have bought them.
    Thank you be blessed

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  • Hendra    Oct 15, 2022

    ok hope it's useful, good luck and grow

    Translated by Google     Show original

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  • Solian    Aug 12, 2021

    dear lenders, thank you for your support, i managed to repay my loan on time and my business is picking well. be blessed

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  • Solian    Jul 15, 2021

    My dear lENNDERSS, i Once again say thank you for your support, my business is doing well

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  • Solian    Jul 1, 2021

    Thank you my Dear Lenders for your trust in my business , i will use the funds to buy LPG accessories for resale and this will increase sales income.
    Thank you very much and Be Blessed

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  • Solian    Jun 30, 2021

    Dear Lenders,
    Thank you for your support and am grateful for funding my business projects
    Am able to repay my loan on time and am seeing my business growing

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  • Solian    May 31, 2021

    Dear my Lenders, thank you for your support, i will use the loan prudently to ensure repayments are just in time.

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  • JOY to the world    May 28, 2021

    Good luck. God bless you.

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  • Solian    May 28, 2021

    I have applied a new loan, to enable me buy accessories for resale

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  • Solian    May 27, 2021

    i was able to buy 6kg cylinder burners

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  • Solian    May 27, 2021

    Am happy i have fully repaid my loan .Thank you my lenders for your support

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  • Solian    May 25, 2021

    Am able to make my first repayment on time

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  • Solian    May 13, 2021

    Thank you My Lenders,
    i have received the loan,and i will keep you updated on usage
    kind Regards

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