Name
Fidel
Member since
June 2014
On-time repayments
51 installments • 71%
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 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.
- 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.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$142.00
Date disbursed
Apr 7, 2015
Repayment status
On Time
Projected term
6 weeks
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Amount repaid
$149.89
Amount remaining
$0.00
Date repaid
May 24, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 19, 2015 | $24.98 | Apr 18, 2015 | $24.98 |
Apr 26, 2015 | $24.98 | Apr 18, 2015 | $0.01 |
Apr 26, 2015 | $24.97 | ||
May 3, 2015 | $24.98 | Apr 26, 2015 | $0.37 |
May 2, 2015 | $24.61 | ||
May 10, 2015 | $24.98 | May 11, 2015 | $24.98 |
May 17, 2015 | $24.98 | May 16, 2015 | $24.98 |
May 24, 2015 | $25.00 | May 24, 2015 | $25.00 |
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