Add stock for my butchery

Henry Okemwa

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Henry Okemwa

Member since

June 2016

On-time repayments

105 installments  •  76%

About Me

I was born in mukuru kwa njenga slums by my parents,in a family of two children,after four years dad and mum divorced and we were left with mum.I went to mukuru kwa njenga primary ,from nursery to class two ,I lost my mother when she was stubbed by robber on her way from work in industrial area when i was only 8 years old.This made me to work for for casual works for our survival with my younger sister.I was employed in a butchery with my neighbor who also helped as whenever we were overwhelmed .I got more experience and saved same capital, I managed to open a small butchery which is now a main source of income for me and my sister.People in my area are very social,hardworking and religious.I wold like my child to become a pilot when he grows up.I like watching movies and social with friends.

My Business

I sell meat,boil meat ,choma meat and soup to my customers.since most people in my area like meat for the benefit of their health this business have been of more useful since i serve them with quality meat.I chose this business due to the high demand from people who like meat.I spend $50 to $85 weekly to buy meat from bama market since I do not slaughter myself of which it returns me a good profit of over 40% that I use to expand my business,home improvement, pay school fees for my child and sister,rent and bills.Am looking forward towards your support to grow up my business to the next level ,thank you.

Loan Proposal

i will use $150 to buy 50kgs of meat of my butchery.
i will use $100 to buy 20 plastics chairs for my business expanded room.
i will spend $40 to buy two big sufurias .
i will use $40 to buy liver and matumbos.
i will use $20 to buy charcoal.
i will spend $40 on paying business license permit for the year of 2017.
i will use $6 on paying my casual laborer.
the loan boost will increase my business profit with more than 55% hence enabling me settle my loan debt successfully on weekly bases as well as running smoothly my business daily operations.
THANK YOU.

Feedback

3

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  • Mary    Nov 4, 2017

    Henry is an excellent borrower!

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  • Margaret    Oct 12, 2017

    Henry paid his loan off perfectly, I would gladly lend to him again and encourage others to do the same.

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  • Margaret    Aug 5, 2017

    Henry paid his loan off perfectly. I would gladly lend to him again and encourage others to do the same.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$399.22

Date disbursed

Dec 28, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $16.46

Lenders

C

Christian

Saarbruecken, Germany

MindMuse

Talking Rock, United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

R

Ryan

Albuquerque, NM, United States

A

Anonymous

United States

M

Margaret

United States

Paul Buchheit

Mountain View, United States

Katja

Switzerland

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

R

Ruxandra

Czech Republic

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