Add stock for my butchery and hotel

Henry

Nairobi, Kenya

5% repaid

Entrepreneur

Name

Henry

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

Thank you for your continued financial support.
i really needs $99.300 for my business.
i will use $200 on cow meat.
i will use $250 on goats meat .
i will use $50 on matumbos for making soup.
i will use $100 on buying charcoals.
i will spent $200 on buying chips electronic cooking machine as well as manual ships slicing machine for $100.
i will spend $100 on paying my three casual laborers.
i will use $100 on buying potatoes stock for ships making.
This loan will assist the business to grow at least at rate of 25 to 30% thus enabling me settle my loan debt quickly as well as catering family needs and paying school fee for my sister.
your positive consideration will greatly appreciated sir\madam.
Thanks,

Feedback

3

None

None

  • Mary    Nov 4, 2017

    Henry is an excellent borrower!

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    • Henry    Nov 14, 2017

      Thanks you sir, I really appreciate your support. God bless you all

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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

$1,372.00

Date disbursed

Oct 21, 2017

Repayment status

Late

Projected term

311 months

Lenders

Stephan W

Witten, Germany

M

Margaret

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

J

JB

Germany

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