Making cooking briquettes from biowaste

Gichuki Wa Nuthu

Thika, Kenya

100% repaid

Entrepreneur

Name

Gichuki Wa Nuthu

Member since

June 2020

On-time repayments

94 installments  •  100%

About Me

My Name is Gichuki Nuthu from Kiambu county, Kenya. I reside in Thika sub county near the county's largest dumpsite Kang'oki. When I bought a piece of land here 5 years ago, my plan was to ascertain how I can benefit from waste dumped without raising conflict with the community around who scavenged for valuable in the dumpsite. The valuables include but not limited to plastics, metal cans, nylon bags for recycling and stale food which are fed to dogs and pigs.
Only a few, if any, were interested with bio garbage from markets, residential and business areas.
I am Certified Public Accountant of Kenya and with my background in management accountancy and finance, I ventured into recycle of this matter to clean the environment, avail affordable source of fuel to neighbours and create employment.

My Business

In the year 2018, I ventured in recycling of this bio waste matter including sawdust from sawmills and timberyards, charcoal dust from yards.
Towards this, I engaged a local technician who calibrated a local briquette machine which currently produce 6 -25kg bags a day. We sell at kenya shillings 30.00 a kilo.
These products have ready market in the neighborhood where clients use briquettes in their homes for cooking, others use for warming up their chicken broods. Thika sub county has many chicken rearing farmers. There is also the nearby Nairobi city, Kenya's capital where a sizable population still depends on charcoal as fuel and we have introduced our briquettes as a substitute to save forest and environment.
We also use some in our kitchen. This has reduced our domestic budget substantially.
We have created employment whereby,currently we have one employee. We hope to employ more in near future after upgrading our briquettes machine as the current one has reached maximum production and it level of efficiency is not satisfactory.
We also utilise the excess space for chicken rearing. In the last festive season we managed to make sales ok kshs 50,000. There are also 20 hens that remained for egg production. We hope to expand the the project in preparation for upcoming Easter festivities in April 2022. We plan add 40 - 3week old chicken and rare for 3 months when they will be ready for the market.

Loan Proposal

I will apply the funds as follows in kshs
1. 50chicken at 250 =12,500
2. Chicken feeds = 25,000
3. Briquettes raw materials= 30,000
4. Labour 12,500
I will plough back the profit from continuing businesses to boost the projects kitty

Income Source

1. We have limited the number of chicken to rear in our farm so that we can have a manageable stock for sale. We are aware many people who lost their jobs due to covid 19 economic meltdown ventured into these type of business. Our Target period is Easter festivities when demand is usually higher than normal.
2. Briquettes sales is not affected much by economic climate because as a source of fuel, it's the most affordable type of all fuel in the market. It is also sold in small quantities starting with a kilogram, therefore accessible to majority of residents around here.

My Videos

Jan 9, 2021: Briquettes and chicken rearing in thika kenya

Feedback

2

None

None

  • Adam Shipp    Jun 26, 2021

    He kept up great communication and had a very thought out business plan. I would definitely lend to him again.

    Log in to reply • Share
  • Erik G    Jan 15, 2021

    Really good communication fro Gichuki and he seems to have tought out his plans for his business well and works hard to achieve them as he did to pay off the loans. Very happy to lend to him again and know the loan will be well managed.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$709.41

Date disbursed

Jan 17, 2021

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Service fee: $33.24

Credit risk payment: $132.99

Lenders

Kitty

Hailsham, United Kingdom

S

stroll

Stockholm, Sweden

Jason

Auckland, New Zealand

Mikers

Netherlands

L

Lev

Israel

Wouter Schoonveld

Amsterdam, Netherlands

kt

Brush Prairie, United States

Mr Chris Turner

Cambridge forever England, United Kingdom

Dan Brinkman

Lynden, WA, United States

JA

Jason and Sandra

Toronto, Canada

Ed

Howells, United States

Vratik Krocik

Prague, Czech Republic

B

BSM

France

Hans Moor

Vorden, Netherlands

V

Vince

Wagga Wagga, Australia

Lurch

United States

JH

Joseph Hwang

Houston, United States

DM

Darin MacRae

United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

Bruno

Vancouver, Canada, Canada

J

Jorrit

Eindhoven, Netherlands

R

Richard

United Kingdom

mabo

Germany

Mark Wilco

Columbus, OH, United States

R

Roman

Slovakia

Erin

Santa Barbara, United States

M

Martin

Switzerland

M

Mike

Wyncote, United States

E

Eve

Switzerland

Yosef

United States

R

Ruoyun

United Kingdom

EG

Erik G

Switzerland

LM

Logan Max

McKinleyville, California, United States

P

Pablo

RICHMOND, United States

B

Barbra

United States

Andrew

Seattle, United States

SW

saurabh wahi

United Kingdom

AS

Adam Shipp

United States

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