Increase human capital and inventory for my Butchery business

Benjamin

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Benjamin

Member since

February 2015

On-time repayments

20 installments  •  0%

About Me

I am a male Kenyan aged 36years,am married and have two children aged 8 and 5 years,I was born and brought up in Nakuru in a family of 8.Four boys and four girls.I went through the 8-4-4 system of education and succesfully cleared my graduate course of Business adminstration majoring in Marketing at the Maseno University in 2008.Thereafter i took a driving course which i successfully completed and obtained a class B-C-E licence.After my O-Levels i engaged in several manual jobs where i worked in saw mills,hardwareshop in particular i remember showing a client how to operate a lawn mower after two days in the job,this has been so memorable in my life and thats why i chose the photo at the hardware store to be my profile photo.i am a great swimmer from my days in school todate.this passion i have passed to my five year old son and we make a great pair.

My Business

I have worked in several organisations after my schooling,i started at the sony sugar company where i worked as a sales executive charged with duties of marjorly increasing the sales volumes,Currently am a sales representative rift region for a milkprocessig firm in Nakuru( Liquid foods processors).I also have a Butchery which i run with my wife as a family business to which i would like to expand since the business is in a very strategic location and i have more demand than i can comfotably supply for lack of enough resources.By resources i mean human capital which the available stock can pay at the end of the day,enough floating cash for expansion.I belive the facility you are offering me will go along way in boosting the business and be able to pay back in time.To begin this business i saw a gap and a need in my area which had not been covered and took the little savings i had put aside and started the business.I am so passionate about seeing myself operating the largest and most hygienic food store in my town.The proceeds from this business i use to pay my bills which include fees for my kids,eectricity and water bills,rent for the shop and wages for the staff.

Loan Proposal

With this loan facility,i intend to buy four chairs and two more tables at a cost of 30 dollars,increase my stock intake by 20kgs at 20 dollars,add three members of staff at 50dollars thou i will still use part my savings and the profits generated to top up on this.Am happy that through this small loan the butchery will have more returns which will have the effect of us being able to offer even better services and variety of meat products,the loan will also help us in growing our profit margins to about 250dollars per month.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 13, 2015

Repayment status

Late

Projected term

4 months

Lenders

JB

James Broderick

Cobham, United Kingdom

C

Canlender1

Nanaimo, Canada

M

m_dennis

Toronto, Canada

E

elkbrett

Bradenton, United States

athomas

Chevy Chase, United States

R

ronimo

Brussels, Belgium

E

elourenco

Porto, Portugal

S

simonista

United States

M

Michi

Switzerland

tricia190

Liverpool, United Kingdom

B

BigRosie

United States

KM

Kirsty M

United Kingdom

M

Markus

Hamburg, Germany

Dave Bogard

New York, United States

B

Byron

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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