Buy pigs for slaughter to my butchery

Stanley

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Stanley

Member since

September 2015

On-time repayments

67 installments  •  39%

About Me

I am a seventh born child in a family of nine six boys and three girls. I went to township primary school for both my nursery and primary education and in 1996 sat for the Kenya certificate of primary education. In 1997 i joined secondary school in Kakamega high school and sat for the Kenya Certificate of Secondary Education in 2000. In 2002 i joined Utalii College for Diploma course in Hotel management, its during my attachment that i realized that the food industry is a profitable and viable business that can be done in any part on our country. The uniqueness with our people the luhya is that they love feeding healthy and properly and the butchery business has never disappointed i have two children a boy and a girl who give me a reason to hard and ensure they get the best in life. I like traveling with my family and having family picnics.

My Business

I buy and slaughter pigs at my small slaughter house and and the sale pork meat in my butchery and the rest is supplied to hotels in town. I slaughter one to three pigs a day depending with the demand from other pork butcheries and hotels i supply. One kilogram of pork costs Ksh.320 ($3.2) at retail price and we buy one pig weighing an average of 70Kgs at Ksh. 12,000 ($120) after slaughtering and selling the meat i make an average gross profit of between Ksh.8000 ($80) to Ksh.10000 ($100) per pig which i use the money in paying meat inspection services, transportation pay wages for my slaughter and butchery staff, and the rest reinvest in buying more pigs.

Loan Proposal

i need funding to enable me buy younger pigs to be slaughtered during the coming festival season i intend to buy them now because they will be a bit expensive as we approach the long Christmas holidays. I will buy a bit younger pigs keep them for one month and slaughter them after they have gained some kilos, one pig costs Ksh.5000 ($50). This will enable me to double my profits in December.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Nov 26, 2015

Repayment status

On Time

Projected term

3 months

Lenders

K

Krokslatt

Mölndal, Sweden

O

Oliver

Geneva, Switzerland

Tjitser

The Hague, Netherlands

Zidisha

Sterling, United States

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

BS

Brandon S

United States

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