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

With the loan amount i will be able to buy four pigs at a cost of Ksh. 5000 $50 each this pigs weigh between 35-50kgs i will be able to sale each Kilogram at a cost of Ksh.320 $3.2 which will give me an average total of Ksh. 12000 $120 per pig with this i will be able to buy more pigs and grow the business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 17, 2016

Repayment status

On Time

Projected term

7 months

Lenders

L

Leonora

TÄBY, Sweden

John Minges

United States

jo

Los Angeles, United States

Anonymous

Ocoee, United States

BS

Brandon S

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Ask Stanley a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...