Buying one bull for my butchery business

Esther

Eldoret, Kenya

100% repaid

Follow Esther

How it Works

Entrepreneur

Name

Esther

Member since

September 2015

On-time repayments

132 installments • 77%

About Me

Am called Esther Atieno born in the year 19888 on 13th of august in Kajulu village in Kisumu county in Nyanza Province in the beloved republic of Kenya.
I went to School in Kindu Primary in the year between 1992 to the year 1998,and stop there at that level due to lack of School fees because my parents were very very poor that they could not afford any thing apart from ]daily meals which was also a challenge to them as well.
Then latter I started working for people as A gardener in my tender age and I earned a very small sum of money and I used that to begin my Butchery which am running till now.
I am married and have Four children and all of them are boys ,The first born is in class 'six and the second born in class four and the third born is in class two the last born is still in the house he is about two years old .
I overcame all these hardship after I worked hard and earned money to begin my own business which is now helping me and my family.

The unique thing in my m,y clan is that girls are not considered when is comes to distribution of wealth by the parents but only boys are considered.

All my children to become business men wen they grow up except the last born child who is still young and has not decided .
My hobby is singing and swimming in my free time with my family.

My Business

I provide Butchery services of which I sell all kind of MEAT to my customers at the same Butchery.
This kind of goods is useful and are in demand because one people are so many in this place of kamukunji and two my neighboring community are pastrolists ,they keep a lot of cows ,goats and sheep therefore they are not so expensive to purchase from them and slaughter and sell the meat to the customers.
I chose this kind of business because the cows and sheep and goat are cheap to purchase and they available around the place ,
My typical cost and revenue is 40,.000Kshs.
I use the profit I get from .my business as follows .
-School fees for my children 12,000Kshs.
-Reinvestment in growing the business is 2,000Kshs.
-Home improvement 8,000Kshs.
-Church activities is 2,000Kshs.
And I expect more to be done soon as the business grow.

Loan Proposal

When am given this loan amount then I will be able to buy one big bull at the cost of 290 US Dollars.
This will make me have high in that I will be able to sell to many customers who have been missing the meat in my butchery shop due to scarcity of the commodity in the locality.
This also will make get a lot of profit for my self and my family as well.and many people will like my Butchery because I have selling only got meat but now I will sell also cows meat .
If this is implemented the I expect this business to grow by 50% from now .
Thanks in advance for lending me again for the second time .