Building a home for myself, my wife & two minor children

Paul Mutie

Kasarani, Nairobi, Kenya, Kenya

100% paid forward

Entrepreneur

Name

Paul Mutie

Member since

August 2014

On-time repayments

357 installments  •  87%

About Me

I am a 37 years old, married with two children. Professionally i am a Realtor and proprietor at Scopah Enterprises Limited. I was born and raised by struggling parents but they gave all their efforts to ensure that me and everyone in the family could enjoy the basic needs and education. I studied up to high school level for my parents could not afford to get me passed that but I did not give up. I found my way to Nairobi through a friend who housed me for several months before introducing me to this grate man, the late Gordon Nyabande, who taught me through the essentials of Real Estate and gave me a chance of working under him in his firm. During this period he saw my interest in this field and encouraged me to start classes. I am now a proud Diploma holder in Real Estate but my boss and the person who introduced me in this field did not live long enough to see how far I could go, he sadly passed on in September 2015 through cancer. Now, with over 15 years experience in Real estate market, i have decided that am ready to venture in this market and I have had progressive meetings with a friend in the same field and are in the final stages of registering our own company. My friend and partner to be has over 20 years experience in the field and our aim is to combine our efforts in developing our young firm with a target to becoming one of the leading real estate firms in Kenya by the next 10 years. I am a big fan of business documentaries and also a soccer lover. Besides I love exercising and reading news papers and magazines. It has been a long journey so far but am not giving up till I see myself up there with the best entrepreneurs!

My Business

Scopah Enterprises is my business that has been in operation for about 10 years now. In this business i deal with the fast moving consumer goods. I chose this kind of business after conducting a feasibility study over a period of six months which led me to concluding that this are basic goods and people will need them in their homes day in day out. The business initially generated monthly profit of about $500 but your first loan saw my profit go up by 8%. Your second funding of my project enable my profits grow with another 12% and your third lending grew my profit with about 16%. I am currently enjoying monthly profits of about $10,000 of which I spend $136 for rent, $150 I pay myself a salary, $140 I pay my wife who runs the business, $60 takes care of utility bills, $150 goes for savings and the rest goes for reinvestment in growing the business. During this period we have been in operation we have seen tremendous growth most which is all because of your funding.

Project Proposal

My residential house is slowly but almost ready. Your last loan enable me to buy roofing materials and i was enable to raise funds from other sources and did plastering as well as install some internal fittings.

I need this loan to enable me buy floor tiles and also pay for the labour to get them fixed. My intention is to complete the house soonest possible so as we can do away with paying rent which is consuming most of the family income. After moving into the house the amount we have been paying as rent will be released to grow the family business which will intern generate more income to the family helping us plan for a family vacation at least once or twice in a year.

Feedback

6

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Project Info

Project Type

Pay It Forward

Disbursed amount

$494.69

Date disbursed

May 13, 2022

Cost to entrepreneur

Service fee: $69.55

Backers

G D Export

Kolkata, India

Cloudways

Malta, Malta

Isaiah Githaiga

Nairobi, Kenya

Mercy Muthoni

Nairobi, Kenya

S

Stephan

Netherlands

Dave Bogard

New York, United States

Vratik Krocik

Prague, Czech Republic

Antony Mwendia

Nairobi, Kenya

Charles Oriama

Busia, Kenya

GF

Gammon Family

United States

Chinedum Nzerem

Lagos, Nigeria

Opemuy Abiodun

Federal Capital Territory, Nigeria

Anita Ajei

Accra, Ghana

Adam Osman

Wa, Upper West Region, Ghana

Evans Ositu

Nairobi, Kenya

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  • Paul Mutie    Nov 22, 2022

    Thank you all for accepting to fund my project. I need this loan to enable me connect electricity to my residential house and also do the kitchen cupboards and bedrooms wardrobes fittings. My intention is to complete the house soonest possible so as we can do away with paying rent which is consuming most of the family income. After moving into the house the amount we have been paying as rent will be released to grow the family business which will intern generate more income to the family helping us plan for a family vacation at least once or twice in a year.

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  • Paul Mutie    Nov 7, 2022

    Dear lenders,
    I would like to take this opportunity to thank you for standing with me and lending towards my last project. I managed to buy and fix floor tiles for the family residential house which is now almost complete. The next phase is to connect electricity to the house and also do the kitchen and bedrooms fittings. Thank you and i request you to continue standing with me as i purpose to provide a permanent shelter to my family.

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  • Paul Mutie    May 16, 2022

    Dear lenders,

    Thank you for accepting to fund my residential house project. I will use the funds to buy and fix floor tiles for my residential house. I received a total of Kshs. 44,669/=.

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  • Paul Mutie    May 13, 2022

    Dear lenders,

    Thank your for funding my project.
    I will utilize the loan proceeds to buy floor tiles for my residential house and also pay for the labor to get them fixed. My intention is to complete the house soonest possible so as we can do away with paying rent which is consuming most of the family income. After moving into the house the amount we have been paying as rent will be released to grow the family business which will intern generate more income to the family helping us plan for a family vacation at least once or twice in a year.

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  • Antony Mwendia    May 8, 2022

    Investment wisely

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  • Paul Mutie    May 1, 2022

    Dear backers,

    Receive much greetings and appreciation for lending me your funds in my last project and also for being patient with me as i struggled to make the repayment despite the hard times. I used the funds to buy roofing materials for my house and though the house is not yet fully complete, my family is happy for we have a place we can call home. God willing very soon we are going to complete the remaining bit and then i will move my family there. This will be a huge boost to the family for it will do away with the rent bill, releasing this funds to other functions like improving our business.

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  • Paul Mutie    Apr 11, 2022

    Dear lenders,

    Let me begin by apologizing for taking long to repay your loan. Things went south for me in many ways but thank God they are slowly now getting better.
    Despite the rough time that I have had, I struggled to repay whatever little I could get and I am happy because have just cleared your loan.
    Please accept my apologies and I request you to stand by me in my next project.

    Regards,

    Paul Mutie

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  • Paul Mutie    Dec 15, 2021

    Kindly allow me to adjust my repayments as above

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  • Shellemiah Ogollah    Dec 8, 2021

    dear team
    the client has on the truck and his payment is to be submitted tomorrow

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  • Paul Mutie    Dec 2, 2021

    Please allow me to reduce my instalments as above

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  • Paul Mutie    Nov 9, 2021

    Please allow me to reduce my repayments as above.

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  • Daniel Malului    Oct 28, 2021

    Dear Lenders,
    Have spoke to Mr Mutie and he will be making the payment in the course of next week

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  • Paul Mutie    Oct 14, 2021

    Due to financial constraints, kindly allow me to adjust my repayments follows.

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  • Paul Mutie    Oct 6, 2021

    Kindly allow me to reduce my repayments as indicated above

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  • Paul Mutie    Sep 22, 2021

    Kindly allow me to reduce my repayment installments as hereabove due to financial constraints. Thank you.

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  • Paul Mutie    Sep 17, 2021

    Kindly allow me to reduce my instalments as above due to financial constraints

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  • Daniel Malului    Sep 16, 2021

    Dear Lenders.
    i have spoke to Mr Mutie and he is currently having some finacial challenges but he has promised to work it out sooner

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  • Paul Mutie    Jul 29, 2021

    Kindly allow me to reduce my instalments as above due to financial constraints. Thanks

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  • Paul Mutie    Jun 28, 2021

    Kindly allow me to reduce my repayments as follows

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  • Paul Mutie    Jun 14, 2021

    Due to financial constraints, kindly allow me to reduce my repayments as above. Thanks for your understanding

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