Joseph Kamau Muriithi
Rongai Town, Kenya
100% paid forward
Joseph Kamau Muriithi
377 installments • 99%
I was born in the family of Mr/Mrs Muriithi in the year 1984, at Kandutura farm which is in Rongai Sub County of Nakuru County.I am number six in the family of ten. I went to school in the year 1991 at Kandutura primary to 1997 when I sat for K.C.P.E.After completion to the primary school, I stayed at home for three years.2001 I went to Rongai Town where I was employed as butcher man for ten years. Married with two beautiful girls.
For duration of ten year being employed to some one Butcher,i gain a lot of experience.2011 i manage to open my own butcher The business is doing well under my management.I work with two workers whom i love because of there well done job.The business is situated a long Rongai Rengenet way near Catholic Church.
I am very much grate for the previous loan you lend me it was of great help.
Am her for a new loan proposal which is meant for starting up a new butchery business in a different location to reach more customers. The business will be located at Salgaa, Nakuru-Eldoret highway.
This loan of 2820USD will be utilized as follows according to the new business need:
First I will buy cows and goats/sheep which will keep my butchery business running incase there will be a shortage of meat in the slaughter house where I source the meat. 5 cows will cost 909USD and 10 goats/sheep will cost 454USD. Since I don’t have a place I will have to rent a room to install my business, the room will cost 254USD that includes three months installment. I will renovate the room with 454USD after which I buy a weighing machine for 90USD. I will still get a working permit (license) for 90USD.
The remaining amount of 569USD will be for keeping the business running incase of any emergency. This new butchery business will employ three people with an option of adding another one as the business keeps running.
I am targeting to be getting 27USD profit a day that adding up to 189USD a week. With this profit I will be able repay the loan up to 30USD per week comfortably
Pay It Forward
Oct 27, 2021
Cost to entrepreneur
Service fee: $124.53
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Mary Mar 6, 2018