Supplying gypsum for building construction

George

Kitengela , Kenya

100% repaid

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How it Works

Entrepreneur

Name

George

Member since

March 2017

On-time repayments

114 installments • 72%

About Me

This is George Muthoka born and raised in Kenya, East Africa. I am schooled to higher education level currently pursuing a master degree in project planning and management.

I have worked as a teacher in my early working career and as a social worker with various NGOs. Currently I do private businesses.

I am a family man with one wife and 4 Children.

My Business

I do various income generating activities

1. I am a consultant in management and capacity building field. Here I advertise my services and apply for consultation opportunities within and beyond Kenya

2. I do farming, I own land that I use to cultivate vegetables and keep livestock for the market.

3. I do supplies business in gypsum - a raw material used in production of cement, plaster powder, chalk, ceiling boards etc.

4. I am naturing a young business in construction as a contractor and property management.

I incur costs in material purchase, loading, transportation and legal fees. In average I make an income of kshs 200,000/= per month which I use for home supplies, education fees for my children and other disadvantaged children and support to my elderly parents as well as capital investments

Loan Proposal

I am servicing an order of supplying Gypsum in raw materials to a company that adds value to produce such products as gypsum powder, cornices, gypsum boards, etc.

I will boost this business using this loan, one ton of raw gypsum goes at 10USD plus transport at 10 USD per ton. a truck will carry upto 30 tons of such thus (10*30)*2 =600 USD each ton yields a profit of 5USD thus 5*30 = 150 USD per truck.

This will advance my income and gradually grow my capital base, thus boosting my income generation for home expenses and investments.

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C
Charles Sep 6, 2018

Excellent borrower...happy to consider further proposals.

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Treesforpeople Jul 8, 2018

George repayed the loan in full, and I would be happy to lend to him again.

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HH
Helen Horseman Jun 17, 2017

Thank you for full repayment of your loan George, 100% on time.
Good luck with your business in the future.

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