Supplying gypsum for building construction

George

Kitengela , Kenya

100% repaid

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

Using this cash I will pay halfway a 30 ton truck of gypsum which will be transported from source (Garissa) to factory (Mwingi)

Each ton will have a profit of ksh 500.00 thus making at least kshs15,000.00 per truck.

The money gotten out of this will be ploughed back to realize more trucks.

Feedback

3

None

None

  • 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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  • 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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Loan Info

Project Type

Classic Loan

Disbursed amount

$247.00

Date disbursed

Sep 17, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

valentin

Stockholm, Sweden

cyrus0302

San Francisco, United States

O

Oliver

Geneva, Switzerland

B

Bpryse

Long beach, United States

dsmart978

Bondurant, United States

C

cjmenchaca

Austin, United States

TK

Tim Koppel

WOLLONGONG, Australia

indeh

London, United Kingdom

Erica

Caledon, Canada

Cloudways

Malta, Malta

B

bugsheep

Houston, United States

juliemartha

Lake Mary, United States

ads68

Melbourne, Australia

R

Rking

Eugene, United States

Christopher

Copenhagen, Denmark

Bhayl

Stavanger, Norway

Vintagebeeinc

Youngsville NC, United States

L

leeirel

Edmonton, Canada

Maxey

Amstelveen, Netherlands

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

Z

zhihanchew1234

Tampin, Malaysia

camilberlin

Berlin, Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

F

fundfinite

Wellington, New Zealand

Zal0m0n

Atlantis!!!! x), Mauritania

B

Bokolo

Leeds, United Kingdom

Generaal

Antwerp, Belgium

gseletko

South Perth, Australia

Lambie

Perth, Australia

H

harrymore

Townsville, Australia

xtrahardware

Cazenovia, United States

HealthcareProvider

Baltimore, United States

H

Haavard

Bergen, Norway

B

bwitt

Berkeley, United States

sderickson

Berkeley, CA, United States

A

andrewpbrett

United States

pvilliger

Zurich, Switzerland

M

microlender

United States

M

maverick

United States

joshuacollinson

Vienna, Austria

J

jbhernan

United States

A

angelapeat01

United States

Loungin

United States

Vratik Krocik

Prague, Czech Republic

A

Aleks

United States

HL

Harris Lin

New Zealand

Stefan Koshold

Mülheim, Germany

L

Lisa

United States

Sayuri

United Kingdom

M

Melissa

United States

M

Maria

Germany

A

Anonymous

United States

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

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  • George    Sep 4, 2023

    I have experienced delay in payment of my supplies but nothing out of hand

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  • George    May 6, 2023

    Thank you so so much for making my project come true. I'll pay for my gypsum supply which will yield a profit that will pay for home consumables and school fees

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  • George    Apr 30, 2023

    Almost there... purchase preparations done in readiness

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  • Ahmad    Apr 30, 2023

    Add funds. Success for you.

    Translated by Google     Show original

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  • George    Apr 24, 2023

    With the previous facility I paid my gypsum suppliers. A ton of gypsum went for KES 1,100 and transported at KES 1,300 thus a total of KES 2,400. A 30 ton truck of gypsum cost KES 72,000. This cash therefore paid for a full truck.
    Each ton made KES 400 at the factory thus making a total of KES 15,000 which in esch truck and I did four times within the facility period. This helped me take care of some home expenses such as food purchase and school fees payment

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  • George    Mar 18, 2023

    Things haven't been easy, but am seeing some light now. hopefully will finalise repayment without fail from now

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  • George    Feb 7, 2023

    I have had unpaid invoices for my supplies for months now. I expect this to change within the next 2 months

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  • George    Jan 8, 2023

    My supplies have not been paid for a while now and expecting to make money in another 2 months time

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  • George    Dec 19, 2022

    I have none payed invoices since August 2022, I expect payments to regularise by January so will be able to make payments as usual

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  • George    Aug 24, 2022

    Than you so so much my lenders for making my project possible, I don't take it for granted! With this facility I will pay my Gypsum supplier and part of it will pay transport form quarry to the factory. At the end I'll realize some margin that will benefits my family in paying for some basics such as school fees

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  • George    Jun 26, 2022

    With this facility I paid my gypsum supplier. A ton of gypsum is going at KES 1,100 and transported at KES 1,300 thus a total of KES 2,400. A 30 ton truck of gypsum would cost KES 72,000. This Loan paid for a full truck.
    Each ton makes KES 400 at the factory thus making a total of KES 15,000 which I managed four times within the facility period.
    I ploughed back the proceeds into the business thus growing the capital base and consequently profit

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  • George    Dec 6, 2021

    So far am going on well having boosted my supplies and paid halfway the facility. I expect to meet my target at the end of the financing period

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  • George    Oct 26, 2021

    A big thank you to my lenders, this will tremendously increase my supply business. I will pay for an additional truck inclusive of transport and yield a profit of at least a quarter of the funded amount by the end of the loan period.

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  • Ren    Oct 25, 2021

    George, If your loan doesn’t fund fully, I encourage you to try again! Sometimes this happens with Zidisha - good luck!

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  • George    Sep 4, 2021

    Thank you my lenders, this cash will be uses to pay my gypsum supplies and the profit realized will be used to cater for home expenses

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  • George    Aug 20, 2021

    With this facility I paid my gypsum supplier. A ton of gypsum is going at KES 1,100 and transported at KES 1,300 thus a total of KES 2,400. A 30 ton truck of gypsum costs KES 72,000.

    Each ton made KES 400 at the factory thus making a total of KES 15,000 and I earned this amount two times within the facility period.

    I have been able to pay fees for my children and ploughed some part of the into the business.

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  • George    Jun 17, 2021

    Once again thank you my lenders, this facility will buy an additional truck of gypsum yielding an additional income that will go a long way in to building my business. Blessings

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  • JOY to the world    Jun 16, 2021

    Gods blessings on you

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  • George    Jun 6, 2021

    With the previous facility I paid my gypsum supplier. A ton of gypsum is going at KES 1,100 and transported at KES 1,300 thus a total of KES 2,400. A 30 ton truck of gypsum would cost KES 72,000. This Loan paid halfway the cost of a truck.

    Each ton makes KES 400 at the factory thus making a total of KES 15,000 half of which is KES 7,500 done twice within the borrowing period

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  • George    May 7, 2021

    Thank you my lenders for your support. I will get an additional gypsum track which will add on to my profit. The additional income will help in sorting some of the household items in my family

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