Gypsum supply to Erdemann Gypsum, Ltd. (Mwingi, Kenya)

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

With this facility I will pay 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 will therefore pay for a full truck.

Each ton makes KES 400 at the factory thus making a total of KES 15,000 which can be done four times within the facility period.

Once ploughed back into the business this facility will help grow the capital base and consequently profit

Income Source

I have diversified my investment to include farming, consultancies and contracting of technical services such as construction, trainings, awareness creation etc. in the unlikely event one side fails then the others can support.

Feedback

3

None

None

  • Charles    Sep 6, 2018

    Excellent borrower...happy to consider further proposals.

    Log in to reply • Share
  • Treesforpeople    Jul 8, 2018

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

    Log in to reply • Share
  • 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.

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$673.00

Date disbursed

Jun 17, 2021

Repayment status

On Time

Projected term

2 months

Lenders

Brian

Midhurst, Canada

davelowe100

Perryville, United States

Vanamo

Helsinki, Finland

LA

United States

Svenip

Vienna, Austria

Tavin

Ottawa, Canada

Sundstroms

Falun, Sweden

P

pillepalle

Osnabrück, Germany

Ingela

Falun, Sweden

J

Johannes

Pirmasens, Germany

Hedwich

Gorssel, Netherlands

R

RCHeying

Marietta, United States

iggwag

Kilifi, Kenya

J

jonastang

Hong Kong, Hong Kong

sderickson

Berkeley, CA, United States

M

martyb

United States

A

axienjii

Amsterdam, United Kingdom

K

Kudrnova

Czech Republic

DavidHS

United Kingdom

P

plhughes

United States

B

bmkahora

United States

johnhudson

Washington, DC, United States

I

ident

Horsholm, Denmark

KieranB

Ireland

Kyle Hoback

Omaha, United States

R

ross22

United States

KM

KHS Microfinance

Tampa, United States

Villa Maria Outliers

Montreal, Canada

RM

Robbie McCullagh

Waverton, Australia

AA

Adam Atlas

Montreal, QC, Canada, Canada

JM

John Meserve

United States

Kate Courteau

United States

T

thedan33

Czech Republic

Kevin

San Francisco, United States

JC

JD Conley

United States

KD

Kent Don

United States

TS

Ted Suzman

United States

NH

N Holt

United States

C

cota

United States

N

nprad

United States

M

Mart

United Kingdom

JW

John Walsh

Alicante, Spain

Joey Jenkins

Portland, United States

GT

Gowan Tervo

United States

Paul Smithson

Leeds, United Kingdom

Rory McLaughlin

Dallas, United States

T

Tom

United States

AC

Aaron Curtis

United States

roark22

Geneva, Switzerland

E

EABF

Netherlands

J

jmfaber

Amsterdam, Netherlands

Sinan Taifour

Munich, Germany, Germany

PB

Pamela Barge

United States

Ryan Keller

Hong Kong, Hong Kong

MC

Mark Cowburn

United States

G

Gary

United States

J

Jon

United States

I

ibaer

Germany

Ren

Minneapolis/StPaul, United States

L

Lucy

Australia

A

Anonymous

United States

JZ

Julia Zaks

United States

Mary Norton

Byron Bay, Australia

Ken

Mequon, WI, United States

PC

Peter Cordier

United States

M

Mark

Toulouse, France, France

D

Dalton

San Francisco, United States

NH

Nancy Hull

United States

Dean Suminski

Portland, Oregon, United States

GS

Gary Sinard

Franklin, TN, United States

Doron Elinav

Ramat Gan, Israel

JC

Jordanna Chord

Kirkland, WA, United States

S

Sarah

Arlington, United States

Carrie

Arlington, MA, United States

Darren Jeppson

Denver, Colorado, United States

E

EJOBIV

United States

A

Aleks

United States

CH

Christian Holck

United Kingdom

BR

Brian Rickman

United States

C

Carol

Bayswater, WA, Australia

R

RM

Australia

T

Tanvir

United States

EA

Eric Ayers

Atlanta, United States

BS

Brian Schmidt

United States

KA

Kate and Tom

United States

Dao Nguyen

austin, United States

Babbitt Family Foundation

Reno, United States

S

Sam

United Kingdom

JT

JOY to the world

Cottonwood Heights, United States

F

fambig

Switzerland

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

Please log in to comment.

  • George    Sep 4, 2023

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

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • George    Apr 30, 2023

    Almost there... purchase preparations done in readiness

    Log in to reply • Share
  • Ahmad    Apr 30, 2023

    Add funds. Success for you.

    Translated by Google     Show original

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • George    Mar 18, 2023

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

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • George    Jan 8, 2023

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

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • 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.

    Log in to reply • Share
  • 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!

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • 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.

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • JOY to the world    Jun 16, 2021

    Gods blessings on you

    Log in to reply • Share
  • 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

    Log in to reply • Share
  • 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

    Log in to reply • Share


Loading...

Loading...

Loading...