Supplying gypsum for construction

George Muthoka

Kitengela , Kenya

$570 to go

19% funded of $708 goal

6

days left

  • $

Entrepreneur

Name

George Muthoka

Location

Kitengela , Kenya

On-time repayments

73 weekly installments  •  74%

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

Project Proposal

With this facility I will pay my gypsum supplier and transport to the user company. 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

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


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Project Info

Project Type

Pay It Forward

Amount requested

$708.00

Still needed

$570.00

Application expires

Oct 25, 2021

Cost to entrepreneur

Service fee: 10% of $708.00 = $35.44

Backers

MindMuse

Talking Rock, United States

Tavin

Ottawa, Canada

C

chrisherron

Chicago, United States

Laparo

Dusseldorf, Germany

Mike and Jacqui

United Kingdom

Franmiguel

Perth, Australia

AH

ajay hampapur

United States

Paul Smithson

Leeds, United Kingdom

TO

Thomas O'Neil

United States

Ed

Howells, United States

CJ

Chris Jones

Seattle, United States

D

Dave

Dropmore, Manitoba, Canada

LM

Lee Montecucco

Washington State, United States

sbdoc

Reno, United States

DO

Denis Ontiveros

Guildford, United Kingdom

Andrew

United States

Eike Christian Lorenzen

Flensburg, Germany

RS

Russel Stanbery

Columbia, United States

C

Chris

United Arab Emirates

D

Dan

Australia

EG

Erik G

Switzerland

SF

Snow Family

United States

Dhiraj Dwarapudi

Redwood City, United States

MG

MARK GARDNER

United States

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