Supplying gypsum for construction

George Muthoka

Kitengela , Kenya

24% paid forward

Entrepreneur

Name

George Muthoka

Member since

March 2017

On-time repayments

100 installments  •  80%

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. A ton of gypsum is going at KES 1,000 and transported at KES 1,400 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

Disbursed amount

$733.38

Date disbursed

Aug 24, 2022

Cost to entrepreneur

Service fee: $34.88

Pay It Forward contribution: $118.59

Backers

JTShorty

Gorham, Maine, United States

C

Colmena

Chicago, United States

Atheist4good

United States

mepster

San Francisco, Ca, United States

melissapmeier

United States

M

mbarbier

United States

Dave Bogard

New York, United States

Franmiguel

Perth, Australia

Anna Hoad

Toronto, Canada

Samuel Njoroge

Mishomoroni, Kenya

V

Vivek

Arlington, VA, United States

MR

Michiel Rauws

San Francisco, Netherlands

Isabella

UK, United Kingdom

E

eriklonnroth

United Kingdom

Andreas

Black Forest, Germany

Vratik Krocik

Prague, Czech Republic

A

Anonymous

United States

Faith Sawani

Narok, Kenya

Benson Makori

Nakuru, Kenya

Alhassan Kamil

Tamale, Ghana

Eric Nyuguto

Karatina, Kenya

Kipkorir Sigei

Kaptulwa, Kenya

Ryan Agnew

Australia

BP

Brian Piltz

United States

alexalexalex

Berlin, Germany

Jesse Ombakho

Kitale, Kenya

BK

Benjamin Kombich

Eldama Ravine, Kenya

B

Bram

Germany

AH

Abdirizak Hajji

Kajiado Central, Kenya

Isaac Biwott

Eldoret, Kenya

Samuel Wambugu

Nanyuki , Kenya

Stacey Nyongesa

Nairobi, Kenya

LK

Lucy Kamau

Nairobi, Kenya

Kiprotich Justus

Kericho, Kenya

JN

Jane Njoroge

Thika, Kenya

Caroline Gakii

Nairobi, Kenya

LA

Linet Akinyi

Mombasa , Kenya

Erick Maina

Nairobi, Kenya

Ben Korir

Nairobi , Kenya

JW

Job Wabusya

Nairobi, Kenya

MN

Mark Ngoloma

Nairobi, Kenya

Simon Nderitu

Thika, Kenya

MC

Mike Cormack

Vancouver, Canada

Julius Manwari

Kisii, Kenya

George Mumo

Kitui, Kenya

Gladys Cherono

Litein, Kenya

Black and White Zebra

Vancouver, Canada

DD

Diego Donoso

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Okoth

Nairobi, Kenya

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