Daniel Kinuthia

Embakasi, Kenya

14% repaid

Entrepreneur

Name

Daniel Kinuthia

Member since

February 2013

On-time repayments

11 installments  •  0%

About Me

I, Daniel Kinuthia, live in Embakasi , a residential area that is found about 30 KM from the city of Kenya, that is Nairobi. I am a married with 2 kids. There has been very sparsely located butcheries yet rental houses are avast with high population. In translation to this, meat is not sufficing. This was, to me, a solid reason to put up a butchery in the locality…and this pleased me for the way it got its way forth. I have been educating my children well and feeding my entire family without lacking.

My Business

love food businesses as there is no way people refuse eating what come may! I deal with selling of meat. In short I am a butcher. Embakasi is a highly populated area yet there is no major abattoir / slaughter house. The nearest one is in the city of Nairobi. Quite far indeed. The main challenges facing this business of selling meat is effects of lacking a refrigerator and hardship when one lacks a quick and reliable means of transport to go and bring the beef and or goat meat . Also, since slaughtering is not done on weekends, customers flock to those competitors who afford bulky buying on Fridays to preserve stock till Monday.

Loan Proposal

I am grateful for such a great opportunity to get a loan from Zidisha organization. I would like to use this loan that I will get from Zidisha organization to open a new meat outlet. This will be very important as I will be able to provide my products to more customers as well as increase my revenues in the business.

Feedback

None

None

2



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$500.51

Date disbursed

Apr 11, 2013

Repayment status

Late

Projected term

12 months

Cost to entrepreneur

Lender interest: $500.51 at 7.80% annual rate over 12 months = $42.18

Service fee: $18.87

Lenders

M

mikedufty

Perth, Australia

Brian

Midhurst, Canada

Silver

Steiermark, Austria

B

Bavarian

Bavaria, Germany

Sundstroms

Falun, Sweden

moni9785

San Salvador, El Salvador

Lamberto

gorgonzola, Italy

OlyRhys

Olympia, United States

Ingela

Falun, Sweden

M

martinmuell

wien, Austria

skyihssmith

Los Angeles, United States

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

Loading...

Loading...

Loading...