Entrepreneur
Name
Charles
Member since
March 2011
On-time repayments
70 installments • 37%
About Me
I am Charles Buri Muchemi. My parents live in Ngarua while I live in Nakuru. I at a place called Bahati have one wife and one child.
My Business
I usually buy goats and cows in Ngarua and transport them to Bahati where I keep them in a pen and feed those that may be weak as I sell them to the buchermen at a profit. I use a lorry to transport the animals and have to apply for a permit to do so from the authorities. I usually go back to Ngarua when the stock is complete. It takes about two weeks to complete the stock. Sometimes the stock takes longer than this. However I am only able to transport few animals at a time. I would prefer to buy more and sell them at a whole sale price so that they can take shorter time to clear the stock. I can also diversify so that I can include the other animals such as chicken where I would buy from farmers and slaughter and put them in a freezer to sell them to the customers for consumption.
Loan Proposal
I usually buy goats and cows in Ngarua and transport them to Bahati where I keep them in a pen and feed those that may be weak as I sell them to the buchermen at a profit. I use a lorry to transport the animals and have to apply for a permit to do so from the authorities. I usually go back to Ngarua when the stock is complete. It takes about two weeks to complete the stock. Sometimes the stock takes longer than this. However I am only able to transport few animals at a time. I would prefer to buy more and sell them at a whole sale price so that they can take shorter time to clear the stock. I can also diversify so that I can include the other animals such as chicken where I would buy from farmers and slaughter and put them in a freezer to sell them to the customers for consumption.i wish to also start to transport the cereals from Ngarua to Nakuru and sell them at whole sale price so that i could be able to wait for the animals to sell.
Feedback
Positive
14
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$615.00
Date disbursed
Apr 8, 2011
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Southampton, United Kingdom
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