Entrepreneur

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

The season for harvesting beans is finally here with us again. The farmers have started harvesting and drying the beans to sell to the national cereals and produce board. However, they need money for the transport to the buying centres. These farmers have only their produce to sell to get everything including the transport for their productts. As such these farmers are willing to sell each alittle of the harvest to get money for the transportation of the rest. This is what iam targeting to buy. The little from each farmer would end up making alot of grains which i can sell back to them when planting season comes. The farmers in my area do not stock pile for themselves but sell everything only to later buy at a higher price. If a person stockpiles in the area, the price will be better for them because he cannot sell back to them as expensivelly as those from outside the area who have to hike the prices to cater for the transportation expenses. I therefore intend to use the loan for buying the beans during this season.

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