Entrepreneur

About Me

Businessman at Oloolaimutia Centre but also proceeds to Nairobi a place called Dagoreti where he will sell his cattle there. He is married with one wife and three children, no child in school all are still young. Business profits are used to increase stock, buy clothing and household expenses.

My Business

He started business in the year 2005 with a capital of Ksh 10,000 (US $130) and bought two cows. He gradually improved and can now sell up to ten cow a month. He joined Ebony (a Zidisha partner microfinance institution) in 2008 where he was financed and increased his business. He had only seven cows when he started business and has now approximately 100 cows of his own.

Loan Proposal

Will use the 60,000 Kenya Shillings (US $779) to buy 3 big cattle @ Ksh.20,000 (US $260) and expect to sell them in a week and make a profit of Ksh.6,000 (US $80) per cow. Then buy others and sell them the next week and so on. All this is based on past experience.

Feedback

Loan Info

Lenders