Entrepreneur

About Me

Businessman at Oloolaimutia Centre who buys small aged calves from local households and sells them just within the locality. He is married with one wife and three children, of whom one is in the top class, the other in baby class and another still young. Business profits are used to increase stock, pay school fees, buy clothing and household expenses.

My Business

He started business in the year 2003 with 3 calves of his own for he had only 6 cows and sacrificed the three to start his own business. He improved gradually and can now sell up to 15 cows a month where he can get a profit of approximatelly Ksh.35,000 (US $455) per month. He also joined Ebony (a microfinance institution) in 2008 where he was financed and increased his business.

Loan Proposal

Will use the 60,000 Kenya Shillings (US $779) to buy 6 more cattle of Ksh.10,000 (US $130) @. Will sell them weekly and a profit of Ksh 2,000 (US $26) @ i.e. Ksh.12,000 ($156) per week. All this is based on past experience.

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