Making cooking fuel from recycled bio waste

Gichuki

Thika, Kenya

100% repaid

Entrepreneur

Name

Gichuki

Member since

June 2020

On-time repayments

117 installments  •  100%

About Me

My Name is Gichuki Nuthu from Kiambu county, Kenya. I reside in Thika sub county near the county's largest dumpsite Kang'oki. When I bought a piece of land here 7 years ago, my plan was to ascertain how I can benefit from waste dumped without raising conflict with the community around who scavenged for valuable in the dumpsite. The valuables include but not limited to plastics, metal cans, nylon bags for recycling and stale food which are fed to dogs and pigs.
Only a few, if any, were interested with bio garbage from markets, residential and business areas.
I am Certified Public Accountant of Kenya and currently pursuing Bachelor of Commerce degree, marketing management option at Mount Kenya University , I ventured into recycle of this matter to clean the environment, avail affordable source of fuel to neighbours and create employment.

My Business

In the year 2018, I ventured in recycling of this bio waste matter including sawdust from sawmills and timberyards, charcoal dust from yards.
Towards this, I engaged a local technician who calibrated a local briquette machine which currently produce 6 -25kg bags a day. We sell at kenya shillings 30.00 a kilo.
These products have ready market in the neighborhood where clients use briquettes in their homes for cooking, others use for warming up their chicken broods. Thika sub county has many chicken rearing farmers. There is also the nearby Nairobi city, Kenya's capital where a sizable population still depends on charcoal as fuel and we have introduced our briquettes as a substitute to save forest and environment.
We also use some in our kitchen. This has reduced our domestic budget substantially.
We have created employment whereby,currently we have one employee. We hope to employ more in near future after upgrading our briquettes machine as the current one has reached maximum production and it level of efficiency is not satisfactory.
We also utilise the excess space for poutry rearing.

Loan Proposal

We are in briquettes production business. The funds will enable us to get more raw materials.
The raw materials include charcoal dust, saw dust, red soil and molasses for bidding.
We will also purchase electricity units which are prepaid for powering up the briquettes processing Machine.

Income Source

Our briquettes are essential goods,in that energy is needed in almost all dwellings where the human lives including hospital and quarantine centres especially now that the cold season is here with us in Kenya upto end of August.
We also have clients who brood days old chicken.

My Videos

Jan 9, 2021: Briquettes and chicken rearing in thika kenya

Feedback

2

None

None

  • Adam Shipp    Jun 26, 2021

    He kept up great communication and had a very thought out business plan. I would definitely lend to him again.

    Log in to reply • Share
  • Erik G    Jan 15, 2021

    Really good communication fro Gichuki and he seems to have tought out his plans for his business well and works hard to achieve them as he did to pay off the loans. Very happy to lend to him again and know the loan will be well managed.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$112.00

Date disbursed

Jul 12, 2020

Repayment status

On Time

Projected term

2 months

Lenders

wissam

Jeddah, Saudi Arabia

J

Jason

West Palm Beach, United States

DK

Daniel Kalla

Saint Paul, United States

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Summary

Amount repaid

$112.52

Amount remaining

$0.00

Date repaid

Aug 14, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 22, 2020 $11.25 Jul 20, 2020 $11.25
Jul 29, 2020 $11.25 Jul 20, 2020 $3.53
Jul 27, 2020 $7.73
Aug 5, 2020 $11.25 Jul 27, 2020 $7.06
Aug 3, 2020 $4.20
Aug 12, 2020 $11.25 Aug 3, 2020 $11.25
Aug 19, 2020 $11.25 Aug 3, 2020 $6.23
Aug 7, 2020 $5.03
Aug 26, 2020 $11.25 Aug 7, 2020 $11.25
Sep 2, 2020 $11.25 Aug 7, 2020 $3.43
Aug 12, 2020 $7.82
Sep 9, 2020 $11.25 Aug 12, 2020 $11.25
Sep 16, 2020 $11.25 Aug 12, 2020 $2.78
Aug 14, 2020 $8.47
Sep 23, 2020 $11.23 Aug 14, 2020 $11.23

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