Gypsum supply business

Entrepreneur

About Me

This is George Muthoka born and raised in Kenya, East Africa. I am schooled to higher education level currently pursuing a master degree in project planning and management.

I have worked as a teacher in my early working career and as a social worker with various NGOs. Currently I do private businesses.

I am a family man with one wife and 4 Children.

My Business

I do various income generating activities

1. I am a consultant in management and capacity building field. Here I advertise my services and apply for consultation opportunities within and beyond Kenya

2. I do farming, I own land that I use to cultivate vegetables and keep livestock for the market.

3. I do supplies business in gypsum - a raw material used in production of cement, plaster powder, chalk, ceiling boards etc.

4. I am naturing a young business in construction as a contractor and property management.

I incur costs in material purchase, loading, transportation and legal fees. In average I make an income of kshs 200,000/= per month which I use for home supplies, education fees for my children and other disadvantaged children and support to my elderly parents as well as capital investments

Loan Proposal

I will Continue with my Gypsum Business, with this loan I will pay part of the transportation cost for a truck of gypsum from Garissa to Mwingi. A ton of gypsum is transported at KES 1,200 to factory thus a total cost of KES 36,000 a truck of 30 ton. The facility will pay the transport cost less around Kshs 6,000. Considering the total cost of the whole truck with gypsum this loan will pay slightly below half the cost.

Each ton makes KES 500 at the factory thus making a total of KES 15,000 a half of which is KES 7,500. During the facility period three trips will be done making a total net profit of Kshs 22,500.

Once ploughed back into the business this facility will help grow the capital base as well as profit

Income Source

I have diversified my investment to include farming, consultancies and contracting of technical services such as construction, training, awareness creation etc. in the unlikely event one side fails then the others can support.

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Loan Info

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