Gypsum supply business

George

Kitengela , Kenya

100% repaid

Entrepreneur

Name

George

Member since

March 2017

On-time repayments

114 installments  •  72%

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 use these funds to pay my gypsum supplier. This amount is able to pay halfway the coast of one truck (20tons) of gypsum out of which each ton will give a profit of kshs 800/-

With time I expect this amounts to increase since i am ploughing back my profit to the business with an envisioned growth to support other family projects.

Feedback

3

None

None

  • Charles    Sep 6, 2018

    Excellent borrower...happy to consider further proposals.

    Log in to reply • Share
  • Treesforpeople    Jul 8, 2018

    George repayed the loan in full, and I would be happy to lend to him again.

    Log in to reply • Share
  • Helen Horseman    Jun 17, 2017

    Thank you for full repayment of your loan George, 100% on time.
    Good luck with your business in the future.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$247.00

Date disbursed

Jul 3, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

investor

Candiac, Canada

AltruisticSelfishnes

Chicago, United States

S

soren

Göteborg, Sweden

T

Tallago3

Munich, Germany

H

hilde

seattle, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

G

glh25

Winooski, United States

sderickson

Berkeley, CA, United States

Grant Xavier Storer

Seattle, Wa, United States

GaloLending

United States

Karijn

Amsterdam, Netherlands

Franmiguel

Perth, Australia

PG

Paul Graham

United States

CR

Christine Randall

Brisbane, Australia

M

Magnus

Switzerland

TO

Thomas O'Neil

United States

Vratik Krocik

Prague, Czech Republic

Victoria Keenan

East Anglia, United Kingdom

A

Aleks

United States

Remo

Switzerland

WV

Wouter van Buizen

Amsterdam, Netherlands

M

MFarrell2008

United States

A

Anonymous

United States

Sayuri

United Kingdom

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