Gabriel
Zambezi Kiambu County, Kenya
100% repaid
Name
Gabriel
Member since
February 2017
On-time repayments
17 installments • 53%
I am a Kenyan male, aged 30 years. I am a Bcom graduate from Kenyatta University and MBA graduate of University of Nairobi. I am also a business man in real estate agency and in agricultural machinery.
I am also married with a wife and two kids, I have previously worked with Occidental Insurance Company as an Accounts Assistant and as a properties manager. I worked with the company for six years before leaving employment to take my business passion to a higher level.
Purchase and sale of agricultural machinery at a profit.
We import high quality agricultural machinery that we sell countrywide.
Kenya having agriculture as the backbone of the economy has devolved funds to reach farmers, we make an edge by ensuring that the local farmers are able to access affordable machinery that add value to their products.
I will use it in purchase of chaff cutters and chopper mills.
A chaff cutter I buy for $300 and sell the same at $400.
A chopper mill I buy it at $320 and sell for $450.
I have monitored the stock movement and in a good week, I sell 4 chaff cutters and 3 chopper mills. on a bad week I sell at least one chaff cutter and one chopper mill. Averagely 3 chaff cutters and 2 chopper mills in a week.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Jun 13, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Amount repaid
$15.56
Amount remaining
$0.00
Date repaid
Sep 3, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 22, 2017 | $1.98 | Jul 3, 2017 | $1.98 |
Jun 29, 2017 | $1.98 | Jul 3, 2017 | $1.98 |
Jul 6, 2017 | $1.98 | Jul 12, 2017 | $1.98 |
Jul 13, 2017 | $1.98 | Sep 3, 2017 | $1.98 |
Jul 20, 2017 | $1.98 | Sep 3, 2017 | $1.98 |
Jul 27, 2017 | $1.98 | Sep 3, 2017 | $1.98 |
Aug 3, 2017 | $1.98 | Sep 3, 2017 | $1.98 |
Aug 10, 2017 | $1.73 | Sep 3, 2017 | $1.73 |
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