Name
Moses
Member since
May 2017
On-time repayments
28 installments • 43%
My name is Moses Indumuli, famously known as pastor in my village(muchanja). I have 8 children, 4 already have completed form 4. I manage to reach form two during our time. I decide to do chicken business becose in our community people like to eat hens(ingoko). Also, my wife also help me in rearing this hens when i bring home. Despite hardship we have in our area, i have been very hopeful and determined in my work that made me to pay school fees for my four children till secondary level, this becose i want them to live a better life than mine.
In aday i can buy five ingokos, one costing @$4, and sell @$5, making a profit of @$0.5. As well in a bad day i will have my $2. Why did i choose chicken business because luhiyas like eating chicken meat and therefore demand is high. Also, in our community chicken is a cultural pet and you wont miss to see in any homestead.
with a loan of ksh1800, i will be able to buy four hens at a cost of ksh1600, the remaining ksh200 will be my savings. the four hens will be able to give ksh2000 after sale. profit of ksh400, plus ksh200 for savings. it will be a good deal as this is a business of one or two days.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$19.00
Date disbursed
Jul 18, 2017
Repayment status
Late
Projected term
5 months
Other loans
Amount repaid
$6.91
Amount remaining
$12.55
Expected completion
Dec 22, 2017
Status
Repaying late
Installment amount
$0.99
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 28, 2017 | $0.99 | Jul 28, 2017 | $0.99 |
Aug 4, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Aug 11, 2017 | $0.99 | Aug 11, 2017 | $0.99 |
Aug 18, 2017 | $0.99 | Aug 18, 2017 | $0.99 |
Aug 25, 2017 | $0.99 | Aug 25, 2017 | $0.99 |
Sep 1, 2017 | $0.99 | Sep 13, 2017 | $0.99 |
Sep 8, 2017 | $0.99 | Sep 13, 2017 | $0.99 |
Sep 15, 2017 | $0.00 | ||
Sep 22, 2017 | $0.00 | ||
Sep 29, 2017 | $0.99 | ||
Oct 6, 2017 | $0.99 | ||
Oct 13, 2017 | $0.99 | ||
Oct 20, 2017 | $0.99 | ||
Oct 27, 2017 | $0.99 | ||
Nov 3, 2017 | $0.99 | ||
Nov 10, 2017 | $0.99 | ||
Nov 17, 2017 | $0.99 | ||
Nov 24, 2017 | $0.99 | ||
Dec 1, 2017 | $0.99 | ||
Dec 8, 2017 | $0.99 | ||
Dec 15, 2017 | $0.99 | ||
Dec 22, 2017 | $0.69 |
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