Buy more eggs to resell

Nicholas

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Nicholas

Member since

February 2017

On-time repayments

44 installments  •  68%

About Me

My name is Nicholas. I am a father of two children aged 20 and 15 years old. One is in college while the other one is doing his secondary education. I was born and raised in Kirinyanga county. I then moved to Mombasa city when I got a job as a super-market attendant.

I have worked here for 20 years but I also run a small butchery with the help of my wife.

I love traveling and watching football.

My Business

I run a small butchery in my estate. I sell beef and eggs. I normally sell about 150kgs of beef and about 100 eggs per day. My wife is the one who manages this business since I am away most of the time but I help her whenever time allows.

The business net income is about $200 per month. This money supplements my income and it has improved the quality of life for my family.

Loan Proposal

I will use this first loan to buy more eggs and then resell them at a profit. This money is enough to buy three trays of eggs at a total coast of $11. I normally make a profit of about $1 per tray and therefore, I will be assured of $3 profit.

I hope to gain by getting bigger loans in future. Thanks you very much for giving me an opportunity to get into Zidisha loaning system.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Feb 19, 2017

Repayment status

On Time

Projected term

2 months

Lenders

A

Anonymous

United States

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Summary

Amount repaid

$10.33

Amount remaining

$0.00

Date repaid

Mar 20, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 1, 2017 $1.14 Mar 1, 2017 $1.14
Mar 8, 2017 $1.14 Mar 1, 2017 $1.14
Mar 15, 2017 $1.14 Mar 1, 2017 $1.14
Mar 22, 2017 $1.14 Mar 1, 2017 $0.51
Mar 20, 2017 $0.63
Mar 29, 2017 $1.14 Mar 20, 2017 $1.14
Apr 5, 2017 $1.14 Mar 20, 2017 $1.14
Apr 12, 2017 $1.14 Mar 20, 2017 $1.14
Apr 19, 2017 $1.14 Mar 20, 2017 $1.14
Apr 26, 2017 $1.14 Mar 20, 2017 $0.71
Mar 20, 2017 $0.43
May 3, 2017 $0.06 Mar 20, 2017 $0.06

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