Entrepreneur
Name
Allan
Member since
July 2015
On-time repayments
38 installments • 34%
About Me
I am a businessman and a small scale farmer too
Currently working in an IT firm and doubling it up with agriculture (cash crops) and chicken rearing for my day-to-day business to support my family too.
I am therefore applying for this loan to strictly help me acquire more materials for my businesses and my farm.
I started my business way back in 2012 and despite some struggles in the beginning I was able to stabilize more so because of this platform and am managing well at the moment.
My Business
Poultry farming and mixed farming.
I am venturing in rearing birds on my farm - mostly chicken and planting cash crops (for sale and use at home)
Currently I wish to expand the poultry house to accommodate more birds (chicken) for the upcoming holidays.
Loan Proposal
I will basically use the money I get to buy vegetable seeds considering vegetable performance and demand is so high during this period and in return this will increase the profits by about 28% I make and also it will help in supply of food crops to myself and the neighboring communities. The money I get will be distributed as follows:-
17.8 US Dollars for purchase of various vegetable seeds.
9.89 US Dollars for human labour and cultivating the land plus fertilizers
19.78 US Dollars for buying few heads of chicken
8.44 US Dollars for miscellaneous expenditure
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 1, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Southampton, United Kingdom
UK, United Kingdom
Stockholm, Sweden
Berlin, Germany
Sydney, Australia
New York, NY, United States
Fontvielle, Monaco, Yemen
Ask Allan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$104.49
Amount remaining
$0.00
Date repaid
Oct 5, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 9, 2015 | $4.12 | Aug 10, 2015 | $4.12 |
| Aug 16, 2015 | $4.12 | Aug 10, 2015 | $1.03 |
| Aug 17, 2015 | $3.09 | ||
| Aug 23, 2015 | $4.12 | Aug 17, 2015 | $1.03 |
| Aug 30, 2015 | $3.09 | ||
| Aug 30, 2015 | $4.12 | Aug 30, 2015 | $4.12 |
| Sep 6, 2015 | $1.03 | Aug 30, 2015 | $1.03 |
| Sep 13, 2015 | $7.22 | Sep 8, 2015 | $6.19 |
| Sep 17, 2015 | $1.03 | ||
| Sep 20, 2015 | $7.22 | Sep 17, 2015 | $7.22 |
| Sep 27, 2015 | $7.22 | Sep 17, 2015 | $2.06 |
| Oct 5, 2015 | $5.15 | ||
| Oct 4, 2015 | $7.22 | Oct 5, 2015 | $7.22 |
| Oct 11, 2015 | $7.22 | Oct 5, 2015 | $7.22 |
| Oct 18, 2015 | $7.22 | Oct 5, 2015 | $7.22 |
| Oct 25, 2015 | $7.22 | Oct 5, 2015 | $7.22 |
| Nov 1, 2015 | $7.22 | Oct 5, 2015 | $7.22 |
| Nov 8, 2015 | $7.22 | Oct 5, 2015 | $7.22 |
| Nov 15, 2015 | $7.22 | Oct 5, 2015 | $7.22 |
| Nov 22, 2015 | $14.80 | Oct 5, 2015 | $14.80 |
Loading...