Entrepreneur
Name
Peter
Member since
September 2012
On-time repayments
11 installments • 0%
About Me
I live in Kiptangwanyi shopping center which is approximately 45km from Nakuru town. Nakuru town is our nearest major town within this area. I am married with four children. I am a born again christian and a pastor. I live in plot number 522 at the shopping center where I carry out my business with my family. My business entails a cereals shop at the shopping center. I sell all sort of cereals that range from maize, beans, wheat and other dry grains.
My Business
My business entails a cereals shop at the shopping center. I sell all sort of cereals that range from maize, beans, wheat and other dry grains. The main challenges that this business encounters are lack of finance to expand the business, fluctuating prices of fuel which adversely affects the business and frequent droughts that result in shortages.
Loan Proposal
Dear Lenders,
I will use my loan that I will get from Zidisha organization to do the following things. First, I would like to use the loan to transport some stock of cereals that I already have to Nairobi where currently there is good market. I have been lacking the funds for transportaion funds and therefore would like to use this golden chance to transport the cereals. Secondly, with the remaining amount I will purchase more cereals from the farmers especially at this moment when they are harvesting.
Feedback
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None
Neutral
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Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Oct 6, 2012
Repayment status
Late
Projected term
12 months
Lenders
Southampton, United Kingdom
Goleta, United States
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Summary
Amount repaid
$23.81
Amount remaining
$537.98
Expected completion
Oct 6, 2013
Status
Repaying late
Installment amount
$51.07
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 6, 2012 | $51.07 | Aug 7, 2013 | $11.90 |
| Dec 14, 2018 | $5.95 | ||
| Feb 22, 2019 | $5.95 | ||
| Jan 6, 2013 | $51.07 | ||
| Feb 6, 2013 | $51.07 | ||
| Mar 6, 2013 | $51.07 | ||
| Apr 6, 2013 | $51.07 | ||
| May 6, 2013 | $51.07 | ||
| Jun 6, 2013 | $51.07 | ||
| Jul 6, 2013 | $51.07 | ||
| Aug 6, 2013 | $51.07 | ||
| Sep 6, 2013 | $51.07 | ||
| Oct 6, 2013 | $51.07 | ||
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