Entrepreneur
Name
Steve
Member since
May 2011
On-time repayments
31 installments • 61%
About Me
Iam a young man of 46 years old. i come from a village named Bahati Nakuru county, Riftvalley province. Iam married with three kids aged 18, 11 and 1 years old respectively.
I have 2 acres of land which I plant maize n peas. 1/4 acre is for home compound,3/4 acre I'd for maize and 1 acre is for peas. I a get at least kshs150,000 anually form peas and ksh 70000 from maize.
My Business
Iam a cash crop farmer. I have a good experience in that. i inherited two acres of land from my father.He inherited me this because he saw the high interest that i had on farm. I sell my peas to the local market and maize I sell it to local millers for flour. I find it wise for me to hire another another acre of land and plant peas so that i can increase my income.
Here is my business expenses and how i will use the loan money;
Hiring the land kshs 8000
Buying peas seeds kshs 8000
Cultivating the land kshs 4000
Buying fertilizer kshs5000
Buying pestsides kshs7000
Labour kshs 6000 and a miscellaneous of kshs 7000
If offered a loan of kshs. 45,000 and to be repaired within one year i will be a happy farmer.
Loan Proposal
He are my business expenses and how i will use the loan money; buy 200 broiler chicks for 13,200, feed for four months i require seven bags each bag is 2000 totalling to 14,000, vaccines for newcastle, gumboro and other diseases 2000,labor 10000.
if loaned kshs. 40,000 and to be repaired within one year i will be a happy farmer.
Feedback
Positive
12
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$237.00
Date disbursed
Jun 30, 2011
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
Sarasota// Phnom Penh, United States
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Summary
Amount repaid
$253.61
Amount remaining
$0.00
Date repaid
Jun 7, 2012
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 30, 2011 | $28.18 | Aug 30, 2011 | $28.18 |
| Sep 30, 2011 | $28.18 | Aug 30, 2011 | $6.35 |
| Sep 30, 2011 | $11.90 | ||
| Oct 12, 2011 | $9.93 | ||
| Oct 30, 2011 | $28.18 | Oct 12, 2011 | $1.98 |
| Oct 20, 2011 | $23.81 | ||
| Dec 16, 2011 | $2.39 | ||
| Nov 30, 2011 | $28.18 | Dec 16, 2011 | $27.37 |
| Jan 9, 2012 | $0.81 | ||
| Dec 30, 2011 | $28.18 | Jan 9, 2012 | $23.00 |
| Feb 4, 2012 | $5.18 | ||
| Jan 30, 2012 | $28.18 | Feb 4, 2012 | $9.11 |
| Feb 6, 2012 | $17.86 | ||
| Mar 11, 2012 | $1.21 | ||
| Mar 1, 2012 | $28.18 | Mar 11, 2012 | $16.64 |
| Mar 18, 2012 | $11.54 | ||
| Mar 30, 2012 | $28.18 | Mar 18, 2012 | $6.32 |
| Apr 7, 2012 | $21.43 | ||
| May 9, 2012 | $0.43 | ||
| Apr 30, 2012 | $28.18 | May 9, 2012 | $23.38 |
| Jun 7, 2012 | $4.79 | ||
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