Entrepreneur
Name
Elizabeth
Member since
April 2012
On-time repayments
12 installments • 33%
About Me
Am married with three children.All school going one at polytechnic,second at the last at primary school.With the help of my husband and through the farming we manage to give them a quality education. I do farming as my business where i keep cow, sheep and farm maize I do farming as my business where i keep cow, sheep and farm maize
My Business
I specialize in farming of maize,cows,sheep and in poultry on my piece of land which is 6acres.
Annually the maize production estimates at 100 bags selling at 3000 per bag which gives me about 300000,through the sale of milk the two cows produces about 15 litres a day in a month making 4500 litres it gives me about 162000 a litre selling at 30.After the deduction of maize expenses of fertilizer,seeds,ploughing and transportation which totals to at least 53000 and that of cattle for ticks spray,feeds and at times when am busy with home chores i hire somebodyb to sell for me at the market all totals to approximately 20000 after the total deduction am left with a bout 389000 this helps me to budget for the year i.e my pay,school fees,entertainment and the rest i wait for the next season .
Loan Proposal
I specialize in farming of maize,cows,sheep and in poultry on my piece of land which is 6acres.
Annually the maize production estimates at 100 bags selling at 3000 per bag which gives me about 300000,through the sale of milk the two cows produces about 15 litres a day in a month making 4500 litres it gives me about 162000 a litre selling at 30.After the deduction of maize expenses of fertilizer,seeds,ploughing and transportation which totals to at least 53000 and that of cattle for ticks spray,feeds and at times when am busy with home chores i hire somebody to sell for me at the market all totals to approximately 20000 after the total deduction am left with a bout 389000 this helps me to budget for the year i.e my pay,school fees,entertainment and the rest i wait for the next season .Now as we approaching new year and in readiness for planting i will utilize the money in the preparation of land for plantation.Thanks a lot for you approving me to be among your members
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Loan Info
Project Type
Classic Loan
Disbursed amount
$495.00
Date disbursed
Dec 19, 2012
Repayment status
Late
Projected term
12 months
Lenders
Berlin, Germany
Summary
Amount repaid
$391.80
Amount remaining
$154.78
Expected completion
Jan 14, 2014
Status
Repaying late
Installment amount
$45.55
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 14, 2013 | $45.55 | Feb 13, 2013 | $45.55 |
| Mar 14, 2013 | $45.55 | Mar 15, 2013 | $45.55 |
| Apr 14, 2013 | $45.55 | Apr 14, 2013 | $45.55 |
| May 14, 2013 | $45.55 | May 15, 2013 | $45.55 |
| Jun 14, 2013 | $45.55 | Jan 13, 2014 | $45.55 |
| Jul 14, 2013 | $45.55 | Feb 13, 2014 | $45.55 |
| Aug 14, 2013 | $45.55 | Mar 14, 2014 | $45.55 |
| Sep 14, 2013 | $45.55 | Apr 14, 2014 | $45.55 |
| Oct 14, 2013 | $45.55 | Mar 12, 2019 | $27.33 |
| Nov 14, 2013 | $45.55 | ||
| Dec 14, 2013 | $45.55 | ||
| Jan 14, 2014 | $45.49 | ||
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