Pashar Ole
Oloolaimuitia, Maasai Mara, Kenya
$0 to go
100% funded of $900 goal
0
days left
Name
Pashar Ole
Member since
September 2009
On-time repayments
24 installments • 29%
Businessman at Oloolaimutia Centre but also proceeds to Nairobi a place called Dagoreti where he will sell his cattle there. He is married with one wife and three children, no child in school all are still young. Business profits are used to increase stock, buy clothing and household expenses.
He started business in the year 2005 with a capital of Ksh 10,000 (US $130) and bought two cows. He gradually improved and can now sell up to ten cow a month. He joined Ebony (a Zidisha partner microfinance institution) in 2008 where he was financed and increased his business. He had only seven cows when he started business and has now approximately 100 cows of his own.
I will expand the stock of six more big and fat bulls.The bulls will be bought at 10,000ksh per bull and re-sell them to make a profit of 2,000ksh per bull,the total profit will be 12,000ksh. This will be generated per two weeks and per month,the total amount of profit is 24,000ksh. This income will help to pay zidisha loan and carter for the family and the cost of transport. The cost of transport is ksh 5,000 per month,and the family expenses is 10,000ksh per month.
I have the faith of doing to the best i can.
Positive
5
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$900.00
Date disbursed
Dec 22, 2010
Repayment status
Late
Projected term
12 months
Other loans
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Amount repaid
$0.00
Amount remaining
$982.60
Expected completion
Dec 22, 2011
Status
Repaying late
Installment amount
$81.88
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 22, 2011 | $81.88 | ||
Feb 22, 2011 | $81.88 | ||
Mar 22, 2011 | $81.88 | ||
Apr 22, 2011 | $81.88 | ||
May 22, 2011 | $81.88 | ||
Jun 22, 2011 | $81.88 | ||
Jul 22, 2011 | $81.88 | ||
Aug 22, 2011 | $81.88 | ||
Sep 22, 2011 | $81.88 | ||
Oct 22, 2011 | $81.88 | ||
Nov 22, 2011 | $81.88 | ||
Dec 22, 2011 | $81.88 |
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