Entrepreneur
Name
Barasa
Member since
October 2012
On-time repayments
11 installments • 0%
About Me
I live at mnarani Kilifi county and am a form four liver with an IT certificate . i started my business a year a go and it has been sustaining my life and that of my wife and our four kids, given an opportunity I would increase the stock and the revenue would be much pleasing as I have my permanent customers from the tourists hotels and the local hotels nearby me.
My Business
I do poultry farming and i keep broilers where by I harvest after a period of 5 weeks. my customers are the nearest tourism hotels and the local hotels. Most people like my products due to the high hygiene i have been maintaining when the chick is one day old up to five weeks old.it is profitable because i buy the chick at seventy five shillings and sell it at a cost of four hundred shillings.where by after deducting my expenses I remain with 200 shillings as profit.
Loan Proposal
I will use the loan to add my stock of one hundred chicks to three hundred where by Ill be able to harvest more than thirty thousand a month.I will be in a position of helping my two chilren who are in secondary level who are very bright as they have been scoring high max since primary classes up to date,and as a father I dont want to disgrace them by not able to cater for their school fees. I am also planning to keep layers also if the amount will be enough for it.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Dec 14, 2012
Repayment status
Late
Projected term
12 months
Lenders
Morro Bay, United States
Sydney, Australia
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Summary
Amount repaid
$84.48
Amount remaining
$449.99
Expected completion
Dec 21, 2013
Status
Repaying late
Installment amount
$48.59
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 21, 2013 | $48.59 | Feb 21, 2013 | $35.88 |
| Mar 19, 2013 | $12.71 | ||
| Mar 21, 2013 | $48.59 | Mar 19, 2013 | $35.89 |
| Apr 21, 2013 | $48.59 | ||
| May 21, 2013 | $48.59 | ||
| Jun 21, 2013 | $48.59 | ||
| Jul 21, 2013 | $48.59 | ||
| Aug 21, 2013 | $48.59 | ||
| Sep 21, 2013 | $48.59 | ||
| Oct 21, 2013 | $48.59 | ||
| Nov 21, 2013 | $48.59 | ||
| Dec 21, 2013 | $48.59 | ||
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