Name
Lazarus
Member since
December 2014
On-time repayments
340 installments • 19%
Im the last born out of 11 children to my parents. I grew up in a remote village in kitale , western kenya. my parents have never been employed and this really affected my Education since it was very difficult for them to pay fees for me and other elder sisters. This forced me to work in peoples farms in order to raise my school fees. I had to come home very first after evening classes to go and work in farms everyday and i could only raise less than 10 USD for my fees. my parents were old and could not manage to take care of them and other siblings . after I complited form four i stated a Kinyozi and worked as a barbar after i got some savings from the work
I started a Hotel that as a start up business after saving some money from my Kinyozi Business. The Hotel was doing good until When Covid 19 struck and the government closed all Hotel Businesses in the country. This really affected my Business negatively.
I then decided to Start Farming Business where I grow Maize and Beans on large scale Farm. This Business is now doing good and Supply maize to Schools and colleges.
It has doubled my profits and also created employment for youth in the community where they come, work and I pay them.
1 bale of Baking flour-16.36 dollars
1 Bale of maize flour-12.27 Dollars
1 bale of sugar-27 Dollars
I bag of Dry maize-34 Dollars
This are the main Items that will make me operate smoothly. This will be of great importance to me because it will sustain my life together with my family and also give good service to the community.My profit will increase by 30%.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 4, 2015
Repayment status
On Time
Projected term
6 weeks
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Amount repaid
$101.53
Amount remaining
$0.00
Date repaid
Feb 14, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 11, 2015 | $16.91 | Jan 11, 2015 | $16.91 |
Jan 18, 2015 | $16.91 | Jan 17, 2015 | $16.91 |
Jan 25, 2015 | $16.91 | Jan 25, 2015 | $16.91 |
Feb 1, 2015 | $16.91 | Jan 31, 2015 | $16.91 |
Feb 8, 2015 | $16.91 | Feb 7, 2015 | $16.91 |
Feb 15, 2015 | $16.98 | Feb 14, 2015 | $16.98 |
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