Name
Barnabas
Member since
December 2016
On-time repayments
21 installments • 24%
My name is Barnabas Kimotok from kenya,am 33 years old and I work for the government of Kenya as a civil servant.Besides being an employee,I also engage in livestock farming whereby I keep goats for both domestic and commercial purposes.
I normally buy 5 goats per week at a lower price and resell them at a profit.
The profit I make is used to purchase household goods.
My main source of income is a monthly salary from my employer who pays me a monthly salary of kshs 30,000.I also get additional income from sale of livestock,specifically goats.
I normally buy 5 goats per week at a lower price and resell them at a profit.
The profit I make is used to purchase household goods.
When i get the Kshs 749,i will purchase two hens at Kshs 350 each.
The remaining balance of Kshs 49 will be used to purchase 5 eggs at Kshs 10 each after adding Kshs 1 to make it Kshs 50.
Thereafter i will resell the two hens for Kshs 400 each ,yielding a profit of Ksh 100.The 5 eggs will be boiled and sold at Kshs 20 each hence getting a profit of Kshs 50.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Sep 10, 2017
Repayment status
On Time
Projected term
8 weeks
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