Entrepreneur
Name
Peter
Member since
March 2015
On-time repayments
266 installments • 20%
About Me
Hello Lender,
It is long-time seek a loan due to business being affected by flood but I thank God am back in my foot and repaid my loan.
Currently I keep poultry and I have a stock of 200 hen donated by self help group. The chickens are laying eggs that has facilitate payment of my loan. I intend to add more because I have master the art of business.
My Business
I rear chicken as agribusiness and I have reared 200 birds. I want to increase my stock to 400 to generate an income of $20 per after deduction of expenses.
Loan Proposal
I want to take this opportunity to thank all lenders for investing in my business which is expanding day and day because of you lenders and God favor
I am borrowing a loan of $170 to add to my saving and buy 150 more indigenous laying hens which increase my stock from 150 to 300 hens.
My business target is to own 1000 hens which will enable me supply quality eggs and meat in hotels, hospitals and school large quantity.
I am expecting a profit increment of $ 300 per month which I will obtain from selling eggs and chicks. This profit will enable me pay the loan on time and invest back to the business. My target is generate a profit margin of $600 per month which I will invest back to Zidisha and help my community to develop.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$170.00
Date disbursed
Jul 1, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Southampton, United Kingdom
Redmond, United States
Stockholm, Sweden
St-Lucien, Canada
Berlin, Germany
Hartford, Wisconsin, United States
Summary
Amount repaid
$177.65
Amount remaining
$0.00
Date repaid
Sep 10, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 12, 2015 | $12.66 | Jul 12, 2015 | $12.66 |
| Jul 19, 2015 | $2.06 | Jul 18, 2015 | $2.06 |
| Jul 26, 2015 | $2.06 | Jul 18, 2015 | $2.06 |
| Aug 2, 2015 | $2.06 | Jul 18, 2015 | $2.06 |
| Aug 9, 2015 | $2.06 | Jul 18, 2015 | $2.06 |
| Aug 16, 2015 | $2.06 | Jul 18, 2015 | $2.06 |
| Aug 23, 2015 | $2.06 | Jul 18, 2015 | $0.04 |
| Jul 18, 2015 | $2.02 | ||
| Aug 30, 2015 | $2.06 | Jul 18, 2015 | $2.06 |
| Sep 6, 2015 | $1.30 | Jul 18, 2015 | $1.30 |
| Sep 13, 2015 | $20.62 | Sep 4, 2015 | $20.62 |
| Sep 20, 2015 | $20.62 | Sep 4, 2015 | $20.62 |
| Sep 27, 2015 | $20.62 | Sep 4, 2015 | $20.62 |
| Oct 4, 2015 | $10.31 | Sep 4, 2015 | $10.31 |
| Oct 11, 2015 | $77.09 | Sep 7, 2015 | $4.93 |
| Sep 10, 2015 | $72.16 | ||
Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.