Name
Francis
Member since
July 2017
On-time repayments
67 installments • 21%
my schooling took place in Limuru town in the following school, Uplands Primary school, Ngenia secondary school. I was being supported by my uncle in school and at times it was hard for him to pay my school fees because he honestly lacked the capabilities. He was taking care of me because i lost my father who was the only parent i knew.
My grandfathers land was being subdivided among the sons and i benefited from the same because i took what was meant to be my fathers. With the land now and struggling wit education, in decided to leave school at four three level and decided to invest the little capital that i had into dairy farming. That is how my business resulted.
I don't regret to these date the idea of living school,because it has surely turned my around my life. i own two dairy cows that i use for milk production and sale. I sale the milk that i get from the cows to the cooperative Sacco each morning and to the locals around.
These commodity's very important because it is used on daily basis for break fast as well as survival. I chose these business because i knew with dairy animals one can be assured of making a living and for sure i am better that i was some years back.
I make a lot of savings with the income that i get from these business as i intend to buy another cow that can help me in milk production so as to increase my income. I wish to buy another dairy cow that goes for 200 us dollars in the market. These will help me so much in my business since i will increase my income from 60 us dollars a day to 90 us dollars
as explained, i will buy another dairy cow that cost 200 us dollars. These cow will be used for milk production. The loan and some savings that i have been making will aide me with these purchase. I expect to accrue a lot of benefits from these cow because it will help me increase my milk production and in turn increase my income. I expect a 30 us dollars income rise
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$75.00
Date disbursed
Jul 13, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Amount repaid
$75.07
Amount remaining
$0.00
Date repaid
Aug 30, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 20, 2017 | $14.82 | Jul 25, 2017 | $14.82 |
Jul 27, 2017 | $14.82 | Aug 3, 2017 | $14.82 |
Aug 3, 2017 | $14.82 | Aug 15, 2017 | $14.82 |
Aug 10, 2017 | $0.00 | ||
Aug 17, 2017 | $9.88 | Aug 18, 2017 | $9.88 |
Aug 24, 2017 | $9.88 | Aug 30, 2017 | $9.88 |
Aug 31, 2017 | $9.88 | Aug 30, 2017 | $9.88 |
Sep 7, 2017 | $0.99 | Aug 30, 2017 | $0.99 |
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