Entrepreneur
Name
Samuel
Member since
October 2019
On-time repayments
136 installments • 55%
About Me
Am Samuel Ngigi. Currently living in Nairobi Am a banker by profession and and currently doing pig farming here in Kenya
My Business
I do pig farming .The business is small scale, with a current herd of 50pigs. The major challenge is feeds, which are a bit costly. Another challenge being the market price,with a kg retailing for KES 460 whereas farmers sell at Kes/280 per Kg
Loan Proposal
Am involved in pig farming and butchery business. With this loan, I'll use it to buy more pig feeds. I have 42pigs in stock which i slaughter on a weekly basis. A kilo of pork retails at KES 460.
Income Source
i have a stock of 42 pigs which i slaughter at least 3 on weekly basis and supply to my pork butchery. Each pig gives a return of at least 20000 depending on the total carcass weight. A kilo of pork retails at KES 460 and thus i can comfortably repay the loan.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
May 4, 2020
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Houston, United States
Summary
Amount repaid
$109.76
Amount remaining
$0.00
Date repaid
May 22, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 17, 2020 | $10.98 | May 15, 2020 | $10.98 |
| May 24, 2020 | $10.98 | May 22, 2020 | $10.98 |
| May 31, 2020 | $10.98 | May 22, 2020 | $10.98 |
| Jun 7, 2020 | $10.98 | May 22, 2020 | $10.98 |
| Jun 14, 2020 | $10.98 | May 22, 2020 | $10.98 |
| Jun 21, 2020 | $10.98 | May 22, 2020 | $10.98 |
| Jun 28, 2020 | $10.98 | May 22, 2020 | $10.98 |
| Jul 5, 2020 | $10.98 | May 22, 2020 | $10.98 |
| Jul 12, 2020 | $10.98 | May 22, 2020 | $10.98 |
| Jul 19, 2020 | $10.96 | May 22, 2020 | $10.96 |
Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.