Entrepreneur
Name
Vincent
Member since
February 2015
On-time repayments
221 installments • 21%
About Me
I am Kiprono Vincent a graduate having completed my bachelors degree in business at Kenyatta University in Kenya.I have come across various challenges in that include being unable to afford fee payment in the university but due to the investment that my guardian funded me with i was able to establish a beauty Enterprise that as been performing greatly thus boosting my upkeep through the university studies.The culture where i reside from is faced with the challenge of ignorance and not being civilized whereby one cannot afford to continue with the education because of the myths of the society.For now i have no children but because of the enterprise that i have established though small it could be as been have to make relevance to my fellow young generations about widening of mind to be an own boss than waiting to be old for one to start a business.Kenya is a third world country and it focuses its agenda in the young generation to come up with their innovations thus earning a living.About my hobby i like playing football.
My Business
I want to start up a farming in my locality. Due to the covid 19 pandemic my business was closed up, since many clients avoided visiting the beauty shop.
I have decided to resort to start up poultry farming where I intend to add more 50 chicken more to the existing chicken in my poultry farm.
The poultry having is a profitable business thus it would help me grow to become a large scale farmer who would strive to feeding a large population and there after growing the country's economy.
Loan Proposal
I intend to increase the capacity that houses my poultry chicken . Having purchased more chicken from the previous loan, my task now is increasing the building as soon as possible so that the chicken can have an hygienic environment
The loan will also help in purchasing the feeds for a full month period.
Income Source
Poultry Farming does not face much risks as compared to other businesses.As a result i would be able to grow my income through sale of animal eggs at the same time grow income through sale of the older chickens.
I now have a reasonable number of chicken so in a day i would be able to get 500 from the sale of eggs at the se time keep others for security and to gather for risks purposes.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$62.00
Date disbursed
Sep 13, 2020
Repayment status
On Time
Projected term
4 months
Lenders
Canada
United States
Summary
Amount repaid
$62.83
Amount remaining
$0.00
Date repaid
Jan 13, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 20, 2020 | $10.48 | Sep 22, 2020 | $10.48 |
| Sep 27, 2020 | $6.04 | Sep 22, 2020 | $0.26 |
| Sep 30, 2020 | $5.78 | ||
| Oct 4, 2020 | $0.00 | ||
| Oct 11, 2020 | $0.00 | ||
| Oct 18, 2020 | $0.00 | ||
| Oct 25, 2020 | $4.60 | Oct 27, 2020 | $4.60 |
| Nov 1, 2020 | $4.60 | Nov 3, 2020 | $4.60 |
| Nov 8, 2020 | $0.00 | ||
| Nov 15, 2020 | $4.60 | Nov 19, 2020 | $4.60 |
| Nov 22, 2020 | $4.60 | Dec 3, 2020 | $1.83 |
| Dec 4, 2020 | $2.76 | ||
| Nov 29, 2020 | $1.37 | Dec 4, 2020 | $1.37 |
| Dec 6, 2020 | $4.60 | Dec 10, 2020 | $4.60 |
| Dec 13, 2020 | $4.60 | Dec 23, 2020 | $4.60 |
| Dec 20, 2020 | $0.00 | ||
| Dec 27, 2020 | $4.65 | Jan 8, 2021 | $3.67 |
| Jan 13, 2021 | $0.98 | ||
| Jan 3, 2021 | $4.65 | Jan 13, 2021 | $3.67 |
| Jan 13, 2021 | $0.98 | ||
| Jan 10, 2021 | $4.65 | Jan 13, 2021 | $3.67 |
| Jan 13, 2021 | $0.98 | ||
| Jan 17, 2021 | $3.41 | Jan 13, 2021 | $3.41 |
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