Entrepreneur
Name
Rapela
Member since
February 2015
On-time repayments
206 installments • 69%
About Me
My name is Rapella Odippo. I am 30years old, a Kenyan Citizen, living in Kitale Town. I come from a family of six, three brothers and one sister and I am the third born. I am a university graduate from Egerton University with a degree in Manufacturing Engineering. As it might be, it is quite difficult to get a well paying job in that sector, or in any sector for that matter. I graduated in the year 2010 but to date i have only managed to get small jobs here and there, some on short contracts. I also have skills in IT and that is what landed me at my last job. It was not well paying but i managed to save some good amount for over a period of two years. At least finally i had some small amount of money start me off in my business venture. I have a passion for agriculture. This is something i have wanted to do since my childhood and that is why i decided to venture into farming. I have done both animal and crop farming before. I have kept chicken especially the layers, i have rared sheep and goats, planted kales, carrots, cabbages and some other various vegetables. That is why i decided to go back to it, as it is something i know i can dedicate my time and resources. I have a sizable piece of land where i have already constructed a chicken house and the rest i have planted vegetables and watermelons. It is this passion that i have turned into a business venture that I want to finance and push it to be the best business of its kind in the region. My dream is to develop this into a sustainable source of income for me and even to create employment for other. Furthermore, I also have a keen interest in graphic design which i have already ventured in, thanks to the last loan. This is the area in which am building now since my chicken business is stable and can stand and run on its own.
My Business
My Business
My business is called Kikai Graphics. It is a design and graphics business where we make logos, banners and other promotional materials for my clients. I diversified in this area of business because it is one of my passions. In my previous loans, I started a chicken business which has proven to be very successful and is now running on its own. All my energy is now in the growth of Kikai Graphics. The very last loan enabled me to furnish the interior and get some equipment to start me off. This however was not enough to complete the whole job, especially the interior. The business is currently doing well, within the limitations that it has. However it has a potential to shoot up and compete comfortably with its competitors in the market. This can however be achieved only with improvement in my equipment and the acquisition of some new improved ones.
Loan Proposal
With a loan of $100, I intend to purchase 100 - one day old chicks to stock my second chicken house. That is my second phase of the project. This amount I intend to repay at the agreed weekly rate with funds from the sale of eggs and chicken from my first chiken house.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 2, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Chapin, SC, United States
Orlando, Florida, United States
Inuvik, Canada
Gammalkil, Sweden
melbourne, Australia
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Summary
Amount repaid
$105.28
Amount remaining
$0.00
Date repaid
Jul 20, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 14, 2015 | $17.55 | Jun 15, 2015 | $17.55 |
| Jun 21, 2015 | $17.55 | Jun 21, 2015 | $17.55 |
| Jun 28, 2015 | $17.55 | Jun 28, 2015 | $17.55 |
| Jul 5, 2015 | $17.55 | Jul 6, 2015 | $17.55 |
| Jul 12, 2015 | $17.55 | Jul 13, 2015 | $17.55 |
| Jul 19, 2015 | $17.55 | Jul 20, 2015 | $17.55 |
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