Seedlings

Risper

Kisii, Kenya

89% repaid

Entrepreneur

Name

Risper

Member since

April 2017

On-time repayments

16 installments  •  56%

About Me

I am Risper Nyamusi born the year 1993,schooled up to form 4 and due to lack of fees i could not continue with learning,i was employed at a boutique and i raised some money and i enrolled in college,diploma in Kisii polytechnic through my own savings.
I joined January this year to proceed with my diploma Food technology.The idea of business came into my mind after realizing that i could not meet my other financial responsibilities.That is when i came up to an idea of planting seedlings

My Business

Through passion fruits , i thought of how to generate income using seedling. I took sometime to collect seeds from passion fruits from the surrounding, and because i had no money to buy polythene bags for planting seedlings, i used to plant them direct which was challenging, but after selling for the first round i bought some polythene bags. The opportunity was a blessing as within a short time i had raised capital to purchase polythene bags, before being referred.

Loan Proposal

Actually i plant seedlings of passion fruits and if i receive this loan, I'm going to plant more seedlings in my farm. i will buy 400 seedlings which will cost 8 dollars. From this the profit will increase upto 68% after selling them.
And i will benefit because after selling them the profit i will make i will use it to buy polythene bags and plant another seedlings while selling others. Yet i will be able to pay my school fees and that of my siblings.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Jun 7, 2017

Repayment status

Late

Projected term

5 weeks

Lenders

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Summary

Amount repaid

$7.41

Amount remaining

$0.89

Expected completion

Jul 21, 2017

Status

Repaying late

Installment amount

$0.89

Repayment History

Expected Payments Actual Payments
Jun 16, 2017 $1.66 Jun 20, 2017 $1.66
Jun 23, 2017 $1.66 Jun 20, 2017 $1.66
Jun 30, 2017 $1.66 Jun 20, 2017 $0.14
Jun 25, 2017 $1.52
Jul 7, 2017 $1.66 Jun 25, 2017 $1.66
Jul 14, 2017 $0.77 Jun 25, 2017 $0.77
Jul 21, 2017 $0.89

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