Name
Risper
Member since
April 2017
On-time repayments
16 installments • 56%
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
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.
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.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Jun 7, 2017
Repayment status
Late
Projected term
5 weeks
Other loans
Amount repaid
$7.41
Amount remaining
$0.89
Expected completion
Jul 21, 2017
Status
Repaying late
Installment amount
$0.89
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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