Name
Erastus
Member since
May 2017
On-time repayments
38 installments • 18%
My name is Erastus Muthee from Nakuru town, the forth largest town in Kenya,, located at Rift valley region,,, I was born in Nyandarua county at the slope of abedares ranges,,, At place called Marshes a very cold erea near Thampson fall. At the age of six years,, I started my Basic education in a school called kihara a government school. I studied for 8 yrs,, And graduated for tertiary level,, and due to financial constraints in our family,I was forced to join a nearby day school,, And luckly I completed after four years of study, After that I never had an opportunity to further my education and decided to look for a casual job an ambition that landed me in Nakuru town. I was able to get one as machine operator in timber saw mill, I worked there for five year and through savings I was able to purchase a small maize grinder as have already developed interest in machine operation.
My business involves buying and selling of maize and maize flour.I buy maize from farmers at lower price, and then sell it to consumers and a bit higher price,Grid some pack that flour at different size of 2kgs,5kgs,10kg and sell it to consumers. On a good day I can make 10 to 15 dollars or more depending on preference of customers. The profit I make I use it to pay power charges,, House rent,,, School fees for my 3Kids and of course to settle other r basic needs, The reminder I use it to buy more stock
I want to buy stock in form of maize, wheat $ millet and this will help me increase my supply capacity to customer.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
May 9, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Amount repaid
$5.18
Amount remaining
$0.00
Date repaid
Jun 20, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 21, 2017 | $0.99 | May 21, 2017 | $0.99 |
May 28, 2017 | $0.99 | May 28, 2017 | $0.99 |
Jun 4, 2017 | $0.99 | Jun 7, 2017 | $0.99 |
Jun 11, 2017 | $0.99 | Jun 12, 2017 | $0.99 |
Jun 18, 2017 | $0.99 | Jun 20, 2017 | $0.99 |
Jun 25, 2017 | $0.25 | Jun 20, 2017 | $0.25 |
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