To buy turkeys and chickens for resale
Collins
Mwanda Village, Kenya
72% repaid
Entrepreneur
Name
Collins
Member since
July 2015
On-time repayments
98 installments • 37%
About Me
I was born to Thomas Barasa , who had three wives including my own mother.My father was a farmer and had several children so getting an education was hard.I managed to get an education until primary school at Tulumba primary school where i finished primary in 2008 but because of the lack of fees i couldnt continue to secondary school and started selling chicken and focusing on farming maize.I have three children and one wife who i love and who helps me out very much in my daily work.
My Business
I buy chicken from various people who sell them in order to buy food or who raise chicken and need a market to sell them.I take these chicken to various markets daily,including turkeys and sell them at a profit. Sometimes i buy each chicken for around 3$ and resell them at around 4$ each! The turkeys can make me a profit of around 6$ each as they are hard to find and those who buy them are usually hotel owners.I raise some chicken in my home and dont keep them long as there is always high demand for poultry so sometimes i can have 20 chicken in my home today then after three days i will have sold all of them off.I use the profits to educate my children and save to buy my own farm.
Loan Proposal
I will buy 8 turkeys at 5$ each and resell them at 8$ each while i will also buy 7 chicken at 3$ each and resell at 5$ each.After buying these from various owners who have approached me i will resell them at different markets through the week and use the returns to buy and sell more.I plan to use some of the profits,around 20% of the weekly profits to buy and keep some chicken in my home,this stock will increase and enable me to improve on profits.It will also enable me to put away money to build my new house which i have started but which is at waist level.I plan on employing a young man on commission,who will sell some of the turkeys and chicken on another market,increasing our chances for sales.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 27, 2015
Repayment status
Late
Projected term
23 months
Lenders
United States
United States
Summary
Amount repaid
$75.72
Amount remaining
$28.77
Expected completion
Jun 25, 2017
Status
Repaying late
Installment amount
$1.03
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 9, 2015 | $5.15 | Aug 14, 2015 | $5.15 |
| Aug 16, 2015 | $0.00 | ||
| Aug 23, 2015 | $1.03 | Aug 23, 2015 | $1.03 |
| Aug 30, 2015 | $1.03 | Aug 23, 2015 | $1.03 |
| Sep 6, 2015 | $1.03 | Aug 23, 2015 | $0.52 |
| Sep 1, 2015 | $0.52 | ||
| Sep 13, 2015 | $1.03 | Sep 1, 2015 | $1.03 |
| Sep 20, 2015 | $1.03 | Sep 1, 2015 | $0.52 |
| Sep 7, 2015 | $0.52 | ||
| Sep 27, 2015 | $1.03 | Sep 7, 2015 | $1.03 |
| Oct 4, 2015 | $1.03 | Sep 7, 2015 | $1.03 |
| Oct 11, 2015 | $1.03 | Sep 21, 2015 | $1.03 |
| Oct 18, 2015 | $1.03 | Sep 27, 2015 | $1.03 |
| Oct 25, 2015 | $1.03 | Sep 27, 2015 | $1.03 |
| Nov 1, 2015 | $1.03 | Oct 11, 2015 | $1.03 |
| Nov 8, 2015 | $1.03 | Oct 11, 2015 | $1.03 |
| Nov 15, 2015 | $1.03 | Oct 26, 2015 | $1.03 |
| Nov 22, 2015 | $1.03 | Oct 26, 2015 | $1.03 |
| Nov 29, 2015 | $1.03 | Nov 9, 2015 | $1.03 |
| Dec 6, 2015 | $1.03 | Nov 9, 2015 | $1.03 |
| Dec 13, 2015 | $1.03 | Nov 24, 2015 | $1.03 |
| Dec 20, 2015 | $1.03 | Nov 24, 2015 | $0.72 |
| Dec 9, 2015 | $0.31 | ||
| Dec 27, 2015 | $1.03 | Dec 9, 2015 | $1.03 |
| Jan 3, 2016 | $1.03 | Dec 9, 2015 | $0.72 |
| Jan 7, 2016 | $0.31 | ||
| Jan 10, 2016 | $1.03 | Jan 7, 2016 | $1.03 |
| Jan 17, 2016 | $1.03 | Jan 7, 2016 | $1.03 |
| Jan 24, 2016 | $1.03 | Jan 7, 2016 | $0.21 |
| Jan 25, 2016 | $0.82 | ||
| Jan 31, 2016 | $1.03 | Jan 25, 2016 | $0.72 |
| Feb 15, 2016 | $0.31 | ||
| Feb 7, 2016 | $1.03 | Feb 15, 2016 | $1.03 |
| Feb 14, 2016 | $1.03 | Feb 15, 2016 | $0.72 |
| Mar 8, 2016 | $0.31 | ||
| Feb 21, 2016 | $1.03 | Mar 8, 2016 | $1.03 |
| Feb 28, 2016 | $1.03 | Mar 8, 2016 | $0.72 |
| Apr 13, 2016 | $0.31 | ||
| Mar 6, 2016 | $1.03 | Apr 13, 2016 | $1.03 |
| Mar 13, 2016 | $1.03 | Apr 13, 2016 | $1.03 |
| Mar 20, 2016 | $1.03 | Apr 13, 2016 | $0.21 |
| Apr 25, 2016 | $0.82 | ||
| Mar 27, 2016 | $1.03 | Apr 25, 2016 | $1.03 |
| Apr 3, 2016 | $1.03 | Apr 25, 2016 | $0.52 |
| Jun 1, 2016 | $0.52 | ||
| Apr 10, 2016 | $1.03 | Jun 1, 2016 | $1.03 |
| Apr 17, 2016 | $1.03 | Jun 1, 2016 | $0.52 |
| Jun 22, 2016 | $0.52 | ||
| Apr 24, 2016 | $1.03 | Jun 22, 2016 | $1.03 |
| May 1, 2016 | $1.03 | Jun 22, 2016 | $0.52 |
| Jul 6, 2016 | $0.52 | ||
| May 8, 2016 | $1.03 | Jul 6, 2016 | $1.03 |
| May 15, 2016 | $1.03 | Jul 6, 2016 | $0.52 |
| Jul 12, 2016 | $0.52 | ||
| May 22, 2016 | $1.03 | Jul 12, 2016 | $1.03 |
| May 29, 2016 | $1.03 | Jul 12, 2016 | $0.52 |
| Jul 31, 2016 | $0.52 | ||
| Jun 5, 2016 | $1.03 | Jul 31, 2016 | $1.03 |
| Jun 12, 2016 | $1.03 | Jul 31, 2016 | $0.52 |
| Aug 3, 2016 | $0.52 | ||
| Jun 19, 2016 | $1.03 | Aug 3, 2016 | $1.03 |
| Jun 26, 2016 | $1.03 | Aug 3, 2016 | $0.52 |
| Aug 7, 2016 | $0.52 | ||
| Jul 3, 2016 | $1.03 | Aug 7, 2016 | $0.52 |
| Aug 13, 2016 | $0.52 | ||
| Jul 10, 2016 | $1.03 | Aug 13, 2016 | $1.03 |
| Jul 17, 2016 | $1.03 | Aug 13, 2016 | $0.52 |
| Aug 20, 2016 | $0.52 | ||
| Jul 24, 2016 | $1.03 | Aug 20, 2016 | $0.52 |
| Sep 1, 2016 | $0.52 | ||
| Jul 31, 2016 | $1.03 | Sep 1, 2016 | $1.03 |
| Aug 7, 2016 | $1.03 | Sep 1, 2016 | $0.46 |
| Sep 8, 2016 | $0.57 | ||
| Aug 14, 2016 | $1.03 | Sep 8, 2016 | $1.03 |
| Aug 21, 2016 | $1.03 | Sep 8, 2016 | $0.46 |
| Sep 12, 2016 | $0.57 | ||
| Aug 28, 2016 | $1.03 | Sep 12, 2016 | $0.46 |
| Sep 20, 2016 | $0.57 | ||
| Sep 4, 2016 | $1.03 | Sep 20, 2016 | $0.46 |
| Oct 5, 2016 | $0.57 | ||
| Sep 11, 2016 | $1.03 | Oct 5, 2016 | $0.46 |
| Oct 13, 2016 | $0.57 | ||
| Sep 18, 2016 | $1.03 | Oct 13, 2016 | $1.03 |
| Sep 25, 2016 | $1.03 | Oct 13, 2016 | $0.46 |
| Oct 24, 2016 | $0.57 | ||
| Oct 2, 2016 | $1.03 | Oct 24, 2016 | $1.03 |
| Oct 9, 2016 | $1.03 | Oct 24, 2016 | $0.46 |
| Oct 27, 2016 | $0.57 | ||
| Oct 16, 2016 | $1.03 | Oct 27, 2016 | $1.03 |
| Oct 23, 2016 | $1.03 | Oct 27, 2016 | $0.46 |
| Nov 8, 2016 | $0.57 | ||
| Oct 30, 2016 | $1.03 | Nov 8, 2016 | $1.03 |
| Nov 6, 2016 | $1.03 | Nov 8, 2016 | $0.46 |
| Nov 19, 2016 | $0.57 | ||
| Nov 13, 2016 | $1.03 | Nov 19, 2016 | $1.03 |
| Nov 20, 2016 | $1.03 | Nov 19, 2016 | $0.46 |
| Dec 3, 2016 | $0.57 | ||
| Nov 27, 2016 | $1.03 | Dec 3, 2016 | $0.46 |
| Dec 19, 2016 | $0.57 | ||
| Dec 4, 2016 | $1.03 | Dec 19, 2016 | $1.03 |
| Dec 11, 2016 | $1.03 | Dec 19, 2016 | $0.46 |
| Dec 18, 2016 | $1.03 | ||
| Dec 25, 2016 | $1.03 | ||
| Jan 1, 2017 | $1.03 | ||
| Jan 8, 2017 | $1.03 | ||
| Jan 15, 2017 | $1.03 | ||
| Jan 22, 2017 | $1.03 | ||
| Jan 29, 2017 | $1.03 | ||
| Feb 5, 2017 | $1.03 | ||
| Feb 12, 2017 | $1.03 | ||
| Feb 19, 2017 | $1.03 | ||
| Feb 26, 2017 | $1.03 | ||
| Mar 5, 2017 | $1.03 | ||
| Mar 12, 2017 | $1.03 | ||
| Mar 19, 2017 | $1.03 | ||
| Mar 26, 2017 | $1.03 | ||
| Apr 2, 2017 | $1.03 | ||
| Apr 9, 2017 | $1.03 | ||
| Apr 16, 2017 | $1.03 | ||
| Apr 23, 2017 | $1.03 | ||
| Apr 30, 2017 | $1.03 | ||
| May 7, 2017 | $1.03 | ||
| May 14, 2017 | $1.03 | ||
| May 21, 2017 | $1.03 | ||
| May 28, 2017 | $1.03 | ||
| Jun 4, 2017 | $1.03 | ||
| Jun 11, 2017 | $1.03 | ||
| Jun 18, 2017 | $1.03 | ||
| Jun 25, 2017 | $0.37 | ||
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