Entrepreneur
Name
Aggrey
Member since
September 2015
On-time repayments
113 installments • 44%
About Me
I had to stop my education when I was 23 because there was a lack of finances, so I had to be away from school for 20 years. I got married and got seriously into farming. Life was not so easy because there were some barriers like communicating in the official language, English. After I realized the importance of school, I went back to school, and I will be completing my secondary education in August next year. I am looking forward to studying more. Education is the best equalizer in life.
My Business
All my activities with the loan will be very much attached to farming activities. Currently I have been doing business as a small-scale farmer, but the main aim is to commercialize my farming activities. I will use this loan to buy cattle, fatten them, and sell them for beef. People normally eat beef, they like beef, and they get their protein. All across Africa, it is more or less a staple food.
I do farming because it is an inborn business. When I was born, my father was doing farming. In short, it is the business that I understand better.
One cow is around 4,000 kwacha, and when you sell it, you might get 5,500 for it. There is also a need to spray for ticks, which costs about 500 kwacha to spray about 20 animals for three months.
I use the profits for my school and my childrens' school, for home use, and at times helping the needy. I will also invest more in agriculture.
Loan Proposal
I will use this loan to buy one cow. The minimum price for a cow I would buy is 2,500 kwacha (255.20 USD). I will use some of my own money to buy one cow. This will improve my capital. I think I can make 50% of this as profit, which is 1127 kwacha (115.05 USD) from the loan.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$249.00
Date disbursed
May 30, 2016
Repayment status
Late
Projected term
22 months
Other loans
Lenders
Canada
United States
Summary
Amount repaid
$110.31
Amount remaining
$151.13
Expected completion
Mar 30, 2018
Status
Repaying late
Installment amount
$2.76
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 10, 2016 | $2.76 | Jun 9, 2016 | $2.76 |
| Jun 17, 2016 | $2.76 | Jun 9, 2016 | $2.76 |
| Jun 24, 2016 | $2.76 | Jun 24, 2016 | $2.76 |
| Jul 1, 2016 | $2.76 | Jul 1, 2016 | $2.76 |
| Jul 8, 2016 | $2.76 | Jul 1, 2016 | $2.76 |
| Jul 15, 2016 | $2.76 | Jul 15, 2016 | $2.76 |
| Jul 22, 2016 | $2.76 | Jul 15, 2016 | $2.76 |
| Jul 29, 2016 | $2.76 | Jul 29, 2016 | $2.76 |
| Aug 5, 2016 | $2.76 | Jul 29, 2016 | $2.76 |
| Aug 12, 2016 | $2.76 | Aug 12, 2016 | $2.76 |
| Aug 19, 2016 | $2.76 | Aug 12, 2016 | $2.76 |
| Aug 26, 2016 | $2.76 | Aug 12, 2016 | $2.76 |
| Sep 2, 2016 | $2.76 | Aug 12, 2016 | $2.76 |
| Sep 9, 2016 | $2.76 | Sep 9, 2016 | $2.76 |
| Sep 16, 2016 | $2.76 | Sep 9, 2016 | $2.76 |
| Sep 23, 2016 | $2.76 | Sep 30, 2016 | $2.76 |
| Sep 30, 2016 | $2.76 | Oct 6, 2016 | $2.76 |
| Oct 7, 2016 | $2.76 | Oct 6, 2016 | $2.76 |
| Oct 14, 2016 | $2.76 | Oct 6, 2016 | $2.76 |
| Oct 21, 2016 | $2.76 | Oct 6, 2016 | $2.76 |
| Oct 28, 2016 | $2.76 | Nov 2, 2016 | $2.76 |
| Nov 4, 2016 | $2.76 | Nov 2, 2016 | $2.76 |
| Nov 11, 2016 | $2.76 | Nov 2, 2016 | $2.76 |
| Nov 18, 2016 | $2.76 | Nov 2, 2016 | $2.76 |
| Nov 25, 2016 | $2.76 | Nov 29, 2016 | $2.76 |
| Dec 2, 2016 | $2.76 | Nov 29, 2016 | $2.76 |
| Dec 9, 2016 | $2.76 | Nov 29, 2016 | $2.76 |
| Dec 16, 2016 | $2.76 | Nov 29, 2016 | $2.76 |
| Dec 23, 2016 | $2.76 | Nov 29, 2016 | $2.76 |
| Dec 30, 2016 | $2.76 | Nov 29, 2016 | $2.76 |
| Jan 6, 2017 | $2.76 | Nov 29, 2016 | $2.76 |
| Jan 13, 2017 | $2.76 | Nov 29, 2016 | $2.76 |
| Jan 20, 2017 | $2.76 | Feb 13, 2017 | $2.76 |
| Jan 27, 2017 | $2.76 | Feb 25, 2017 | $2.76 |
| Feb 3, 2017 | $2.76 | Feb 25, 2017 | $2.76 |
| Feb 10, 2017 | $2.76 | Feb 25, 2017 | $2.76 |
| Feb 17, 2017 | $2.76 | Oct 30, 2018 | $2.76 |
| Feb 24, 2017 | $2.76 | Oct 30, 2018 | $2.76 |
| Mar 3, 2017 | $2.76 | Oct 30, 2018 | $2.76 |
| Mar 10, 2017 | $2.76 | Oct 30, 2018 | $2.76 |
| Mar 17, 2017 | $2.76 | ||
| Mar 24, 2017 | $2.76 | ||
| Mar 31, 2017 | $2.76 | ||
| Apr 7, 2017 | $2.76 | ||
| Apr 14, 2017 | $2.76 | ||
| Apr 21, 2017 | $2.76 | ||
| Apr 28, 2017 | $2.76 | ||
| May 5, 2017 | $2.76 | ||
| May 12, 2017 | $2.76 | ||
| May 19, 2017 | $2.76 | ||
| May 26, 2017 | $2.76 | ||
| Jun 2, 2017 | $2.76 | ||
| Jun 9, 2017 | $2.76 | ||
| Jun 16, 2017 | $2.76 | ||
| Jun 23, 2017 | $2.76 | ||
| Jun 30, 2017 | $2.76 | ||
| Jul 7, 2017 | $2.76 | ||
| Jul 14, 2017 | $2.76 | ||
| Jul 21, 2017 | $2.76 | ||
| Jul 28, 2017 | $2.76 | ||
| Aug 4, 2017 | $2.76 | ||
| Aug 11, 2017 | $2.76 | ||
| Aug 18, 2017 | $2.76 | ||
| Aug 25, 2017 | $2.76 | ||
| Sep 1, 2017 | $2.76 | ||
| Sep 8, 2017 | $2.76 | ||
| Sep 15, 2017 | $2.76 | ||
| Sep 22, 2017 | $2.76 | ||
| Sep 29, 2017 | $2.76 | ||
| Oct 6, 2017 | $2.76 | ||
| Oct 13, 2017 | $2.76 | ||
| Oct 20, 2017 | $2.76 | ||
| Oct 27, 2017 | $2.76 | ||
| Nov 3, 2017 | $2.76 | ||
| Nov 10, 2017 | $2.76 | ||
| Nov 17, 2017 | $2.76 | ||
| Nov 24, 2017 | $2.76 | ||
| Dec 1, 2017 | $2.76 | ||
| Dec 8, 2017 | $2.76 | ||
| Dec 15, 2017 | $2.76 | ||
| Dec 22, 2017 | $2.76 | ||
| Dec 29, 2017 | $2.76 | ||
| Jan 5, 2018 | $2.76 | ||
| Jan 12, 2018 | $2.76 | ||
| Jan 19, 2018 | $2.76 | ||
| Jan 26, 2018 | $2.76 | ||
| Feb 2, 2018 | $2.76 | ||
| Feb 9, 2018 | $2.76 | ||
| Feb 16, 2018 | $2.76 | ||
| Feb 23, 2018 | $2.76 | ||
| Mar 2, 2018 | $2.76 | ||
| Mar 9, 2018 | $2.76 | ||
| Mar 16, 2018 | $2.76 | ||
| Mar 23, 2018 | $2.76 | ||
| Mar 30, 2018 | $2.21 | ||
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