Nyangasa
Siaya, Kenya
$0 to go
100% funded of $94 goal
0
days left
Name
Nyangasa
Member since
September 2017
On-time repayments
18 installments • 50%
I stayed with my parents in the rest of my childhood,and studied up to secondary level.I overcome the hardship through hardworking also my relatives helps me a lot.This due to availability of land this helps me to start maize farming.The unique culture is our daily food preferred by the community,we make ugali from maize flour.They want to study and be doctors.The hobby I preferred was playing football.
I want to provide community around with maize ,the majority prefer maize as their daily food and also the hotels around lacks enough maize in their store.I chose this business because of availability of land.In a good season I can produce 12 sacks which sums to1080kg while in market one kilogram goes for 1 dollar.The business is perfect but I lack enough capital to facilitate all this services.I take 70% of the profit to help my kids for their studies and other demands.
According to my plan I will buy five packets maize costing 25 dollars and a fivety kilograms of fertilizer costing 55 dollars and spendten dollars in ploughing my farm.This will create job to the community since I require some to help me in managing the farm by paying them,it will boost my target since i'll expand my maize grocery. My profit will increase by 40% according to my plan.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$94.00
Date disbursed
Jan 12, 2018
Repayment status
Late
Projected term
6 weeks
Other loans
Amount repaid
$0.00
Amount remaining
$94.33
Expected completion
Mar 1, 2018
Status
Repaying late
Installment amount
$18.72
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 25, 2018 | $18.72 | ||
Feb 1, 2018 | $18.72 | ||
Feb 8, 2018 | $18.72 | ||
Feb 15, 2018 | $18.72 | ||
Feb 22, 2018 | $18.72 | ||
Mar 1, 2018 | $0.72 |
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