Joel
Njoro Town, Kenya
100% repaid
Name
Joel
Member since
June 2014
On-time repayments
200 installments • 88%
I`m Joel Kandie,yet to marry.I come from a family of 7 children.I`m horticulturalist by profession having pursued a barchelors degree course in horticulture. Currently I`m employed with Hangzhou Agrochemical Industries East Africa LTD. I want to expand my part time investment which I started by constructing a greenhouse in my area then later started an agrovet shop for selling farm inputs and agrochemicals. I like working with charitable organizations in my community. I also like reading inspirational books like ``Understanding your potential by the late Dr. Myles Munroe`` that help uplift my motivational norm. I would like to be an employer in the future and help create employment opportunities to both graduates and non graduates.
Currently part time business builder.
It is now more than two years since I started my Agrovet shop where I sell various agricultural farm Inputs and equipment and I am glad that it is running well.I have increased the quantity of the products I sell because of huge demand as more youths have ventured to farming thus embracing agribusiness.
Due to the fact that many youth have embraced farming I am seeking funding to buy a more stock to meet with high demand for farm inputs.By providing steady supply of Farm inputs to farmers, I will have created confidence with them enabling me have an advantage over my competitors.My vision is to empower many jobless youth to embrace farming hence eradicating poverty.
.I project the net profit to rise by approximately 20% after the stock increase which I will reinvest in growing the business.
Kindly support futuristic dream.
When I get this money,I`ll lease an existing greenhouse from friends and neighbors at $20 per month.I`ll also buy planting materials worth $50 and the remaining funds I`ll keep for a while to check how the business moves.If the return is promising therefore I`ll top up with the remaining amount by purchasing more planting materials.This is to help me in predicting worth output, they normally advice that you don`t put all your eggs in one basket.
Since the farm produce are those that mature within 3 months,mathematically my return will be worth sustaining.My return projection is to have a revenue averagely $230 per month and expenses of around $140 especially during establishment.
Afterwards, expenses shall reduce by half.
I look forward to humble funding from lenders and I`m confident that my business shall reap worth.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 10, 2014
Repayment status
On Time
Projected term
3 months
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Amount repaid
$156.31
Amount remaining
$0.00
Date repaid
Nov 15, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 19, 2014 | $5.53 | Jul 19, 2014 | $5.53 |
Jul 26, 2014 | $5.53 | Jul 19, 2014 | $0.28 |
Jul 26, 2014 | $5.26 | ||
Aug 2, 2014 | $5.53 | Jul 26, 2014 | $0.56 |
Aug 3, 2014 | $4.98 | ||
Aug 9, 2014 | $5.53 | Aug 3, 2014 | $0.84 |
Aug 9, 2014 | $4.70 | ||
Aug 16, 2014 | $5.53 | Aug 9, 2014 | $1.12 |
Aug 17, 2014 | $4.42 | ||
Aug 23, 2014 | $5.53 | Aug 17, 2014 | $1.40 |
Aug 23, 2014 | $4.14 | ||
Aug 30, 2014 | $5.53 | Aug 23, 2014 | $1.67 |
Sep 1, 2014 | $3.86 | ||
Sep 6, 2014 | $5.53 | Sep 1, 2014 | $1.95 |
Sep 6, 2014 | $3.58 | ||
Sep 13, 2014 | $5.53 | Sep 6, 2014 | $2.23 |
Sep 13, 2014 | $3.30 | ||
Sep 20, 2014 | $5.53 | Sep 13, 2014 | $2.51 |
Sep 21, 2014 | $3.02 | ||
Sep 27, 2014 | $5.53 | Sep 21, 2014 | $2.79 |
Sep 27, 2014 | $2.74 | ||
Oct 4, 2014 | $5.53 | Sep 27, 2014 | $3.07 |
Oct 4, 2014 | $2.47 | ||
Oct 11, 2014 | $5.53 | Oct 4, 2014 | $3.35 |
Oct 11, 2014 | $2.19 | ||
Oct 18, 2014 | $3.69 | Oct 11, 2014 | $3.63 |
Nov 1, 2014 | $0.06 | ||
Oct 25, 2014 | $34.88 | Nov 1, 2014 | $34.83 |
Nov 9, 2014 | $0.06 | ||
Nov 1, 2014 | $34.88 | Nov 9, 2014 | $34.83 |
Nov 15, 2014 | $0.06 | ||
Nov 8, 2014 | $10.91 | Nov 15, 2014 | $10.85 |
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