More bags of maize and beans

Ruth

Nakuru, Kenya

1% repaid

Entrepreneur

Name

Ruth

Member since

August 2017

On-time repayments

114 installments  •  13%

About Me

my name is Ruth, I am the first born in a family of eight. i was born in a humbIe family and am a form four leaver and i passed with good grades but was unable to continue my studies due to financial challenges .my parent were not able to pay my school fees. I decided to do business to help my parents in providing for the family and also in educating my siblings

My Business

I do supply cereals like maize and beans to schools, institutions, and milling companies. I take my products from farmers at a lower reduced price that is at $20 per bag of maize and sell them at least at 30%profit and sometimes even more.and $ 12 for a bag of beans and sell at $20 making a profit of $8 through this I have been able to pay school fees for my siblings and help my parents in their daily needs

Loan Proposal

with the help of zidisha family I plan to use this loan to expand my business. I realize that their are more demands of my products in schools, hotels, hospitals and individuals. i will buy 5 bags of maize at $100 and sell them at $150 making a profit of $50 also i will buy two bags of beans at $20 and sell them at $40 making a profit of $20 I already have orders waiting to deliver so I know I will not let down my lenders. the profits from this business will help me in paying my siblings school fees and even growing my business

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$125.00

Date disbursed

Jan 23, 2018

Repayment status

Late

Projected term

23 months

Lenders

John Minges

United States

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Summary

Amount repaid

$0.99

Amount remaining

$124.44

Expected completion

Jan 11, 2020

Status

Repaying late

Installment amount

$24.64

Repayment History

Expected Payments Actual Payments
Feb 3, 2018 $0.00
Feb 10, 2018 $0.00
Feb 17, 2018 $0.00
Feb 24, 2018 $0.00
Mar 3, 2018 $0.00
Mar 10, 2018 $0.00
Mar 17, 2018 $0.00
Mar 24, 2018 $0.00
Mar 31, 2018 $0.00
Apr 7, 2018 $0.00
Apr 14, 2018 $0.00
Apr 21, 2018 $0.00
Apr 28, 2018 $0.00
May 5, 2018 $0.00
May 12, 2018 $0.00
May 19, 2018 $0.00
May 26, 2018 $0.00
Jun 2, 2018 $0.00
Jun 9, 2018 $0.00
Jun 16, 2018 $0.00
Jun 23, 2018 $0.00
Jun 30, 2018 $0.00
Jul 7, 2018 $0.00
Jul 14, 2018 $0.00
Jul 21, 2018 $0.00
Jul 28, 2018 $0.00
Aug 4, 2018 $0.00
Aug 11, 2018 $0.00
Aug 18, 2018 $0.00
Aug 25, 2018 $0.00
Sep 1, 2018 $0.00
Sep 8, 2018 $0.00
Sep 15, 2018 $0.00
Sep 22, 2018 $0.00
Sep 29, 2018 $0.00
Oct 6, 2018 $0.00
Oct 13, 2018 $0.00
Oct 20, 2018 $0.00
Oct 27, 2018 $0.00
Nov 3, 2018 $0.00
Nov 10, 2018 $0.00
Nov 17, 2018 $0.00
Nov 24, 2018 $0.00
Dec 1, 2018 $0.00
Dec 8, 2018 $0.00
Dec 15, 2018 $0.00
Dec 22, 2018 $0.00
Dec 29, 2018 $0.00
Jan 5, 2019 $0.00
Jan 12, 2019 $0.00
Jan 19, 2019 $0.00
Jan 26, 2019 $0.00
Feb 2, 2019 $0.00
Feb 9, 2019 $0.00
Feb 16, 2019 $0.00
Feb 23, 2019 $0.00
Mar 2, 2019 $0.00
Mar 9, 2019 $0.00
Mar 16, 2019 $0.00
Mar 23, 2019 $0.00
Mar 30, 2019 $0.00
Apr 6, 2019 $0.00
Apr 13, 2019 $0.00
Apr 20, 2019 $0.00
Apr 27, 2019 $0.00
May 4, 2019 $0.00
May 11, 2019 $0.00
May 18, 2019 $0.00
May 25, 2019 $0.00
Jun 1, 2019 $0.00
Jun 8, 2019 $0.00
Jun 15, 2019 $0.00
Jun 22, 2019 $0.00
Jun 29, 2019 $0.00
Jul 6, 2019 $0.00
Jul 13, 2019 $0.00
Jul 20, 2019 $0.00
Jul 27, 2019 $0.00
Aug 3, 2019 $0.00
Aug 10, 2019 $0.00
Aug 17, 2019 $0.00
Aug 24, 2019 $0.00
Aug 31, 2019 $0.00
Sep 7, 2019 $0.00
Sep 14, 2019 $0.00
Sep 21, 2019 $0.00
Sep 28, 2019 $0.00
Oct 5, 2019 $0.00
Oct 12, 2019 $0.00
Oct 19, 2019 $0.00
Oct 26, 2019 $0.00
Nov 2, 2019 $0.00
Nov 9, 2019 $0.00
Nov 16, 2019 $0.00
Nov 23, 2019 $0.00
Nov 30, 2019 $0.99 Nov 26, 2019 $0.99
Dec 7, 2019 $24.64
Dec 14, 2019 $24.64
Dec 21, 2019 $24.64
Dec 28, 2019 $24.64
Jan 4, 2020 $24.64
Jan 11, 2020 $1.26

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