Entrepreneur
Name
Fredrick
Member since
March 2019
On-time repayments
35 installments • 23%
About Me
Am Fredrick Chango,born 20 years ago.I currently reside in Malaba Kenya,I have schooled upto secondary level where I completed my form four in the year 2018 and got an averaged grade.
Since my parent have no financial abilitg to take me to college,I decide to go and reside with my cousin who does business and he is the one who introduced me to the business of cereals and also referred me to zidisha for financial support.
My Business
My lenders from my profile above i was selling cereal but things did not not work well for me,and this made me even to have a poor repayment for my last loan.
But this year (2021) i changed my business and am currently selling and distributing eggs in malaba town.
This business i began after a friend of mine whom was my classmate introduced me to a supply who now supplies me with eggs on a credit terms,but for a few months i have felt with this business I can testify to you that it is profitable.
Loan Proposal
Dear lenders the amount am going to raise here I will add to the savings I have and buy a sack of dry maize at Ksh.1600,I will later sell it at Ksh.2000 thus making a profit of Ksh.400 ,this profit I intend to reinvest back into my business.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Mar 4, 2019
Repayment status
On Time
Projected term
3 weeks
Other loans
Lenders
Summary
Amount repaid
$6.47
Amount remaining
$0.00
Date repaid
Mar 6, 2019
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 17, 2019 | $2.16 | Mar 4, 2019 | $2.16 |
| Mar 24, 2019 | $2.16 | Mar 4, 2019 | $1.78 |
| Mar 6, 2019 | $0.37 | ||
| Mar 31, 2019 | $2.16 | Mar 6, 2019 | $2.16 |
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