Mudete, Kenya
100% repaid
My name is Arunga Mathews a Kenyan citizen aged 27 years. I was born and raised in Vihiga county in kenya. I have a degree in business management. Am a first born in a family of 3 siblings. I've always been into business since I joined High school until now.
I run a printing business in Mudete market. I also rare poultry. I ventured into this printing business 8 months ago and it is doing well. I chose this kind of business because people in my village used to spend Ksh. 100 (1 dollar) or more as bus-fare to go to nearby town to get the service and also because it it what I used to do in college to get money for my personal expenses. I have helped reduce this cost for people around and beyond the market centre where I reside. I pay Ksh. 3500 for rental space and I have been making Ksh. 10000 monthly as profit which I expect to increase since I am still advertising the business. I have one employee who manages the poultry while I take care of the printing. I sell eggs at Ksh. 320 (3.08 dollars) crate a mature hen at 600. My poultry business makes Ksh. 5000 as profit every month and it is also doing well.
I have 20 chickens with 15 laying eggs and I expect the chicks to be 150 in two weeks time. I don't have an incubator so am going to allow ten fertilized eggs per hen to ensure that all eggs are hatch. I the I want to buy Newcastle vaccine for my poultry. This will help the 2 weeks old hatched chicks to survive and I also plan to vaccinate the bigger ones for prevention purposes.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Aug 4, 2017
Repayment status
On Time
Projected term
5 weeks
Amount repaid
$4.94
Amount remaining
$0.00
Date repaid
Sep 6, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 11, 2017 | $0.99 | Aug 10, 2017 | $0.99 |
Aug 18, 2017 | $0.99 | Aug 17, 2017 | $0.99 |
Aug 25, 2017 | $0.99 | Aug 24, 2017 | $0.99 |
Sep 1, 2017 | $0.99 | Aug 31, 2017 | $0.99 |
Sep 8, 2017 | $0.99 | Sep 6, 2017 | $0.99 |
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