Buying solar and battery for eggs hatching incubator

Edward

Mosocho, Kenya

100% repaid

Entrepreneur

Name

Edward

Member since

March 2016

On-time repayments

245 installments  •  62%

About Me

I Edward Mandi was born in Kisii County some 50 years ago in a family of seven, i went to school up to standard eight and then joined craft centre where i trained as Radio and Television technician.
i was employed i saved some money which i used to open my current business in Radio and Television repair.
the land where i live is fertile even though is small is a good land for cultivation.
One wants to be electrical /electronics engineering , another want to be an agricultural extensional officer, another one wants to be a social worker.
my hobby is electronics and learning more about poultry farming.

My Business

I own Radio and Television repair workshop in Kisii County within Kisii Town.
Due to long experience in this work i have a lot of customers.
I like this type of work since my childhood, So i decide to train as a Radio and Television Technician.
I pay for the working place Kshs. 5000 per month/Kshs.1500 for electricity bill, Kshs. 3000 for traveling expenses, then i can make approximately between 50,000 and 80,000 per month.
I use my income profit to pay school fee for my children and other needs for the family, i also invest other money in growing my business, e.g i have small poultry farm.

Loan Proposal

The new loan will help me buy a solar panel and battery for my eggs hatching incubator.
The solar panel for 250 watts will cost Kes 25,000/-, and 120 Amps dry cell will cost around Kes. 48,000/- and the rest of the money will help me buy breading mother stock to start my new eggs hatching project.
This will help me reduce the price of day old chick to other farmers from Ksh, 100/- to Ksh. 80/- so they can also benefit.
The solar system will help reduce the cost of electricity, and i will not get lose by outages of electricity.

Feedback

1

None

None

  • Mary    Nov 20, 2017

    Edward repaid his loan ahead of time. I would recommend funding his future loans!

    Log in to reply • Share
    • Edward    Nov 28, 2017

      Thank you so Mary for believing in me. I will also strive hard to repay the future loan.

      Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$797.00

Date disbursed

Dec 13, 2017

Repayment status

On Time

Projected term

17 months

Lenders

John Minges

United States

Ask Edward a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$796.31

Amount remaining

$0.00

Date repaid

Feb 24, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 24, 2017 $29.56 Dec 24, 2017 $29.56
Dec 31, 2017 $29.56 Dec 31, 2017 $29.56
Jan 7, 2018 $29.56 Jan 7, 2018 $29.56
Jan 14, 2018 $29.56 Jan 20, 2018 $29.56
Jan 21, 2018 $29.56 Feb 4, 2018 $9.85
Feb 11, 2018 $9.85
Feb 18, 2018 $9.85
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $9.85 Feb 25, 2018 $9.85
Mar 4, 2018 $9.85 Mar 4, 2018 $9.85
Mar 11, 2018 $9.85 Mar 11, 2018 $9.85
Mar 18, 2018 $9.85 Mar 18, 2018 $9.85
Mar 25, 2018 $9.85 Mar 25, 2018 $9.85
Apr 1, 2018 $9.85 Apr 1, 2018 $9.85
Apr 8, 2018 $9.85 Apr 8, 2018 $9.85
Apr 15, 2018 $9.85 Apr 15, 2018 $9.85
Apr 22, 2018 $9.85 Apr 22, 2018 $9.85
Apr 29, 2018 $9.85 Apr 29, 2018 $9.85
May 6, 2018 $9.85 May 6, 2018 $9.85
May 13, 2018 $9.85 May 13, 2018 $9.85
May 20, 2018 $9.85 May 20, 2018 $9.85
May 27, 2018 $9.85 May 27, 2018 $9.85
Jun 3, 2018 $9.85 Jun 3, 2018 $9.85
Jun 10, 2018 $9.85 Jun 10, 2018 $9.85
Jun 17, 2018 $9.85 Jun 19, 2018 $9.85
Jun 24, 2018 $9.85 Jun 28, 2018 $9.85
Jul 1, 2018 $9.85 Jul 1, 2018 $9.85
Jul 8, 2018 $9.85 Jul 16, 2018 $9.85
Jul 15, 2018 $9.85 Jul 16, 2018 $9.85
Jul 22, 2018 $9.85 Jul 22, 2018 $9.85
Jul 29, 2018 $9.85 Aug 2, 2018 $9.85
Aug 5, 2018 $9.85 Aug 13, 2018 $9.85
Aug 12, 2018 $9.85 Aug 15, 2018 $9.85
Aug 19, 2018 $9.85 Aug 19, 2018 $9.85
Aug 26, 2018 $9.85 Aug 26, 2018 $9.85
Sep 2, 2018 $9.85 Sep 2, 2018 $9.85
Sep 9, 2018 $9.85 Sep 9, 2018 $9.85
Sep 16, 2018 $9.85 Sep 16, 2018 $9.85
Sep 23, 2018 $9.85 Sep 23, 2018 $9.85
Sep 30, 2018 $9.85 Oct 7, 2018 $9.85
Oct 7, 2018 $9.85 Oct 7, 2018 $9.85
Oct 14, 2018 $9.85 Oct 21, 2018 $9.85
Oct 21, 2018 $9.85 Nov 6, 2018 $9.85
Oct 28, 2018 $9.85 Nov 6, 2018 $4.93
Nov 7, 2018 $4.93
Nov 4, 2018 $9.85 Nov 7, 2018 $9.85
Nov 11, 2018 $9.85 Nov 11, 2018 $9.85
Nov 18, 2018 $9.85 Nov 18, 2018 $9.85
Nov 25, 2018 $9.85 Nov 25, 2018 $9.85
Dec 2, 2018 $9.85 Dec 2, 2018 $9.85
Dec 9, 2018 $9.85 Dec 9, 2018 $9.85
Dec 16, 2018 $9.85 Dec 15, 2018 $9.85
Dec 23, 2018 $9.85 Dec 28, 2018 $9.85
Dec 30, 2018 $9.85 Dec 31, 2018 $9.85
Jan 6, 2019 $9.85 Jan 6, 2019 $9.85
Jan 13, 2019 $9.85 Jan 15, 2019 $9.85
Jan 20, 2019 $9.85 Jan 26, 2019 $9.85
Jan 27, 2019 $9.85 Jan 29, 2019 $9.85
Feb 3, 2019 $9.85 Feb 3, 2019 $9.85
Feb 10, 2019 $9.85 Feb 10, 2019 $9.85
Feb 17, 2019 $9.85 Feb 22, 2019 $9.85
Feb 24, 2019 $9.85 Feb 22, 2019 $9.85
Mar 3, 2019 $9.85 Feb 22, 2019 $9.85
Mar 10, 2019 $9.85 Feb 22, 2019 $9.85
Mar 17, 2019 $9.85 Feb 22, 2019 $9.85
Mar 24, 2019 $9.85 Feb 22, 2019 $9.85
Mar 31, 2019 $9.85 Feb 22, 2019 $9.85
Apr 7, 2019 $9.85 Feb 22, 2019 $9.85
Apr 14, 2019 $9.85 Feb 22, 2019 $9.85
Apr 21, 2019 $9.85 Feb 22, 2019 $9.85
Apr 28, 2019 $9.85 Feb 22, 2019 $9.85
May 5, 2019 $9.85 Feb 22, 2019 $9.85
May 12, 2019 $9.85 Feb 22, 2019 $9.85
May 19, 2019 $9.85 Feb 23, 2019 $9.85
May 26, 2019 $7.97 Feb 24, 2019 $7.97

Loading...