Entrepreneur
Name
Philip
Member since
May 2017
On-time repayments
83 installments • 55%
About Me
Am Philip Odhiambo living in Kenya.Am happy to find myself here as the right place for me to develop myself. Am hard working and I have moved from farming to shop retail business. I have been faced with financial challenges but has not made me to loose hope.I have a family of six and I struggle to keep them.
My Business
I started retail shop business and my brother supported me with 100,000 kshs. This year prices have gone up and now limits my power of purchase. I look forward for lending institutions to me get loans which will help in boosting my business.
Loan Proposal
This time I will use the loan to pay for harrowing five acres of land. This is in preparation for planting chi plant. Chia is a nutritious and a money making crop. I will pay for harrowing by tractor. One acre yield 400kg and I hope to make Profit of fo 490 dollars per acre if all goes well. Thanks.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$169.00
Date disbursed
Apr 26, 2018
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Germany
Summary
Amount repaid
$169.81
Amount remaining
$0.00
Date repaid
Jun 1, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 4, 2018 | $33.50 | May 6, 2018 | $33.50 |
| May 11, 2018 | $33.50 | May 6, 2018 | $0.99 |
| May 11, 2018 | $32.52 | ||
| May 18, 2018 | $33.50 | May 11, 2018 | $1.97 |
| May 18, 2018 | $31.53 | ||
| May 25, 2018 | $33.50 | May 18, 2018 | $2.96 |
| May 24, 2018 | $30.55 | ||
| Jun 1, 2018 | $33.50 | May 24, 2018 | $5.24 |
| Jun 1, 2018 | $28.26 | ||
| Jun 8, 2018 | $2.29 | Jun 1, 2018 | $2.29 |
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