Selling chicken feed

Joseph

Lusaka, Zambia

69% repaid

Entrepreneur

Name

Joseph

Member since

February 2017

On-time repayments

24 installments  •  42%

About Me

My name is Joseph Chinambu am 27years old.
I was born and raised in Lusaka in a family of 6 of which am the last born.
I completed my high school in 2007 at Gospel Outreach Christian Academy from the I obtained my bachelor of arts degree in banking and finance at Cavendish University in 2012.
I come from a background of farming we grew crops rared some livestock and poutry. It is from this background where we overcame hardship by selling our produce and it helped me achieve my goal of completing my education and acquiring my degree.
From the same background of farming I developed a passion to start up my own business in dealing with feed and chicks due to the high demand of feed around my area because many people are into the poutry business as there are no competitors in the feed supply.
Well personally I love to connect with especially business wise because it exposes me to potential clients and business partners.
Secondly I love to read, travel, watch soccer.

My Business

I supply chicken feed
I say so because it's a business that has market and high demand amongest farmers.
I have a passion for this business hence, the decision to get into it. Feed sales faster due to high demand of chickens amongest the general public.
I spent $150 on the bags each going at $15 every after 2weeks which gives me a revenue of $250 which gives me $100 after selling at $25 per bag. Other costs are used for transportation.
Currently profits made are reinvested into the business for further expansion of my business and for my well being.

Loan Proposal

To my existing business as a chicken feed supplier I would like to add on day old chicks go for 0.6cents for one chick I will purchase 9boxes of chicks at a total $90 the other $10 will cutter for my transport and other costs.
As the business expands I will be position to meet intended targets and revenues and also bringing business closer to my customers so they shouldn't travel very far to buy day old chicks hence increasing clientele base.From my projected investment the loan will help me increase my profit by at least 15% as I embark on expanding my business.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$120.00

Date disbursed

Feb 15, 2017

Repayment status

Late

Projected term

5 months

Lenders

W

WilsonLending

Atlanta, United States

A

alfredo

Bremen, Germany

H

Hilke

Bremen, Germany

investor

Candiac, Canada

K

Krokslatt

Mölndal, Sweden

cyrus0302

San Francisco, United States

COOPITALIST

Toronto, Canada

D

Debock

Dresden, Germany

J

JakeA

Wellington, New Zealand

D

Darish

Clarksville, United States

IA

Ismini and Jerry

Stamford, USA, United States

A

Austrian

Graz, Austria

Bhayl

Stavanger, Norway

OlyRhys

Olympia, United States

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

ShaneS

Port Pirie, Australia

J

Joannie333

Milwaukee, United States

Hedwich

Gorssel, Netherlands

H

Habroukema

Austin, United States

zZola

Gilford, United States

D

Dianatalk

Netherlands

C

ColoradoEmac

United States

S

spivurno

United States

N

NOWfund

Tokyo, Japan

larry

Sweden

TyWee

Manila, Philippines

SuperMario28

Cudahy, United States

UD

Ulf D

Frankfurt am Main, Germany

Dave Bogard

New York, United States

N

Niels

Berlin, Germany

MW

Matt Willis

United States

W

Wade

United States

Dean Cress

United States

SK

Stefan Kruell

Muenster, Germany

Lou Kaucic

Sanbornton, NH, United States

KD

Kent Don

United States

N

Nick

Greater London, United Kingdom

terveer

Netherlands

Y

YTSJ

London, United Kingdom

SB

Sue Bucholz

Sacramento, United States

JB

John Brown

United States

Larissa

Germany

RE

Richard Ellis

United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

JS

Jason Strauss

United States

JD

JASON DORSETT

United States

JZ

Julia Zaks

United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

E

ericb321

Republic of Korea

Lex Moen

Netherlands

Paul Buchheit

Mountain View, United States

Katja

Switzerland

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Mark Rowlatt

Peterborough, UK, United Kingdom

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Summary

Amount repaid

$83.04

Amount remaining

$36.85

Expected completion

Aug 5, 2017

Status

Repaying late

Installment amount

$5.19

Repayment History

Expected Payments Actual Payments
Feb 25, 2017 $5.19 Feb 25, 2017 $5.19
Mar 4, 2017 $5.19 Mar 4, 2017 $5.19
Mar 11, 2017 $5.19 Mar 11, 2017 $5.19
Mar 18, 2017 $5.19 Mar 18, 2017 $5.19
Mar 25, 2017 $5.19 Mar 25, 2017 $5.19
Apr 1, 2017 $5.19 Apr 8, 2017 $5.19
Apr 8, 2017 $5.19 Apr 8, 2017 $5.19
Apr 15, 2017 $5.19 May 31, 2017 $5.19
Apr 22, 2017 $5.19 May 31, 2017 $5.19
Apr 29, 2017 $5.19 May 31, 2017 $5.19
May 6, 2017 $5.19 May 31, 2017 $5.19
May 13, 2017 $5.19 May 31, 2017 $5.19
May 20, 2017 $5.19 May 31, 2017 $1.04
Jun 1, 2017 $4.15
May 27, 2017 $5.19 Jun 1, 2017 $5.19
Jun 3, 2017 $5.19 Jun 9, 2017 $5.19
Jun 10, 2017 $5.19 Jun 9, 2017 $5.19
Jun 17, 2017 $5.19
Jun 24, 2017 $5.19
Jul 1, 2017 $5.19
Jul 8, 2017 $5.19
Jul 15, 2017 $5.19
Jul 22, 2017 $5.19
Jul 29, 2017 $5.19
Aug 5, 2017 $0.52

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