Chicken feeds and float for m-pesa

Faith Wangechi

Baricho, Kenya

31% repaid

Entrepreneur

Name

Faith Wangechi

Member since

June 2015

On-time repayments

241 installments  •  12%

About Me

My name is Faith Wangechi Muriithi. I am a mother of 4. All of my adult life, I have been working to make sure my children have the best in life.
Despite all the difficulties along the way, my husband and I managed to take them all through University through business and employment. Currently, we are running a small animal feeds shop in our home.

My Business

After retirement, we opened a small animal feeds shop in our home town. Baricho town is in rural Kenya, Kirinyaga County where most of the people get their daily income from farming. An animal feeds shop, therefore, came in handy for the local population.

Supa Stores Agrovet is open 12 hours during weekdays and Saturdays and during the afternoon on Sundays. We like to be available to our clients when they need us. During the duration we have been open, there have been a few challenges some of them being, clients have specific types of feeds they like to feed their livestock. Sometimes, the exact brand needed is not available immediately. We would like to curb these challenge by stocking our shop so that our clients have whatever they need at the convenient time for them.

Loan Proposal

With the proceeds from the last loan, I added M-Pesa services to my shop. M-Pesa is a mobile money transfer service from Safaricom. In addition to buying animal feeds, clients can now deposit, send or withdraw money from my shop. For my M-Pesa to be successful, I need to have cash as well as enough float to enable me to increase the number of transactions.
Currently, I make a maximum of 15 transactions per day because I do not have enough float to deposit large amounts of money for clients. I would love to increase my M-Pesa float so some clients do not feel shut out.
With a loan of 38614, I would use approximately 200 USD to increase my M-Pesa float. With the other 180 USD, I would like to buy an additional 180 kg of layers' mash at 60 USD and 180 kg of chicks' mash at 60 USD. I will then re-package this and sell to clients according to the amount they are willing and able to purchase. This would cost me approximately 120 USD. I would then use the remaining 60 USD to facilitate cash transactions for the M-Pesa services and to repaint the shop Green as required for M-Pesa shops.
I request lenders to kindly fund my loan. If granted this loan, I promise to show the same commitment in paying my loan as with the previous loans.
Thank you.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$385.00

Date disbursed

Feb 15, 2016

Repayment status

Late

Projected term

50 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$124.00

Amount remaining

$280.25

Expected completion

Apr 5, 2020

Status

Repaying late

Installment amount

$2.00

Repayment History

Expected Payments Actual Payments
Feb 28, 2016 $10.00 Feb 28, 2016 $10.00
Mar 6, 2016 $10.00 Mar 6, 2016 $10.00
Mar 13, 2016 $10.00 Jul 11, 2016 $10.00
Mar 20, 2016 $10.00 Jul 31, 2016 $10.00
Mar 27, 2016 $10.00 Sep 7, 2016 $10.00
Apr 3, 2016 $10.00 Sep 17, 2016 $10.00
Apr 10, 2016 $10.00 Sep 28, 2016 $10.00
Apr 17, 2016 $10.00 Nov 4, 2016 $10.00
Apr 24, 2016 $10.00 Nov 20, 2016 $10.00
May 1, 2016 $10.00 Nov 30, 2016 $5.00
Dec 4, 2016 $5.00
May 8, 2016 $0.00
May 15, 2016 $0.00
May 22, 2016 $0.00
May 29, 2016 $0.00
Jun 5, 2016 $0.00
Jun 12, 2016 $0.00
Jun 19, 2016 $0.00
Jun 26, 2016 $0.00
Jul 3, 2016 $0.00
Jul 10, 2016 $0.00
Jul 17, 2016 $0.00
Jul 24, 2016 $0.00
Jul 31, 2016 $0.00
Aug 7, 2016 $0.00
Aug 14, 2016 $0.00
Aug 21, 2016 $0.00
Aug 28, 2016 $0.00
Sep 4, 2016 $0.00
Sep 11, 2016 $0.00
Sep 18, 2016 $0.00
Sep 25, 2016 $0.00
Oct 2, 2016 $0.00
Oct 9, 2016 $0.00
Oct 16, 2016 $0.00
Oct 23, 2016 $0.00
Oct 30, 2016 $0.00
Nov 6, 2016 $0.00
Nov 13, 2016 $0.00
Nov 20, 2016 $0.00
Nov 27, 2016 $0.00
Dec 4, 2016 $0.00
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $0.00
Jan 8, 2017 $0.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.00
Feb 5, 2017 $0.00
Feb 12, 2017 $0.00
Feb 19, 2017 $0.00
Feb 26, 2017 $0.00
Mar 5, 2017 $0.00
Mar 12, 2017 $0.00
Mar 19, 2017 $0.00
Mar 26, 2017 $0.00
Apr 2, 2017 $0.00
Apr 9, 2017 $0.00
Apr 16, 2017 $0.00
Apr 23, 2017 $0.00
Apr 30, 2017 $0.00
May 7, 2017 $2.00 May 7, 2017 $2.00
May 14, 2017 $2.00 May 21, 2017 $2.00
May 21, 2017 $2.00 May 21, 2017 $2.00
May 28, 2017 $2.00 May 29, 2017 $2.00
Jun 4, 2017 $2.00 Jul 2, 2017 $2.00
Jun 11, 2017 $2.00 Jul 26, 2017 $2.00
Jun 18, 2017 $2.00 Aug 2, 2017 $2.00
Jun 25, 2017 $2.00 Nov 3, 2018 $2.00
Jul 2, 2017 $2.00 Nov 3, 2018 $2.00
Jul 9, 2017 $2.00 Nov 10, 2018 $2.00
Jul 16, 2017 $2.00 Jan 6, 2019 $2.00
Jul 23, 2017 $2.00 Mar 4, 2019 $2.00
Jul 30, 2017 $2.00
Aug 6, 2017 $2.00
Aug 13, 2017 $2.00
Aug 20, 2017 $2.00
Aug 27, 2017 $2.00
Sep 3, 2017 $2.00
Sep 10, 2017 $2.00
Sep 17, 2017 $2.00
Sep 24, 2017 $2.00
Oct 1, 2017 $2.00
Oct 8, 2017 $2.00
Oct 15, 2017 $2.00
Oct 22, 2017 $2.00
Oct 29, 2017 $2.00
Nov 5, 2017 $2.00
Nov 12, 2017 $2.00
Nov 19, 2017 $2.00
Nov 26, 2017 $2.00
Dec 3, 2017 $2.00
Dec 10, 2017 $2.00
Dec 17, 2017 $2.00
Dec 24, 2017 $2.00
Dec 31, 2017 $2.00
Jan 7, 2018 $2.00
Jan 14, 2018 $2.00
Jan 21, 2018 $2.00
Jan 28, 2018 $2.00
Feb 4, 2018 $2.00
Feb 11, 2018 $2.00
Feb 18, 2018 $2.00
Feb 25, 2018 $2.00
Mar 4, 2018 $2.00
Mar 11, 2018 $2.00
Mar 18, 2018 $2.00
Mar 25, 2018 $2.00
Apr 1, 2018 $2.00
Apr 8, 2018 $2.00
Apr 15, 2018 $2.00
Apr 22, 2018 $2.00
Apr 29, 2018 $2.00
May 6, 2018 $2.00
May 13, 2018 $2.00
May 20, 2018 $2.00
May 27, 2018 $2.00
Jun 3, 2018 $2.00
Jun 10, 2018 $2.00
Jun 17, 2018 $2.00
Jun 24, 2018 $2.00
Jul 1, 2018 $2.00
Jul 8, 2018 $2.00
Jul 15, 2018 $2.00
Jul 22, 2018 $2.00
Jul 29, 2018 $2.00
Aug 5, 2018 $2.00
Aug 12, 2018 $2.00
Aug 19, 2018 $2.00
Aug 26, 2018 $2.00
Sep 2, 2018 $2.00
Sep 9, 2018 $2.00
Sep 16, 2018 $2.00
Sep 23, 2018 $2.00
Sep 30, 2018 $2.00
Oct 7, 2018 $2.00
Oct 14, 2018 $2.00
Oct 21, 2018 $2.00
Oct 28, 2018 $2.00
Nov 4, 2018 $2.00
Nov 11, 2018 $2.00
Nov 18, 2018 $2.00
Nov 25, 2018 $2.00
Dec 2, 2018 $2.00
Dec 9, 2018 $2.00
Dec 16, 2018 $2.00
Dec 23, 2018 $2.00
Dec 30, 2018 $2.00
Jan 6, 2019 $2.00
Jan 13, 2019 $2.00
Jan 20, 2019 $2.00
Jan 27, 2019 $2.00
Feb 3, 2019 $2.00
Feb 10, 2019 $2.00
Feb 17, 2019 $2.00
Feb 24, 2019 $2.00
Mar 3, 2019 $2.00
Mar 10, 2019 $2.00
Mar 17, 2019 $2.00
Mar 24, 2019 $2.00
Mar 31, 2019 $2.00
Apr 7, 2019 $2.00
Apr 14, 2019 $2.00
Apr 21, 2019 $2.00
Apr 28, 2019 $2.00
May 5, 2019 $2.00
May 12, 2019 $2.00
May 19, 2019 $2.00
May 26, 2019 $2.00
Jun 2, 2019 $2.00
Jun 9, 2019 $2.00
Jun 16, 2019 $2.00
Jun 23, 2019 $2.00
Jun 30, 2019 $2.00
Jul 7, 2019 $2.00
Jul 14, 2019 $2.00
Jul 21, 2019 $2.00
Jul 28, 2019 $2.00
Aug 4, 2019 $2.00
Aug 11, 2019 $2.00
Aug 18, 2019 $2.00
Aug 25, 2019 $2.00
Sep 1, 2019 $2.00
Sep 8, 2019 $2.00
Sep 15, 2019 $2.00
Sep 22, 2019 $2.00
Sep 29, 2019 $2.00
Oct 6, 2019 $2.00
Oct 13, 2019 $2.00
Oct 20, 2019 $2.00
Oct 27, 2019 $2.00
Nov 3, 2019 $2.00
Nov 10, 2019 $2.00
Nov 17, 2019 $2.00
Nov 24, 2019 $2.00
Dec 1, 2019 $2.00
Dec 8, 2019 $2.00
Dec 15, 2019 $2.00
Dec 22, 2019 $2.00
Dec 29, 2019 $2.00
Jan 5, 2020 $2.00
Jan 12, 2020 $2.00
Jan 19, 2020 $2.00
Jan 26, 2020 $2.00
Feb 2, 2020 $2.00
Feb 9, 2020 $2.00
Feb 16, 2020 $2.00
Feb 23, 2020 $2.00
Mar 1, 2020 $2.00
Mar 8, 2020 $2.00
Mar 15, 2020 $2.00
Mar 22, 2020 $2.00
Mar 29, 2020 $2.00
Apr 5, 2020 $0.25

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