Muendo
Nairobi, Kenya
100% repaid
Name
Muendo
Member since
March 2015
On-time repayments
52 installments • 17%
Iam kenyan young man aged 25 years,a first born in a family of 6, I attended musau imale school were I scored 404out of the possible 500 marks in kenya certificate of primary education,I proceeded to join kitondo school for my secondary education were i attained a mean grade of (A-),thereafter I joined Technical university of kenya for bachellor of science in applied statistics in which am waiting for graduation in December this year.
my business entails rearing of chicks,I started by buying 20 chicks were each of them was going for fifty kenya shillings that was was 1000 kenya shillings,after maturing i was able to sell each chick for 500 shillings accumulating 10000 in the process then I bought 100 chicks for 5000 kenya shillings,my business has continued to grow each time i sell my my products and now i have 230 chicks.The demand for my products is very high because there those people who dont take red meat and therefore are advised to take chicken or fish and therefore in an area where there is no fish chicken is the only alternative and especially in big hotels.I chose this kind of business because it was an ideal business to start with little capital I had.my costs take around 60% of my turn over while profits are about 40%.,I use my profits to pay my college and the rest to expand my business.
I will use the loan to buy more chicks for my business and also use some of the money to put up some structure to accomodate the increasing number of chicks,this will ensure that Iam able to meet the increasing demand for chicken,i also expect my profits to shoot by 10%.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Apr 8, 2015
Repayment status
On Time
Projected term
12 months
Amount repaid
$52.78
Amount remaining
$0.00
Date repaid
Nov 15, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 19, 2015 | $2.19 | May 24, 2015 | $2.19 |
Apr 26, 2015 | $2.19 | May 24, 2015 | $2.19 |
May 3, 2015 | $1.18 | May 24, 2015 | $1.18 |
May 10, 2015 | $0.00 | ||
May 17, 2015 | $0.00 | ||
May 24, 2015 | $0.00 | ||
May 31, 2015 | $1.11 | May 30, 2015 | $1.11 |
Jun 7, 2015 | $1.11 | Jun 7, 2015 | $1.11 |
Jun 14, 2015 | $1.11 | Jun 13, 2015 | $0.11 |
Jun 13, 2015 | $1.00 | ||
Jun 21, 2015 | $1.11 | Jun 21, 2015 | $0.61 |
Jun 21, 2015 | $0.50 | ||
Jun 28, 2015 | $1.11 | Jun 28, 2015 | $0.67 |
Jun 28, 2015 | $0.44 | ||
Jul 5, 2015 | $1.11 | Jul 11, 2015 | $0.67 |
Jul 11, 2015 | $0.44 | ||
Jul 12, 2015 | $1.11 | Jul 22, 2015 | $0.44 |
Jul 22, 2015 | $0.67 | ||
Jul 19, 2015 | $1.11 | Jul 24, 2015 | $0.67 |
Jul 24, 2015 | $0.44 | ||
Jul 26, 2015 | $1.11 | Aug 11, 2015 | $0.67 |
Aug 11, 2015 | $0.44 | ||
Aug 2, 2015 | $0.00 | ||
Aug 9, 2015 | $0.00 | ||
Aug 16, 2015 | $0.00 | ||
Aug 23, 2015 | $0.00 | ||
Aug 30, 2015 | $0.00 | ||
Sep 6, 2015 | $1.11 | Oct 5, 2015 | $1.11 |
Sep 13, 2015 | $1.11 | Oct 5, 2015 | $1.11 |
Sep 20, 2015 | $1.11 | Nov 2, 2015 | $1.11 |
Sep 27, 2015 | $1.11 | Nov 2, 2015 | $1.11 |
Oct 4, 2015 | $1.11 | Dec 1, 2015 | $1.11 |
Oct 11, 2015 | $1.11 | Dec 1, 2015 | $1.11 |
Oct 18, 2015 | $1.11 | Dec 1, 2015 | $1.11 |
Oct 25, 2015 | $1.11 | Dec 1, 2015 | $1.11 |
Nov 1, 2015 | $1.11 | Dec 1, 2015 | $1.11 |
Nov 8, 2015 | $1.11 | Dec 1, 2015 | $1.11 |
Nov 15, 2015 | $1.11 | Dec 1, 2015 | $1.11 |
Nov 22, 2015 | $1.11 | Dec 1, 2015 | $1.11 |
Nov 29, 2015 | $1.11 | Nov 15, 2018 | $1.11 |
Dec 6, 2015 | $1.11 | Nov 15, 2018 | $1.11 |
Dec 13, 2015 | $1.11 | Nov 15, 2018 | $1.11 |
Dec 20, 2015 | $1.11 | Nov 15, 2018 | $1.11 |
Dec 27, 2015 | $1.11 | Nov 15, 2018 | $1.11 |
Jan 3, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Jan 10, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Jan 17, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Jan 24, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Jan 31, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Feb 7, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Feb 14, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Feb 21, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Feb 28, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Mar 6, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Mar 13, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Mar 20, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Mar 27, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Apr 3, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Apr 10, 2016 | $1.11 | Nov 15, 2018 | $1.11 |
Apr 17, 2016 | $1.67 | Nov 15, 2018 | $1.67 |
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