Entrepreneur
Name
Peter
Member since
September 2013
On-time repayments
290 installments • 80%
About Me
I AM 48YEARS BORN IN GITURU,IN MURANGA COUNTY.I WENT TO SCHOOL AT NGURWEINI PRY SCH THEN BARTOLIMO BOYS IN BARINGO WHERE I DID MY O LEVEL.GOT MY FIRST JOB IN 1987 AS A SALESMAN IN NAIROBI.I AM MARRIED WITH A WIFE AND FOUR CHILDREN ,ONE BOY AND THREE GIRLS. ALL HAVE MANAGED TO REACH FORM FOUR AND TWO OF THEM WORKING IN NAIROBI.
I STARTED THE BUSINESS AFTER GAINING A SALES EXPERIENCE OF OVER 20 YEARS.I HAVE BEEN IMPORTING GENERATOR SPARES AND LATELY VENTURED INTO ELECTRICITY POLES.
I NEED THE FIRST LOAN TO FACILITATE ON FORESTRY MACHINERY AND ACCESSORIES EG.POWER SAW MACHINES,MOTORBIKES FOR SMOOTH OPERATIONS,POLES MEASURING CALIPERS,SAFETY BOOTS AND CLOTHING AND OTHER RELEVANT TOOLS.I AM CURRENTLY EMPLOYED AS A SENIOR POLES GRADER WITH A REPUTABLE FIRM IN NAIROBI.I AM ALSO A TEA FARMER IN CENTRAL PROVINCE AND THEREFORE GUARANTEE REPAYMENT IF OFFERED THE LOAN.
My Business
BEING VERY NEW IN THIS POLES BUSINESS,I MAY NOT BE ABLE TO PREDICT THE TURNOVER,BUT SINCE THE DEMAND OF POWER IS ENORMOUS IN THE COUNTRY AND THE PRODUCTS ARE AVAILABLE I DONT SEE ANY DANGER IN ENGANGING MYSELF INTO IT.THE ONLY RISK TO THIS BUSINESS IS RAIN.DURING THE RAINY SEASONS ,IT BECOMES HARD FOR THE TRUCKS TO PENETRATE TO THE FARMS.
AS DESCRIBED ABOVE,OVER AND ABOVE THE LOAN ,I AM EMPLOYED AND I ALSO EARN FROM TEA .IT MAKES ME REPAY THE LOAN EFFECTFULY.REFERENCE CAN BE SORT FROM MY EMPLOYER (RIDGEPOLE ENTERPRISES LIMITED,P.O BOX 19573-00100 NAIROBI .CONTACT PERSON MR.JOSEPH T. GICHERU PHONE NUMBER 0721493564)ACCORDING TO ME,THE BUSINESS IS VERY PROFITABLE BECAUSE IT DOES NOT INVOLVE MANY RISKS APART FROM RAINS.
Loan Proposal
I intend to buy a cow and get into dairy farming.Milk is a vry movable consumer product that fetches kes 40 per litre and therefore believe that this will improve
my lifestyle further besides good health to my family.The price of a mature cow
is 200usd.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$85.00
Date disbursed
Jan 27, 2016
Repayment status
On Time
Projected term
17 months
Other loans
Lenders
United States
Norway
Summary
Amount repaid
$89.48
Amount remaining
$0.00
Date repaid
Jan 22, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 7, 2016 | $1.00 | Feb 6, 2016 | $1.00 |
| Feb 14, 2016 | $1.00 | Feb 13, 2016 | $1.00 |
| Feb 21, 2016 | $1.00 | Feb 20, 2016 | $1.00 |
| Feb 28, 2016 | $1.00 | Feb 27, 2016 | $1.00 |
| Mar 6, 2016 | $1.00 | Mar 6, 2016 | $1.00 |
| Mar 13, 2016 | $1.00 | Mar 12, 2016 | $1.00 |
| Mar 20, 2016 | $1.00 | Mar 18, 2016 | $1.00 |
| Mar 27, 2016 | $1.00 | Mar 24, 2016 | $1.00 |
| Apr 3, 2016 | $1.00 | Apr 3, 2016 | $1.00 |
| Apr 10, 2016 | $1.00 | Apr 10, 2016 | $1.00 |
| Apr 17, 2016 | $1.00 | Apr 15, 2016 | $1.00 |
| Apr 24, 2016 | $1.00 | Apr 22, 2016 | $1.00 |
| May 1, 2016 | $1.00 | Apr 30, 2016 | $1.00 |
| May 8, 2016 | $1.00 | May 6, 2016 | $1.00 |
| May 15, 2016 | $1.00 | May 14, 2016 | $1.00 |
| May 22, 2016 | $1.00 | May 21, 2016 | $1.00 |
| May 29, 2016 | $1.00 | May 28, 2016 | $1.00 |
| Jun 5, 2016 | $1.00 | Jun 4, 2016 | $1.00 |
| Jun 12, 2016 | $1.00 | Jun 12, 2016 | $1.00 |
| Jun 19, 2016 | $1.00 | Jun 19, 2016 | $1.00 |
| Jun 26, 2016 | $1.00 | Jun 25, 2016 | $1.00 |
| Jul 3, 2016 | $1.00 | Jul 2, 2016 | $1.00 |
| Jul 10, 2016 | $1.00 | Jul 9, 2016 | $1.00 |
| Jul 17, 2016 | $1.00 | Jul 16, 2016 | $1.00 |
| Jul 24, 2016 | $1.00 | Jul 23, 2016 | $1.00 |
| Jul 31, 2016 | $1.00 | Aug 1, 2016 | $1.00 |
| Aug 7, 2016 | $1.00 | Aug 1, 2016 | $1.00 |
| Aug 14, 2016 | $1.00 | Aug 12, 2016 | $1.00 |
| Aug 21, 2016 | $1.00 | Aug 12, 2016 | $1.00 |
| Aug 28, 2016 | $1.00 | Aug 20, 2016 | $1.00 |
| Sep 4, 2016 | $1.00 | Aug 25, 2016 | $1.00 |
| Sep 11, 2016 | $1.00 | Sep 3, 2016 | $1.00 |
| Sep 18, 2016 | $1.00 | Sep 3, 2016 | $1.00 |
| Sep 25, 2016 | $1.00 | Sep 17, 2016 | $1.00 |
| Oct 2, 2016 | $1.00 | Sep 17, 2016 | $1.00 |
| Oct 9, 2016 | $1.00 | Oct 1, 2016 | $1.00 |
| Oct 16, 2016 | $1.00 | Oct 9, 2016 | $1.00 |
| Oct 23, 2016 | $1.00 | Oct 14, 2016 | $1.00 |
| Oct 30, 2016 | $1.00 | Oct 23, 2016 | $1.00 |
| Nov 6, 2016 | $1.00 | Nov 6, 2016 | $1.00 |
| Nov 13, 2016 | $1.00 | Nov 6, 2016 | $1.00 |
| Nov 20, 2016 | $1.00 | Nov 6, 2016 | $1.00 |
| Nov 27, 2016 | $1.00 | Nov 6, 2016 | $1.00 |
| Dec 4, 2016 | $1.00 | Nov 6, 2016 | $1.00 |
| Dec 11, 2016 | $1.00 | Nov 6, 2016 | $1.00 |
| Dec 18, 2016 | $1.00 | Nov 12, 2016 | $1.00 |
| Dec 25, 2016 | $1.00 | Nov 12, 2016 | $1.00 |
| Jan 1, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Jan 8, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Jan 15, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Jan 22, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Jan 29, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Feb 5, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Feb 12, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Feb 19, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Feb 26, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Mar 5, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Mar 12, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Mar 19, 2017 | $1.00 | Nov 12, 2016 | $1.00 |
| Mar 26, 2017 | $1.00 | Nov 12, 2016 | $0.50 |
| Dec 25, 2016 | $0.50 | ||
| Apr 2, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Apr 9, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Apr 16, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Apr 23, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Apr 30, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| May 7, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| May 14, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| May 21, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| May 28, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Jun 4, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Jun 11, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Jun 18, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Jun 25, 2017 | $1.00 | Dec 25, 2016 | $1.00 |
| Jul 2, 2017 | $0.50 | Dec 25, 2016 | $0.50 |
| Jul 9, 2017 | $15.98 | Jan 13, 2017 | $8.00 |
| Jan 22, 2017 | $7.98 | ||
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