Entrepreneur
Name
Mike
Member since
May 2014
On-time repayments
83 installments • 31%
About Me
I am college graduate with telecommunication engineering but I was not priviledged to get employed hence I decided to venture into farming,currently I am supplying local residents with fresh milk directly from my cows,I would like to use the funding to increase the number of cows and also to buy refrigerators,a challenged I have right now is keeping milk fresh for a long time,
I am also keeping chickens that are producing eggs
My Business
Currently I will use the proceeds from my farm produce to repay the loan,I have 50 chickens 30 of them laying eggs,I get 30 eggs in a day plus or minus 3
,this give me a total of $ 5 a day and also I have 5 cows producing 40 litres of milk a day,this gives me $ 15 consideration also that I will use the loan to expand this I am not only certain to repay your loan but also to repay it on time
Loan Proposal
Since i purchased iron sheets and timber using my last loan.I Now wished to buy cement,nails,hard core,wire mesh and labor payment from my next loan.My cows have been sleeping on an open field i would like to built them a shed from heavy rains and cold.Also my chicks have been dying of cold and they are been taken away by the eagle that's has necessitate the need for their house.
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$148.00
Date disbursed
Oct 9, 2014
Repayment status
Late
Projected term
17 months
Other loans
Lenders
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Summary
Amount repaid
$146.70
Amount remaining
$31.06
Expected completion
Mar 13, 2016
Status
Repaying late
Installment amount
$2.27
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Oct 19, 2014 | $16.78 | Oct 18, 2014 | $16.78 |
| Oct 26, 2014 | $0.26 | Oct 18, 2014 | $0.26 |
| Nov 2, 2014 | $0.00 | ||
| Nov 9, 2014 | $0.00 | ||
| Nov 16, 2014 | $0.00 | ||
| Nov 23, 2014 | $9.09 | Nov 13, 2014 | $9.09 |
| Nov 30, 2014 | $9.09 | Nov 13, 2014 | $7.95 |
| Nov 23, 2014 | $1.14 | ||
| Dec 7, 2014 | $8.98 | Nov 23, 2014 | $7.95 |
| Dec 4, 2014 | $1.02 | ||
| Dec 14, 2014 | $0.00 | ||
| Dec 21, 2014 | $0.00 | ||
| Dec 28, 2014 | $0.00 | ||
| Jan 4, 2015 | $0.00 | ||
| Jan 11, 2015 | $0.00 | ||
| Jan 18, 2015 | $0.00 | ||
| Jan 25, 2015 | $5.68 | Dec 4, 2014 | $5.68 |
| Feb 1, 2015 | $5.68 | Dec 4, 2014 | $2.27 |
| Dec 9, 2014 | $3.41 | ||
| Feb 8, 2015 | $5.68 | Dec 9, 2014 | $5.68 |
| Feb 15, 2015 | $5.68 | Feb 5, 2015 | $4.55 |
| Mar 5, 2015 | $1.14 | ||
| Feb 22, 2015 | $5.68 | Mar 5, 2015 | $5.68 |
| Mar 1, 2015 | $5.68 | Mar 5, 2015 | $2.27 |
| May 18, 2015 | $3.41 | ||
| Mar 8, 2015 | $5.68 | May 18, 2015 | $1.14 |
| Jul 3, 2015 | $4.55 | ||
| Mar 15, 2015 | $1.14 | Jul 3, 2015 | $1.14 |
| Mar 22, 2015 | $0.00 | ||
| Mar 29, 2015 | $0.00 | ||
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $0.00 | ||
| May 3, 2015 | $0.00 | ||
| May 10, 2015 | $0.00 | ||
| May 17, 2015 | $0.00 | ||
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $0.00 | ||
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $0.00 | ||
| Jun 21, 2015 | $0.00 | ||
| Jun 28, 2015 | $0.00 | ||
| Jul 5, 2015 | $2.27 | Aug 13, 2015 | $2.27 |
| Jul 12, 2015 | $2.27 | Aug 19, 2015 | $2.27 |
| Jul 19, 2015 | $2.27 | Aug 19, 2015 | $2.27 |
| Jul 26, 2015 | $2.27 | Aug 26, 2015 | $2.27 |
| Aug 2, 2015 | $2.27 | Aug 26, 2015 | $2.27 |
| Aug 9, 2015 | $2.27 | Aug 28, 2015 | $2.27 |
| Aug 16, 2015 | $2.27 | Aug 28, 2015 | $2.27 |
| Aug 23, 2015 | $2.27 | Aug 28, 2015 | $2.27 |
| Aug 30, 2015 | $2.27 | Oct 8, 2015 | $2.27 |
| Sep 6, 2015 | $2.27 | Oct 8, 2015 | $2.27 |
| Sep 13, 2015 | $2.27 | Oct 8, 2015 | $2.27 |
| Sep 20, 2015 | $2.27 | Oct 8, 2015 | $2.27 |
| Sep 27, 2015 | $2.27 | Oct 8, 2015 | $1.14 |
| Nov 30, 2015 | $1.14 | ||
| Oct 4, 2015 | $2.27 | Nov 30, 2015 | $2.27 |
| Oct 11, 2015 | $2.27 | Nov 30, 2015 | $2.27 |
| Oct 18, 2015 | $2.27 | Nov 30, 2015 | $2.27 |
| Oct 25, 2015 | $2.27 | Nov 30, 2015 | $2.27 |
| Nov 1, 2015 | $2.27 | Nov 30, 2015 | $2.27 |
| Nov 8, 2015 | $2.27 | Nov 30, 2015 | $2.27 |
| Nov 15, 2015 | $2.27 | Nov 30, 2015 | $2.27 |
| Nov 22, 2015 | $2.27 | Nov 30, 2015 | $2.27 |
| Nov 29, 2015 | $2.27 | Dec 4, 2015 | $2.27 |
| Dec 6, 2015 | $2.27 | Dec 13, 2015 | $2.27 |
| Dec 13, 2015 | $2.27 | Dec 26, 2015 | $1.14 |
| Jan 26, 2016 | $1.14 | ||
| Dec 20, 2015 | $2.27 | Jan 26, 2016 | $1.14 |
| Feb 15, 2016 | $1.14 | ||
| Dec 27, 2015 | $2.27 | Feb 15, 2016 | $1.14 |
| Feb 22, 2016 | $1.14 | ||
| Jan 3, 2016 | $2.27 | Feb 22, 2016 | $1.14 |
| Mar 8, 2016 | $1.14 | ||
| Jan 10, 2016 | $2.27 | Mar 8, 2016 | $0.23 |
| Jan 17, 2016 | $2.27 | ||
| Jan 24, 2016 | $2.27 | ||
| Jan 31, 2016 | $2.27 | ||
| Feb 7, 2016 | $2.27 | ||
| Feb 14, 2016 | $2.27 | ||
| Feb 21, 2016 | $2.27 | ||
| Feb 28, 2016 | $2.27 | ||
| Mar 6, 2016 | $2.27 | ||
| Mar 13, 2016 | $10.83 | ||
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