Stephen Macharia

Kiptangwanyi, Kenya

Funds disbursed

$0 to go

100% funded of $1,200 goal

0

days left

Entrepreneur

Name

Stephen Macharia

Member since

February 2012

On-time repayments

57 installments  •  9%

About Me

I am married with two kids. I live in Kiptangwanyi shopping center which is about 42km from Nakuru town.I own a butchery in the shopping center. i live in plot number 54.

My Business

I have a butchery in the shopping center. There is very high demand for meat product here. We usually get our supplies from within but due to high demand we are now forced to get cattle and sheep that we slaughter from other far areas like Gilgil and Naivasha. The main challenges that this business face are famine and drought, disease outbreak that results in shortage of our supplies.

Loan Proposal

Dear Lenders,
I would like to use my second loan that I will get from Zidisha Organization to open a new meat outlet. This will deal in selling meat in wholesale to other butcheries within the shopping center. I would also like to buy an electronic weighing machine. This machine is capable of weighing any given quantity of meat and therefore it minimizes a lot of losses and also customers can be able to get any quantity of meat they want at any given time.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,195.17

Date disbursed

Nov 6, 2012

Repayment status

Late

Projected term

52 months

Cost to entrepreneur

Lender interest: $1,195.17 at 5.07% annual rate over 52 months = $263.08

Service fee: $180.99

Other loans

Lenders

EricDWalters

Rochester, Mn, Usa, United States

G

Gastao

Covilhã, Portugal

Zidisha

Sterling, United States

Krtecek

Balzers, Liechtenstein

Crestwood

Hamburg, Germany

russell

leicester, United Kingdom

T

tonilends

catalonia is not:, Spain

Ask Stephen a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$0.00

Amount remaining

$1,717.49

Expected completion

Mar 9, 2017

Status

Repaying late

Installment amount

$35.71

Repayment History

Expected Payments Actual Payments
Jan 9, 2013 $0.00
Feb 9, 2013 $0.00
Mar 9, 2013 $35.71
Apr 9, 2013 $35.71
May 9, 2013 $35.71
Jun 9, 2013 $35.71
Jul 9, 2013 $35.71
Aug 9, 2013 $35.71
Sep 9, 2013 $35.71
Oct 9, 2013 $35.71
Nov 9, 2013 $35.71
Dec 9, 2013 $35.71
Jan 9, 2014 $35.71
Feb 9, 2014 $35.71
Mar 9, 2014 $35.71
Apr 9, 2014 $35.71
May 9, 2014 $35.71
Jun 9, 2014 $35.71
Jul 9, 2014 $35.71
Aug 9, 2014 $35.71
Sep 9, 2014 $35.71
Oct 9, 2014 $35.71
Nov 9, 2014 $35.71
Dec 9, 2014 $35.71
Jan 9, 2015 $35.71
Feb 9, 2015 $35.71
Mar 9, 2015 $35.71
Apr 9, 2015 $35.71
May 9, 2015 $35.71
Jun 9, 2015 $35.71
Jul 9, 2015 $35.71
Aug 9, 2015 $35.71
Sep 9, 2015 $35.71
Oct 9, 2015 $35.71
Nov 9, 2015 $35.71
Dec 9, 2015 $35.71
Jan 9, 2016 $35.71
Feb 9, 2016 $35.71
Mar 9, 2016 $35.71
Apr 9, 2016 $35.71
May 9, 2016 $35.71
Jun 9, 2016 $35.71
Jul 9, 2016 $35.71
Aug 9, 2016 $35.71
Sep 9, 2016 $35.71
Oct 9, 2016 $35.71
Nov 9, 2016 $35.71
Dec 9, 2016 $35.71
Jan 9, 2017 $35.71
Feb 9, 2017 $35.71
Mar 9, 2017 $3.20

Loading...