Name
Richard
Member since
April 2016
On-time repayments
272 installments • 76%
I am Richard Matundura was born in Nyanza province in Kisii County .I was raised by my parents although now Iam orphan. I went through primary Education and passed to go to Secondary despite the posed challenge of school fees. My parents were peasant farmers and depended on farming and menial jobs thus denying me the chance to college or professional training instead I started working as a shamba boy to help support my parents .I managed to get money to join college through my little saving but by the time i was clearing, i had arrears so I didn't get my certificate. I had to hustle to pay my arrears and obtained my certificate. I also paid my computer studies, diploma and now doing my master degree in Kisii university
My business of selling Dry maize at my Posho mill . I had a dream of starting a posho mill but I didn’t have enough money to purchase maize. my first loan from Zidisha I used to set up a fish pod although did not pick up well due to water shortage challenges but I used the remaining money to start a maize buying and selling which picked up well enabling be to pay my loan well .i intend to get the Fourth loan to expand my maize business so as to make higher profits.i intend more maize and beans this year dry it keep in store up to a good season to selling.the demand for such products is high at my business now.I chose this type of business because iam able to manage easily and my customers are available.
my costs are posho mill repair and maintenance,salary for my workers,electricity and annual business permits .
My business profits are used mostly for savings,paying for my family needs and reinvestment for the future.
iam intending to buy more sacks of maize as we near the harvesting season from rural areas so that i can stock and sell in town where my business in located .Taking the advantage of the low prices at the area and the bulk transport i hope to fetch good profits
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$226.00
Date disbursed
Jun 16, 2018
Repayment status
On Time
Projected term
9 months
Other loans
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Amount repaid
$226.65
Amount remaining
$0.00
Date repaid
Mar 20, 2019
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 27, 2018 | $45.33 | Jun 26, 2018 | $45.33 |
Jul 4, 2018 | $4.94 | Jul 6, 2018 | $4.94 |
Jul 11, 2018 | $4.94 | Jul 11, 2018 | $4.94 |
Jul 18, 2018 | $4.94 | Jul 11, 2018 | $0.01 |
Jul 14, 2018 | $4.93 | ||
Jul 25, 2018 | $0.02 | Jul 14, 2018 | $0.02 |
Aug 1, 2018 | $4.94 | Jul 24, 2018 | $4.94 |
Aug 8, 2018 | $4.94 | Jul 24, 2018 | $0.01 |
Aug 2, 2018 | $4.93 | ||
Aug 15, 2018 | $4.94 | Aug 2, 2018 | $0.02 |
Aug 8, 2018 | $4.92 | ||
Aug 22, 2018 | $4.94 | Aug 8, 2018 | $0.01 |
Aug 14, 2018 | $4.93 | ||
Aug 29, 2018 | $4.94 | Aug 14, 2018 | $4.94 |
Sep 5, 2018 | $9.88 | Aug 14, 2018 | $0.01 |
Aug 29, 2018 | $9.87 | ||
Sep 12, 2018 | $5.91 | Sep 12, 2018 | $5.91 |
Sep 19, 2018 | $5.91 | Sep 17, 2018 | $5.91 |
Sep 26, 2018 | $5.91 | Sep 26, 2018 | $5.91 |
Oct 3, 2018 | $5.91 | Oct 1, 2018 | $5.91 |
Oct 10, 2018 | $5.91 | Oct 9, 2018 | $5.91 |
Oct 17, 2018 | $5.91 | Oct 17, 2018 | $5.91 |
Oct 24, 2018 | $5.91 | Oct 22, 2018 | $5.91 |
Oct 31, 2018 | $5.91 | Oct 30, 2018 | $5.91 |
Nov 7, 2018 | $5.91 | Nov 6, 2018 | $5.91 |
Nov 14, 2018 | $5.42 | Nov 12, 2018 | $5.42 |
Nov 21, 2018 | $5.42 | Nov 12, 2018 | $0.49 |
Nov 20, 2018 | $4.93 | ||
Nov 28, 2018 | $5.42 | Nov 20, 2018 | $0.99 |
Nov 27, 2018 | $4.43 | ||
Dec 5, 2018 | $5.42 | Nov 27, 2018 | $1.48 |
Dec 5, 2018 | $3.94 | ||
Dec 12, 2018 | $1.97 | Dec 5, 2018 | $1.97 |
Dec 19, 2018 | $4.93 | Dec 12, 2018 | $4.93 |
Dec 26, 2018 | $5.91 | Dec 21, 2018 | $5.91 |
Jan 2, 2019 | $5.91 | Jan 8, 2019 | $5.91 |
Jan 9, 2019 | $0.00 | ||
Jan 16, 2019 | $4.93 | Jan 14, 2019 | $4.93 |
Jan 23, 2019 | $4.93 | Jan 14, 2019 | $0.99 |
Jan 23, 2019 | $3.94 | ||
Jan 30, 2019 | $4.93 | Jan 30, 2019 | $4.93 |
Feb 6, 2019 | $4.93 | Feb 6, 2019 | $4.93 |
Feb 13, 2019 | $4.93 | Feb 13, 2019 | $4.93 |
Feb 20, 2019 | $2.96 | Feb 20, 2019 | $2.96 |
Feb 27, 2019 | $2.96 | Feb 27, 2019 | $2.96 |
Mar 6, 2019 | $2.96 | Mar 6, 2019 | $2.96 |
Mar 13, 2019 | $2.96 | Mar 13, 2019 | $2.96 |
Mar 20, 2019 | $1.84 | Mar 20, 2019 | $1.84 |
Angela Newton Dec 26, 2019
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