Name
Peter
Member since
October 2014
On-time repayments
257 installments • 23%
I am 26 year old and married man.Is grew up in Nairobi where i undertook my primary school at Thawabu Primary school.Later i moved to Thika and went to Kigumo Bendera high school for my Secondary school.I taught at Kianjau primary to be able to raise my college Tuition fee and i was able to pursue CPA,currently i am pursuing B.com at Mount Kenya university.I started a Eggs trading business at Kilifi with my one years saving at Kilifi.Later in the year 2013 i was able to move to malindi due to demand.This year in December i moved to Mtwapa where the business has run almost a month.Considering mtwapa is 24 hour economy there is quite a bigger market larger than two areas invested.I like traveling,research and playing football.
My business came up as a result of realizing scarcity in food commodity at Kilifi.After saving $55 a month in the year 2012 from my salary,i started a stall at kilifi with 100 trays of eggs.The business was challenging at fast as i was marketing it to the locals.After a month it started responding well and i hired one lady and the delivery man.From the business savings and salary i was able to open a branch at malindi in the year 2013.The year 2014 December i have a new branch at mtwapa.The cost of per tray is $3.11 and the selling price is $3.44-3.67 depending with the location.My avarage sales is $6889 a month at Kilifi and total costs are $ 6406 per month.Malindi revenue is $4133 and total cost is $3861.Looking at the avarage performance at mtwapa am looking foward at it being the best branch.My income is used to pay my school fees,my wife school fees and re-investment.
I plan to use my next loan to increase my stock by 90 trays.This will enable me reach markets like majengo and others in Mombasa.The cost per unit is $2 and sale price is $3.This will guarantee a profit 180$ per week. With this I will meet my installments with ease and expand my business. Thank you zidisha for the support, my business has really benefited and my family well being has improved
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$391.00
Date disbursed
Oct 1, 2015
Repayment status
On Time
Projected term
8 months
Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Amount repaid
$457.58
Amount remaining
$0.00
Date repaid
Apr 7, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 11, 2015 | $29.00 | Oct 11, 2015 | $29.00 |
Oct 18, 2015 | $29.00 | Oct 11, 2015 | $1.00 |
Oct 19, 2015 | $28.00 | ||
Oct 25, 2015 | $29.00 | Oct 19, 2015 | $12.00 |
Oct 19, 2015 | $17.00 | ||
Nov 1, 2015 | $29.00 | Oct 19, 2015 | $23.00 |
Oct 19, 2015 | $6.00 | ||
Nov 8, 2015 | $29.00 | Oct 19, 2015 | $29.00 |
Nov 15, 2015 | $29.00 | Oct 19, 2015 | $5.00 |
Nov 15, 2015 | $24.00 | ||
Nov 22, 2015 | $29.00 | Nov 15, 2015 | $25.00 |
Dec 9, 2015 | $4.00 | ||
Nov 29, 2015 | $29.00 | Dec 9, 2015 | $29.00 |
Dec 6, 2015 | $29.00 | Dec 9, 2015 | $16.00 |
Mar 21, 2016 | $13.00 | ||
Dec 13, 2015 | $29.00 | Mar 21, 2016 | $29.00 |
Dec 20, 2015 | $18.00 | Mar 21, 2016 | $18.00 |
Dec 27, 2015 | $0.00 | ||
Jan 3, 2016 | $17.42 | Apr 6, 2016 | $17.42 |
Jan 10, 2016 | $29.00 | Apr 6, 2016 | $29.00 |
Jan 17, 2016 | $2.58 | Apr 6, 2016 | $2.58 |
Jan 24, 2016 | $0.00 | ||
Jan 31, 2016 | $0.00 | ||
Feb 7, 2016 | $0.00 | ||
Feb 14, 2016 | $0.00 | ||
Feb 21, 2016 | $0.00 | ||
Feb 28, 2016 | $0.00 | ||
Mar 6, 2016 | $0.00 | ||
Mar 13, 2016 | $0.00 | ||
Mar 20, 2016 | $0.00 | ||
Mar 27, 2016 | $0.00 | ||
Apr 3, 2016 | $5.00 | Apr 6, 2016 | $5.00 |
Apr 10, 2016 | $5.00 | Apr 6, 2016 | $5.00 |
Apr 17, 2016 | $5.00 | Apr 6, 2016 | $1.00 |
Apr 7, 2016 | $4.00 | ||
Apr 24, 2016 | $5.00 | Apr 7, 2016 | $5.00 |
May 1, 2016 | $5.00 | Apr 7, 2016 | $5.00 |
May 8, 2016 | $5.00 | Apr 7, 2016 | $5.00 |
May 15, 2016 | $5.00 | Apr 7, 2016 | $5.00 |
May 22, 2016 | $5.00 | Apr 7, 2016 | $5.00 |
May 29, 2016 | $5.00 | Apr 7, 2016 | $5.00 |
Jun 5, 2016 | $5.00 | Apr 7, 2016 | $5.00 |
Jun 12, 2016 | $5.00 | Apr 7, 2016 | $1.58 |
Jun 19, 2016 | $45.58 |
Loading...