Expand my farming business to large scale
Allan
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Allan
Member since
December 2014
On-time repayments
312 installments • 71%
About Me
I am Allan Obege. I am 29 years old. I live in Nairobi. Currently, I am in an unstable job but I have a farming business. Our land, Kakamega, is very fertile and productive for farm produce like maize, beans, coffee, tea, sugar cane and many other cash crops in Kenya. I am also eager to continue with my education, but raising the fees is quite a challenge that I intend to overcome with the expansion of my business.
My Business
I have a farming business where I keep chickens but it's on a small scale. I intend to raise more capital to expand my business by buying a brooder which will hatch more eggs and, in turn, assist me to get more funds to further my studies. The vaccination and disease prevention is rather expensive. The main reason I need this loan is to help me overcome such challenges and attain maximum productivity of the business.
Loan Proposal
Hi Lenders,
When i get this loan it will help me buy more Chickens, lease land to plant Maize in large scale and go to college. Currently my Chicken business of selling both chicken, eggs & manure give me a profit of usd 300 per month and that is how i earn a living. I know if i get this loan i will increase my profits to usd 500 per month and i will go for further studies and do my business in Large scale.
Thank you and God bless.
Regards,
Allan Obege
About Me
I am Allan Obege. 29 years old. I live in Nairobi. Currently in an unstable job but have a farming business. Our land Kakamega is very fertile and productive for farm produce like Maize, Beans, Coffee, Tea, Sugar cane and many other cash crop in Kenya. Am also eager to continue with my education but raising the fees is quite a challenge that intend to overcome with expansion of my business.
My Business
I have a farming business where I keep chicken but it's a small scale. I intend to raise more capital to expand my business by buying a brooder which will hatch more eggs and in turn assist me get more funds to further my studies.
The vaccination and disease prevention is rather expensive the main reason I need this loan to help me overcome such challenges and attain maximum productivity of the business.
Loan Proposal
Hi Lenders,
When i get this loan it will help me buy more Chickens, lease land to plant Maize in large scale and go to college. Currently my Chicken business of selling both chicken, eggs & manure give me a profit of usd 300 per month and that is how i earn a living. I know if i get this loan i will increase my profits to usd 500 per month and i will go for further studies and do my business in Large scale.
Thank you and God bless.
Regards,
Allan Obege
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 13, 2015
Repayment status
On Time
Projected term
4 months
Lenders
Russia
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Summary
Amount repaid
$104.07
Amount remaining
$0.00
Date repaid
Feb 15, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 25, 2015 | $5.20 | Jan 14, 2015 | $5.20 |
| Feb 1, 2015 | $5.20 | Jan 17, 2015 | $5.20 |
| Feb 8, 2015 | $5.20 | Jan 19, 2015 | $5.20 |
| Feb 15, 2015 | $5.20 | Jan 19, 2015 | $5.20 |
| Feb 22, 2015 | $5.20 | Jan 21, 2015 | $5.20 |
| Mar 1, 2015 | $5.20 | Jan 21, 2015 | $5.20 |
| Mar 8, 2015 | $5.20 | Jan 22, 2015 | $5.20 |
| Mar 15, 2015 | $5.20 | Jan 23, 2015 | $5.20 |
| Mar 22, 2015 | $5.20 | Jan 23, 2015 | $5.20 |
| Mar 29, 2015 | $5.20 | Jan 24, 2015 | $5.20 |
| Apr 5, 2015 | $5.20 | Jan 24, 2015 | $5.20 |
| Apr 12, 2015 | $5.20 | Jan 24, 2015 | $5.20 |
| Apr 19, 2015 | $5.20 | Jan 24, 2015 | $5.20 |
| Apr 26, 2015 | $5.20 | Jan 26, 2015 | $5.20 |
| May 3, 2015 | $5.20 | Jan 26, 2015 | $5.20 |
| May 10, 2015 | $5.20 | Jan 27, 2015 | $5.20 |
| May 17, 2015 | $5.20 | Feb 11, 2015 | $5.20 |
| May 24, 2015 | $5.20 | Feb 12, 2015 | $5.20 |
| May 31, 2015 | $5.20 | Feb 12, 2015 | $5.20 |
| Jun 7, 2015 | $5.22 | Feb 15, 2015 | $5.22 |
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