Entrepreneur
Name
Henry
Member since
February 2016
On-time repayments
151 installments • 27%
About Me
Hi,my name is Henry.I hail from eastern side of kenya.After high school i started business.How i started?I become a middle man between the frech pea farmers and the buyers.I took money from the buyers who trusted me at first place buy the french peas from farmers at a commission which was making good money every monday and friday.Everyday i could raise £6-7 dollars in KES l.e6000-700KES.I saved for a year that when i moved to Isiolo and started business an eletronic shop together with a video show .I have been running the two since 2009 .I plough back some of the profits to the business which is gradually growing.Of late i am a student at Nairobi university studying i use the money i make from ma two businesses.Where i live people love culture of farming keeping livestock growing crops .Food is readly available in our area and recently ventured in groceries business which is thriving well in the semiarid ISIOLO area.I have a single kid who joined babyclass this year aspiring to be a great business lady in future.During ma free time i like reading inspirational books ,watch football matches or spend time with ma lovely family
My Business
I run a video show plus eletronic shop.For the case of video show it requires little operation cost with high returns .How this work i purchase movie disks at less than £1 and show it at ma cinema hall and make atleast £10-20 per night so per month i cam raise £300-600.I small economy people like going to cinema halls which charge economicall compared to other entertainment joints like bars or clubs.
For eletronic shop everday you will get buying electronics for varying reasons.Maybe discarding old and getting new ones,also change of technology can trigger new purchases therefore my stock run fast.Every month i raise £600-700 depending on good month or bad month.
I do have expenses i pay rent for my businesses premises which total£250 plus other expenses can total £300.The profit i make i plough it back to both businesses and other i pay for my college fees
Loan Proposal
I have a budget of $320
$200 for purchasing more chicks(layers) each@$2
$80 to purchase the chicks mash i.e the feeds
and the remaining $40 i will use for labour.I have 100 layers chicken where i raise 100eggs daily from this i get a net profit of$70 per month with increasing no.of chicken i will increase the profit by $70 totalling $140.
This will help me in payinv my tuition fees for college and also for my kid
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$324.00
Date disbursed
Jun 16, 2016
Repayment status
Late
Projected term
32 months
Other loans
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United States
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Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$250.31
Amount remaining
$89.90
Expected completion
Feb 9, 2019
Status
Repaying late
Installment amount
$5.05
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 25, 2016 | $10.09 | Jun 26, 2016 | $10.09 |
| Jul 2, 2016 | $10.09 | Jul 4, 2016 | $10.09 |
| Jul 9, 2016 | $10.09 | Jul 11, 2016 | $10.09 |
| Jul 16, 2016 | $10.09 | Jul 25, 2016 | $10.09 |
| Jul 23, 2016 | $10.09 | Aug 1, 2016 | $10.09 |
| Jul 30, 2016 | $10.09 | Aug 5, 2016 | $10.09 |
| Aug 6, 2016 | $10.09 | Aug 12, 2016 | $10.09 |
| Aug 13, 2016 | $10.09 | Aug 19, 2016 | $1.01 |
| Aug 19, 2016 | $9.08 | ||
| Aug 20, 2016 | $10.09 | Aug 29, 2016 | $10.09 |
| Aug 27, 2016 | $10.09 | Sep 5, 2016 | $10.09 |
| Sep 3, 2016 | $10.09 | Sep 11, 2016 | $10.09 |
| Sep 10, 2016 | $10.09 | Sep 22, 2016 | $10.09 |
| Sep 17, 2016 | $10.09 | Sep 23, 2016 | $10.09 |
| Sep 24, 2016 | $10.09 | Sep 29, 2016 | $10.09 |
| Oct 1, 2016 | $10.09 | Oct 10, 2016 | $10.09 |
| Oct 8, 2016 | $10.09 | Oct 11, 2016 | $10.09 |
| Oct 15, 2016 | $10.09 | Oct 25, 2016 | $10.09 |
| Oct 22, 2016 | $10.09 | Nov 8, 2016 | $10.09 |
| Oct 29, 2016 | $10.09 | Nov 8, 2016 | $10.09 |
| Nov 5, 2016 | $10.09 | Nov 12, 2016 | $10.09 |
| Nov 12, 2016 | $10.09 | Nov 26, 2016 | $10.09 |
| Nov 19, 2016 | $10.09 | Nov 26, 2016 | $10.09 |
| Nov 26, 2016 | $10.09 | Dec 3, 2016 | $10.09 |
| Dec 3, 2016 | $0.00 | ||
| Dec 10, 2016 | $0.00 | ||
| Dec 17, 2016 | $0.00 | ||
| Dec 24, 2016 | $0.00 | ||
| Dec 31, 2016 | $0.00 | ||
| Jan 7, 2017 | $3.03 | Jan 7, 2017 | $3.03 |
| Jan 14, 2017 | $3.03 | Jan 13, 2017 | $3.03 |
| Jan 21, 2017 | $3.03 | Jan 30, 2017 | $3.03 |
| Jan 28, 2017 | $3.03 | Feb 7, 2017 | $3.03 |
| Feb 4, 2017 | $3.03 | Feb 7, 2017 | $3.03 |
| Feb 11, 2017 | $0.00 | ||
| Feb 18, 2017 | $0.00 | ||
| Feb 25, 2017 | $0.00 | ||
| Mar 4, 2017 | $0.00 | ||
| Mar 11, 2017 | $0.00 | ||
| Mar 18, 2017 | $0.00 | ||
| Mar 25, 2017 | $0.00 | ||
| Apr 1, 2017 | $0.00 | ||
| Apr 8, 2017 | $0.00 | ||
| Apr 15, 2017 | $0.00 | ||
| Apr 22, 2017 | $0.00 | ||
| Apr 29, 2017 | $0.00 | ||
| May 6, 2017 | $0.00 | ||
| May 13, 2017 | $0.00 | ||
| May 20, 2017 | $0.00 | ||
| May 27, 2017 | $0.00 | ||
| Jun 3, 2017 | $0.00 | ||
| Jun 10, 2017 | $0.00 | ||
| Jun 17, 2017 | $1.01 | Mar 20, 2018 | $1.01 |
| Jun 24, 2017 | $0.00 | ||
| Jul 1, 2017 | $0.00 | ||
| Jul 8, 2017 | $0.00 | ||
| Jul 15, 2017 | $0.00 | ||
| Jul 22, 2017 | $0.00 | ||
| Jul 29, 2017 | $0.00 | ||
| Aug 5, 2017 | $0.00 | ||
| Aug 12, 2017 | $0.00 | ||
| Aug 19, 2017 | $0.00 | ||
| Aug 26, 2017 | $0.00 | ||
| Sep 2, 2017 | $0.00 | ||
| Sep 9, 2017 | $0.00 | ||
| Sep 16, 2017 | $0.00 | ||
| Sep 23, 2017 | $0.00 | ||
| Sep 30, 2017 | $0.00 | ||
| Oct 7, 2017 | $0.00 | ||
| Oct 14, 2017 | $0.00 | ||
| Oct 21, 2017 | $0.00 | ||
| Oct 28, 2017 | $0.00 | ||
| Nov 4, 2017 | $0.00 | ||
| Nov 11, 2017 | $0.00 | ||
| Nov 18, 2017 | $0.00 | ||
| Nov 25, 2017 | $0.00 | ||
| Dec 2, 2017 | $0.00 | ||
| Dec 9, 2017 | $0.00 | ||
| Dec 16, 2017 | $0.00 | ||
| Dec 23, 2017 | $0.00 | ||
| Dec 30, 2017 | $0.00 | ||
| Jan 6, 2018 | $0.00 | ||
| Jan 13, 2018 | $0.00 | ||
| Jan 20, 2018 | $0.00 | ||
| Jan 27, 2018 | $0.00 | ||
| Feb 3, 2018 | $0.00 | ||
| Feb 10, 2018 | $0.00 | ||
| Feb 17, 2018 | $0.00 | ||
| Feb 24, 2018 | $0.00 | ||
| Mar 3, 2018 | $0.00 | ||
| Mar 10, 2018 | $0.00 | ||
| Mar 17, 2018 | $0.00 | ||
| Mar 24, 2018 | $2.02 | Mar 22, 2018 | $2.02 |
| Mar 31, 2018 | $0.00 | ||
| Apr 7, 2018 | $0.00 | ||
| Apr 14, 2018 | $0.00 | ||
| Apr 21, 2018 | $0.00 | ||
| Apr 28, 2018 | $0.00 | ||
| May 5, 2018 | $0.00 | ||
| May 12, 2018 | $0.00 | ||
| May 19, 2018 | $0.00 | ||
| May 26, 2018 | $0.00 | ||
| Jun 2, 2018 | $0.00 | ||
| Jun 9, 2018 | $0.00 | ||
| Jun 16, 2018 | $0.00 | ||
| Jun 23, 2018 | $0.00 | ||
| Jun 30, 2018 | $0.00 | ||
| Jul 7, 2018 | $0.00 | ||
| Jul 14, 2018 | $0.00 | ||
| Jul 21, 2018 | $0.00 | ||
| Jul 28, 2018 | $0.00 | ||
| Aug 4, 2018 | $0.00 | ||
| Aug 11, 2018 | $0.00 | ||
| Aug 18, 2018 | $0.00 | ||
| Aug 25, 2018 | $0.00 | ||
| Sep 1, 2018 | $0.00 | ||
| Sep 8, 2018 | $0.00 | ||
| Sep 15, 2018 | $0.00 | ||
| Sep 22, 2018 | $0.00 | ||
| Sep 29, 2018 | $0.00 | ||
| Oct 6, 2018 | $0.00 | ||
| Oct 13, 2018 | $5.05 | ||
| Oct 20, 2018 | $5.05 | ||
| Oct 27, 2018 | $5.05 | ||
| Nov 3, 2018 | $5.05 | ||
| Nov 10, 2018 | $5.05 | ||
| Nov 17, 2018 | $5.05 | ||
| Nov 24, 2018 | $5.05 | ||
| Dec 1, 2018 | $5.05 | ||
| Dec 8, 2018 | $5.05 | ||
| Dec 15, 2018 | $5.05 | ||
| Dec 22, 2018 | $5.05 | ||
| Dec 29, 2018 | $5.05 | ||
| Jan 5, 2019 | $5.05 | ||
| Jan 12, 2019 | $5.05 | ||
| Jan 19, 2019 | $5.05 | ||
| Jan 26, 2019 | $5.05 | ||
| Feb 2, 2019 | $5.05 | ||
| Feb 9, 2019 | $4.11 | ||
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