Entrepreneur
Name
Sospeter
Member since
June 2015
On-time repayments
66 installments • 11%
About Me
I am a young self-directed entrepreneur. I am currently raring chicken and doing a little bit of salesmanship to save for my upcoming college studies in September. I love what I do and I look forward to scaling it up to unimaginable levels.
I was born in 1992 in Kisumu, Kenya. I have grown up all my life here. I have watched my town grow and the population increase, I want to tap into this potential.
My Business
My work is very simple. I buy chicks, at about a dollar each. I then feed them everyday for the next few weeks then resell them when they are about 1.5Kg full chickens for about 4 dollars.
The work involved is quite intensive, I have to make sure that first of all I find feed to feed all of them in stages. I then have to feed them with medicines as well to ensure healthy growth. When they are fully grown I sell them for a profit.
For every chicken I buy at $1, I feed it for about $2, then resell for about $4. The profit margins are bigger when done in bulk.
Loan Proposal
Hello Zidisha lenders,
I am seeking this amount so that I could ramp up my business a little bit. I am currently facing a bit of cashflow problems, but business is generally good.
With this loan I shall be able to buy feeds for 4 weeks for 100 chickens. By the time I shall hit the 4th week, they shall be ready for sale and I shall have recovered my money and therefore qualified for a much bigger loan that would take me to the next level.
I look forward to hearing positively from you. Thank you.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 15, 2015
Repayment status
Late
Projected term
15 months
Lenders
Columbus, United States
Shanghai, China
Palmdale, United States
Stamford, United States
Summary
Amount repaid
$44.33
Amount remaining
$60.16
Expected completion
Oct 23, 2016
Status
Repaying late
Installment amount
$1.03
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 26, 2015 | $19.59 | Aug 2, 2015 | $19.59 |
| Aug 2, 2015 | $19.59 | Aug 2, 2015 | $19.59 |
| Aug 9, 2015 | $1.03 | Aug 8, 2015 | $1.03 |
| Aug 16, 2015 | $1.03 | Aug 8, 2015 | $1.03 |
| Aug 23, 2015 | $1.03 | Aug 8, 2015 | $1.03 |
| Aug 30, 2015 | $1.03 | Aug 8, 2015 | $1.03 |
| Sep 6, 2015 | $1.03 | Aug 8, 2015 | $1.03 |
| Sep 13, 2015 | $1.03 | ||
| Sep 20, 2015 | $1.03 | ||
| Sep 27, 2015 | $1.03 | ||
| Oct 4, 2015 | $1.03 | ||
| Oct 11, 2015 | $1.03 | ||
| Oct 18, 2015 | $1.03 | ||
| Oct 25, 2015 | $1.03 | ||
| Nov 1, 2015 | $1.03 | ||
| Nov 8, 2015 | $1.03 | ||
| Nov 15, 2015 | $1.03 | ||
| Nov 22, 2015 | $1.03 | ||
| Nov 29, 2015 | $1.03 | ||
| Dec 6, 2015 | $1.03 | ||
| Dec 13, 2015 | $1.03 | ||
| Dec 20, 2015 | $1.03 | ||
| Dec 27, 2015 | $1.03 | ||
| Jan 3, 2016 | $1.03 | ||
| Jan 10, 2016 | $1.03 | ||
| Jan 17, 2016 | $1.03 | ||
| Jan 24, 2016 | $1.03 | ||
| Jan 31, 2016 | $1.03 | ||
| Feb 7, 2016 | $1.03 | ||
| Feb 14, 2016 | $1.03 | ||
| Feb 21, 2016 | $1.03 | ||
| Feb 28, 2016 | $1.03 | ||
| Mar 6, 2016 | $1.03 | ||
| Mar 13, 2016 | $1.03 | ||
| Mar 20, 2016 | $1.03 | ||
| Mar 27, 2016 | $1.03 | ||
| Apr 3, 2016 | $1.03 | ||
| Apr 10, 2016 | $1.03 | ||
| Apr 17, 2016 | $1.03 | ||
| Apr 24, 2016 | $1.03 | ||
| May 1, 2016 | $1.03 | ||
| May 8, 2016 | $1.03 | ||
| May 15, 2016 | $1.03 | ||
| May 22, 2016 | $1.03 | ||
| May 29, 2016 | $1.03 | ||
| Jun 5, 2016 | $1.03 | ||
| Jun 12, 2016 | $1.03 | ||
| Jun 19, 2016 | $1.03 | ||
| Jun 26, 2016 | $1.03 | ||
| Jul 3, 2016 | $1.03 | ||
| Jul 10, 2016 | $1.03 | ||
| Jul 17, 2016 | $1.03 | ||
| Jul 24, 2016 | $1.03 | ||
| Jul 31, 2016 | $1.03 | ||
| Aug 7, 2016 | $1.03 | ||
| Aug 14, 2016 | $1.03 | ||
| Aug 21, 2016 | $1.03 | ||
| Aug 28, 2016 | $1.03 | ||
| Sep 4, 2016 | $1.03 | ||
| Sep 11, 2016 | $1.03 | ||
| Sep 18, 2016 | $1.03 | ||
| Sep 25, 2016 | $1.03 | ||
| Oct 2, 2016 | $1.03 | ||
| Oct 9, 2016 | $1.03 | ||
| Oct 16, 2016 | $1.03 | ||
| Oct 23, 2016 | $0.37 | ||
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