Name
David
Member since
March 2014
On-time repayments
282 installments • 8%
I am David Ogero a Thika Businessman, a devout Christian and a family man; I have been in business for the last 9 years. I have previously dealt with the sales of phone voucher cards and farming.
Currently, I am dealing in Cereals business both wholesale and Retail. I have customers that range from individuals, hotels, and schools. I have a passion for business and would like to set up a cereal distributorship outlet in Thika town. I treat my customers with the respect and high level of honesty to ensure customers retention and satisfaction at all times.
Besides, I like helping the needy and those who are still inexperienced in business to succeed.
Having been in the cereals business for quite sometime, I am certain of making good profit from the proceeds with additional loan. Currently my monthly net profit have improved from 30,000/=($348.8) to 36,000($418.6) with additional capital that I sourced from Zidisha, I will be able to stock variety of cereals and do value addition for the products sourced from farmers. I am foreseeing my Sales turnover increasing with your partnership and I will be able to make an average profit of 50,000/= in the next 6 months, thus, approximately 60% increase. I will be able to employ more youths to help me do the sorting, packaging and distribution to my clients. I have only one employee now, but with additional capital, I am foreseeing employing two more youths.
Most of the Customers prefer my services since I do the sorting and distribution of the cereals to their establishments, which my competitors do not offer; this has lead to expansion of my target market, which I am not able to service due to limited capital. In addition, my customers pay in cash, making it easier to always have stock to supply to them.
I intend to purchase to do a value addition on the products sourced from the farmers. This will benefit farmers, my business and the retailers and consumers. I intend to produce combined enriched flour suitable for baby porridge, lactating mothers and growing kids. I have done my research and realized that most of the branded products are expensive and beyond the reach of most of the families as they are costly.
I will purchase 5 bags (a bag is 90kg at costs Kshs.2,250) of Maize at Kshs.11,250($130.8)
White Sorghum 2 bags (a bag is 90kg at costs Kshs.3,300) at 6,600($76) Bulrush Millet 90 Kg at Ksh.3,600(($41.8)) Groundnuts 90 Kg at Ksh8,800($102.3)I bag of Omena()100kg of Small Fish) at 4,500($52.3) Soya 50 Kg at 2,400($27.9) Milling, Packaging and Distribution costs 3,630($42.2)
This mixture will produce a total of 960 Kg that will be distributed with one week, have a three day break to process subsequent batch. Consequently, three times supply within a month. This will earn a revenue of 67,200($781.39) as each package of 1 kg will be sold at Ksh. 70($0.8) earning a gross profit of Ksh 25,550($297.09) and net profit of Ksh.22, 450($261), after paying the installment of Zidisha loan of Ksh.2, 900($33.72) I will still be left with a comfortable amount of 19,550($227.3) to plow back to the business. This translates to a total of Ksh 58,650($681.9). I will be able to pay the loan comfortable and earn good money.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$446.00
Date disbursed
Sep 18, 2014
Repayment status
Late
Projected term
64 months
Other loans
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Amount repaid
$126.07
Amount remaining
$541.89
Expected completion
Jan 18, 2020
Status
Repaying late
Installment amount
$1.15
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 27, 2014 | $24.71 | Oct 3, 2014 | $24.71 |
Oct 4, 2014 | $0.00 | ||
Oct 11, 2014 | $11.49 | Oct 11, 2014 | $11.49 |
Oct 18, 2014 | $0.00 | ||
Oct 25, 2014 | $0.00 | ||
Nov 1, 2014 | $0.00 | ||
Nov 8, 2014 | $0.00 | ||
Nov 15, 2014 | $0.00 | ||
Nov 22, 2014 | $0.00 | ||
Nov 29, 2014 | $0.00 | ||
Dec 6, 2014 | $5.75 | Dec 8, 2014 | $5.75 |
Dec 13, 2014 | $5.75 | Dec 17, 2014 | $5.75 |
Dec 20, 2014 | $0.00 | ||
Dec 27, 2014 | $0.00 | ||
Jan 3, 2015 | $0.00 | ||
Jan 10, 2015 | $0.00 | ||
Jan 17, 2015 | $0.00 | ||
Jan 24, 2015 | $0.00 | ||
Jan 31, 2015 | $1.15 | Feb 1, 2015 | $1.15 |
Feb 7, 2015 | $1.15 | Feb 11, 2015 | $1.15 |
Feb 14, 2015 | $1.15 | Feb 11, 2015 | $1.15 |
Feb 21, 2015 | $1.15 | Mar 23, 2015 | $1.15 |
Feb 28, 2015 | $1.15 | Mar 23, 2015 | $1.15 |
Mar 7, 2015 | $1.15 | Mar 23, 2015 | $0.34 |
Mar 31, 2015 | $0.80 | ||
Mar 14, 2015 | $1.15 | Mar 31, 2015 | $0.57 |
Apr 13, 2015 | $0.57 | ||
Mar 21, 2015 | $1.15 | Apr 13, 2015 | $0.57 |
Apr 28, 2015 | $0.57 | ||
Mar 28, 2015 | $1.15 | Apr 28, 2015 | $1.15 |
Apr 4, 2015 | $1.15 | Apr 28, 2015 | $0.29 |
May 12, 2015 | $0.86 | ||
Apr 11, 2015 | $1.15 | May 12, 2015 | $1.15 |
Apr 18, 2015 | $1.15 | May 12, 2015 | $0.29 |
May 19, 2015 | $0.86 | ||
Apr 25, 2015 | $1.15 | May 19, 2015 | $0.29 |
Jun 1, 2015 | $0.86 | ||
May 2, 2015 | $1.15 | Jun 1, 2015 | $1.15 |
May 9, 2015 | $1.15 | Jun 1, 2015 | $0.29 |
Jun 15, 2015 | $0.86 | ||
May 16, 2015 | $1.15 | Jun 15, 2015 | $1.15 |
May 23, 2015 | $1.15 | Jun 15, 2015 | $0.29 |
Jun 30, 2015 | $0.86 | ||
May 30, 2015 | $1.15 | Jun 30, 2015 | $0.57 |
Jul 6, 2015 | $0.57 | ||
Jun 6, 2015 | $1.15 | Jul 6, 2015 | $0.52 |
Jul 13, 2015 | $0.63 | ||
Jun 13, 2015 | $1.15 | Jul 13, 2015 | $0.52 |
Jul 21, 2015 | $0.63 | ||
Jun 20, 2015 | $1.15 | Jul 21, 2015 | $0.46 |
Jul 27, 2015 | $0.69 | ||
Jun 27, 2015 | $1.15 | Jul 27, 2015 | $0.55 |
Aug 3, 2015 | $0.60 | ||
Jul 4, 2015 | $1.15 | Aug 3, 2015 | $0.55 |
Aug 11, 2015 | $0.60 | ||
Jul 11, 2015 | $1.15 | Aug 11, 2015 | $0.49 |
Aug 17, 2015 | $0.66 | ||
Jul 18, 2015 | $1.15 | Aug 17, 2015 | $0.44 |
Aug 24, 2015 | $0.71 | ||
Jul 25, 2015 | $1.15 | Aug 24, 2015 | $0.44 |
Aug 31, 2015 | $0.71 | ||
Aug 1, 2015 | $1.15 | Aug 31, 2015 | $0.44 |
Sep 15, 2015 | $0.71 | ||
Aug 8, 2015 | $1.15 | Sep 15, 2015 | $1.01 |
Sep 21, 2015 | $0.14 | ||
Aug 15, 2015 | $1.15 | Sep 21, 2015 | $1.01 |
Sep 28, 2015 | $0.14 | ||
Aug 22, 2015 | $1.15 | Sep 28, 2015 | $1.15 |
Aug 29, 2015 | $1.15 | Sep 28, 2015 | $1.01 |
Oct 5, 2015 | $0.14 | ||
Sep 5, 2015 | $1.15 | Oct 5, 2015 | $1.01 |
Oct 12, 2015 | $0.14 | ||
Sep 12, 2015 | $1.15 | Oct 12, 2015 | $1.01 |
Oct 21, 2015 | $0.14 | ||
Sep 19, 2015 | $1.15 | Oct 21, 2015 | $1.01 |
Oct 26, 2015 | $0.14 | ||
Sep 26, 2015 | $1.15 | Oct 26, 2015 | $1.15 |
Oct 3, 2015 | $1.15 | Oct 26, 2015 | $1.01 |
Nov 9, 2015 | $0.14 | ||
Oct 10, 2015 | $1.15 | Nov 9, 2015 | $1.01 |
Nov 16, 2015 | $0.14 | ||
Oct 17, 2015 | $1.15 | Nov 16, 2015 | $1.01 |
Nov 30, 2015 | $0.14 | ||
Oct 24, 2015 | $1.15 | Nov 30, 2015 | $1.15 |
Oct 31, 2015 | $1.15 | Nov 30, 2015 | $1.15 |
Nov 7, 2015 | $1.15 | Nov 30, 2015 | $1.01 |
Dec 14, 2015 | $0.14 | ||
Nov 14, 2015 | $1.15 | Dec 14, 2015 | $1.15 |
Nov 21, 2015 | $1.15 | Dec 14, 2015 | $1.01 |
Dec 21, 2015 | $0.14 | ||
Nov 28, 2015 | $1.15 | Dec 21, 2015 | $1.15 |
Dec 5, 2015 | $1.15 | Dec 21, 2015 | $0.78 |
Dec 27, 2015 | $0.37 | ||
Dec 12, 2015 | $1.15 | Dec 27, 2015 | $1.15 |
Dec 19, 2015 | $1.15 | Dec 27, 2015 | $0.21 |
Dec 28, 2015 | $0.94 | ||
Dec 26, 2015 | $1.15 | Dec 28, 2015 | $0.21 |
Jan 11, 2016 | $0.94 | ||
Jan 2, 2016 | $1.15 | Jan 11, 2016 | $0.21 |
Jan 13, 2016 | $0.94 | ||
Jan 9, 2016 | $1.15 | Jan 13, 2016 | $0.21 |
Jan 18, 2016 | $0.94 | ||
Jan 16, 2016 | $1.15 | Jan 18, 2016 | $0.21 |
Feb 1, 2016 | $0.94 | ||
Jan 23, 2016 | $1.15 | Feb 1, 2016 | $0.09 |
Feb 8, 2016 | $1.06 | ||
Jan 30, 2016 | $1.15 | Feb 8, 2016 | $0.21 |
Feb 22, 2016 | $0.94 | ||
Feb 6, 2016 | $1.15 | Feb 22, 2016 | $1.15 |
Feb 13, 2016 | $1.15 | Feb 22, 2016 | $0.21 |
Mar 29, 2016 | $0.94 | ||
Feb 20, 2016 | $1.15 | Mar 29, 2016 | $1.15 |
Feb 27, 2016 | $1.15 | Mar 29, 2016 | $0.21 |
Apr 18, 2016 | $0.94 | ||
Mar 5, 2016 | $1.15 | Apr 18, 2016 | $1.15 |
Mar 12, 2016 | $1.15 | Apr 18, 2016 | $0.21 |
May 2, 2016 | $0.94 | ||
Mar 19, 2016 | $1.15 | May 2, 2016 | $1.15 |
Mar 26, 2016 | $1.15 | May 2, 2016 | $0.21 |
May 9, 2016 | $0.94 | ||
Apr 2, 2016 | $1.15 | May 9, 2016 | $1.15 |
Apr 9, 2016 | $1.15 | May 9, 2016 | $0.21 |
May 23, 2016 | $0.94 | ||
Apr 16, 2016 | $1.15 | May 23, 2016 | $1.15 |
Apr 23, 2016 | $1.15 | May 23, 2016 | $0.21 |
Jun 6, 2016 | $0.94 | ||
Apr 30, 2016 | $1.15 | Jun 6, 2016 | $1.15 |
May 7, 2016 | $1.15 | Jun 6, 2016 | $0.21 |
Jul 4, 2016 | $0.94 | ||
May 14, 2016 | $1.15 | Jul 4, 2016 | $1.15 |
May 21, 2016 | $1.15 | Jul 4, 2016 | $0.21 |
May 28, 2016 | $1.15 | ||
Jun 4, 2016 | $1.15 | ||
Jun 11, 2016 | $1.15 | ||
Jun 18, 2016 | $1.15 | ||
Jun 25, 2016 | $1.15 | ||
Jul 2, 2016 | $1.15 | ||
Jul 9, 2016 | $1.15 | ||
Jul 16, 2016 | $1.15 | ||
Jul 23, 2016 | $1.15 | ||
Jul 30, 2016 | $1.15 | ||
Aug 6, 2016 | $1.15 | ||
Aug 13, 2016 | $1.15 | ||
Aug 20, 2016 | $1.15 | ||
Aug 27, 2016 | $1.15 | ||
Sep 3, 2016 | $1.15 | ||
Sep 10, 2016 | $1.15 | ||
Sep 17, 2016 | $1.15 | ||
Sep 24, 2016 | $1.15 | ||
Oct 1, 2016 | $1.15 | ||
Oct 8, 2016 | $1.15 | ||
Oct 15, 2016 | $1.15 | ||
Oct 22, 2016 | $1.15 | ||
Oct 29, 2016 | $1.15 | ||
Nov 5, 2016 | $1.15 | ||
Nov 12, 2016 | $1.15 | ||
Nov 19, 2016 | $1.15 | ||
Nov 26, 2016 | $1.15 | ||
Dec 3, 2016 | $1.15 | ||
Dec 10, 2016 | $1.15 | ||
Dec 17, 2016 | $1.15 | ||
Dec 24, 2016 | $1.15 | ||
Dec 31, 2016 | $1.15 | ||
Jan 7, 2017 | $1.15 | ||
Jan 14, 2017 | $1.15 | ||
Jan 21, 2017 | $1.15 | ||
Jan 28, 2017 | $1.15 | ||
Feb 4, 2017 | $1.15 | ||
Feb 11, 2017 | $1.15 | ||
Feb 18, 2017 | $1.15 | ||
Feb 25, 2017 | $1.15 | ||
Mar 4, 2017 | $1.15 | ||
Mar 11, 2017 | $1.15 | ||
Mar 18, 2017 | $1.15 | ||
Mar 25, 2017 | $1.15 | ||
Apr 1, 2017 | $1.15 | ||
Apr 8, 2017 | $1.15 | ||
Apr 15, 2017 | $1.15 | ||
Apr 22, 2017 | $1.15 | ||
Apr 29, 2017 | $1.15 | ||
May 6, 2017 | $1.15 | ||
May 13, 2017 | $1.15 | ||
May 20, 2017 | $1.15 | ||
May 27, 2017 | $1.15 | ||
Jun 3, 2017 | $1.15 | ||
Jun 10, 2017 | $1.15 | ||
Jun 17, 2017 | $1.15 | ||
Jun 24, 2017 | $1.15 | ||
Jul 1, 2017 | $1.15 | ||
Jul 8, 2017 | $1.15 | ||
Jul 15, 2017 | $1.15 | ||
Jul 22, 2017 | $1.15 | ||
Jul 29, 2017 | $1.15 | ||
Aug 5, 2017 | $1.15 | ||
Aug 12, 2017 | $1.15 | ||
Aug 19, 2017 | $1.15 | ||
Aug 26, 2017 | $1.15 | ||
Sep 2, 2017 | $1.15 | ||
Sep 9, 2017 | $1.15 | ||
Sep 16, 2017 | $1.15 | ||
Sep 23, 2017 | $1.15 | ||
Sep 30, 2017 | $1.15 | ||
Oct 7, 2017 | $1.15 | ||
Oct 14, 2017 | $1.15 | ||
Oct 21, 2017 | $1.15 | ||
Oct 28, 2017 | $1.15 | ||
Nov 4, 2017 | $1.15 | ||
Nov 11, 2017 | $1.15 | ||
Nov 18, 2017 | $1.15 | ||
Nov 25, 2017 | $1.15 | ||
Dec 2, 2017 | $1.15 | ||
Dec 9, 2017 | $1.15 | ||
Dec 16, 2017 | $1.15 | ||
Dec 23, 2017 | $1.15 | ||
Dec 30, 2017 | $1.15 | ||
Jan 6, 2018 | $1.15 | ||
Jan 13, 2018 | $1.15 | ||
Jan 20, 2018 | $1.15 | ||
Jan 27, 2018 | $1.15 | ||
Feb 3, 2018 | $1.15 | ||
Feb 10, 2018 | $1.15 | ||
Feb 17, 2018 | $1.15 | ||
Feb 24, 2018 | $1.15 | ||
Mar 3, 2018 | $1.15 | ||
Mar 10, 2018 | $1.15 | ||
Mar 17, 2018 | $1.15 | ||
Mar 24, 2018 | $1.15 | ||
Mar 31, 2018 | $1.15 | ||
Apr 7, 2018 | $1.15 | ||
Apr 14, 2018 | $1.15 | ||
Apr 21, 2018 | $1.15 | ||
Apr 28, 2018 | $1.15 | ||
May 5, 2018 | $1.15 | ||
May 12, 2018 | $1.15 | ||
May 19, 2018 | $1.15 | ||
May 26, 2018 | $1.15 | ||
Jun 2, 2018 | $1.15 | ||
Jun 9, 2018 | $1.15 | ||
Jun 16, 2018 | $1.15 | ||
Jun 23, 2018 | $1.15 | ||
Jun 30, 2018 | $1.15 | ||
Jul 7, 2018 | $1.15 | ||
Jul 14, 2018 | $1.15 | ||
Jul 21, 2018 | $1.15 | ||
Jul 28, 2018 | $1.15 | ||
Aug 4, 2018 | $1.15 | ||
Aug 11, 2018 | $1.15 | ||
Aug 18, 2018 | $1.15 | ||
Aug 25, 2018 | $1.15 | ||
Sep 1, 2018 | $1.15 | ||
Sep 8, 2018 | $1.15 | ||
Sep 15, 2018 | $1.15 | ||
Sep 22, 2018 | $1.15 | ||
Sep 29, 2018 | $1.15 | ||
Oct 6, 2018 | $1.15 | ||
Oct 13, 2018 | $1.15 | ||
Oct 20, 2018 | $1.15 | ||
Oct 27, 2018 | $1.15 | ||
Nov 3, 2018 | $1.15 | ||
Nov 10, 2018 | $1.15 | ||
Nov 17, 2018 | $1.15 | ||
Nov 24, 2018 | $1.15 | ||
Dec 1, 2018 | $1.15 | ||
Dec 8, 2018 | $1.15 | ||
Dec 15, 2018 | $1.15 | ||
Dec 22, 2018 | $1.15 | ||
Dec 29, 2018 | $1.15 | ||
Jan 5, 2019 | $1.15 | ||
Jan 12, 2019 | $1.15 | ||
Jan 19, 2019 | $1.15 | ||
Jan 26, 2019 | $1.15 | ||
Feb 2, 2019 | $1.15 | ||
Feb 9, 2019 | $1.15 | ||
Feb 16, 2019 | $1.15 | ||
Feb 23, 2019 | $1.15 | ||
Mar 2, 2019 | $1.15 | ||
Mar 9, 2019 | $1.15 | ||
Mar 16, 2019 | $1.15 | ||
Mar 23, 2019 | $1.15 | ||
Mar 30, 2019 | $1.15 | ||
Apr 6, 2019 | $1.15 | ||
Apr 13, 2019 | $1.15 | ||
Apr 20, 2019 | $1.15 | ||
Apr 27, 2019 | $1.15 | ||
May 4, 2019 | $1.15 | ||
May 11, 2019 | $1.15 | ||
May 18, 2019 | $1.15 | ||
May 25, 2019 | $1.15 | ||
Jun 1, 2019 | $1.15 | ||
Jun 8, 2019 | $1.15 | ||
Jun 15, 2019 | $1.15 | ||
Jun 22, 2019 | $1.15 | ||
Jun 29, 2019 | $1.15 | ||
Jul 6, 2019 | $1.15 | ||
Jul 13, 2019 | $1.15 | ||
Jul 20, 2019 | $1.15 | ||
Jul 27, 2019 | $1.15 | ||
Aug 3, 2019 | $1.15 | ||
Aug 10, 2019 | $1.15 | ||
Aug 17, 2019 | $1.15 | ||
Aug 24, 2019 | $1.15 | ||
Aug 31, 2019 | $1.15 | ||
Sep 7, 2019 | $1.15 | ||
Sep 14, 2019 | $1.15 | ||
Sep 21, 2019 | $1.15 | ||
Sep 28, 2019 | $1.15 | ||
Oct 5, 2019 | $1.15 | ||
Oct 12, 2019 | $1.15 | ||
Oct 19, 2019 | $1.15 | ||
Oct 26, 2019 | $1.15 | ||
Nov 2, 2019 | $1.15 | ||
Nov 9, 2019 | $1.15 | ||
Nov 16, 2019 | $1.15 | ||
Nov 23, 2019 | $1.15 | ||
Nov 30, 2019 | $1.15 | ||
Dec 7, 2019 | $1.15 | ||
Dec 14, 2019 | $1.15 | ||
Dec 21, 2019 | $1.15 | ||
Dec 28, 2019 | $1.15 | ||
Jan 4, 2020 | $1.15 | ||
Jan 11, 2020 | $1.15 | ||
Jan 18, 2020 | $322.55 |
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