Fish farming

Linnet

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Linnet

Member since

June 2017

On-time repayments

50 installments  •  78%

About Me

Attended Cambridge secretarial college, worked as secretary , from my meagre earnings went to college to get professional certificates, got a better job. Saved and bought land, sold land and got profit and started business with the profit. We have a lake the biggest fresh water lake in Africa. my son would like to be a Lawyer when he grows up and my daughter an entrepreneur. my unique hobby is Adventure,

My Business

i do fish farming in lake victoria . This is quite an interesting business with high returns but high risks involved , i have been doing this for the last three months and hope to get a good yield at the end of the the season. fish take about 8 months to maturity.
i chose this business because there is a deficit of fish production in lake victoria the number of fish in the lake cannot sustain our population there is high demand of fish since people are now health conscious and believe that white meat is good for their health.
typical costs include the fish feeds, labour and maintainance
i intend to use the profit for paying start up costs and also to for re investment

Loan Proposal

I intend to buy fish feeds and fish crates with the money i get from funders the fish are noe at an advanced stage and are consuming alot of fish feeds..i also intend to buy a few more crates to help with transportation. Of the fish from the lake to the market

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.00

Date disbursed

Jan 27, 2018

Repayment status

On Time

Projected term

4 months

Lenders

MarktheMormon

Sandy, Utah, United States

Tom Eggert

Madison, United States

A

Anonymous

United States

MM

Mac McKiva

United States

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Summary

Amount repaid

$199.14

Amount remaining

$0.00

Date repaid

May 27, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 3, 2018 $39.42 Feb 5, 2018 $39.42
Feb 10, 2018 $39.42 Feb 12, 2018 $39.42
Feb 17, 2018 $0.00
Feb 24, 2018 $0.00
Mar 3, 2018 $0.00
Mar 10, 2018 $0.00
Mar 17, 2018 $9.85 Mar 16, 2018 $9.85
Mar 24, 2018 $9.85 Mar 27, 2018 $9.85
Mar 31, 2018 $9.85 Apr 7, 2018 $9.85
Apr 7, 2018 $9.85 Apr 7, 2018 $9.85
Apr 14, 2018 $9.85 Apr 19, 2018 $9.85
Apr 21, 2018 $9.85 Apr 19, 2018 $9.85
Apr 28, 2018 $9.85 Apr 28, 2018 $9.85
May 5, 2018 $9.85 May 6, 2018 $9.85
May 12, 2018 $9.85 May 6, 2018 $9.85
May 19, 2018 $9.85 May 27, 2018 $9.85
May 26, 2018 $9.85 May 27, 2018 $9.85
Jun 2, 2018 $9.85 May 27, 2018 $9.85
Jun 9, 2018 $2.06 May 27, 2018 $2.06

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