Name
Rebecca
Member since
January 2014
On-time repayments
88 installments • 28%
i am Rebecca Gema from tanners estate in Nakuru town. after clearing my high school i was employed as a sales executive for a pharmaceutical company where i was paid on commission basis. i moved on and started a small venture of buying fully grown trees and then re-sawing. i sell timber, off cuts, firewood and sawdust to customers at the site and make a small profit. Given a loan from zidisha, I intend to be buying trees in large quantities and take my products to the markets where they will fetch higher returns.
My source of income is primarily buying fully grown trees at and then re-sawing them. I then sell the by-products which include timber, off-cuts, firewood and saw dust to customers at the site. There is a lot of demand for these products in nakuru town because of massive housing developments. Since I do not have much capital, I normally sell at the site to brokers who transport them to the market and get more returns. The risk my business faces is when there is a lot of rainfall and our products cannot access the markets and when the government through kenya forest service suspends tree harvesting to allow trees to mature. A fully grown tea at government controlled forests is sold at 10,000/=. It produces timber worth around 17,000/=, off cuts worth 2,000/= , firewood worth 1,000/= and sawdust worth 500/=. The labour cost me around 5,000/= (power saw and operators) . I make around 5,000/= on a good day. Given a loan from zidisha, I intend to buy more trees and make profit so that eventually I will be able to afford transporting my products to the market.
My source of income is primarily buying fully grown trees at and then re-sawing them. I then sell the by-products which include timber, off-cuts, firewood and saw dust to customers at the site. There is a lot of demand for these products in nakuru town because of massive housing developments. Since I do not have much capital, I normally sell at the site to brokers who transport them to the market and get more returns. The risk my business faces is when there is a lot of rainfall and our products cannot access the markets and when the government through kenya forest service suspends tree harvesting to allow trees to mature. A fully grown tea at government controlled forests is sold at 10,000/=. It produces timber worth around 17,000/=, off cuts worth 2,000/= , firewood worth 1,000/= and sawdust worth 500/=. The labour cost me around 5,000/= (power saw and operators) . I make around 5,000/= on a good day. Given a loan from zidisha, I intend to buy more trees and make profit so that eventually I will be able to afford transporting my products to the market.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$447.00
Date disbursed
May 29, 2014
Repayment status
Late
Projected term
17 months
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Amount repaid
$228.68
Amount remaining
$307.89
Expected completion
Nov 20, 2015
Status
Repaying late
Installment amount
$5.88
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 6, 2014 | $19.85 | Jun 7, 2014 | $19.85 |
Jun 13, 2014 | $19.85 | Jun 7, 2014 | $0.04 |
Jun 15, 2014 | $19.81 | ||
Jun 20, 2014 | $19.85 | Jun 15, 2014 | $0.07 |
Jun 24, 2014 | $19.78 | ||
Jun 27, 2014 | $19.85 | Jun 24, 2014 | $0.11 |
Jun 28, 2014 | $19.74 | ||
Jul 4, 2014 | $19.85 | Jun 28, 2014 | $0.02 |
Jul 8, 2014 | $19.82 | ||
Jul 11, 2014 | $0.04 | Jul 8, 2014 | $0.04 |
Jul 18, 2014 | $0.00 | ||
Jul 25, 2014 | $0.00 | ||
Aug 1, 2014 | $11.76 | Jul 8, 2014 | $0.02 |
Aug 1, 2014 | $11.74 | ||
Aug 8, 2014 | $11.76 | Aug 1, 2014 | $0.02 |
Aug 9, 2014 | $11.74 | ||
Aug 15, 2014 | $11.76 | Aug 9, 2014 | $0.02 |
Aug 19, 2014 | $11.74 | ||
Aug 22, 2014 | $11.76 | Aug 19, 2014 | $0.02 |
Aug 23, 2014 | $11.74 | ||
Aug 29, 2014 | $11.76 | Aug 23, 2014 | $0.02 |
Sep 1, 2014 | $11.74 | ||
Sep 5, 2014 | $11.76 | Sep 1, 2014 | $0.02 |
Sep 9, 2014 | $11.74 | ||
Sep 12, 2014 | $11.76 | Sep 9, 2014 | $0.02 |
Sep 27, 2014 | $11.74 | ||
Sep 19, 2014 | $11.76 | Sep 27, 2014 | $11.76 |
Sep 26, 2014 | $11.76 | Sep 27, 2014 | $0.02 |
Nov 10, 2014 | $11.74 | ||
Oct 3, 2014 | $11.76 | Nov 10, 2014 | $11.76 |
Oct 10, 2014 | $11.76 | Nov 10, 2014 | $11.76 |
Oct 17, 2014 | $0.00 | ||
Oct 24, 2014 | $0.00 | ||
Oct 31, 2014 | $0.00 | ||
Nov 7, 2014 | $0.00 | ||
Nov 14, 2014 | $0.00 | ||
Nov 21, 2014 | $0.00 | ||
Nov 28, 2014 | $5.88 | Nov 10, 2014 | $0.02 |
Dec 5, 2014 | $5.88 | ||
Dec 12, 2014 | $5.88 | ||
Dec 19, 2014 | $5.88 | ||
Dec 26, 2014 | $5.88 | ||
Jan 2, 2015 | $5.88 | ||
Jan 9, 2015 | $5.88 | ||
Jan 16, 2015 | $5.88 | ||
Jan 23, 2015 | $5.88 | ||
Jan 30, 2015 | $5.88 | ||
Feb 6, 2015 | $5.88 | ||
Feb 13, 2015 | $5.88 | ||
Feb 20, 2015 | $5.88 | ||
Feb 27, 2015 | $5.88 | ||
Mar 6, 2015 | $5.88 | ||
Mar 13, 2015 | $5.88 | ||
Mar 20, 2015 | $5.88 | ||
Mar 27, 2015 | $5.88 | ||
Apr 3, 2015 | $5.88 | ||
Apr 10, 2015 | $5.88 | ||
Apr 17, 2015 | $5.88 | ||
Apr 24, 2015 | $5.88 | ||
May 1, 2015 | $5.88 | ||
May 8, 2015 | $5.88 | ||
May 15, 2015 | $5.88 | ||
May 22, 2015 | $5.88 | ||
May 29, 2015 | $5.88 | ||
Jun 5, 2015 | $5.88 | ||
Jun 12, 2015 | $5.88 | ||
Jun 19, 2015 | $5.88 | ||
Jun 26, 2015 | $5.88 | ||
Jul 3, 2015 | $5.88 | ||
Jul 10, 2015 | $5.88 | ||
Jul 17, 2015 | $5.88 | ||
Jul 24, 2015 | $5.88 | ||
Jul 31, 2015 | $5.88 | ||
Aug 7, 2015 | $5.88 | ||
Aug 14, 2015 | $5.88 | ||
Aug 21, 2015 | $5.88 | ||
Aug 28, 2015 | $5.88 | ||
Sep 4, 2015 | $5.88 | ||
Sep 11, 2015 | $5.88 | ||
Sep 18, 2015 | $5.88 | ||
Sep 25, 2015 | $5.88 | ||
Oct 2, 2015 | $5.88 | ||
Oct 9, 2015 | $5.88 | ||
Oct 16, 2015 | $5.88 | ||
Oct 23, 2015 | $5.88 | ||
Oct 30, 2015 | $5.88 | ||
Nov 6, 2015 | $5.88 | ||
Nov 13, 2015 | $5.88 | ||
Nov 20, 2015 | $7.89 |
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