Hire room for maize storage

Anthony

Meroleni, Kenya

100% repaid

Entrepreneur

Name

Anthony

Member since

May 2017

On-time repayments

47 installments  •  72%

About Me

I am Anthony Katua, a Kenyan born way back in the year 1997. I live and do business in the Meloreni area of the larger Subukia. I am trained in mechanical engineering at a local college. This did not help me in securing a good job. I therefore, driven by desire to live a decent life and make a living, decided to start a business.

This business has been doing fine, and most of the time I am just in my business ensuring that it runs smoothly. My wife also assists greatly in running the business, as when am not in the business she takes over. Sometimes I do go out to meet customers and negotiate for orders. Besides doing business, I do read a lot, particularly materials that are inspiring and encouraging. I also like watching football.

My Business

I do own a posho (maize flour) mill that I started with help of my elder brothers and sisters. The posho mill does well, and at times I do sell flour and maize germ for farmers around.

The business is doing well, though recently there was a shortage of maize around due to low rainfall and maize disease that affected many farmers countrywide. This impacted high on supply and many businesses were down. In the months of August to January, the business does well since there is abundant supply.

Currently we have a crisis in Kenya at large, since maize flour (or unga, as it is commonly known) is in shortage. The rains have failed this year and it's going to be worse if something is not done.

Loan Proposal

Am requesting you to fund me so that I can hire a room for storage of grains particulary maize. At the moment I am having a problem with storage since all my stock is from where my posho mill is. I am targeting the month of september to october where harvesting will be done. Between now and then I want to increase my loan limit. I have choosen to pay members fund so that I will be able to borrow higher amount

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About Me

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My Business

What are the fees and interest?
Zidisha loans do not carry interest. Borrowers pay a service fee of 5% of the loan amount, to cover the cost of transferring and administering the loan.

Loans also carry a credit risk payment ranging from 5% to 30%, which is used for reimbursing lenders in the event of default. The credit risk payment decreases as you build a history of on-time repayments.

A one-time premium membership payment of 1,000 KES may be required in order to access higher credit limits.

Loan Proposal

Am requesting you to fund me so that I can hire a room for storage of grains particulary maize. At the moment I am having a problem with storage since all my stock is from where my posho mill is. I am targeting the month of september to october where harvesting will be done. Between now and then I want to increase my loan limit. I have choosen to pay members fund so that I will be able to borrow higher amount

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$80.00

Date disbursed

May 21, 2017

Repayment status

On Time

Projected term

19 months

Lenders

Paul Buchheit

Mountain View, United States

Ask Anthony a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$80.14

Amount remaining

$0.00

Date repaid

Jul 2, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 28, 2017 $0.99 May 28, 2017 $0.99
Jun 4, 2017 $0.99 Jun 5, 2017 $0.99
Jun 11, 2017 $0.99 Jun 12, 2017 $0.99
Jun 18, 2017 $0.99 Jun 19, 2017 $0.99
Jun 25, 2017 $0.99 Jun 26, 2017 $0.99
Jul 2, 2017 $0.99 Jul 2, 2017 $0.99
Jul 9, 2017 $0.99 Jul 2, 2017 $0.99
Jul 16, 2017 $0.99 Jul 2, 2017 $0.99
Jul 23, 2017 $0.99 Jul 2, 2017 $0.99
Jul 30, 2017 $0.99 Jul 2, 2017 $0.99
Aug 6, 2017 $0.99 Jul 2, 2017 $0.99
Aug 13, 2017 $0.99 Jul 2, 2017 $0.99
Aug 20, 2017 $0.99 Jul 2, 2017 $0.99
Aug 27, 2017 $0.99 Jul 2, 2017 $0.99
Sep 3, 2017 $0.99 Jul 2, 2017 $0.99
Sep 10, 2017 $0.99 Jul 2, 2017 $0.99
Sep 17, 2017 $0.99 Jul 2, 2017 $0.99
Sep 24, 2017 $0.99 Jul 2, 2017 $0.99
Oct 1, 2017 $0.99 Jul 2, 2017 $0.99
Oct 8, 2017 $0.99 Jul 2, 2017 $0.99
Oct 15, 2017 $0.99 Jul 2, 2017 $0.99
Oct 22, 2017 $0.99 Jul 2, 2017 $0.99
Oct 29, 2017 $0.99 Jul 2, 2017 $0.99
Nov 5, 2017 $0.99 Jul 2, 2017 $0.99
Nov 12, 2017 $0.99 Jul 2, 2017 $0.99
Nov 19, 2017 $0.99 Jul 2, 2017 $0.99
Nov 26, 2017 $0.99 Jul 2, 2017 $0.99
Dec 3, 2017 $0.99 Jul 2, 2017 $0.99
Dec 10, 2017 $0.99 Jul 2, 2017 $0.99
Dec 17, 2017 $0.99 Jul 2, 2017 $0.99
Dec 24, 2017 $0.99 Jul 2, 2017 $0.99
Dec 31, 2017 $0.99 Jul 2, 2017 $0.99
Jan 7, 2018 $0.99 Jul 2, 2017 $0.99
Jan 14, 2018 $0.99 Jul 2, 2017 $0.99
Jan 21, 2018 $0.99 Jul 2, 2017 $0.99
Jan 28, 2018 $0.99 Jul 2, 2017 $0.99
Feb 4, 2018 $0.99 Jul 2, 2017 $0.99
Feb 11, 2018 $0.99 Jul 2, 2017 $0.99
Feb 18, 2018 $0.99 Jul 2, 2017 $0.99
Feb 25, 2018 $0.99 Jul 2, 2017 $0.99
Mar 4, 2018 $0.99 Jul 2, 2017 $0.99
Mar 11, 2018 $0.99 Jul 2, 2017 $0.99
Mar 18, 2018 $0.99 Jul 2, 2017 $0.99
Mar 25, 2018 $0.99 Jul 2, 2017 $0.99
Apr 1, 2018 $0.99 Jul 2, 2017 $0.99
Apr 8, 2018 $0.99 Jul 2, 2017 $0.99
Apr 15, 2018 $0.99 Jul 2, 2017 $0.99
Apr 22, 2018 $0.99 Jul 2, 2017 $0.99
Apr 29, 2018 $0.99 Jul 2, 2017 $0.99
May 6, 2018 $0.99 Jul 2, 2017 $0.99
May 13, 2018 $0.99 Jul 2, 2017 $0.99
May 20, 2018 $0.99 Jul 2, 2017 $0.99
May 27, 2018 $0.99 Jul 2, 2017 $0.99
Jun 3, 2018 $0.99 Jul 2, 2017 $0.99
Jun 10, 2018 $0.99 Jul 2, 2017 $0.99
Jun 17, 2018 $0.99 Jul 2, 2017 $0.99
Jun 24, 2018 $0.99 Jul 2, 2017 $0.99
Jul 1, 2018 $0.99 Jul 2, 2017 $0.99
Jul 8, 2018 $0.99 Jul 2, 2017 $0.99
Jul 15, 2018 $0.99 Jul 2, 2017 $0.99
Jul 22, 2018 $0.99 Jul 2, 2017 $0.99
Jul 29, 2018 $0.99 Jul 2, 2017 $0.99
Aug 5, 2018 $0.99 Jul 2, 2017 $0.99
Aug 12, 2018 $0.99 Jul 2, 2017 $0.99
Aug 19, 2018 $0.99 Jul 2, 2017 $0.99
Aug 26, 2018 $0.99 Jul 2, 2017 $0.99
Sep 2, 2018 $0.99 Jul 2, 2017 $0.99
Sep 9, 2018 $0.99 Jul 2, 2017 $0.99
Sep 16, 2018 $0.99 Jul 2, 2017 $0.99
Sep 23, 2018 $0.99 Jul 2, 2017 $0.99
Sep 30, 2018 $0.99 Jul 2, 2017 $0.99
Oct 7, 2018 $0.99 Jul 2, 2017 $0.99
Oct 14, 2018 $0.99 Jul 2, 2017 $0.99
Oct 21, 2018 $0.99 Jul 2, 2017 $0.99
Oct 28, 2018 $0.99 Jul 2, 2017 $0.99
Nov 4, 2018 $0.99 Jul 2, 2017 $0.99
Nov 11, 2018 $0.99 Jul 2, 2017 $0.99
Nov 18, 2018 $0.99 Jul 2, 2017 $0.99
Nov 25, 2018 $0.99 Jul 2, 2017 $0.99
Dec 2, 2018 $0.99 Jul 2, 2017 $0.99
Dec 9, 2018 $0.99 Jul 2, 2017 $0.99
Dec 16, 2018 $0.25 Jul 2, 2017 $0.25

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