Kiriungi
Kayole,nairobi, Kenya
29% repaid
Name
Kiriungi
Member since
September 2013
On-time repayments
57 installments • 21%
I operate a business called iSy Solutions specialising in Desktop Virtualization. We help clients source, configure and install zero clients in their business, thereby saving them the cost of having to purchase standard PCs, reduce PC maintenance charges, and help make their IT environments eco-friendly as they only consume 5% of standard PCs. We also provide PC Networking services. Since we help the clients’ source for the clients, we do not tie up much of our capital and we charge a percentage of what the clients incurs when acquiring the zero clients.
I am an IT consultant specializing in Desktop Virtualization. I live in Kayole, single and currently studying a professional certification in Cisco Networking (CCNA 3) at Kenyatta University here in Nairobi. I am also pursuing a degree in Information Technology at Jomo Kenyatta University of Agriculture and Technology. I saw the need for virtualization in small and medium enterprises which would help them reduce their IT budget and use the savings in product development, research and staff retention.
Hi, Zidisha Lenders,
With the 60-egg incubator that i secured with my first loan, I have received numerous request to incubate poultry eggs for farmers in my area who would like to start their own poultry flock. I currently have a demand that I cannot effectively meet since my current incubator is limited in size and number of eggs it can hold in a given time.
The amount I'm currently charging KES 25 ($0.3 per egg for 21 days) has enabled me to save up and together with a soft loan from a friend I have about KES 60,000 ($680). However to mitigate from erratic electricity supply, I also need to get a power backup. The quotations I have manged to source require me to have at least KES 80,000 ($910). I therefore need around KES 20,000 ($225) to get the incubator with the power backup.
With the 528 egg capacity and me charging $0.3/egg, it will provide me with about($17.4) every 3 weeks. Additional income will be from me buying eggs from farmers (when I dont have orders for incubation) then incubating them for myself, then selling 1-day old chicks at KES 100 ($1.1). With 95% hatching rate and even with modest estimates(50%)hatching, I will have about 250 chicks that I can either sell at 250 chicks * $1.1 = $275 every 21 days or add them to my young flock.
Looking forward to your favorable consideration. Thanks in advance.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$221.00
Date disbursed
Mar 17, 2014
Repayment status
Late
Projected term
12 months
Other loans
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Amount repaid
$72.78
Amount remaining
$177.87
Expected completion
Mar 20, 2015
Status
Repaying late
Installment amount
$5.29
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 28, 2014 | $6.71 | Mar 26, 2014 | $6.71 |
Apr 4, 2014 | $6.71 | Apr 4, 2014 | $6.71 |
Apr 11, 2014 | $6.71 | Apr 4, 2014 | $0.01 |
Apr 11, 2014 | $6.69 | ||
Apr 18, 2014 | $6.71 | Apr 11, 2014 | $0.01 |
Apr 19, 2014 | $6.69 | ||
Apr 25, 2014 | $6.71 | Apr 19, 2014 | $0.01 |
May 10, 2014 | $6.69 | ||
May 2, 2014 | $6.71 | May 10, 2014 | $6.71 |
May 9, 2014 | $6.71 | May 10, 2014 | $6.71 |
May 16, 2014 | $6.71 | May 10, 2014 | $0.01 |
Jun 2, 2014 | $6.69 | ||
May 23, 2014 | $6.71 | Jun 2, 2014 | $0.13 |
Jun 15, 2014 | $6.58 | ||
May 30, 2014 | $6.71 | Jun 15, 2014 | $5.66 |
Jun 15, 2014 | $1.05 | ||
Jun 6, 2014 | $5.72 | Jun 15, 2014 | $5.72 |
Jun 13, 2014 | $0.00 | ||
Jun 20, 2014 | $0.00 | ||
Jun 27, 2014 | $0.00 | ||
Jul 4, 2014 | $0.00 | ||
Jul 11, 2014 | $0.00 | ||
Jul 18, 2014 | $0.00 | ||
Jul 25, 2014 | $0.00 | ||
Aug 1, 2014 | $5.29 | Jun 15, 2014 | $0.06 |
Aug 8, 2014 | $5.29 | ||
Aug 15, 2014 | $5.29 | ||
Aug 22, 2014 | $5.29 | ||
Aug 29, 2014 | $5.29 | ||
Sep 5, 2014 | $5.29 | ||
Sep 12, 2014 | $5.29 | ||
Sep 19, 2014 | $5.29 | ||
Sep 26, 2014 | $5.29 | ||
Oct 3, 2014 | $5.29 | ||
Oct 10, 2014 | $5.29 | ||
Oct 17, 2014 | $5.29 | ||
Oct 24, 2014 | $5.29 | ||
Oct 31, 2014 | $5.29 | ||
Nov 6, 2014 | $5.29 | ||
Nov 13, 2014 | $5.29 | ||
Nov 20, 2014 | $5.29 | ||
Nov 27, 2014 | $5.29 | ||
Dec 4, 2014 | $5.29 | ||
Dec 11, 2014 | $5.29 | ||
Dec 18, 2014 | $5.29 | ||
Dec 25, 2014 | $5.29 | ||
Jan 1, 2015 | $5.29 | ||
Jan 8, 2015 | $5.29 | ||
Jan 15, 2015 | $5.29 | ||
Jan 22, 2015 | $5.29 | ||
Jan 29, 2015 | $5.29 | ||
Feb 5, 2015 | $5.29 | ||
Feb 12, 2015 | $5.29 | ||
Feb 19, 2015 | $5.29 | ||
Feb 26, 2015 | $5.29 | ||
Mar 5, 2015 | $5.29 | ||
Mar 13, 2015 | $5.29 | ||
Mar 20, 2015 | $3.16 |
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