Entrepreneur
Name
Simon
Member since
December 2011
On-time repayments
330 installments • 64%
About Me
I am 48 years of age married with 7 children. 3 girls and 4 boys. I reached form four in education. I live in Kiplobe farm in Lenginet location Rongai division Rongai district Nakuru county. After my secondary education I decided to venture into a tree business in order to cater for my daily living and able to provide to my family.
My Business
Because of our group of bee keeping I saw it better to start a tree nursery because the members were encouraged to plant trees and I took that chance of selling the trees to them. Nowadays I am selling to people from my division and I am very proud of this business of which like it because it has a lot of work. I normally sell each tree at 15 kshs and I can sell up to 100 tees daily. an average of 1500kshs daily. The only risk of this business is during the dry season .
The business is now doing well despite the challenges.
Loan Proposal
I want to say thanks for you to be one step behind,during my previous loan i have done several investment in the trees.I f given this loan i will expand my business by seedling more seed and i will able to transport the seedling from my designation to the rest of places like Nakuru,Rongai,Nairobi.This will enable me to un more profit the previous.,This is the budget to 70,000.K.E.S.30.000 TO BUY MORE SEED.
K.E.S.10.000 TO CONSTRUCT SHEDS
K.E.S. 10.000 TO PAY CASUAL WORKERS
K.E.S.20.000 FOR OTHER USE INCLUDING TRANSPORT.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$836.00
Date disbursed
Oct 25, 2012
Repayment status
On Time
Projected term
18 months
Other loans
Lenders
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Summary
Amount repaid
$964.21
Amount remaining
$0.00
Date repaid
Oct 30, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 17, 2013 | $59.52 | Jan 14, 2013 | $59.52 |
| Feb 17, 2013 | $59.52 | Jan 18, 2013 | $59.52 |
| Mar 17, 2013 | $59.52 | Jan 18, 2013 | $59.52 |
| Apr 17, 2013 | $59.52 | Jan 18, 2013 | $59.52 |
| May 17, 2013 | $59.52 | Jan 18, 2013 | $59.52 |
| Jun 17, 2013 | $59.52 | Jan 18, 2013 | $59.52 |
| Jul 17, 2013 | $59.52 | Apr 16, 2013 | $59.52 |
| Aug 17, 2013 | $59.52 | Apr 16, 2013 | $59.52 |
| Sep 17, 2013 | $59.52 | Apr 16, 2013 | $59.52 |
| Oct 17, 2013 | $59.52 | Apr 16, 2013 | $59.52 |
| Nov 17, 2013 | $59.52 | Apr 21, 2013 | $59.52 |
| Dec 17, 2013 | $59.52 | Apr 21, 2013 | $59.52 |
| Jan 17, 2014 | $59.52 | Apr 21, 2013 | $11.83 |
| Apr 27, 2013 | $47.69 | ||
| Feb 17, 2014 | $59.52 | Apr 27, 2013 | $11.83 |
| Oct 30, 2013 | $47.69 | ||
| Mar 17, 2014 | $59.52 | Oct 30, 2013 | $59.52 |
| Apr 17, 2014 | $59.52 | Oct 30, 2013 | $59.52 |
| May 17, 2014 | $11.82 | Oct 30, 2013 | $11.82 |
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