Entrepreneur
Name
Erastus
Member since
September 2012
On-time repayments
76 installments • 95%
About Me
My name is Erastus Wakugwa Kamau. I come from Kahuho centre, Nakuru County where I reside. Kahuho is approximately 19 Km from Nakuru Town on your way to Nyahururu where you aright at Maili Saba and take a murram road towards St, John Primary School then Karunga trading centre then Kahuho Centre. You ask for Erastus. I am married and a father of 5 children and am a farmer.
My Business
I have 1 ½ acres of land whereby ¾ acre I have planted Ovacado fruits and a fruit tree nursery. When I harvest ovacado fruit I get a total of about Kshs. 70,000 and a fruit tree nursery gives me a profit of approximately Kshs. 100,000. In total I get an annual income of Kshs. 170,000. I have got livestock which gives me an income of about Kshs. 50,000 per year
Loan Proposal
I will use the amount give to improve on my tree nursery which i will expand to satisfy my customers who are coming to look for both indigenous and exotic trees to plant to their land. I will also use the amount remaining amount to buy fertilizer to my horticultural products which are already in the process of flowering meaning that after one month i will start to harvest.I will use the amount give to improve on my tree nursery which i will expand to satisfy my customers who are coming to look for both indigenous and exotic trees to plant to their land. I will also use the amount remaining amount to buy fertilizer to my horticultural products which are already in the process of flowering meaning that after one month i will start to harvest.
Feedback
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Oct 25, 2012
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Southampton, United Kingdom
Göteborg, Sweden
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Summary
Amount repaid
$561.73
Amount remaining
$0.00
Date repaid
Nov 16, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 14, 2012 | $46.81 | Dec 16, 2012 | $46.81 |
| Jan 14, 2013 | $46.81 | Dec 16, 2012 | $0.01 |
| Jan 6, 2013 | $46.80 | ||
| Feb 14, 2013 | $46.81 | Jan 6, 2013 | $0.82 |
| Feb 8, 2013 | $45.99 | ||
| Mar 14, 2013 | $46.81 | Feb 8, 2013 | $1.63 |
| Mar 7, 2013 | $45.18 | ||
| Apr 14, 2013 | $46.81 | Mar 7, 2013 | $2.44 |
| Apr 15, 2013 | $44.37 | ||
| May 14, 2013 | $46.81 | Apr 15, 2013 | $3.25 |
| May 15, 2013 | $43.56 | ||
| Jun 14, 2013 | $46.81 | May 15, 2013 | $4.06 |
| Jun 15, 2013 | $42.75 | ||
| Jul 14, 2013 | $46.81 | Jun 15, 2013 | $4.87 |
| Jul 13, 2013 | $41.94 | ||
| Aug 14, 2013 | $46.81 | Jul 13, 2013 | $5.68 |
| Aug 13, 2013 | $41.13 | ||
| Sep 14, 2013 | $46.81 | Aug 13, 2013 | $6.49 |
| Sep 12, 2013 | $40.32 | ||
| Oct 14, 2013 | $46.81 | Sep 12, 2013 | $7.30 |
| Oct 13, 2013 | $39.51 | ||
| Nov 14, 2013 | $46.81 | Oct 13, 2013 | $0.05 |
| Nov 16, 2013 | $46.76 | ||
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