Entrepreneur
Name
John
Member since
April 2012
On-time repayments
288 installments • 8%
About Me
I am 56 years of age living in Rongai town which is in Nakuru county in Rift Valley province. I joined my first school in 1968 and sat for my primary education certificate in 1974. I continued with the secondary level from 1975 – 1978. After the school I joined the other Kenyans finding job to be employed but only casual laboure until when I decided to be trained in order to help farmers in pountry area where I do vaccinate their birds.Currently I have switched to a new business of bricks works.
I am married with 7 children, 2girls and 5boys and do live in Rongai town.
My Business
I have experienced that the poultry business incomes does not sustain me to service a given loan.Am practicing a new,unique and innovative business of making bricks with soil.I started by building my brick house and community wants such bricks,but I cant coup with demand when hand made bricks.I need a manual improved interlocking bricks machine. I visited an engineer in Nairobi and agreed he would make one for me at ksh 65,000($747)if I make interlocking bricks,buyers will cut of cement cost by about 79%!Demand will rise.That will only be met with the machine.Already there are several customers who have declared interest in buying bricks.
Loan Proposal
I will use the loan to purchase an electric chick incubator so that I can sell improved indigenous poultry chick breed to marginalized people especially women and handicapped groups at a reasonable affordable price to mitigate their social economic impact whilst i make business profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$556.00
Date disbursed
Jun 7, 2012
Repayment status
On Time
Projected term
19 months
Other loans
Lenders
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Summary
Amount repaid
$615.88
Amount remaining
$0.00
Date repaid
Apr 15, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 7, 2012 | $54.04 | Aug 7, 2012 | $54.04 |
| Sep 7, 2012 | $0.00 | ||
| Oct 7, 2012 | $54.04 | Oct 6, 2012 | $54.04 |
| Nov 7, 2012 | $54.04 | Nov 6, 2012 | $54.04 |
| Dec 7, 2012 | $54.04 | Dec 6, 2012 | $54.04 |
| Jan 7, 2013 | $54.04 | Jan 7, 2013 | $54.04 |
| Feb 7, 2013 | $54.04 | Jan 7, 2013 | $5.88 |
| Feb 1, 2013 | $5.88 | ||
| Feb 7, 2013 | $42.27 | ||
| Mar 7, 2013 | $54.04 | Feb 7, 2013 | $11.76 |
| Mar 6, 2013 | $42.27 | ||
| Apr 7, 2013 | $11.76 | Mar 6, 2013 | $11.76 |
| May 7, 2013 | $26.95 | Apr 23, 2013 | $5.88 |
| Sep 12, 2013 | $5.88 | ||
| Feb 12, 2014 | $5.88 | ||
| Apr 8, 2014 | $5.88 | ||
| Apr 10, 2014 | $5.88 | ||
| Apr 11, 2014 | $3.42 | ||
| Jun 7, 2013 | $26.95 | Apr 11, 2014 | $2.46 |
| Apr 13, 2014 | $24.49 | ||
| Jul 7, 2013 | $26.95 | Apr 13, 2014 | $26.95 |
| Aug 7, 2013 | $26.95 | Apr 13, 2014 | $26.95 |
| Sep 7, 2013 | $26.95 | Apr 13, 2014 | $26.95 |
| Oct 7, 2013 | $26.95 | Apr 13, 2014 | $26.95 |
| Nov 7, 2013 | $26.95 | Apr 13, 2014 | $26.95 |
| Dec 7, 2013 | $26.95 | Apr 13, 2014 | $17.21 |
| Apr 15, 2014 | $9.74 | ||
| Jan 7, 2014 | $10.25 | Apr 15, 2014 | $10.25 |
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