Entrepreneur
Name
Samwel
Member since
November 2011
On-time repayments
11 installments • 0%
About Me
I am married with 4 children. All of them are schooling. I am a business farmer. I grow fast growing crops that I sell to the consumers to earn a living. I live in kiptangwanyi shopping centre in my plot Number 29 house number 1.
My Business
My business entails the growing fast crops that I sell throughout the year. I grow food crops such as beans, peas, potatoes and tomatoes. these crops grow very fast and are readily available for sale after a very short duration. the main challenges that the business face are drought, pests and diseases and frequent frost that affect my crops. Currently I am using my revenues to imrove the methods of farming that i am currently using and thus improve the quality of my products.
Loan Proposal
I would like to increase the acreage of my farm since the one I have is small. I would also like to introduce fast growing fruits such as passion fruits and watermelons. These fruits have a very high demand here and this will be a great opportunity for me. Lastly I would like to start using the modern techniques of farming to improve the quantity as well as the quality of my products.
Feedback
Positive
None
Neutral
1
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$356.00
Date disbursed
Dec 4, 2011
Repayment status
Late
Projected term
12 months
Lenders
Sarasota// Phnom Penh, United States
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Summary
Amount repaid
$92.89
Amount remaining
$136.97
Expected completion
Dec 4, 2012
Status
Repaying late
Installment amount
$35.28
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 4, 2012 | $35.28 | Feb 2, 2012 | $30.97 |
| Mar 4, 2012 | $4.32 | ||
| Mar 4, 2012 | $35.28 | Mar 4, 2012 | $26.65 |
| May 8, 2012 | $8.64 | ||
| Apr 4, 2012 | $35.28 | May 8, 2012 | $22.33 |
| May 4, 2012 | $15.50 | ||
| Jun 4, 2012 | $15.50 | ||
| Jul 4, 2012 | $15.50 | ||
| Aug 4, 2012 | $15.50 | ||
| Sep 4, 2012 | $15.50 | ||
| Oct 4, 2012 | $15.50 | ||
| Nov 4, 2012 | $15.50 | ||
| Dec 4, 2012 | $15.50 | ||
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