Loan to purchase farming inputs and hire temporary workers
Moses
Ngoingwa, Kenya
100% repaid
Entrepreneur
Name
Moses
Member since
February 2016
On-time repayments
36 installments • 50%
About Me
I am a 31 year old Kenyan male. I was born in a family of three. I was educated in the sciences to college level and I love embracing technology in all aspects. I have a farm where I grow some coffee shrubs. In addition I have diversified by having some dairy cattle for home consumption. The land I have can be made more productive by embracing technology.
My Business
My business entails coffee production and dairy on a small proportion. The coffee is marketed and sold in the cooperative while the dairy products - milk I sell to the local community. Agri based business is profitable in that demand is always present. My costs entail labour, inputs, veterinary charges, advancement costs etc. Most of profits realised I use to pay insurance for my child, reinvesting in more cattle, and embracing technology in my farm.
Loan Proposal
Having two concurrent projects to run, I need to outsource human labour for atleast two weeks to aid in data migration. I need a sum of KShs 20,000 for labour for the outsourced resource.
The resource is going to work out from home and have at most three meetings to review the assignment
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Feb 23, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Summary
Amount repaid
$210.00
Amount remaining
$0.00
Date repaid
Jun 1, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 4, 2016 | $10.03 | Mar 4, 2016 | $10.03 |
| Mar 11, 2016 | $10.03 | Mar 26, 2016 | $10.03 |
| Mar 18, 2016 | $10.03 | Mar 26, 2016 | $10.03 |
| Mar 25, 2016 | $10.03 | Mar 26, 2016 | $10.03 |
| Apr 1, 2016 | $10.03 | Apr 4, 2016 | $10.03 |
| Apr 8, 2016 | $10.03 | Apr 13, 2016 | $10.03 |
| Apr 15, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Apr 22, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Apr 29, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| May 6, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| May 13, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| May 20, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| May 27, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Jun 3, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Jun 10, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Jun 17, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Jun 24, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Jul 1, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Jul 8, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Jul 15, 2016 | $10.03 | Jun 1, 2016 | $10.03 |
| Jul 22, 2016 | $9.33 | Jun 1, 2016 | $9.33 |
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