Increase stock of rabbits and construct modern rabbit hutch

Samson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samson

Member since

April 2014

On-time repayments

222 installments  •  9%

About Me

I started a business in 2011.With the earnings i get from my business i try to improve my living standards by buying household items as am almost starting to settle.I support my family members to some extent .I also use the earnings to increase stock of my business. Hobbies: I play soccer,interacting with electrical systems ,rabbit farming,watching engineering documentaries .

My Business

I rear about 20 New Zealand white rabbits as clearly shown in my profile picture. I would want to increase the stock since the number of entrepreneurs wishing to venture into the business keep rising by the day.I also want to construct a modern rabbit hutch as this will reduce the risk of infections to the rabbits.At the moment i ave not been able to seek medical attention for the rabbits so this loan can help me source for a vet. to attend to them. The prices i offer are fair compared to my competitors.The business is profitable for these reasons.Overall operational cost is quite low.This is mainly because of the cheap cost of food. Rabbits only feed on greens of which are readily available at an affordable price.I run this business by buying rabbits rearing them for some time then selling them. Risk of losing customers in case they don't establish their loyalty in time.
Total Monthly cost =$180 Sales Revenue =$300 Profits =$120
If i don't use the loan to invest in the business, i will use earning from the business to repay the loan.

Loan Proposal

I want to increase the number of rabbits .At the moment i have twenty five of them and i would want to add another ten.This will require around $50.This will help in improve the confidence of my customers and hence their loyalty towards my business since the products will be available.
I want to construct a modern rabbit hutch .The structure am keeping them is so outdated and very difficult to clean.This can easily lead to infections since the waste food and excreta accumulates inside.Luckily this has not happened.This may require around $45.
Finally i want to use the loan to seek for medical attendance .I want to look for a vet. to come and inspect the rabbits .Just in case they need any medication i would use the loan to facilitate the same.Roughly this will require around @10.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Dec 1, 2014

Repayment status

On Time

Projected term

52 months

Lenders

S

stroll

Stockholm, Sweden

Evan Lamos

Brussels, Belgium

J

JeffH

United States

Paul Buchheit

Mountain View, United States

joshuacollinson

Vienna, Austria

S

SaraNT

United States

KM

Kirsty M

United Kingdom

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Summary

Amount repaid

$112.52

Amount remaining

$0.00

Date repaid

Mar 18, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 14, 2014 $2.11 Dec 14, 2014 $2.11
Dec 21, 2014 $2.11 Dec 21, 2014 $2.11
Dec 28, 2014 $2.11 Dec 28, 2014 $2.11
Jan 4, 2015 $2.11 Jan 4, 2015 $2.11
Jan 11, 2015 $2.11 Jan 11, 2015 $2.11
Jan 18, 2015 $2.11 Jan 18, 2015 $2.11
Jan 25, 2015 $2.11 Nov 19, 2018 $2.11
Feb 1, 2015 $2.11 Nov 19, 2018 $2.11
Feb 8, 2015 $1.39 Nov 19, 2018 $1.39
Feb 15, 2015 $0.00
Feb 22, 2015 $0.00
Mar 1, 2015 $0.00
Mar 8, 2015 $0.00
Mar 15, 2015 $0.00
Mar 22, 2015 $0.00
Mar 29, 2015 $0.00
Apr 5, 2015 $0.00
Apr 12, 2015 $0.00
Apr 19, 2015 $0.00
Apr 26, 2015 $0.00
May 3, 2015 $0.00
May 10, 2015 $0.00
May 17, 2015 $0.00
May 24, 2015 $0.00
May 31, 2015 $0.00
Jun 7, 2015 $0.00
Jun 14, 2015 $0.00
Jun 21, 2015 $0.00
Jun 28, 2015 $0.00
Jul 5, 2015 $0.00
Jul 12, 2015 $0.00
Jul 19, 2015 $0.00
Jul 26, 2015 $0.00
Aug 2, 2015 $0.00
Aug 9, 2015 $0.00
Aug 16, 2015 $0.00
Aug 23, 2015 $0.00
Aug 30, 2015 $0.00
Sep 6, 2015 $0.00
Sep 13, 2015 $0.00
Sep 20, 2015 $0.00
Sep 27, 2015 $0.00
Oct 4, 2015 $0.00
Oct 11, 2015 $0.00
Oct 18, 2015 $0.00
Oct 25, 2015 $0.00
Nov 1, 2015 $0.00
Nov 8, 2015 $0.00
Nov 15, 2015 $0.00
Nov 22, 2015 $0.00
Nov 29, 2015 $0.00
Dec 6, 2015 $0.00
Dec 13, 2015 $0.00
Dec 20, 2015 $0.00
Dec 27, 2015 $0.00
Jan 3, 2016 $0.00
Jan 10, 2016 $0.00
Jan 17, 2016 $0.00
Jan 24, 2016 $0.00
Jan 31, 2016 $0.00
Feb 7, 2016 $0.00
Feb 14, 2016 $0.00
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $0.00
Mar 20, 2016 $0.00
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $0.00
Apr 17, 2016 $0.00
Apr 24, 2016 $0.00
May 1, 2016 $0.00
May 8, 2016 $0.00
May 15, 2016 $0.00
May 22, 2016 $0.00
May 29, 2016 $0.00
Jun 5, 2016 $0.00
Jun 12, 2016 $0.00
Jun 19, 2016 $0.00
Jun 26, 2016 $0.00
Jul 3, 2016 $0.00
Jul 10, 2016 $0.00
Jul 17, 2016 $0.00
Jul 24, 2016 $0.00
Jul 31, 2016 $0.00
Aug 7, 2016 $0.00
Aug 14, 2016 $0.00
Aug 21, 2016 $0.00
Aug 28, 2016 $0.00
Sep 4, 2016 $0.00
Sep 11, 2016 $0.00
Sep 18, 2016 $0.00
Sep 25, 2016 $0.00
Oct 2, 2016 $0.00
Oct 9, 2016 $0.00
Oct 16, 2016 $0.00
Oct 23, 2016 $0.00
Oct 30, 2016 $0.00
Nov 6, 2016 $0.00
Nov 13, 2016 $0.00
Nov 20, 2016 $0.00
Nov 27, 2016 $0.00
Dec 4, 2016 $0.00
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $0.00
Jan 8, 2017 $0.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.00
Feb 5, 2017 $0.00
Feb 12, 2017 $0.00
Feb 19, 2017 $0.00
Feb 26, 2017 $0.00
Mar 5, 2017 $0.00
Mar 12, 2017 $0.00
Mar 19, 2017 $0.00
Mar 26, 2017 $0.00
Apr 2, 2017 $0.00
Apr 9, 2017 $0.00
Apr 16, 2017 $0.00
Apr 23, 2017 $0.00
Apr 30, 2017 $0.00
May 7, 2017 $0.00
May 14, 2017 $0.00
May 21, 2017 $0.00
May 28, 2017 $0.00
Jun 4, 2017 $0.00
Jun 11, 2017 $0.00
Jun 18, 2017 $0.00
Jun 25, 2017 $0.00
Jul 2, 2017 $0.00
Jul 9, 2017 $0.00
Jul 16, 2017 $0.00
Jul 23, 2017 $0.00
Jul 30, 2017 $0.00
Aug 6, 2017 $0.00
Aug 13, 2017 $0.00
Aug 20, 2017 $0.00
Aug 27, 2017 $0.00
Sep 3, 2017 $0.00
Sep 10, 2017 $0.00
Sep 17, 2017 $0.00
Sep 24, 2017 $0.00
Oct 1, 2017 $0.00
Oct 8, 2017 $0.00
Oct 15, 2017 $0.00
Oct 22, 2017 $0.00
Oct 29, 2017 $0.00
Nov 5, 2017 $0.00
Nov 12, 2017 $0.00
Nov 19, 2017 $0.00
Nov 26, 2017 $0.00
Dec 3, 2017 $0.00
Dec 10, 2017 $0.00
Dec 17, 2017 $0.00
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $0.00
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $0.00
Mar 11, 2018 $0.00
Mar 18, 2018 $0.00
Mar 25, 2018 $0.00
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.00
Jun 3, 2018 $0.00
Jun 10, 2018 $0.00
Jun 17, 2018 $0.00
Jun 24, 2018 $0.00
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.00
Aug 19, 2018 $0.00
Aug 26, 2018 $0.00
Sep 2, 2018 $0.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $5.62 Nov 25, 2018 $5.62
Dec 2, 2018 $5.62 Dec 2, 2018 $5.62
Dec 9, 2018 $5.62 Dec 9, 2018 $5.62
Dec 16, 2018 $5.62 Dec 16, 2018 $5.62
Dec 23, 2018 $5.62 Dec 23, 2018 $5.62
Dec 30, 2018 $5.62 Dec 31, 2018 $5.62
Jan 6, 2019 $5.62 Jan 10, 2019 $5.62
Jan 13, 2019 $5.62 Jan 13, 2019 $5.62
Jan 20, 2019 $5.62 Jan 21, 2019 $5.62
Jan 27, 2019 $5.62 Jan 27, 2019 $5.62
Feb 3, 2019 $5.62 Feb 7, 2019 $5.62
Feb 10, 2019 $5.62 Feb 11, 2019 $5.62
Feb 17, 2019 $5.62 Mar 8, 2019 $5.62
Feb 24, 2019 $5.62 Mar 8, 2019 $5.62
Mar 3, 2019 $5.62 Mar 8, 2019 $5.62
Mar 10, 2019 $5.62 Mar 10, 2019 $5.62
Mar 17, 2019 $4.34 Mar 18, 2019 $4.34

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