Entrepreneur
Name
Francis
Member since
October 2010
On-time repayments
128 installments • 18%
About Me
My name is francis Nganga mwangi, I am a Kenyan aged 43 years, I am married and working on semi-permanent basis at Mugaa secondary school .
My Business
I own a business where I supplement my earnings to cater for my family, from it I have been able to meet my family needs. To pay fees for my 1st daughter who is in the university and two daughters in the secondary school. And to do some farming.
My business operate at a capital margin of about Kshs 10000 where am able to buy 3-4 sheep from market and slaughter them in three days. The rate of consumption is high but my capital is not able to service it for a week. With a stock of ten sheep I will be able to enlarge my business to serve more customers thus making a higher profit.
I am now requesting zidisha to loan me 30,000 at an interest rate of 5%, grace period of 12 month, credit period of one year. With this loan I will be able to boost my business to serve more customers thus making a higher profit to be able to meet my family needs and repay the loan
Loan Proposal
it has been my wish to expand my butchery shop .I have been selling beef and mutton .Now i will buy my own sheep ,goat and cow and slaughter them on my own instead of buying ready made meat To assist in keeping the meat fresh i am going to buy a refrigarator My customers are botherinmg me they want me to be selling chicken so i will bring for them chicken and fish
Feedback
Positive
4
Neutral
None
Negative
2
Loan Info
Project Type
Classic Loan
Disbursed amount
$779.00
Date disbursed
Jan 18, 2011
Repayment status
On Time
Projected term
23 months
Other loans
Lenders
Ask Francis a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$868.49
Amount remaining
$0.00
Date repaid
Mar 4, 2012
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 18, 2011 | $75.06 | Mar 18, 2011 | $75.06 |
| Apr 18, 2011 | $75.06 | Mar 18, 2011 | $8.69 |
| Apr 18, 2011 | $66.38 | ||
| May 18, 2011 | $75.06 | Apr 18, 2011 | $17.38 |
| May 21, 2011 | $53.75 | ||
| May 31, 2011 | $3.94 | ||
| Jun 18, 2011 | $75.06 | May 31, 2011 | $21.06 |
| Jun 19, 2011 | $54.00 | ||
| Jul 18, 2011 | $75.06 | Jun 19, 2011 | $21.63 |
| Jul 19, 2011 | $53.44 | ||
| Aug 18, 2011 | $75.06 | Jul 19, 2011 | $22.81 |
| Aug 21, 2011 | $42.50 | ||
| Aug 24, 2011 | $9.75 | ||
| Sep 18, 2011 | $0.00 | ||
| Oct 18, 2011 | $0.00 | ||
| Nov 18, 2011 | $32.16 | Aug 24, 2011 | $23.13 |
| Oct 9, 2011 | $9.04 | ||
| Dec 18, 2011 | $32.16 | Oct 9, 2011 | $15.96 |
| Nov 6, 2011 | $16.20 | ||
| Jan 18, 2012 | $32.16 | Nov 6, 2011 | $23.05 |
| Nov 18, 2011 | $9.11 | ||
| Feb 18, 2012 | $32.16 | Nov 18, 2011 | $32.16 |
| Mar 18, 2012 | $32.16 | Nov 18, 2011 | $11.23 |
| Dec 18, 2011 | $20.94 | ||
| Apr 18, 2012 | $32.16 | Dec 18, 2011 | $32.16 |
| May 18, 2012 | $32.16 | Dec 18, 2011 | $32.16 |
| Jun 18, 2012 | $32.16 | Dec 18, 2011 | $12.24 |
| Jan 22, 2012 | $19.93 | ||
| Jul 18, 2012 | $32.16 | Jan 22, 2012 | $28.83 |
| Feb 22, 2012 | $3.34 | ||
| Aug 18, 2012 | $32.16 | Feb 22, 2012 | $32.16 |
| Sep 18, 2012 | $32.16 | Feb 22, 2012 | $13.25 |
| Feb 27, 2012 | $18.91 | ||
| Oct 18, 2012 | $32.16 | Feb 27, 2012 | $29.84 |
| Feb 29, 2012 | $2.33 | ||
| Nov 18, 2012 | $32.16 | Feb 29, 2012 | $15.18 |
| Mar 4, 2012 | $16.94 | ||
Loading...