Entrepreneur
Name
Richard
Member since
February 2015
On-time repayments
110 installments • 27%
About Me
Mr. Richard Moseti Mongare is a graduate in Business and Management has expertise and knowledge farming that has helped raise school fees for my studies in campus. During long holidays i could manage the family farm as well teach in the nearby secondary school. Support is required to boost my small-scale project in the fields of agriculture (poultry keeping) on economic development. Currently i have constructed poultry house that can keep 100 chickens. After the construction of the house i got accident that made me spend all savings that i could have used to purchase the chicks.
My Business
My business is to raise Kienyeji chickens that are on high demand in the market. Maturity of the breed i intend raise is four months and would weigh up to two kilograms if well fed. The prevailing market price for one chick is Kes. 100 and a mature chicken goes for between Kes 650 to Kes 700. Hence making the venture more profitable. The profit i will get is to expand the business.
Loan Proposal
The loan will enable me increase the number of chickens to 75 in number at $2 , buy feeds 6 bags of feeds at $ 25 per bag, vaccines and add feeding equipment at $50. the first , second l and third loans have opened way for bright business future which was a challenge to start due to lack of capital. However with Zidisha team help i can now smile for a bright future.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$373.00
Date disbursed
Jul 25, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
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Summary
Amount repaid
$389.69
Amount remaining
$0.00
Date repaid
Oct 23, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 2, 2015 | $27.84 | Aug 1, 2015 | $27.84 |
| Aug 9, 2015 | $27.84 | Aug 8, 2015 | $27.84 |
| Aug 16, 2015 | $27.84 | Aug 15, 2015 | $27.84 |
| Aug 23, 2015 | $27.84 | Aug 23, 2015 | $27.84 |
| Aug 30, 2015 | $27.84 | Aug 25, 2015 | $27.84 |
| Sep 6, 2015 | $27.84 | Sep 5, 2015 | $27.84 |
| Sep 13, 2015 | $27.84 | Sep 5, 2015 | $27.84 |
| Sep 20, 2015 | $27.84 | Sep 25, 2015 | $27.84 |
| Sep 27, 2015 | $27.84 | Sep 28, 2015 | $27.84 |
| Oct 4, 2015 | $27.84 | Oct 8, 2015 | $27.84 |
| Oct 11, 2015 | $27.84 | Oct 23, 2015 | $27.84 |
| Oct 18, 2015 | $27.84 | Oct 24, 2015 | $27.84 |
| Oct 25, 2015 | $27.84 | Oct 24, 2015 | $27.84 |
| Nov 1, 2015 | $27.84 | Oct 24, 2015 | $27.84 |
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