Layers for my business

James

Langa, Kenya

100% repaid

Entrepreneur

Name

James

Member since

October 2017

On-time repayments

24 installments  •  100%

About Me

Am James Maina born and raised in kenya. I joined st Anthony secondary and after I completed my o'level education was unable to join college due to financial difficulties. I was employed in a workshops and after two years I decided to be my own boss. I started small business which stayed for long without picking though I did lose hope.

My Business

After I employed my self my business of sell pop corns did work well. I changed the business and started buy eggs from farmers which has been helping me till today. This business has been enabling me meet my daily needs, saves and also pay rent. It has grown gradually since I have started supplying to small hotels in town.

Loan Proposal

With this loan, I have planned to use 100$ to buy 25 medium chicks for layers @ 4$ each and buy 70kg chick feed @22$. I have made a good shelter where they will all grow in. I found this idea more fruitful and more cheaper in regard with my business since once this chicks grow up and start laying eggs it will boost my business and profit will rise since at the moment am able to sell 50 trays of eggs and each gives me 1.5$ and this sum up to a total profit of 75$ a day. This will help me pay loan, meet my daily living, save and be able to feed my chicks. Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$122.00

Date disbursed

Apr 27, 2018

Repayment status

On Time

Projected term

3 months

Lenders

Ren

Minneapolis/StPaul, United States

M

Margaret

United States

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Summary

Amount repaid

$122.05

Amount remaining

$0.00

Date repaid

Aug 11, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 6, 2018 $23.65 May 6, 2018 $23.65
May 13, 2018 $23.65 May 13, 2018 $23.65
May 20, 2018 $23.65 May 20, 2018 $23.65
May 27, 2018 $0.00
Jun 3, 2018 $2.97 May 30, 2018 $2.97
Jun 10, 2018 $2.97 May 30, 2018 $2.97
Jun 17, 2018 $2.97 May 30, 2018 $2.97
Jun 24, 2018 $2.97 May 30, 2018 $2.93
Jun 10, 2018 $0.04
Jul 1, 2018 $2.97 Jun 10, 2018 $2.97
Jul 8, 2018 $8.82 Jun 10, 2018 $8.82
Jul 15, 2018 $2.97 Jun 18, 2018 $2.97
Jul 22, 2018 $2.97 Jun 18, 2018 $2.97
Jul 29, 2018 $2.97 Jun 18, 2018 $2.97
Aug 5, 2018 $2.97 Jun 18, 2018 $0.96
Jun 27, 2018 $2.01
Aug 12, 2018 $2.97 Jun 27, 2018 $2.97
Aug 19, 2018 $12.62 Jun 27, 2018 $2.91
Jul 16, 2018 $7.39
Jul 23, 2018 $2.17
Aug 11, 2018 $0.16

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