Entrepreneur
Name
Stephene
Member since
May 2016
On-time repayments
131 installments • 34%
About Me
My name is Steve Wamusoro come from Kakamega County. I am a first born in a family of eight, six boys and 2 girls. I completed my primary and secondary education and later joined college which I did course for business management. My parents depend on mainly crop and livestock farming.
I am married with three children, two girls and one boy. After two years of struggle with crop farming my parents gave me two dairy calves to raise and with time they grew up, matured and produced a calf and I started to engage in livestock farming mainly dairy farming which I started to sell milk, since the market is readily available on daily basis and prompt payment after sales every month.
My Business
I started this business two years ago with a capital of Ksh100, 000 from my dairy farming. I sell both fresh, fermented milk and other milk products to consumers. I also have individuals whom I have contracted to deliver the milk to me from places like big restaurants, schools, and hospitals and also retail shops which I am selling to them at a wholesale price. I choose this business because I observed the market gap that was there and found out that people who are doing this business are selling the milk products at a higher price because they are also buying from other farmers. I am selling at a cheaper and wholesale price because I am a dairy farmer, and also market is readily available on daily basis. I am also located in a busy terminus with large inflow and outflow of people. With this business, I have been able to put through my kids in school and also taken care of my family needs.
Loan Proposal
I am requesting for a loan expand my milk business. I want to construct a restaurant by expanding my current room so that customers who want to eat can have their meals. This means that I have a facelift of my business so that it appears comfortable and attractive. I want to have a change in the layout and have furniture. This will include changing carpets and furniture. I will not be able to raise the total amount of money required for facelift but am ready to top up with the amount I have been saving. With this I will attract more customers and thus to increase my sales which translates to more profits.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
May 30, 2016
Repayment status
On Time
Projected term
16 months
Other loans
Lenders
Summary
Amount repaid
$210.00
Amount remaining
$0.00
Date repaid
Jan 14, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 11, 2016 | $3.04 | Jun 9, 2016 | $3.04 |
| Jun 18, 2016 | $3.04 | Jun 18, 2016 | $3.04 |
| Jun 25, 2016 | $3.04 | Jun 18, 2016 | $1.01 |
| Jun 25, 2016 | $2.03 | ||
| Jul 2, 2016 | $3.04 | Jun 25, 2016 | $2.03 |
| Jul 1, 2016 | $1.01 | ||
| Jul 9, 2016 | $3.04 | Jul 1, 2016 | $3.04 |
| Jul 16, 2016 | $3.04 | Jul 1, 2016 | $1.01 |
| Jul 8, 2016 | $2.03 | ||
| Jul 23, 2016 | $3.04 | Jul 8, 2016 | $2.03 |
| Jul 16, 2016 | $1.01 | ||
| Jul 30, 2016 | $3.04 | Jul 16, 2016 | $3.04 |
| Aug 6, 2016 | $3.04 | Jul 16, 2016 | $1.01 |
| Jul 22, 2016 | $2.03 | ||
| Aug 13, 2016 | $3.04 | Jul 22, 2016 | $3.04 |
| Aug 20, 2016 | $3.04 | Jul 30, 2016 | $3.04 |
| Aug 27, 2016 | $3.04 | Jul 30, 2016 | $2.03 |
| Aug 6, 2016 | $1.01 | ||
| Sep 3, 2016 | $3.04 | Aug 6, 2016 | $3.04 |
| Sep 10, 2016 | $3.04 | Aug 6, 2016 | $1.01 |
| Aug 13, 2016 | $2.03 | ||
| Sep 17, 2016 | $3.04 | Aug 13, 2016 | $3.04 |
| Sep 24, 2016 | $3.04 | Aug 20, 2016 | $3.04 |
| Oct 1, 2016 | $3.04 | Aug 20, 2016 | $1.01 |
| Aug 28, 2016 | $2.03 | ||
| Oct 8, 2016 | $3.04 | Aug 28, 2016 | $3.04 |
| Oct 15, 2016 | $3.04 | Sep 3, 2016 | $3.04 |
| Oct 22, 2016 | $3.04 | Sep 3, 2016 | $3.04 |
| Oct 29, 2016 | $3.04 | Sep 10, 2016 | $3.04 |
| Nov 5, 2016 | $3.04 | Sep 10, 2016 | $2.03 |
| Sep 18, 2016 | $1.01 | ||
| Nov 12, 2016 | $3.04 | Sep 18, 2016 | $2.03 |
| Sep 25, 2016 | $1.01 | ||
| Nov 19, 2016 | $3.04 | Sep 25, 2016 | $2.03 |
| Oct 2, 2016 | $1.01 | ||
| Nov 26, 2016 | $3.04 | Oct 2, 2016 | $2.03 |
| Oct 13, 2016 | $1.01 | ||
| Dec 3, 2016 | $3.04 | Oct 13, 2016 | $3.04 |
| Dec 10, 2016 | $3.04 | Oct 13, 2016 | $1.01 |
| Oct 24, 2016 | $2.03 | ||
| Dec 17, 2016 | $3.04 | Oct 24, 2016 | $2.03 |
| Nov 3, 2016 | $1.01 | ||
| Dec 24, 2016 | $3.04 | Nov 3, 2016 | $2.03 |
| Nov 5, 2016 | $1.01 | ||
| Dec 31, 2016 | $3.04 | Nov 5, 2016 | $3.04 |
| Jan 7, 2017 | $3.04 | Nov 5, 2016 | $1.01 |
| Nov 16, 2016 | $2.03 | ||
| Jan 14, 2017 | $3.04 | Nov 16, 2016 | $3.04 |
| Jan 21, 2017 | $3.04 | Nov 19, 2016 | $3.04 |
| Jan 28, 2017 | $3.04 | Nov 19, 2016 | $2.03 |
| Nov 27, 2016 | $1.01 | ||
| Feb 4, 2017 | $3.04 | Nov 27, 2016 | $3.04 |
| Feb 11, 2017 | $3.04 | Nov 27, 2016 | $3.04 |
| Feb 18, 2017 | $3.04 | Nov 27, 2016 | $2.03 |
| Dec 5, 2016 | $1.01 | ||
| Feb 25, 2017 | $3.04 | Dec 5, 2016 | $3.04 |
| Mar 4, 2017 | $3.04 | Dec 5, 2016 | $1.01 |
| Dec 11, 2016 | $2.03 | ||
| Mar 11, 2017 | $3.04 | Dec 11, 2016 | $3.04 |
| Mar 18, 2017 | $3.04 | Dec 18, 2016 | $3.04 |
| Mar 25, 2017 | $3.04 | Dec 18, 2016 | $2.03 |
| Dec 20, 2016 | $1.01 | ||
| Apr 1, 2017 | $3.04 | Dec 20, 2016 | $3.04 |
| Apr 8, 2017 | $3.04 | Dec 20, 2016 | $3.04 |
| Apr 15, 2017 | $3.04 | Dec 20, 2016 | $3.04 |
| Apr 22, 2017 | $3.04 | Dec 20, 2016 | $3.04 |
| Apr 29, 2017 | $3.04 | Dec 20, 2016 | $2.03 |
| Dec 25, 2016 | $1.01 | ||
| May 6, 2017 | $3.04 | Dec 25, 2016 | $3.04 |
| May 13, 2017 | $3.04 | Dec 25, 2016 | $3.04 |
| May 20, 2017 | $3.04 | Dec 25, 2016 | $3.04 |
| May 27, 2017 | $3.04 | Dec 25, 2016 | $3.04 |
| Jun 3, 2017 | $3.04 | Dec 25, 2016 | $3.04 |
| Jun 10, 2017 | $3.04 | Dec 25, 2016 | $3.04 |
| Jun 17, 2017 | $3.04 | Dec 25, 2016 | $1.01 |
| Dec 29, 2016 | $2.03 | ||
| Jun 24, 2017 | $3.04 | Dec 29, 2016 | $3.04 |
| Jul 1, 2017 | $3.04 | Jan 4, 2017 | $3.04 |
| Jul 8, 2017 | $3.04 | Jan 4, 2017 | $3.04 |
| Jul 15, 2017 | $3.04 | Jan 4, 2017 | $3.04 |
| Jul 22, 2017 | $3.04 | Jan 4, 2017 | $3.04 |
| Jul 29, 2017 | $3.04 | Jan 4, 2017 | $3.04 |
| Aug 5, 2017 | $3.04 | Jan 4, 2017 | $3.04 |
| Aug 12, 2017 | $3.04 | Jan 4, 2017 | $2.03 |
| Jan 6, 2017 | $1.01 | ||
| Aug 19, 2017 | $3.04 | Jan 6, 2017 | $3.04 |
| Aug 26, 2017 | $3.04 | Jan 6, 2017 | $1.01 |
| Jan 12, 2017 | $2.03 | ||
| Sep 2, 2017 | $3.04 | Jan 12, 2017 | $3.04 |
| Sep 9, 2017 | $3.04 | Jan 14, 2017 | $3.04 |
| Sep 16, 2017 | $3.04 | Jan 14, 2017 | $3.04 |
| Sep 23, 2017 | $3.04 | Jan 14, 2017 | $3.04 |
| Sep 30, 2017 | $3.04 | Jan 14, 2017 | $3.04 |
| Oct 7, 2017 | $0.03 | Jan 14, 2017 | $0.03 |
Ask Stephene a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.