Entrepreneur
Name
James
Member since
June 2014
On-time repayments
308 installments • 81%
About Me
I am James Wambugu, a Kenyan IT professional, but with a passion for farming.
I was brought up in a rural setting, where indigenous chicken was reared as a hobby as opposed to a commercial venture. Am also venturing in the transport industry which has a lot of potential.
I am currently working as an IT officer with a logistics company, and at the same time rearing indigenous chicken at my rural home.
I am married, with two daughters.
During my free time, i watch a game of football with friends. I am a diehard fan of Arsenal FC.
My Business
The current pandemic has dealt a blow to many businesses and mine was no exception. My motorbikes were unable to bring in any income, as their hours of operation coincided with the curfew hours that was put in place by the government to curb the spread of Covid-19.
I had no option but to sell them.
This time, i want to buy land, with the objective of settling on it and doing commercial poultry farming. I have identified a piece of land that is in a strategic place. I have done due diligence and it is genuine. The land is costing $ 5,000.
Loan Proposal
If I get this loan, I would use it to add another motorbike. The motorbike would cost $950 U.S.D. Another $10 U.S.D. would be used to buy comprehensive insurance.
An additional motorbike would give me an increase of $4 U.S.D. per day, raising my income from $7 U.S.D. to $11 U.S.D. per day.
Repayment would be made from the proceeds of this business.
Since this is an already-running business, it would be easy to meet the weekly repayment schedule.
About Me
I am James Wambugu, a Kenyan IT professional, but with a passion for farming.
I was brought up in a rural setting, where indigenous chicken was reared as a hobby as opposed to a commercial venture. Am also venturing in the transport industry which has a lot of potential.
I am currently working as an IT officer with a logistics company, and at the same time rearing indigenous chicken at my rural home.
I am married, with two daughters.
During my free time, i watch a game of football with friends. I am a diehard fan of Arsenal FC.
My Business
The current pandemic has dealt a blow to many businesses and mine was no exception. My motorbikes were unable to bring in any income, as their hours of operation coincided with the curfew hours that was put in place by the government to curb the spread of Covid-19.
I had no option but to sell them.
This time, i want to buy land, with the objective of settling on it and doing commercial poultry farming. I have identified a piece of land that is in a strategic place. I have done due diligence and it is genuine. The land is costing $ 5,000.
Loan Proposal
If i get this loan, i will use it all to add another motorbike. The motorbike will cost 950 USD. Another 10 USD will be used to buy comprehensive insurance. This extra motorbike will give me an extra 4 USD per day, raising my income from the business to 11 USD.
Repayment will be done from the proceeds of this business. Since its an already running business, it will be easy to meet the weekly repayment amounts.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,002.00
Date disbursed
Jan 17, 2019
Repayment status
On Time
Projected term
20 months
Lenders
Chicago, United States
Germany
Fontvielle, Monaco, Yemen
United States
London, United Kingdom
United States
United States
United States
United States
Germany
Franklin, TN, United States
Saudi Arabia
Houston, United States
United States
United Kingdom
United States
Atlanta, United States
Canada
United Kingdom
Summary
Amount repaid
$1,002.48
Amount remaining
$0.00
Date repaid
Sep 16, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 27, 2019 | $19.71 | Jan 28, 2019 | $19.71 |
| Feb 3, 2019 | $19.71 | Feb 3, 2019 | $19.71 |
| Feb 10, 2019 | $19.71 | Feb 11, 2019 | $19.71 |
| Feb 17, 2019 | $19.71 | Feb 18, 2019 | $19.71 |
| Feb 24, 2019 | $19.71 | Feb 25, 2019 | $19.71 |
| Mar 3, 2019 | $19.71 | Mar 6, 2019 | $19.71 |
| Mar 10, 2019 | $19.71 | Mar 9, 2019 | $19.71 |
| Mar 17, 2019 | $19.71 | Mar 16, 2019 | $19.71 |
| Mar 24, 2019 | $19.71 | Mar 22, 2019 | $19.71 |
| Mar 31, 2019 | $19.71 | Mar 30, 2019 | $19.71 |
| Apr 7, 2019 | $19.71 | Mar 30, 2019 | $19.71 |
| Apr 14, 2019 | $19.71 | Apr 8, 2019 | $9.85 |
| Apr 14, 2019 | $9.85 | ||
| Apr 21, 2019 | $19.71 | Apr 24, 2019 | $19.71 |
| Apr 28, 2019 | $19.71 | Apr 29, 2019 | $19.71 |
| May 5, 2019 | $19.71 | May 7, 2019 | $19.71 |
| May 12, 2019 | $19.71 | May 13, 2019 | $19.71 |
| May 19, 2019 | $19.71 | May 21, 2019 | $19.71 |
| May 26, 2019 | $19.71 | Jun 4, 2019 | $19.71 |
| Jun 2, 2019 | $19.71 | Jun 4, 2019 | $19.71 |
| Jun 9, 2019 | $9.85 | Jun 11, 2019 | $9.85 |
| Jun 16, 2019 | $9.85 | Jun 14, 2019 | $9.85 |
| Jun 23, 2019 | $9.85 | Jun 21, 2019 | $9.85 |
| Jun 30, 2019 | $9.85 | Jun 28, 2019 | $9.85 |
| Jul 7, 2019 | $9.85 | Jul 7, 2019 | $9.85 |
| Jul 14, 2019 | $9.85 | Jul 21, 2019 | $9.85 |
| Jul 21, 2019 | $9.85 | Jul 29, 2019 | $9.85 |
| Jul 28, 2019 | $9.85 | Aug 5, 2019 | $9.85 |
| Aug 4, 2019 | $9.85 | Aug 11, 2019 | $9.85 |
| Aug 11, 2019 | $0.00 | ||
| Aug 18, 2019 | $9.85 | Aug 18, 2019 | $9.85 |
| Aug 25, 2019 | $9.85 | Sep 2, 2019 | $9.85 |
| Sep 1, 2019 | $9.85 | Sep 3, 2019 | $9.85 |
| Sep 8, 2019 | $0.00 | ||
| Sep 15, 2019 | $0.00 | ||
| Sep 22, 2019 | $4.93 | Sep 20, 2019 | $0.99 |
| Sep 22, 2019 | $3.94 | ||
| Sep 29, 2019 | $4.93 | Sep 22, 2019 | $4.93 |
| Oct 6, 2019 | $4.93 | Sep 22, 2019 | $4.93 |
| Oct 13, 2019 | $4.93 | Sep 22, 2019 | $4.93 |
| Oct 20, 2019 | $4.93 | Sep 22, 2019 | $0.99 |
| Sep 26, 2019 | $0.99 | ||
| Sep 27, 2019 | $0.99 | ||
| Sep 28, 2019 | $0.99 | ||
| Oct 3, 2019 | $0.99 | ||
| Oct 27, 2019 | $19.71 | Nov 1, 2019 | $0.99 |
| Nov 4, 2019 | $18.72 | ||
| Nov 3, 2019 | $19.71 | Nov 4, 2019 | $4.93 |
| Nov 9, 2019 | $14.78 | ||
| Nov 10, 2019 | $19.71 | Nov 9, 2019 | $4.93 |
| Nov 16, 2019 | $14.78 | ||
| Nov 17, 2019 | $19.71 | Nov 16, 2019 | $4.93 |
| Nov 24, 2019 | $14.78 | ||
| Nov 24, 2019 | $19.71 | Nov 24, 2019 | $4.93 |
| Nov 26, 2019 | $14.78 | ||
| Dec 1, 2019 | $19.71 | Dec 9, 2019 | $19.71 |
| Dec 8, 2019 | $19.71 | Dec 18, 2019 | $19.71 |
| Dec 15, 2019 | $19.71 | Dec 21, 2019 | $19.71 |
| Dec 22, 2019 | $19.71 | Jan 3, 2020 | $19.71 |
| Dec 29, 2019 | $0.00 | ||
| Jan 5, 2020 | $0.00 | ||
| Jan 12, 2020 | $4.93 | Jan 15, 2020 | $4.93 |
| Jan 19, 2020 | $4.93 | Jan 25, 2020 | $4.93 |
| Jan 26, 2020 | $4.93 | Jan 25, 2020 | $4.93 |
| Feb 2, 2020 | $4.93 | Feb 4, 2020 | $4.93 |
| Feb 9, 2020 | $4.93 | Feb 4, 2020 | $4.93 |
| Feb 16, 2020 | $19.71 | Feb 22, 2020 | $19.71 |
| Feb 23, 2020 | $19.71 | Feb 29, 2020 | $19.71 |
| Mar 1, 2020 | $19.71 | Mar 5, 2020 | $19.71 |
| Mar 8, 2020 | $19.71 | Mar 14, 2020 | $19.71 |
| Mar 15, 2020 | $19.71 | Mar 14, 2020 | $19.71 |
| Mar 22, 2020 | $0.00 | ||
| Mar 29, 2020 | $4.93 | Apr 1, 2020 | $4.93 |
| Apr 5, 2020 | $0.99 | Apr 13, 2020 | $0.99 |
| Apr 12, 2020 | $0.99 | Apr 13, 2020 | $0.99 |
| Apr 19, 2020 | $0.99 | Apr 13, 2020 | $0.99 |
| Apr 26, 2020 | $0.99 | Apr 13, 2020 | $0.99 |
| May 3, 2020 | $0.99 | Apr 13, 2020 | $0.99 |
| May 10, 2020 | $0.00 | ||
| May 17, 2020 | $1.00 | May 23, 2020 | $1.00 |
| May 24, 2020 | $1.00 | May 23, 2020 | $1.00 |
| May 31, 2020 | $1.00 | May 23, 2020 | $1.00 |
| Jun 7, 2020 | $1.00 | May 23, 2020 | $1.00 |
| Jun 14, 2020 | $1.00 | May 23, 2020 | $1.00 |
| Jun 21, 2020 | $19.71 | Jun 22, 2020 | $19.71 |
| Jun 28, 2020 | $19.71 | Jun 29, 2020 | $19.71 |
| Jul 5, 2020 | $19.71 | Jul 6, 2020 | $19.71 |
| Jul 12, 2020 | $0.00 | ||
| Jul 19, 2020 | $4.94 | Jul 16, 2020 | $4.94 |
| Jul 26, 2020 | $4.94 | Jul 16, 2020 | $4.94 |
| Aug 2, 2020 | $4.94 | Jul 16, 2020 | $4.94 |
| Aug 9, 2020 | $4.94 | Jul 16, 2020 | $4.90 |
| Aug 10, 2020 | $0.04 | ||
| Aug 16, 2020 | $4.94 | Aug 10, 2020 | $4.94 |
| Aug 23, 2020 | $19.71 | Aug 10, 2020 | $14.73 |
| Aug 18, 2020 | $4.98 | ||
| Aug 30, 2020 | $19.71 | Aug 18, 2020 | $19.71 |
| Sep 6, 2020 | $19.71 | Sep 8, 2020 | $19.71 |
| Sep 13, 2020 | $19.71 | Sep 16, 2020 | $19.71 |
| Sep 20, 2020 | $7.10 | Sep 16, 2020 | $7.10 |
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