Loan to buy farming equipment

Mwaura

Bombolulu, Kenya

53% repaid

Entrepreneur

Name

Mwaura

Member since

March 2014

On-time repayments

201 installments  •  24%

About Me

I am Peter Mwaura. I was born in Nakuru county but later re-located to Mombasa where I run a small scale business. I am married to one wife with two children - a girl aged 9 years and a boy aged 5 years and they are both in school. My wife is not in formal employement and I am the sole bread winner of the family.
I live in a rented house and I do business in Mombasa town which is about 8 kilometers away where I use public transport to get there. I am a hardworking person and I believe I can take my business to even greater height if given the much needed credit from Zidisha.

I promise to use the money wisely and for the purpose of expanding my business only.

My Business

My business entails selling small quantities of hardware materials namely, plumbing materials, chains, nails etc. I normally source my supplies from wholesalers but I also deal with second hand materials. My monthly income after all the expenses is an average of $200.00. My desire is to increase my stock to include electrical materials so as to boost my income. The demand for this materials is very high in Mombasa due to the rapid expansion of the city. My main handicap is finances to expand my small business.

I therefore appeal to lenders to assist me raise this amount so as to realize my dream.

Loan Proposal

This is my second loan application at Zidisha having successfully repaid the first one. This time, I want to expand my horizons and invest in farming equipment. Our Kenyan government is currently encouraging young people to move from urban areas and go to the countryside and do farming so as to curb the rural-urban migration.

I want to take this advantage and stock the following farming equipment

1. Assorted hoes - 20 pcs at a total cost of $180
2. Fork Jembes - 10 pcs at a total cost of $100
3. Slashers - 15 pcs at a total cost of $80
4. Spray pumps 4 pcs at a total cost of $100

I have done proper feasibility study and I am sure this will be a success just like the first project.

Thank you.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$467.00

Date disbursed

Sep 6, 2014

Repayment status

Late

Projected term

42 months

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Summary

Amount repaid

$350.43

Amount remaining

$313.37

Expected completion

Mar 17, 2018

Status

Repaying late

Installment amount

$3.45

Repayment History

Expected Payments Actual Payments
Sep 13, 2014 $8.47 Sep 13, 2014 $8.47
Sep 20, 2014 $8.47 Sep 13, 2014 $0.72
Sep 19, 2014 $7.75
Sep 27, 2014 $8.47 Sep 19, 2014 $1.45
Sep 26, 2014 $7.02
Oct 4, 2014 $8.47 Sep 26, 2014 $2.17
Oct 4, 2014 $6.30
Oct 11, 2014 $8.47 Oct 4, 2014 $2.90
Oct 10, 2014 $5.57
Oct 18, 2014 $8.47 Oct 10, 2014 $3.62
Oct 17, 2014 $4.85
Oct 25, 2014 $8.47 Oct 17, 2014 $4.34
Oct 25, 2014 $4.13
Nov 1, 2014 $8.47 Oct 25, 2014 $5.07
Nov 1, 2014 $3.40
Nov 8, 2014 $8.47 Nov 1, 2014 $5.79
Nov 8, 2014 $2.64
Nov 16, 2014 $0.03
Nov 15, 2014 $8.47 Nov 16, 2014 $8.47
Nov 22, 2014 $8.47 Nov 16, 2014 $0.69
Nov 23, 2014 $7.78
Nov 29, 2014 $8.47 Nov 23, 2014 $1.41
Dec 4, 2014 $6.90
Dec 13, 2014 $0.16
Dec 6, 2014 $8.47 Dec 13, 2014 $8.25
Dec 26, 2014 $0.22
Dec 13, 2014 $8.47 Dec 26, 2014 $8.47
Dec 20, 2014 $8.47 Dec 26, 2014 $2.80
Dec 31, 2014 $5.67
Dec 27, 2014 $8.47 Dec 31, 2014 $0.08
Jan 3, 2015 $8.39
Jan 3, 2015 $8.47 Jan 3, 2015 $0.03
Jan 11, 2015 $8.43
Jan 17, 2015 $0.01
Jan 10, 2015 $8.47 Jan 17, 2015 $8.41
Jan 22, 2015 $0.06
Jan 17, 2015 $8.47 Jan 22, 2015 $8.47
Jan 24, 2015 $8.47 Jan 22, 2015 $0.67
Jan 31, 2015 $7.80
Jan 31, 2015 $8.47 Jan 31, 2015 $0.62
Feb 8, 2015 $7.85
Feb 7, 2015 $8.47 Feb 8, 2015 $0.57
Feb 16, 2015 $7.90
Feb 14, 2015 $8.47 Feb 16, 2015 $0.15
Feb 25, 2015 $8.05
Mar 2, 2015 $0.28
Feb 21, 2015 $8.47 Mar 2, 2015 $5.47
Mar 9, 2015 $3.00
Feb 28, 2015 $8.47 Mar 9, 2015 $1.60
Mar 15, 2015 $6.87
Mar 7, 2015 $8.47 Mar 15, 2015 $1.17
Mar 29, 2015 $7.30
Mar 14, 2015 $8.47 Mar 29, 2015 $1.32
Apr 13, 2015 $7.15
Mar 21, 2015 $8.47 Apr 13, 2015 $0.32
Apr 24, 2015 $8.15
Mar 28, 2015 $8.47 Apr 24, 2015 $8.47
Apr 4, 2015 $8.47 Apr 24, 2015 $6.37
Apr 27, 2015 $2.10
Apr 11, 2015 $8.47 Apr 27, 2015 $4.79
May 1, 2015 $3.68
Apr 18, 2015 $8.47 May 1, 2015 $5.52
May 3, 2015 $2.95
Apr 25, 2015 $8.47 May 3, 2015 $6.24
May 4, 2015 $2.23
May 2, 2015 $8.47 May 4, 2015 $1.22
Jul 13, 2015 $7.25
May 9, 2015 $1.48 Jul 13, 2015 $1.37
Sep 26, 2015 $0.11
May 16, 2015 $0.00
May 23, 2015 $0.00
May 30, 2015 $0.00
Jun 6, 2015 $0.00
Jun 13, 2015 $0.00
Jun 20, 2015 $0.00
Jun 27, 2015 $0.00
Jul 4, 2015 $0.00
Jul 11, 2015 $0.00
Jul 18, 2015 $0.00
Jul 25, 2015 $0.00
Aug 1, 2015 $0.00
Aug 8, 2015 $0.00
Aug 15, 2015 $0.00
Aug 22, 2015 $0.00
Aug 29, 2015 $0.00
Sep 5, 2015 $0.00
Sep 12, 2015 $0.00
Sep 19, 2015 $0.00
Sep 26, 2015 $5.75 Sep 26, 2015 $5.63
Oct 5, 2015 $0.11
Oct 3, 2015 $5.75 Oct 5, 2015 $5.63
Oct 18, 2015 $0.11
Oct 10, 2015 $5.75 Oct 18, 2015 $5.63
Oct 26, 2015 $0.11
Oct 17, 2015 $5.75 Oct 26, 2015 $5.63
May 5, 2016 $0.11
Oct 24, 2015 $5.75 May 5, 2016 $5.75
Oct 31, 2015 $5.75 May 5, 2016 $5.63
May 8, 2016 $0.11
Nov 7, 2015 $0.00
Nov 14, 2015 $0.00
Nov 21, 2015 $0.00
Nov 28, 2015 $0.00
Dec 5, 2015 $0.00
Dec 12, 2015 $0.00
Dec 19, 2015 $0.00
Dec 26, 2015 $0.00
Jan 2, 2016 $0.00
Jan 9, 2016 $0.00
Jan 16, 2016 $0.00
Jan 23, 2016 $0.00
Jan 30, 2016 $0.00
Feb 6, 2016 $0.00
Feb 13, 2016 $0.00
Feb 20, 2016 $0.00
Feb 27, 2016 $0.00
Mar 5, 2016 $0.00
Mar 12, 2016 $0.00
Mar 19, 2016 $0.00
Mar 26, 2016 $0.00
Apr 2, 2016 $0.00
Apr 9, 2016 $0.00
Apr 16, 2016 $0.00
Apr 23, 2016 $0.00
Apr 30, 2016 $0.00
May 7, 2016 $3.45 May 8, 2016 $3.33
Jun 11, 2016 $0.11
May 14, 2016 $3.45 Jun 11, 2016 $3.33
Jun 25, 2016 $0.11
May 21, 2016 $3.45 Jun 25, 2016 $3.33
Sep 10, 2016 $0.11
May 28, 2016 $3.45 Sep 10, 2016 $3.33
Oct 1, 2016 $0.11
Jun 4, 2016 $3.45 Oct 1, 2016 $3.33
Jan 4, 2018 $0.11
Jun 11, 2016 $3.45 Jan 4, 2018 $3.45
Jun 18, 2016 $3.45 Jan 4, 2018 $2.18
Jan 8, 2018 $1.26
Jun 25, 2016 $3.45 Jan 8, 2018 $2.18
Jul 2, 2016 $3.45
Jul 9, 2016 $3.45
Jul 16, 2016 $3.45
Jul 23, 2016 $3.45
Jul 30, 2016 $3.45
Aug 6, 2016 $3.45
Aug 13, 2016 $3.45
Aug 20, 2016 $3.45
Aug 27, 2016 $3.45
Sep 3, 2016 $3.45
Sep 10, 2016 $3.45
Sep 17, 2016 $3.45
Sep 24, 2016 $3.45
Oct 1, 2016 $3.45
Oct 8, 2016 $3.45
Oct 15, 2016 $3.45
Oct 22, 2016 $3.45
Oct 29, 2016 $3.45
Nov 5, 2016 $3.45
Nov 12, 2016 $3.45
Nov 19, 2016 $3.45
Nov 26, 2016 $3.45
Dec 3, 2016 $3.45
Dec 10, 2016 $3.45
Dec 17, 2016 $3.45
Dec 24, 2016 $3.45
Dec 31, 2016 $3.45
Jan 7, 2017 $3.45
Jan 14, 2017 $3.45
Jan 21, 2017 $3.45
Jan 28, 2017 $3.45
Feb 4, 2017 $3.45
Feb 11, 2017 $3.45
Feb 18, 2017 $3.45
Feb 25, 2017 $3.45
Mar 4, 2017 $3.45
Mar 11, 2017 $3.45
Mar 18, 2017 $3.45
Mar 25, 2017 $3.45
Apr 1, 2017 $3.45
Apr 8, 2017 $3.45
Apr 15, 2017 $3.45
Apr 22, 2017 $3.45
Apr 29, 2017 $3.45
May 6, 2017 $3.45
May 13, 2017 $3.45
May 20, 2017 $3.45
May 27, 2017 $3.45
Jun 3, 2017 $3.45
Jun 10, 2017 $3.45
Jun 17, 2017 $3.45
Jun 24, 2017 $3.45
Jul 1, 2017 $3.45
Jul 8, 2017 $3.45
Jul 15, 2017 $3.45
Jul 22, 2017 $3.45
Jul 29, 2017 $3.45
Aug 5, 2017 $3.45
Aug 12, 2017 $3.45
Aug 19, 2017 $3.45
Aug 26, 2017 $3.45
Sep 2, 2017 $3.45
Sep 9, 2017 $3.45
Sep 16, 2017 $3.45
Sep 23, 2017 $3.45
Sep 30, 2017 $3.45
Oct 7, 2017 $3.45
Oct 14, 2017 $3.45
Oct 21, 2017 $3.45
Oct 28, 2017 $3.45
Nov 4, 2017 $3.45
Nov 11, 2017 $3.45
Nov 18, 2017 $3.45
Nov 25, 2017 $3.45
Dec 2, 2017 $3.45
Dec 9, 2017 $3.45
Dec 16, 2017 $3.45
Dec 23, 2017 $3.45
Dec 30, 2017 $3.45
Jan 6, 2018 $3.45
Jan 13, 2018 $3.45
Jan 20, 2018 $3.45
Jan 27, 2018 $3.45
Feb 3, 2018 $3.45
Feb 10, 2018 $3.45
Feb 17, 2018 $3.45
Feb 24, 2018 $3.45
Mar 3, 2018 $3.45
Mar 10, 2018 $3.45
Mar 17, 2018 $5.32

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