Name
Cyrus
Member since
January 2015
On-time repayments
135 installments • 18%
My names are Cyrus muthii Maina ,I am 27 years born from Nyeri county Tetu subcounty kimathi location ,that is about 160 kilometres from Nairobi just at the slopes of the aberdare ranges. I am the second born in a family of 4 that is 3 boys and one girl after finishing my primary education I was not able to proceed to secondary due to understandable issues money being one of them. I have tried all sorts of odd jobs and I am so happy that regardless the circumstances I have been able to stand, I have been employed as a labourer in different farms and also as a herdsman in peoples homesteads. After trying all sorts of jobs and seeing I was not successful I started a charcoal business three years ago. It was easy to start since in our home we had a lot of bluegum trees and so I started as a charcoal burner. I could burn charcoal and sell to buyers who were locally available although they didn't buy at a good price I was happy since I had a business to rely on and mostly with good income and no bosses to supervise me.
I started my business three years ago when I had no idea of anything else to do this was because I was tired of working for other people in my village and this made me to try my luck in charcoal burning business using some trees in my fathers farum it was not that easy but I thank God that after so much struggle I managed to establish a firm network between the burners and retailers ,in Nyeri county it is a very cold area since it is between the aberdare ranges and the slopes if mt Kenya this means that a lot of people use charcoal to warm their homes mostly the ones in the urban areas and this makes the product a first moving product ,the only problems are transport and lack of customers .I have contacts for some retailers in the nearby town where I supply them in wholesale and they sell in small quantities. One bag costs 800ksh in my village and I sell at 1400ksh in town ,plus a transport of 150ksh this means that if I buy a bag of charcoal from other burners I get a profit of 450ksh,sometimes I sell two or three bags depending with demand. I believe that i f I can get financial support I can be able to get more customers and that way maximize my profits.
I am requesting for a loan of 23828ksh to buy more stock of charcoal for my store which i am to open by the end of this month , this will help me to add more profits since i have been just selling to the retailers in wholesale currently plans are underway for a new stall where i will sell in wholesale and also in small quantities this will probably double my current profits if all goes according to my plan, i am also looking forward to purchase my own motorbike in the near future
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$264.00
Date disbursed
May 4, 2015
Repayment status
Late
Projected term
28 months
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Amount repaid
$79.44
Amount remaining
$198.11
Expected completion
Sep 24, 2017
Status
Repaying late
Installment amount
$2.22
Expected Payments | Actual Payments | ||
---|---|---|---|
May 17, 2015 | $5.54 | May 20, 2015 | $5.54 |
May 24, 2015 | $5.54 | May 20, 2015 | $5.54 |
May 31, 2015 | $5.54 | May 20, 2015 | $0.02 |
Jun 1, 2015 | $5.52 | ||
Jun 7, 2015 | $5.54 | Jun 1, 2015 | $0.03 |
Jun 14, 2015 | $5.51 | ||
Jun 14, 2015 | $5.54 | Jun 14, 2015 | $0.04 |
Jun 19, 2015 | $5.50 | ||
Jun 21, 2015 | $5.54 | Jun 19, 2015 | $5.54 |
Jun 28, 2015 | $5.54 | Jun 19, 2015 | $0.07 |
Jun 29, 2015 | $5.48 | ||
Jul 5, 2015 | $5.54 | Jun 29, 2015 | $0.08 |
Jul 10, 2015 | $5.47 | ||
Jul 12, 2015 | $5.54 | Jul 10, 2015 | $0.09 |
Jul 18, 2015 | $5.46 | ||
Jul 19, 2015 | $0.10 | Jul 18, 2015 | $0.10 |
Jul 26, 2015 | $0.00 | ||
Aug 2, 2015 | $0.00 | ||
Aug 9, 2015 | $0.00 | ||
Aug 16, 2015 | $0.00 | ||
Aug 23, 2015 | $2.78 | Aug 24, 2015 | $2.78 |
Aug 30, 2015 | $0.00 | ||
Sep 6, 2015 | $0.00 | ||
Sep 13, 2015 | $0.00 | ||
Sep 20, 2015 | $0.00 | ||
Sep 27, 2015 | $0.00 | ||
Oct 4, 2015 | $2.22 | Oct 14, 2015 | $2.22 |
Oct 11, 2015 | $2.22 | Oct 31, 2015 | $2.22 |
Oct 18, 2015 | $0.00 | ||
Oct 25, 2015 | $0.00 | ||
Nov 1, 2015 | $0.00 | ||
Nov 8, 2015 | $2.22 | Mar 12, 2019 | $2.22 |
Nov 15, 2015 | $2.22 | Mar 12, 2019 | $2.22 |
Nov 22, 2015 | $2.22 | Mar 12, 2019 | $2.22 |
Nov 29, 2015 | $2.22 | Mar 12, 2019 | $2.22 |
Dec 6, 2015 | $2.22 | Mar 12, 2019 | $2.22 |
Dec 13, 2015 | $2.22 | Mar 12, 2019 | $2.22 |
Dec 20, 2015 | $2.22 | Mar 12, 2019 | $2.22 |
Dec 27, 2015 | $2.22 | Mar 12, 2019 | $2.22 |
Jan 3, 2016 | $2.22 | Mar 12, 2019 | $2.22 |
Jan 10, 2016 | $2.22 | Mar 12, 2019 | $2.22 |
Jan 17, 2016 | $2.22 | ||
Jan 24, 2016 | $2.22 | ||
Jan 31, 2016 | $2.22 | ||
Feb 7, 2016 | $2.22 | ||
Feb 14, 2016 | $2.22 | ||
Feb 21, 2016 | $2.22 | ||
Feb 28, 2016 | $2.22 | ||
Mar 6, 2016 | $2.22 | ||
Mar 13, 2016 | $2.22 | ||
Mar 20, 2016 | $2.22 | ||
Mar 27, 2016 | $2.22 | ||
Apr 3, 2016 | $2.22 | ||
Apr 10, 2016 | $2.22 | ||
Apr 17, 2016 | $2.22 | ||
Apr 24, 2016 | $2.22 | ||
May 1, 2016 | $2.22 | ||
May 8, 2016 | $2.22 | ||
May 15, 2016 | $2.22 | ||
May 22, 2016 | $2.22 | ||
May 29, 2016 | $2.22 | ||
Jun 5, 2016 | $2.22 | ||
Jun 12, 2016 | $2.22 | ||
Jun 19, 2016 | $2.22 | ||
Jun 26, 2016 | $2.22 | ||
Jul 3, 2016 | $2.22 | ||
Jul 10, 2016 | $2.22 | ||
Jul 17, 2016 | $2.22 | ||
Jul 24, 2016 | $2.22 | ||
Jul 31, 2016 | $2.22 | ||
Aug 7, 2016 | $2.22 | ||
Aug 14, 2016 | $2.22 | ||
Aug 21, 2016 | $2.22 | ||
Aug 28, 2016 | $2.22 | ||
Sep 4, 2016 | $2.22 | ||
Sep 11, 2016 | $2.22 | ||
Sep 18, 2016 | $2.22 | ||
Sep 25, 2016 | $2.22 | ||
Oct 2, 2016 | $2.22 | ||
Oct 9, 2016 | $2.22 | ||
Oct 16, 2016 | $2.22 | ||
Oct 23, 2016 | $2.22 | ||
Oct 30, 2016 | $2.22 | ||
Nov 6, 2016 | $2.22 | ||
Nov 13, 2016 | $2.22 | ||
Nov 20, 2016 | $2.22 | ||
Nov 27, 2016 | $2.22 | ||
Dec 4, 2016 | $2.22 | ||
Dec 11, 2016 | $2.22 | ||
Dec 18, 2016 | $2.22 | ||
Dec 25, 2016 | $2.22 | ||
Jan 1, 2017 | $2.22 | ||
Jan 8, 2017 | $2.22 | ||
Jan 15, 2017 | $2.22 | ||
Jan 22, 2017 | $2.22 | ||
Jan 29, 2017 | $2.22 | ||
Feb 5, 2017 | $2.22 | ||
Feb 12, 2017 | $2.22 | ||
Feb 19, 2017 | $2.22 | ||
Feb 26, 2017 | $2.22 | ||
Mar 5, 2017 | $2.22 | ||
Mar 12, 2017 | $2.22 | ||
Mar 19, 2017 | $2.22 | ||
Mar 26, 2017 | $2.22 | ||
Apr 2, 2017 | $2.22 | ||
Apr 9, 2017 | $2.22 | ||
Apr 16, 2017 | $2.22 | ||
Apr 23, 2017 | $2.22 | ||
Apr 30, 2017 | $2.22 | ||
May 7, 2017 | $2.22 | ||
May 14, 2017 | $2.22 | ||
May 21, 2017 | $2.22 | ||
May 28, 2017 | $2.22 | ||
Jun 4, 2017 | $2.22 | ||
Jun 11, 2017 | $2.22 | ||
Jun 18, 2017 | $2.22 | ||
Jun 25, 2017 | $2.22 | ||
Jul 2, 2017 | $2.22 | ||
Jul 9, 2017 | $2.22 | ||
Jul 16, 2017 | $2.22 | ||
Jul 23, 2017 | $2.22 | ||
Jul 30, 2017 | $2.22 | ||
Aug 6, 2017 | $2.22 | ||
Aug 13, 2017 | $2.22 | ||
Aug 20, 2017 | $2.22 | ||
Aug 27, 2017 | $2.22 | ||
Sep 3, 2017 | $2.22 | ||
Sep 10, 2017 | $2.22 | ||
Sep 17, 2017 | $2.22 | ||
Sep 24, 2017 | $2.56 |
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