Loan to buy two dairy goats

Jackson

Matuu, Kenya

28% repaid

Entrepreneur

Name

Jackson

Member since

February 2015

On-time repayments

210 installments  •  10%

About Me

I am a male born in the year 1991 in a family of seven five sisters and a brother in Machakos county masinga district.Being from a poor a needy background life was not simple as i had to trek a distance of around 20 kilometers to my primary school despite all that i did well in my exams in 2005.I was admitted to high school which i struggled by working household chores at our neighbors homes in order to raise my school fees as well as for my siblings which also acted as a motivation for me to work hard in school so that i could alleviate chains of poverty in my family and well enough i passed my secondary exams and joined university which i am due to graduate this year.My hobby is playing football and i am a die hard fun of Manchester united in England and the community around likes meat as their favorite food.

My Business

I am in the sheep keeping business where i keep sheep for mutton purposes and wool for the clothing industry. I also buy and sell milk in my locality.I started the business in the year 2010 in order to cater for my university fees as well as pay fees for my younger siblings.i already have 10 sheep which i sheer for wool giving me around 20 dollars per sheep.After maturity i sell them to the butcheries at 60 dollars each having bought them at 35 dollars hence making a profit of 250 dollars within four months plus the sheering which i use as capital for my milk selling business. i buy milk at kshs 30 per litre and sell at 60 making a profit of kshs3000 for hundred litres.Owing to meat and milk being the staple food for our community there is a lot of demand which sometimes goes unmet due lack of capital. The costs involve buying young lambs,medical costs for the sheep and transport of milk to various destinations.I use the proceeds as p lough back to the business,paying my fees as well as that of my siblings.

Loan Proposal

I plan to but two dairy goats for my milk business at a cost of 100 dollars each and the rest will be used for medication.With the goats producing the milk i will not be buying but simply selling.This will increase the profits by 100 percent (Kshs3000) per day as the feeds are readily available.This will help me pay my fees and that of my siblings as well as meeting the ever increasing demand for milk and meat in my locality.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$245.00

Date disbursed

Jun 1, 2015

Repayment status

Late

Projected term

60 months

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mepster

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PG

Paul Graham

United States

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Summary

Amount repaid

$72.04

Amount remaining

$185.91

Expected completion

May 24, 2020

Status

Repaying late

Installment amount

$28.66

Repayment History

Expected Payments Actual Payments
Jun 14, 2015 $8.88 Jun 14, 2015 $8.88
Jun 21, 2015 $0.00
Jun 28, 2015 $2.11 Jun 22, 2015 $2.11
Jul 5, 2015 $2.11 Jul 19, 2015 $2.11
Jul 12, 2015 $0.00
Jul 19, 2015 $0.00
Jul 26, 2015 $2.11 Aug 11, 2015 $2.11
Aug 2, 2015 $0.00
Aug 9, 2015 $0.00
Aug 16, 2015 $2.11 Sep 6, 2015 $2.11
Aug 23, 2015 $0.00
Aug 30, 2015 $0.00
Sep 6, 2015 $0.00
Sep 13, 2015 $1.05 Sep 15, 2015 $1.05
Sep 20, 2015 $0.00
Sep 27, 2015 $0.00
Oct 4, 2015 $0.00
Oct 11, 2015 $0.00
Oct 18, 2015 $2.11 Nov 3, 2015 $2.11
Oct 25, 2015 $0.00
Nov 1, 2015 $0.00
Nov 8, 2015 $0.00
Nov 15, 2015 $2.11 Dec 3, 2015 $2.11
Nov 22, 2015 $2.11 Dec 20, 2015 $2.11
Nov 29, 2015 $0.00
Dec 6, 2015 $0.00
Dec 13, 2015 $0.00
Dec 20, 2015 $0.00
Dec 27, 2015 $0.00
Jan 3, 2016 $2.11 Feb 7, 2016 $2.11
Jan 10, 2016 $0.00
Jan 17, 2016 $0.00
Jan 24, 2016 $0.00
Jan 31, 2016 $0.00
Feb 7, 2016 $0.00
Feb 14, 2016 $2.11 Oct 30, 2018 $2.11
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $0.00
Mar 20, 2016 $0.00
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $0.00
Apr 17, 2016 $0.00
Apr 24, 2016 $0.00
May 1, 2016 $0.00
May 8, 2016 $0.00
May 15, 2016 $0.00
May 22, 2016 $0.00
May 29, 2016 $0.00
Jun 5, 2016 $0.00
Jun 12, 2016 $0.00
Jun 19, 2016 $0.00
Jun 26, 2016 $0.00
Jul 3, 2016 $0.00
Jul 10, 2016 $0.00
Jul 17, 2016 $0.00
Jul 24, 2016 $0.00
Jul 31, 2016 $0.00
Aug 7, 2016 $0.00
Aug 14, 2016 $0.00
Aug 21, 2016 $0.00
Aug 28, 2016 $0.00
Sep 4, 2016 $0.00
Sep 11, 2016 $0.00
Sep 18, 2016 $0.00
Sep 25, 2016 $0.00
Oct 2, 2016 $0.00
Oct 9, 2016 $0.00
Oct 16, 2016 $0.00
Oct 23, 2016 $0.00
Oct 30, 2016 $0.00
Nov 6, 2016 $0.00
Nov 13, 2016 $0.00
Nov 20, 2016 $0.00
Nov 27, 2016 $0.00
Dec 4, 2016 $0.00
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $0.00
Jan 8, 2017 $0.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.00
Feb 5, 2017 $0.00
Feb 12, 2017 $0.00
Feb 19, 2017 $0.00
Feb 26, 2017 $0.00
Mar 5, 2017 $0.00
Mar 12, 2017 $0.00
Mar 19, 2017 $0.00
Mar 26, 2017 $0.00
Apr 2, 2017 $0.00
Apr 9, 2017 $0.00
Apr 16, 2017 $0.00
Apr 23, 2017 $0.00
Apr 30, 2017 $0.00
May 7, 2017 $0.00
May 14, 2017 $0.00
May 21, 2017 $0.00
May 28, 2017 $0.00
Jun 4, 2017 $0.00
Jun 11, 2017 $0.00
Jun 18, 2017 $0.00
Jun 25, 2017 $0.00
Jul 2, 2017 $0.00
Jul 9, 2017 $0.00
Jul 16, 2017 $0.00
Jul 23, 2017 $0.00
Jul 30, 2017 $0.00
Aug 6, 2017 $0.00
Aug 13, 2017 $0.00
Aug 20, 2017 $0.00
Aug 27, 2017 $0.00
Sep 3, 2017 $0.00
Sep 10, 2017 $0.00
Sep 17, 2017 $0.00
Sep 24, 2017 $0.00
Oct 1, 2017 $0.00
Oct 8, 2017 $0.00
Oct 15, 2017 $0.00
Oct 22, 2017 $0.00
Oct 29, 2017 $0.00
Nov 5, 2017 $0.00
Nov 12, 2017 $0.00
Nov 19, 2017 $0.00
Nov 26, 2017 $0.00
Dec 3, 2017 $0.00
Dec 10, 2017 $0.00
Dec 17, 2017 $0.00
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $0.00
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $0.00
Mar 11, 2018 $0.00
Mar 18, 2018 $0.00
Mar 25, 2018 $0.00
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.00
Jun 3, 2018 $0.00
Jun 10, 2018 $0.00
Jun 17, 2018 $0.00
Jun 24, 2018 $0.00
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.00
Aug 19, 2018 $0.00
Aug 26, 2018 $0.00
Sep 2, 2018 $0.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $0.53 Jan 20, 2019 $0.53
Jan 27, 2019 $0.53 Jan 27, 2019 $0.53
Feb 3, 2019 $0.53 Feb 1, 2019 $0.53
Feb 10, 2019 $0.53 Feb 1, 2019 $0.53
Feb 17, 2019 $0.53 Feb 1, 2019 $0.53
Feb 24, 2019 $0.00
Mar 3, 2019 $0.00
Mar 10, 2019 $0.00
Mar 17, 2019 $0.00
Mar 24, 2019 $0.00
Mar 31, 2019 $0.00
Apr 7, 2019 $0.00
Apr 14, 2019 $0.00
Apr 21, 2019 $0.00
Apr 28, 2019 $0.00
May 5, 2019 $0.00
May 12, 2019 $0.00
May 19, 2019 $0.00
May 26, 2019 $0.00
Jun 2, 2019 $0.00
Jun 9, 2019 $0.00
Jun 16, 2019 $0.00
Jun 23, 2019 $0.00
Jun 30, 2019 $0.00
Jul 7, 2019 $0.00
Jul 14, 2019 $0.00
Jul 21, 2019 $0.00
Jul 28, 2019 $0.00
Aug 4, 2019 $0.00
Aug 11, 2019 $0.00
Aug 18, 2019 $0.00
Aug 25, 2019 $0.00
Sep 1, 2019 $0.00
Sep 8, 2019 $0.00
Sep 15, 2019 $0.00
Sep 22, 2019 $0.00
Sep 29, 2019 $0.00
Oct 6, 2019 $0.00
Oct 13, 2019 $0.00
Oct 20, 2019 $0.00
Oct 27, 2019 $0.00
Nov 3, 2019 $0.00
Nov 10, 2019 $0.00
Nov 17, 2019 $0.00
Nov 24, 2019 $0.00
Dec 1, 2019 $0.00
Dec 8, 2019 $0.00
Dec 15, 2019 $0.00
Dec 22, 2019 $0.00
Dec 29, 2019 $0.00
Jan 5, 2020 $0.00
Jan 12, 2020 $0.00
Jan 19, 2020 $0.00
Jan 26, 2020 $0.00
Feb 2, 2020 $0.00
Feb 9, 2020 $0.00
Feb 16, 2020 $0.00
Feb 23, 2020 $0.00
Mar 1, 2020 $0.00
Mar 8, 2020 $0.00
Mar 15, 2020 $0.00
Mar 22, 2020 $9.93 Feb 1, 2019 $9.93
Mar 29, 2020 $9.93 Feb 1, 2019 $4.28
Feb 6, 2019 $1.05
Feb 13, 2019 $2.11
Feb 18, 2019 $2.11
Feb 26, 2019 $0.38
Apr 5, 2020 $28.66 Feb 26, 2019 $1.73
Mar 8, 2019 $2.11
Mar 30, 2019 $2.11
Feb 17, 2023 $2.11
Apr 12, 2020 $28.66
Apr 19, 2020 $28.66
Apr 26, 2020 $28.66
May 3, 2020 $28.66
May 10, 2020 $28.66
May 17, 2020 $28.66
May 24, 2020 $5.94

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