James
Ndenderu, Kenya
100% repaid
Name
James
Member since
June 2014
On-time repayments
308 installments • 81%
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.
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.
If i get this loan, i will use it to expand my flock.
56 USD will be used to buy additional flock. I will buy 50, one day old chicks at a cost of 1.1 USD each.
Another 75 USD will be used to expand the chicken scoop, to accommodate the new flock.
110 USD will be used to buy commercial feeds for the first four months. The rest of the money will be used to buy commercial feeds that will be used as complementary food together with locally available feeds during the subsequent months, until they start laying eggs.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$297.00
Date disbursed
Nov 24, 2014
Repayment status
On Time
Projected term
7 months
Amount repaid
$316.99
Amount remaining
$0.00
Date repaid
Jun 28, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 7, 2014 | $10.56 | Dec 7, 2014 | $10.56 |
Dec 14, 2014 | $10.56 | Dec 14, 2014 | $10.56 |
Dec 21, 2014 | $10.56 | Dec 21, 2014 | $10.56 |
Dec 28, 2014 | $10.56 | Dec 28, 2014 | $10.56 |
Jan 4, 2015 | $10.56 | Jan 4, 2015 | $10.56 |
Jan 11, 2015 | $10.56 | Jan 11, 2015 | $10.56 |
Jan 18, 2015 | $10.56 | Jan 18, 2015 | $10.56 |
Jan 25, 2015 | $10.56 | Jan 25, 2015 | $10.56 |
Feb 1, 2015 | $10.56 | Feb 1, 2015 | $10.56 |
Feb 8, 2015 | $10.56 | Feb 9, 2015 | $10.56 |
Feb 15, 2015 | $10.56 | Feb 15, 2015 | $10.56 |
Feb 22, 2015 | $10.56 | Feb 22, 2015 | $10.56 |
Mar 1, 2015 | $10.56 | Mar 1, 2015 | $10.56 |
Mar 8, 2015 | $10.56 | Mar 8, 2015 | $10.56 |
Mar 15, 2015 | $10.56 | Mar 15, 2015 | $10.56 |
Mar 22, 2015 | $10.56 | Mar 22, 2015 | $10.56 |
Mar 29, 2015 | $10.56 | Mar 29, 2015 | $10.56 |
Apr 5, 2015 | $10.56 | Apr 5, 2015 | $10.56 |
Apr 12, 2015 | $10.56 | Apr 12, 2015 | $10.56 |
Apr 19, 2015 | $10.56 | Apr 19, 2015 | $10.56 |
Apr 26, 2015 | $10.56 | Apr 26, 2015 | $10.56 |
May 3, 2015 | $10.56 | May 3, 2015 | $10.56 |
May 10, 2015 | $10.56 | May 10, 2015 | $10.56 |
May 17, 2015 | $10.56 | May 18, 2015 | $10.56 |
May 24, 2015 | $10.56 | May 24, 2015 | $10.56 |
May 31, 2015 | $10.56 | May 31, 2015 | $10.56 |
Jun 7, 2015 | $10.56 | Jun 7, 2015 | $10.56 |
Jun 14, 2015 | $10.56 | Jun 14, 2015 | $10.56 |
Jun 21, 2015 | $10.56 | Jun 21, 2015 | $10.56 |
Jun 28, 2015 | $10.84 | Jun 28, 2015 | $10.84 |
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