Tobias
Kong'eche, Kenya
100% repaid
Name
Tobias
Member since
February 2015
On-time repayments
87 installments • 39%
I was born and raised up in a very poor and rural village of Kadem in Western part of Kenya. I was the 5th born in a family of three boys and two girls.
I did my primary and secondary education ad passed well in final exams. I was employed as a Civil Servant in the Ministry of Health and got retrenched in October, 2000 after serving in the Government for 12 years. I was not given any send-off package! The life thereafter become unbearable and I later lost my wife through death! I am now a widower surviving with 5 children in which 3 are in secondary school.
Chicken is a commodity with high demand in Mbita community. Since the year 2011, I have been involved in selling of chicken to get income to meet family financial obligations. The business has been doing well though I cannot expand to reach break even pint due to lack of capital to enable me keep a stock of birds ( chicken) for re-selling after preparation.
Mbita area is a fishing community and in seasons of January - April there's very good fish catch, and in this times of the year, fishermen do like to eat chicken instead of fish. It's upon this reason that I am looking for loan to expand the business and get a good profit to help me meet my family needs i.e education for my children. In normal circumstances, I do buy chicken worth Ksh 3,000 and re-sell at a cost of Ksh 3,500 therefore making a profit of Ksh 500 per day during the good fish catch seasons. If I get a loan of Ksh 21,000, I will buy 30 chickens, I will be able to make a profit of about Ksh 1,500 per day, this will boost my income and help meet the business operational costs and repay the loan on time.
I need a loan of KES 21,068 to buy 30 chickens and 1 bag of chicken feed. With the 30 chickens I will be able to sell and get a profit of KES 1,500 per day. The increased income will be used to meet my family food needs, repay the loan and expand the business.
I want to sincerely thank ZIDISHA lenders for having trusted me and borrowed me KES 8,134 that I used to buy chickens and the profit I used to repay the loan on time. Thanks alot for your support. I look forward to working with you again in this 2nd loan.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$234.00
Date disbursed
Apr 20, 2015
Repayment status
On Time
Projected term
3 months
Other loans
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Amount repaid
$246.00
Amount remaining
$0.00
Date repaid
Jul 25, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 3, 2015 | $17.57 | May 8, 2015 | $17.57 |
May 10, 2015 | $17.57 | May 8, 2015 | $17.43 |
May 24, 2015 | $0.13 | ||
May 17, 2015 | $17.57 | May 24, 2015 | $17.57 |
May 24, 2015 | $17.57 | May 24, 2015 | $17.52 |
Jun 9, 2015 | $0.04 | ||
May 31, 2015 | $17.57 | Jun 9, 2015 | $17.57 |
Jun 7, 2015 | $17.57 | Jun 9, 2015 | $17.52 |
Jun 20, 2015 | $0.04 | ||
Jun 14, 2015 | $17.57 | Jun 20, 2015 | $17.57 |
Jun 21, 2015 | $17.57 | Jun 20, 2015 | $16.50 |
Jul 7, 2015 | $1.07 | ||
Jun 28, 2015 | $17.57 | Jul 7, 2015 | $17.57 |
Jul 5, 2015 | $17.57 | Jul 7, 2015 | $3.59 |
Jul 17, 2015 | $13.98 | ||
Jul 12, 2015 | $17.57 | Jul 17, 2015 | $17.57 |
Jul 19, 2015 | $17.57 | Jul 17, 2015 | $12.90 |
Jul 25, 2015 | $4.67 | ||
Jul 26, 2015 | $17.57 | Jul 25, 2015 | $17.57 |
Aug 2, 2015 | $17.63 | Jul 25, 2015 | $17.63 |
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