Loan to purchase land for poultry farming

Japheth

Nairobi.kahawa Wendani, Kenya

43% repaid

Entrepreneur

Name

Japheth

Member since

August 2014

On-time repayments

346 installments  •  37%

About Me

Am a

My Business

Hhhh

Loan Proposal

With this loan i shall purchase 1/8 acre of land which i shall then use for poultry farming.
The land in question currently costs $960 hence i top up the deficit.
In Kenya land is a preciouse commodity and is known to appreciate every year by 25%, therefore this is a worthwhile investment which can only get better with time.
Purchasing this land will enable me upto 500 chickens which i will sell at maturity and also their eggs.
Admittedly this venture will take some time like 3 months, before it can start yielding profits but till then i will be servicing this loan using my other sources of income.

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$736.00

Date disbursed

Jan 2, 2016

Repayment status

Late

Projected term

75 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

B

blahblah

Nuernberg, Germany

B

bileiro

Mandaluyong, Philippines

mepster

San Francisco, Ca, United States

Z

zidscott

United States

SuperMario28

Cudahy, United States

Roy

Espoo, Finland

MW

Matt Willis

United States

W

Wade

United States

John Minges

United States

C

Christian

Switzerland

Douglas St Quintin

Sydney, Australia

E

EABF

Netherlands

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Japheth    May 6, 2019

    Struggling.

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  • Japheth    Oct 22, 2018

    I wasn't in a good position, but promise to make payments moving forward.

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  • Japheth    Oct 22, 2018

    Hallo, kindly do accept my apologies for the delayed repayments, will endeavor to recover lost ground.

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  • Wilfred Njiri    Jul 7, 2017

    Japeth's phone goes unanswered but I have talked to one of his refrees who said he will talk to him about the loan.

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  • Wilfred Njiri    May 28, 2017

    I talked to Japeth, he has been experiencing some finantial difficulties. He said he will start paying next month.

    vm

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  • Wilfred Njiri    Dec 10, 2016

    Japeth's phone goes unanswered but I have talked to one of his refrees who said he will remind him to pay.

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  • Japheth    Aug 10, 2016

    not doing well..

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  • Japheth    Aug 10, 2016

    not doing well..

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  • Japheth    Jun 2, 2016

    Hallo lenders.. how are you ?
    from my end am doing great...i managed to acquire the Land but at à slightly higher price($1500) than i had envisaged....this strained thé budget because i had to use part of thé money i had set aside to use in acquiring poultry. but still i have 50chicks which are 3months old.. looking foward to add more.

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  • Japheth    Mar 24, 2016

    not doing so well

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  • (Comment deleted by author)

  • Japheth    Dec 30, 2015

    thank you lenders for funding my loan...God bless you immensely...wishing you a happy and prosperous 2016

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  • Japheth    Dec 24, 2015

    With this loan i significantly increased the stock levels of my business.
    The loan enabled me to acquire items in larger quantities hence in a cheaper way thereby benefiting from economies of scale.
    The loan enabled the business' profit to increase by $62

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  • shappysfunland    Aug 5, 2015

    Japheth, can you please try to contact Mercy Talam and ask her to give us an update on her loan?

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    • Japheth    Aug 5, 2015

      hallo shappysfunland...as soon as she started defaulting she cut off communucation with me...she ignores all my calls and even messages which is very unfortunate..

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    • Japheth    Aug 5, 2015

      hallo shappysfunland...as soon as she started defaulting she cut off communucation with me...she ignores all my calls and even messages which is very unfortunate..

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  • John    Aug 1, 2015

    Dear lenders kindly visit my wall and fund my application before it expires. Thanks in advance

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  • Japheth    Jul 5, 2015

    hi lenders... i wish to adjust my installment to 1500 for this week...i will re adjust it to the initial figure or more later this week..

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  • Japheth    Jun 20, 2015

    dear lenders...i received the loan today...thanks once again..

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  • Japheth    Jun 16, 2015

    hey...am very greatful to each and every one of you lenders for your contributions in having my loan funded...God bless you.

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  • Roy    Jun 8, 2015

    Perhaps it would help if you use a photo where you are smiling.

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  • Japheth    Jun 4, 2015

    hey lenders....my loan ran into complications and as such couldnt be disbursed to me.
    the thing is, the funds raised couldnt be sent on theline i used as my primary number hence the only good option was for the loan to be expired so that i may post fresh application devoid of any complication.
    I would really be greatful if you choose to fund me again.

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