Loan to put up a perimeter fence for my chickens

James

Ndenderu, Kenya

100% repaid

Entrepreneur

Name

James

Member since

June 2014

On-time repayments

308 installments  •  81%

About Me

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.

My Business

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.

Loan Proposal

If i get this loan, i will use all the money to buy materials for putting up a perimeter fence around the compound. The materials needed are:

1. Chain link wire
2. Fencing Posts
3. Nails
4. Labor

90 USD will be used to buy the chain link wire, 35 USD will be used to buy the fencing posts, while 25 USD will cater for the labor.
This will help me let the chicken out to scavenge around for food. This will in turn be beneficial in two ways. One, The cost of buying feeds will reduce, since i will only buy supplementary commercial feeds, and two, My chicken will not roam to my neighbors' compounds, thus avoid conflicts with them.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 20, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

R

ross22

United States

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  • James    Jun 16, 2022

    Allow me to make another adjustment. AM still repaying slowly.

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  • James    Jun 10, 2022

    Still repaying but at a slower pace. will repay full amount, slowly

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  • James    May 18, 2022

    Am really trying my best to repay. Am paying whatever amount i get

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  • James    Apr 26, 2022

    Am still repaying small amounts according to my current ability.

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  • James    Apr 13, 2022

    I have resumed repaying, although not full amount.

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  • James    Apr 4, 2022

    I am adjusting again. As you all know, the economy is doing badly everywhere. Will still pay everything

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  • James    Mar 28, 2022

    I sent a bit of some cash on 26th. I will try send some every week. Hopefully, will be able to repay whole amount.

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  • James    Mar 26, 2022

    Still unable to pay whole amount. But have just made part payment now. I will eventually pay everything

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  • James    Mar 8, 2022

    Am sending a smaller amount right now. Will fully repay once things go back to mormal

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  • James    Feb 23, 2022

    Apologies for the delayed payments. I will resume repayment soonest possible

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  • James    Jan 31, 2022

    Kindly allow me to adjust installments again. Things have not gone back to normal

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  • James    Jan 26, 2022

    I am still unable to make full payments right now. I will make payment once i get back on track

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  • James    Jan 10, 2022

    Kindly asking to be given more time. I will make repayments in due time

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  • James    Dec 26, 2021

    Things have not gone back to normal. will still pay

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  • James    Nov 8, 2021

    Things have been hard. Paying 5K per week has been hard. Please allow me to adjust again.

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  • James    Nov 8, 2021

    Things have been hard. Keeping up with 5K per week has been hard. Please allow me to adjust again.

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  • James    Sep 13, 2021

    Please allow me to reschedule again

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  • James    Aug 9, 2021

    Thank you for your patience lenders. Am adjusting again, until things get better

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  • Lewish    Aug 6, 2021

    I've explained the importance of adjusting the repayment schedule and how to go about it. Expect payment soon.

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  • James    Jul 6, 2021

    I Am unable to meet the current repayment amount. AM however determined to maintain a good repayment record

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