Loan to stock

Nelson

Baba Dogo, Kenya

100% repaid

Entrepreneur

Name

Nelson

Member since

April 2016

On-time repayments

75 installments  •  72%

About Me

I grew up in western province , the currently called busia county. This is where i grew up annd schooled for both my primary and secondary education. After my studies and id not pass my exams very well so i sought to seek employment in a near by sugar factory where i did manual jobs. i worked here for approximately three years and then i quitted the job and hired a farm where i planted my own sugar cane which i keep selling to mumias sugar factory. the culture of where i live is that we are farmers and we depend on sugar cane and maize cultivation. I have conducted this business over time, and it has helped me save and open other businesses.

My Business

The business i basically do is farming. i have a three acre piece of farm where i plant sugar cane. after they mature i sell to a sugar factory from where i get income from. this is the business that ven my parents do since we hail from a sugar belt.
i also rear some goats and cows , from where i get milk for my family and the surplus i sell to my neighbors.
i also plant some vegetables such as kales, onions and cabbages , which i sell to a nearby market.
me and my wife too have a small business of selling fish along the road side every eving during market days,.

Loan Proposal

Considering that i live where people like fish and buy their groceries, i will like to open a big shed to start selling fish and kales, and tomatoes in large scale. firs of all i need, money to put up a shed as well as increase stock. i will also like to diversify the type of fish that i sell.

money for a shed-
timber and iron sheets-100 dolars
nails and labour-25 dollars
Stock
fish stock- 25 dollars
tomatoes and onions- 20 dollars
other expenses-15 dollars

thanks

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 13, 2016

Repayment status

On Time

Projected term

7 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$210.00

Amount remaining

$0.00

Date repaid

Dec 25, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 22, 2016 $10.09 May 22, 2016 $5.04
May 29, 2016 $5.04
May 29, 2016 $0.00
Jun 5, 2016 $5.04 Jun 5, 2016 $5.04
Jun 12, 2016 $5.04 Jun 12, 2016 $5.04
Jun 19, 2016 $5.04 Jun 19, 2016 $5.04
Jun 26, 2016 $5.04 Jun 26, 2016 $5.04
Jul 3, 2016 $5.04 Jul 3, 2016 $5.04
Jul 10, 2016 $5.04 Jul 10, 2016 $5.04
Jul 17, 2016 $5.04 Jul 17, 2016 $5.04
Jul 24, 2016 $5.04 Jul 24, 2016 $5.04
Jul 31, 2016 $5.04 Jul 31, 2016 $5.04
Aug 7, 2016 $5.04 Aug 8, 2016 $5.04
Aug 14, 2016 $5.04 Aug 14, 2016 $5.04
Aug 21, 2016 $5.04 Aug 21, 2016 $5.04
Aug 28, 2016 $5.04 Aug 28, 2016 $5.04
Sep 4, 2016 $5.04 Sep 4, 2016 $5.04
Sep 11, 2016 $5.04 Sep 11, 2016 $5.04
Sep 18, 2016 $5.04 Sep 18, 2016 $5.04
Sep 25, 2016 $5.04 Sep 25, 2016 $5.04
Oct 2, 2016 $5.04 Oct 2, 2016 $5.04
Oct 9, 2016 $5.04 Oct 10, 2016 $5.04
Oct 16, 2016 $5.04 Oct 18, 2016 $5.04
Oct 23, 2016 $5.04 Oct 23, 2016 $5.04
Oct 30, 2016 $5.04 Oct 31, 2016 $5.04
Nov 6, 2016 $5.04 Nov 8, 2016 $5.04
Nov 13, 2016 $5.04 Nov 13, 2016 $5.04
Nov 20, 2016 $5.04 Nov 20, 2016 $5.04
Nov 27, 2016 $5.04 Nov 28, 2016 $5.04
Dec 4, 2016 $5.04 Dec 4, 2016 $5.04
Dec 11, 2016 $5.04 Dec 18, 2016 $5.04
Dec 18, 2016 $5.04 Dec 18, 2016 $5.04
Dec 25, 2016 $53.67 Dec 25, 2016 $53.67

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