Entrepreneur
Name
Melda
Member since
March 2014
On-time repayments
131 installments • 18%
About Me
I am a Kenyan female born in 1974 at Dol village, Kodera Sub Location, Oyugis ward, Rachuonyo Constituency, Homa Bay County. I went to Ogandi Girls High school, thereafter; I started fish trading business, am dealing specifically in small fish (Omena) I have been in this business for the last twenty one years. Am married with three children both in school. I live in Uhanya beach with my family as this is where I do my business. This is a beach situated on the Western region of Kisumu and borders Uganda. It is within Lake Victoria shores and the main economic activity is fishing and fish trading.
My Business
As I stated above I joined business immediately after my high school. Currently I have four boats specifically for Omena. One complete fishing vessel requires a five seater boat, fishing gear 500metres, 5 anchors lights and 15horsepower outboard machine this costs around $3,015. I own four of these vessels which translate to $12,060. On an average I get income of $116, and then I pay some expenses as labor, kerosene for lighting the anchors and beach revenue $70 thereby getting a net profit of $46
I use the money in maintaining the business as the fishing gear and boat needs repair often, paying school fee and family upkeep.
We experience many challenges as the fishing gears needs frequent upgrading; the anchors sometimes are taken away by strong wind so requires immediate replacement.
Loan Proposal
hello lenders part of my fishing gear is worn out therefore need repair. I want to replace the worn out part with new one which will cost Ksh. 17,200. The worn out parts have demoralized my fishermen to an extent they rarely go fishing as some fish often escape through the porous holes. therefore after the repair i will embark on serious fishing work and will eventually get good returns. Thank you.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$130.00
Date disbursed
Jul 22, 2016
Repayment status
Late
Projected term
15 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$14.12
Amount remaining
$122.38
Expected completion
Nov 11, 2017
Status
Repaying late
Installment amount
$2.02
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 30, 2016 | $2.02 | Aug 5, 2016 | $2.02 |
| Aug 6, 2016 | $2.02 | Sep 1, 2016 | $2.02 |
| Aug 13, 2016 | $2.02 | Sep 1, 2016 | $2.02 |
| Aug 20, 2016 | $2.02 | Sep 9, 2016 | $2.02 |
| Aug 27, 2016 | $2.02 | Sep 9, 2016 | $2.02 |
| Sep 3, 2016 | $2.02 | Sep 28, 2016 | $2.02 |
| Sep 10, 2016 | $2.02 | Sep 28, 2016 | $2.02 |
| Sep 17, 2016 | $2.02 | ||
| Sep 24, 2016 | $2.02 | ||
| Oct 1, 2016 | $2.02 | ||
| Oct 8, 2016 | $2.02 | ||
| Oct 15, 2016 | $2.02 | ||
| Oct 22, 2016 | $2.02 | ||
| Oct 29, 2016 | $2.02 | ||
| Nov 5, 2016 | $2.02 | ||
| Nov 12, 2016 | $2.02 | ||
| Nov 19, 2016 | $2.02 | ||
| Nov 26, 2016 | $2.02 | ||
| Dec 3, 2016 | $2.02 | ||
| Dec 10, 2016 | $2.02 | ||
| Dec 17, 2016 | $2.02 | ||
| Dec 24, 2016 | $2.02 | ||
| Dec 31, 2016 | $2.02 | ||
| Jan 7, 2017 | $2.02 | ||
| Jan 14, 2017 | $2.02 | ||
| Jan 21, 2017 | $2.02 | ||
| Jan 28, 2017 | $2.02 | ||
| Feb 4, 2017 | $2.02 | ||
| Feb 11, 2017 | $2.02 | ||
| Feb 18, 2017 | $2.02 | ||
| Feb 25, 2017 | $2.02 | ||
| Mar 4, 2017 | $2.02 | ||
| Mar 11, 2017 | $2.02 | ||
| Mar 18, 2017 | $2.02 | ||
| Mar 25, 2017 | $2.02 | ||
| Apr 1, 2017 | $2.02 | ||
| Apr 8, 2017 | $2.02 | ||
| Apr 15, 2017 | $2.02 | ||
| Apr 22, 2017 | $2.02 | ||
| Apr 29, 2017 | $2.02 | ||
| May 6, 2017 | $2.02 | ||
| May 13, 2017 | $2.02 | ||
| May 20, 2017 | $2.02 | ||
| May 27, 2017 | $2.02 | ||
| Jun 3, 2017 | $2.02 | ||
| Jun 10, 2017 | $2.02 | ||
| Jun 17, 2017 | $2.02 | ||
| Jun 24, 2017 | $2.02 | ||
| Jul 1, 2017 | $2.02 | ||
| Jul 8, 2017 | $2.02 | ||
| Jul 15, 2017 | $2.02 | ||
| Jul 22, 2017 | $2.02 | ||
| Jul 29, 2017 | $2.02 | ||
| Aug 5, 2017 | $2.02 | ||
| Aug 12, 2017 | $2.02 | ||
| Aug 19, 2017 | $2.02 | ||
| Aug 26, 2017 | $2.02 | ||
| Sep 2, 2017 | $2.02 | ||
| Sep 9, 2017 | $2.02 | ||
| Sep 16, 2017 | $2.02 | ||
| Sep 23, 2017 | $2.02 | ||
| Sep 30, 2017 | $2.02 | ||
| Oct 7, 2017 | $2.02 | ||
| Oct 14, 2017 | $2.02 | ||
| Oct 21, 2017 | $2.02 | ||
| Oct 28, 2017 | $2.02 | ||
| Nov 4, 2017 | $2.02 | ||
| Nov 11, 2017 | $1.38 | ||
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