Walter
Lavington Nairobi, Kenya
100% repaid
Name
Walter
Member since
March 2015
On-time repayments
34 installments • 62%
I was brought up in the rural and had challenges in my childhood. This made us, as a family, to device ways of getting money to support ourselves. I used to sell farm produce at the local market in the evening after school until I raised money enough to pay for my school fees and further contributed towards my aunt's cereals business.
It was last year when i sought to start an agribusiness. The business in located in an area with good market for fresh farm produce.
I started my business a year ago. The business has been growing slowly and now serve nearby schools and residential people who get fresh vegetables and other garden produce.
The area has a big market and I look forward to increase my production for better profits.
Given financial support, I will be able to increase production and plant variety of crops in high demand.
As a farmer, I face a number of challenges concerning the nature of my business among them is water shortage. shortage of water has costed me a lot of money especially during the dry seasons when suppliers shoot their prices per litre supplied. Sometimes forcing me to batter trade my farm products in exchange for water. If I a m given this loan, i believe my work will be easier than before. It will help me cut the water acquisition costs that i face daily in my business and this will even lead to higher profits.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$187.00
Date disbursed
Jun 20, 2015
Repayment status
On Time
Projected term
8 weeks
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Amount repaid
$196.88
Amount remaining
$0.00
Date repaid
Aug 19, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 28, 2015 | $24.60 | Jun 29, 2015 | $24.60 |
Jul 5, 2015 | $24.60 | Jul 7, 2015 | $24.60 |
Jul 12, 2015 | $24.60 | Jul 13, 2015 | $24.60 |
Jul 19, 2015 | $24.60 | Jul 20, 2015 | $24.60 |
Jul 26, 2015 | $24.60 | Jul 31, 2015 | $24.60 |
Aug 2, 2015 | $24.60 | Aug 4, 2015 | $24.60 |
Aug 9, 2015 | $24.60 | Aug 14, 2015 | $24.60 |
Aug 16, 2015 | $24.68 | Aug 19, 2015 | $24.68 |
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