Name
Timothy
Member since
May 2018
On-time repayments
46 installments • 72%
I am a 25 year old man from a humble village in the heart of Kenya. I have lived here my whole life apart from when I'm in school. My parents are also from a humble background thus they have really struggled to see me through school.
I've always had an entrepreneurial mind. From as early as 10 years old I would sell avocados and sugarcane from our farm.
I started a small electronics business to help pay my fees and for my upkeep while in campus. I also send my parents some cash when business is good.
I attend charity events from time to time. Recently I have been to a home for elders.
I am currently into food crop and poultry farming. I have sixteen chicks that I am rearing and which I hope to sell by August this year. I am also growing cabbages tomatoes and capsicum..
In future I would also love to rear sheep and goats.
Farming is my passion and I am confident I'll make it.
I have recently joined Freelancing as a data entry operator. This has been a long-term goal and it will help fund my other entrepreneurial ventures.
If granted the loan, I'll be able to increase the stock in my electronics business. I will buy 7 more bulbs worth $0.75 each.
With these items I'll be able to make more profit and thus be in a position to make profit, pay my employee and pay rent for the premises I operate in. I expect that the profit I'll make will help in acquiring more stock.
I expect to get a profit of around $0.30.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Jul 7, 2018
Repayment status
On Time
Projected term
1 week
Other loans
Amount repaid
$9.95
Amount remaining
$0.00
Date repaid
Sep 10, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 15, 2018 | $9.95 | Sep 10, 2018 | $9.95 |
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