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
With this loan, i will add my savings to buy a new motorbike, which will cost me 100 USD. I already have 70 USD. I will in turn use the bike for transport business, and earn an extra 3 USD.
This will enable me to comfortably pay my loan, and maintain my 100% repayment history.
I am guaranteed that this is a workable business, since am already doing it and reaping the benefits.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$394.00
Date disbursed
Nov 13, 2016
Repayment status
On Time
Projected term
9 months
Lenders
Summary
Amount repaid
$394.26
Amount remaining
$0.00
Date repaid
Aug 6, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 20, 2016 | $10.07 | Nov 20, 2016 | $10.07 |
| Nov 27, 2016 | $10.07 | Nov 27, 2016 | $10.07 |
| Dec 4, 2016 | $10.07 | Nov 27, 2016 | $10.07 |
| Dec 11, 2016 | $10.07 | Dec 12, 2016 | $10.07 |
| Dec 18, 2016 | $10.07 | Dec 12, 2016 | $10.07 |
| Dec 25, 2016 | $10.07 | Dec 28, 2016 | $10.07 |
| Jan 1, 2017 | $10.07 | Dec 28, 2016 | $10.07 |
| Jan 8, 2017 | $10.07 | Jan 9, 2017 | $10.07 |
| Jan 15, 2017 | $10.07 | Jan 9, 2017 | $10.07 |
| Jan 22, 2017 | $10.07 | Jan 22, 2017 | $10.07 |
| Jan 29, 2017 | $10.07 | Jan 22, 2017 | $10.07 |
| Feb 5, 2017 | $10.07 | Feb 5, 2017 | $10.07 |
| Feb 12, 2017 | $10.07 | Feb 5, 2017 | $10.07 |
| Feb 19, 2017 | $10.07 | Feb 19, 2017 | $10.07 |
| Feb 26, 2017 | $10.07 | Feb 19, 2017 | $10.07 |
| Mar 5, 2017 | $10.07 | Mar 6, 2017 | $10.07 |
| Mar 12, 2017 | $10.07 | Mar 6, 2017 | $10.07 |
| Mar 19, 2017 | $10.07 | Mar 20, 2017 | $10.07 |
| Mar 26, 2017 | $10.07 | Mar 20, 2017 | $10.07 |
| Apr 2, 2017 | $10.07 | Apr 3, 2017 | $10.07 |
| Apr 9, 2017 | $10.07 | Apr 3, 2017 | $10.07 |
| Apr 16, 2017 | $10.07 | Apr 17, 2017 | $10.07 |
| Apr 23, 2017 | $10.07 | Apr 17, 2017 | $10.07 |
| Apr 30, 2017 | $10.07 | Apr 30, 2017 | $10.07 |
| May 7, 2017 | $10.07 | Apr 30, 2017 | $10.07 |
| May 14, 2017 | $10.07 | May 14, 2017 | $10.07 |
| May 21, 2017 | $10.07 | May 14, 2017 | $10.07 |
| May 28, 2017 | $10.07 | May 28, 2017 | $10.07 |
| Jun 4, 2017 | $10.07 | May 28, 2017 | $10.07 |
| Jun 11, 2017 | $10.07 | Jun 10, 2017 | $10.07 |
| Jun 18, 2017 | $10.07 | Jun 10, 2017 | $10.07 |
| Jun 25, 2017 | $10.07 | Jun 26, 2017 | $10.07 |
| Jul 2, 2017 | $10.07 | Jun 26, 2017 | $10.07 |
| Jul 9, 2017 | $10.07 | Jul 10, 2017 | $10.07 |
| Jul 16, 2017 | $10.07 | Jul 10, 2017 | $10.07 |
| Jul 23, 2017 | $10.07 | Jul 23, 2017 | $10.07 |
| Jul 30, 2017 | $10.07 | Jul 31, 2017 | $10.07 |
| Aug 6, 2017 | $10.07 | Aug 6, 2017 | $10.07 |
| Aug 13, 2017 | $10.07 | Aug 6, 2017 | $10.07 |
| Aug 20, 2017 | $1.41 | Aug 6, 2017 | $1.41 |
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