New chicks for my poultry business

David

Eldoret, Kenya

100% repaid

Entrepreneur

Name

David

Member since

June 2016

On-time repayments

93 installments  •  29%

About Me

My name is David Aswani. Born in a family of five siblings with our parents being peasant farmers, it has been difficult financing my education. It was by dint of hard work and assistance from family members that helped me in completing my business management course. I am currently employed in a motor vehicle spare parts shop. I believe that I can do other businesses so as to augment my salary to help provide my kids with the best of education and help the needy ones in my community.

My Business

I started poultry business three years ago with a capital of Ksh20, 000 saved from my current employment. I'm into wholesale/retail sale of eggs and chicken in my community. My farm is located in outskirts of Eldoret Town I make an average sale of 100 creates a week. I have two employees who help with the sale and conveying of eggs and chickens from the farms to the shop, hotels, shopping centers and subsequently to my customers. I chose this kind of business because it’s easy to manage and also its products are highly demanded. I make Ksh40, 000 a month, which I use to pay my workers, pay my children’s school fees and also I reinvest in the business.

Loan Proposal

My Dear Lenders I need to increase the sales of eggs from my poultry farm so as to make more profit pay my workers well and maintain the poultry house. When given the loan I will use it to purchase a bicycle for transporting the eggs from the farm to my customers. I also want to buy more chicks and chick mash, increase the size of the house so as to keep more chicks. When all of this is accomplished profit will increase to 70 % which I will use in repaying my loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jun 27, 2016

Repayment status

On Time

Projected term

16 months

Other loans

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$210.00

Amount remaining

$0.00

Date repaid

Dec 22, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 6, 2016 $3.02 Jul 6, 2016 $3.02
Jul 13, 2016 $3.02 Jul 13, 2016 $3.02
Jul 20, 2016 $3.02 Jul 20, 2016 $3.02
Jul 27, 2016 $3.02 Jul 27, 2016 $3.02
Aug 3, 2016 $3.02 Aug 3, 2016 $3.02
Aug 10, 2016 $3.02 Aug 11, 2016 $3.02
Aug 17, 2016 $3.02 Aug 17, 2016 $3.02
Aug 24, 2016 $3.02 Aug 24, 2016 $3.02
Aug 31, 2016 $3.02 Aug 31, 2016 $3.02
Sep 7, 2016 $3.02 Sep 7, 2016 $3.02
Sep 14, 2016 $3.02 Sep 14, 2016 $3.02
Sep 21, 2016 $3.02 Sep 22, 2016 $3.02
Sep 28, 2016 $3.02 Sep 28, 2016 $3.02
Oct 5, 2016 $3.02 Oct 5, 2016 $3.02
Oct 12, 2016 $3.02 Oct 14, 2016 $3.02
Oct 19, 2016 $3.02 Oct 25, 2016 $3.02
Oct 26, 2016 $3.02 Oct 31, 2016 $3.02
Nov 2, 2016 $3.02 Oct 31, 2016 $3.02
Nov 9, 2016 $3.02 Nov 9, 2016 $3.02
Nov 16, 2016 $3.02 Nov 18, 2016 $2.02
Nov 23, 2016 $1.01
Nov 23, 2016 $3.02 Nov 23, 2016 $2.02
Dec 2, 2016 $1.01
Nov 30, 2016 $3.02 Dec 2, 2016 $2.02
Dec 7, 2016 $1.01
Dec 7, 2016 $3.02 Dec 7, 2016 $2.02
Dec 16, 2016 $1.01
Dec 14, 2016 $3.02 Dec 16, 2016 $2.02
Dec 20, 2016 $1.01
Dec 21, 2016 $3.02 Dec 20, 2016 $3.02
Dec 28, 2016 $3.02 Dec 20, 2016 $3.02
Jan 4, 2017 $3.02 Dec 20, 2016 $3.02
Jan 11, 2017 $3.02 Dec 20, 2016 $3.02
Jan 18, 2017 $3.02 Dec 20, 2016 $3.02
Jan 25, 2017 $3.02 Dec 20, 2016 $3.02
Feb 1, 2017 $3.02 Dec 20, 2016 $3.02
Feb 8, 2017 $3.02 Dec 20, 2016 $3.02
Feb 15, 2017 $3.02 Dec 20, 2016 $3.02
Feb 22, 2017 $3.02 Dec 20, 2016 $3.02
Mar 1, 2017 $3.02 Dec 20, 2016 $3.02
Mar 8, 2017 $3.02 Dec 20, 2016 $3.02
Mar 15, 2017 $3.02 Dec 20, 2016 $3.02
Mar 22, 2017 $3.02 Dec 20, 2016 $3.02
Mar 29, 2017 $3.02 Dec 20, 2016 $3.02
Apr 5, 2017 $3.02 Dec 20, 2016 $3.02
Apr 12, 2017 $3.02 Dec 20, 2016 $3.02
Apr 19, 2017 $3.02 Dec 20, 2016 $3.02
Apr 26, 2017 $3.02 Dec 20, 2016 $3.02
May 3, 2017 $3.02 Dec 20, 2016 $2.02
Dec 22, 2016 $1.01
May 10, 2017 $3.02 Dec 22, 2016 $3.02
May 17, 2017 $3.02 Dec 22, 2016 $3.02
May 24, 2017 $3.02 Dec 22, 2016 $3.02
May 31, 2017 $3.02 Dec 22, 2016 $3.02
Jun 7, 2017 $3.02 Dec 22, 2016 $3.02
Jun 14, 2017 $3.02 Dec 22, 2016 $3.02
Jun 21, 2017 $3.02 Dec 22, 2016 $3.02
Jun 28, 2017 $3.02 Dec 22, 2016 $3.02
Jul 5, 2017 $3.02 Dec 22, 2016 $3.02
Jul 12, 2017 $3.02 Dec 22, 2016 $3.02
Jul 19, 2017 $3.02 Dec 22, 2016 $3.02
Jul 26, 2017 $3.02 Dec 22, 2016 $3.02
Aug 2, 2017 $3.02 Dec 22, 2016 $3.02
Aug 9, 2017 $3.02 Dec 22, 2016 $3.02
Aug 16, 2017 $3.02 Dec 22, 2016 $3.02
Aug 23, 2017 $3.02 Dec 22, 2016 $3.02
Aug 30, 2017 $3.02 Dec 22, 2016 $3.02
Sep 6, 2017 $3.02 Dec 22, 2016 $3.02
Sep 13, 2017 $3.02 Dec 22, 2016 $3.02
Sep 20, 2017 $3.02 Dec 22, 2016 $3.02
Sep 27, 2017 $3.02 Dec 22, 2016 $3.02
Oct 4, 2017 $3.02 Dec 22, 2016 $3.02
Oct 11, 2017 $3.02 Dec 22, 2016 $3.02
Oct 18, 2017 $3.02 Dec 22, 2016 $3.02
Oct 25, 2017 $3.02 Dec 22, 2016 $3.02
Nov 1, 2017 $1.28 Dec 22, 2016 $1.28

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