To support sugarcane cultivation

Obara

Currently I Live In Maua Town In Meru County., Kenya

100% repaid

Entrepreneur

Name

Obara

Member since

April 2014

On-time repayments

345 installments  •  96%

About Me

I am a businessman and a farmer at the same time.I operate a curio shop in Maua town found in Meru county.I also have dairy cows at my rural home in kisii county.

My Business

I have three dairy cows which give me around USD 825 per month on top of my earnings from a curio shop of $530 per month. My average cost to run the business per month is $177 for the shop and USD 150 in my dairy cow farming per month. I also do online assignment with Brainy Writers who pay twice in every month. I do get an average of $352 per month. Their payment is made on 5th and 25th of every month.The only cost I incur to do these assignments is $12 for internet bundles monthly. The only risk involved in my curio shop business is that i deal with fragile goods. For online assignment, the risk involved is that sometimes orders are few for one quarter in a year. This makes me make an average of $60 per month.

Loan Proposal

I operate a curio shop at maua town in meru county. On average I get $530 per month. My average cost to run the business per month is $177 per month. I also do online assignment with Brainny writers who pay twice in every month. I do get an average of $352 per month. Their payment is made on 5th and 25th of every month.The only cost I incur to do these assignments is $12 for internet bundles monthly. The only risk involved in my curio shop business is that i deal with fragile goods. For online assignment, the risk involved is that there are two to three months in a year when the orders are very few. This makes me make an average of $60 per month. I have invested heavily in agriculture. I have a 6 year lease of an 8.5 acres of land at maasai land in a town called Enemasi. i have planted sugarcane which will be due for harvest june next year. This is why I need your financial injection to boost my plans. Therefore, the loan will enable me pay wages to employees who occasionally offer me labor in my sugarcane farm.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

May 9, 2014

Repayment status

On Time

Projected term

4 months

Lenders

JimVandegriff

Trinidad, California, United States

SeeMeeFi

Ontario, Canada

Erica

Caledon, Canada

P

planespotter

Berlin, Germany

Sarasota

Sarasota, Fl, United States

tonnyschonewille

Maastricht, Netherlands

dlpringle

Denver, United States

J

JeffH

United States

C

chrismac

United Kingdom

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Summary

Amount repaid

$154.88

Amount remaining

$0.00

Date repaid

Oct 5, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 19, 2014 $8.13 May 18, 2014 $8.13
May 26, 2014 $8.13 May 18, 2014 $0.01
May 25, 2014 $8.12
Jun 2, 2014 $8.13 May 25, 2014 $0.02
Jun 2, 2014 $8.11
Jun 9, 2014 $8.13 Jun 2, 2014 $0.04
Jun 8, 2014 $8.09
Jun 16, 2014 $8.13 Jun 8, 2014 $0.05
Jun 15, 2014 $8.08
Jun 23, 2014 $8.13 Jun 15, 2014 $0.02
Jun 22, 2014 $8.11
Jun 30, 2014 $8.13 Jun 22, 2014 $0.04
Jun 29, 2014 $8.09
Jul 7, 2014 $8.13 Jun 29, 2014 $0.05
Jul 6, 2014 $8.08
Jul 14, 2014 $8.13 Jul 6, 2014 $0.06
Jul 14, 2014 $8.07
Jul 21, 2014 $0.00
Jul 28, 2014 $8.14 Jul 14, 2014 $0.05
Jul 25, 2014 $8.09
Aug 4, 2014 $8.14 Jul 25, 2014 $8.14
Aug 11, 2014 $8.14 Jul 25, 2014 $0.16
Aug 4, 2014 $7.98
Aug 18, 2014 $8.14 Aug 4, 2014 $0.16
Aug 11, 2014 $7.98
Aug 25, 2014 $8.14 Aug 11, 2014 $0.05
Aug 18, 2014 $8.09
Sep 1, 2014 $8.14 Aug 18, 2014 $0.05
Aug 25, 2014 $8.09
Sep 8, 2014 $8.14 Aug 25, 2014 $0.05
Sep 1, 2014 $8.09
Sep 15, 2014 $8.14 Sep 1, 2014 $0.05
Sep 15, 2014 $8.09
Sep 22, 2014 $8.14 Sep 15, 2014 $0.05
Sep 22, 2014 $8.09
Sep 29, 2014 $8.14 Sep 22, 2014 $0.05
Sep 29, 2014 $8.09
Oct 6, 2014 $0.31 Sep 29, 2014 $0.05
Oct 5, 2014 $0.26

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