Livestock farming (pigs)

Samuel Ngigi

Nairobi , Kenya

100% repaid

Entrepreneur

Name

Samuel Ngigi

Member since

October 2019

On-time repayments

98 installments  •  44%

About Me

Am Samuel Ngigi. Currently living in Nairobi Am a banker by profession and and currently doing pig farming here in Kenya

My Business

I do pig farming .The business is small scale, with a current herd of 50pigs. The major challenge is feeds, which are a bit costly. Another challenge being the market price,with a kg retailing for KES 460 whereas farmers sell at Kes/280 per Kg

Loan Proposal

Buy pig feeds .Pig feeds is a constitute 80pc of pig farming. I have 50 pigs which consume 3kg each per day. without sufficient working capital, i run the risk of shutting down my business.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$64.56

Date disbursed

Apr 1, 2020

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $5.72

Credit risk payment: $10.86

Lenders

Dan Brinkman

Lynden, WA, United States

Vratik Krocik

Prague, Czech Republic

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Summary

Amount repaid

$64.56

Amount remaining

$0.00

Date repaid

May 2, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 12, 2020 $10.76 Apr 17, 2020 $10.76
Apr 19, 2020 $10.76 Apr 19, 2020 $10.76
Apr 26, 2020 $10.76 Apr 27, 2020 $10.76
May 3, 2020 $10.76 May 2, 2020 $10.76
May 10, 2020 $10.76 May 2, 2020 $10.76
May 17, 2020 $10.75 May 2, 2020 $5.08
May 2, 2020 $5.67

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