Entrepreneur
Name
Wesly
Member since
November 2014
On-time repayments
104 installments • 32%
About Me
My name is Wesly Mutai I am 22 years old married with one daughter. I finished my O levels in the year 2010. Since I could continue with college education due to lack of finances I decided to work in my nearby flower farm where I earn little money which can only cater for half of my basic needs. Thus I decided to start by rearing indigenous poultry which will not cost me alot of stress due to finances. I therefore started by buying 5 layers and a cockrel.
I am confident that if I rear a good number of these I will make a good earn out of it.
My Business
As indicated above I plan to rear indigenous poultry which will make good earnings. I assume that each day will earn me Ksh. 200 from the 10 eggs I will be collecting from the 10 layers. Thus in a month I know I will be getting Ksh. 6,000. This is only a start, also I will make sure that I multiply the same in about 3-5 months I should be having more than 30 chicks. I will also decide whether to sell the chicks when they will one months old at Ksh. 150 or I wait until they are mature where I can sell at Ksh. 500-Ksh. 700.
I am confident that this project will see me in a different platform of life. Everything will change drastically since my lifestyle will change from this project. I now plan to set up a structure from the loan I will get since my poultry structure is a small one which cannot contain 10 chicken.
Loan Proposal
I plan to set up a good poultry structure which will hold more than 20 chicken. The first thing will be to buy 10 poles @US 2.17= US 16.29, wiremesh @US 43.45, timber @ US @US 21.72, nails and labour at US 16.29.
Though the amount will be more than the requested, I have some savings which will do the rest.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 22, 2014
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
United States
Summary
Amount repaid
$106.56
Amount remaining
$0.00
Date repaid
Oct 2, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 4, 2015 | $3.12 | Dec 29, 2014 | $3.12 |
| Jan 11, 2015 | $3.12 | Dec 29, 2014 | $0.25 |
| Jan 5, 2015 | $2.88 | ||
| Jan 18, 2015 | $3.12 | Jan 5, 2015 | $0.49 |
| Jan 12, 2015 | $2.63 | ||
| Jan 25, 2015 | $3.12 | Jan 12, 2015 | $0.74 |
| Jan 19, 2015 | $2.38 | ||
| Feb 1, 2015 | $3.12 | Jan 19, 2015 | $0.99 |
| Jan 26, 2015 | $2.13 | ||
| Feb 8, 2015 | $3.12 | Jan 26, 2015 | $1.24 |
| Feb 2, 2015 | $1.89 | ||
| Feb 15, 2015 | $3.12 | Feb 2, 2015 | $1.48 |
| Feb 9, 2015 | $1.64 | ||
| Feb 22, 2015 | $3.12 | Feb 9, 2015 | $1.73 |
| Feb 16, 2015 | $1.39 | ||
| Mar 1, 2015 | $3.12 | Feb 16, 2015 | $1.98 |
| Feb 23, 2015 | $1.15 | ||
| Mar 8, 2015 | $3.12 | Feb 23, 2015 | $2.22 |
| Mar 2, 2015 | $0.90 | ||
| Mar 15, 2015 | $3.12 | Mar 2, 2015 | $2.47 |
| Mar 9, 2015 | $0.65 | ||
| Mar 22, 2015 | $3.12 | Mar 9, 2015 | $2.72 |
| Mar 16, 2015 | $0.40 | ||
| Mar 29, 2015 | $3.12 | Mar 16, 2015 | $2.97 |
| Mar 23, 2015 | $0.16 | ||
| Apr 5, 2015 | $3.12 | Mar 23, 2015 | $3.12 |
| Apr 12, 2015 | $3.12 | Mar 23, 2015 | $0.09 |
| Mar 30, 2015 | $3.03 | ||
| Apr 19, 2015 | $3.12 | Mar 30, 2015 | $0.34 |
| Apr 6, 2015 | $2.79 | ||
| Apr 26, 2015 | $3.12 | Apr 6, 2015 | $0.58 |
| Apr 13, 2015 | $2.54 | ||
| May 3, 2015 | $3.12 | Apr 13, 2015 | $0.83 |
| Apr 20, 2015 | $2.29 | ||
| May 10, 2015 | $3.12 | Apr 20, 2015 | $1.08 |
| Apr 27, 2015 | $2.04 | ||
| May 17, 2015 | $3.12 | Apr 27, 2015 | $1.33 |
| May 4, 2015 | $1.80 | ||
| May 24, 2015 | $3.12 | May 4, 2015 | $1.57 |
| May 12, 2015 | $1.55 | ||
| May 31, 2015 | $3.12 | May 12, 2015 | $1.82 |
| May 19, 2015 | $1.30 | ||
| Jun 7, 2015 | $3.12 | May 19, 2015 | $2.07 |
| May 26, 2015 | $1.06 | ||
| Jun 14, 2015 | $3.12 | May 26, 2015 | $2.31 |
| Jun 5, 2015 | $0.81 | ||
| Jun 21, 2015 | $3.12 | Jun 5, 2015 | $2.56 |
| Jun 20, 2015 | $0.56 | ||
| Jun 28, 2015 | $3.12 | Jun 20, 2015 | $2.81 |
| Aug 5, 2015 | $0.31 | ||
| Jul 5, 2015 | $3.12 | Aug 5, 2015 | $3.12 |
| Jul 12, 2015 | $3.12 | Aug 5, 2015 | $3.12 |
| Jul 19, 2015 | $3.12 | Aug 5, 2015 | $3.12 |
| Jul 26, 2015 | $3.12 | Aug 5, 2015 | $3.12 |
| Aug 2, 2015 | $3.12 | Aug 5, 2015 | $3.12 |
| Aug 9, 2015 | $3.12 | Aug 5, 2015 | $0.02 |
| Sep 16, 2015 | $3.10 | ||
| Aug 16, 2015 | $3.12 | Sep 16, 2015 | $2.52 |
| Oct 2, 2015 | $0.61 | ||
| Aug 23, 2015 | $3.48 | Oct 2, 2015 | $3.48 |
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