purchase a sack of maize to retail in the market
Paul
Siaya Town, Kenya
26% repaid
Entrepreneur
Name
Paul
Member since
February 2014
On-time repayments
260 installments • 3%
About Me
.MY STORY. I M MARRIED MAN AGED 36 YEARS. IAM ADIPLOMA HOLDER IN CO OPPRATIVE MANAGEMENT AT KABETE INSTITUTE NAIROBI .I DID MY O LEVEL AT KANYAWANGA HIGH SCHOOL .I HAVE WORKED WITH SEVERAL NGOS AND I HAVE AN EXPERIENCE IN BUSINESS. I AM A BUSINESS MANAGER BY OCCUPATION . I DECIDED TO USE THE KNOWLEDGE TO BEGIN A BUSINESS IN CEREALS AFTER I LACKED EMPLOYMENT SO THAT I COULD BECOME SELF EMO PLOYED. I PURCHASE FROM FARMERS MAIZE AND BEANS, PESTICIDES AND SACKS. I HAVE 2 CHILDREN AND 1 WIFE.I USE THE PROFIT I GET TO SUPPORT MY FAMILY , TO PAY SCHOOL FEES, RENT AND ETC.
My Business
ABOUT MY BUSINESS. MY BUSINESS IS LOCATED ALONG SIAYA KISUMU ROAD I DEAL WITH CERALS EG BEANS AND MAIZE WHICH I DISTRIBUTE TO VARIUOS SCHOOLS. I BUY BEANS AT 4000/= AND SELL IT @ 5500 OF WHICH I MAKE A PROFIT OF 800 ATFER DEDUCTING ALL THE EXPENSES. THE SAME APPLIES TO MAIZE WHICH I BUY AT 3000 PER BAG AND I SELL IT AT 4500, HENCE MAKING APROFIT OF 700 PER BAG AFTER DEDUCTIONS. APPROXIMATELY I MAKE A MONTHLY PROFIT OF 45000 WHICH I USE TO PAY MY HOUSE RENT, FEE FOR MY KIDS AND OTHER FAMILYN EXPENDITURE I WILL STILL USE THE SAME TO PAY MY ZIDISHA LOAN. MY RISKS ARE POOR ROAD SOMETIMES I GET IE DIFFICULT TO TRANSPORT MY GOODS TO CUSTOMERS BECAUSE OF BAD WEATHER, FLUCTUATIONS OF THE PRICES HENCE LOW PROFIT. I WOULD WISH TO EXPAND MY BUSINESS SINCE I HAVE MORE TENDERS BUT I DONT HAVE CAPITAL TO BUY.
Loan Proposal
i will use the loan to purchase asack of maize to retail right now theres very high demand for maize and the people in siaya use maize to make ugali as their staple food .1kg of maize i will buy @25/= then sell at 50/=@ making a profit of 100% this means i will buy 150kg which i will sell at 7500/= which gives me an instant profit of 3500/= i will use this to re invest another maize and also repay my loan
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
May 29, 2014
Repayment status
Late
Projected term
80 months
Lenders
Nashville, United States
Summary
Amount repaid
$17.41
Amount remaining
$49.27
Expected completion
May 24, 2019
Status
Repaying late
Installment amount
$0.59
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 6, 2014 | $2.94 | Jun 10, 2014 | $2.94 |
| Jun 13, 2014 | $0.00 | ||
| Jun 20, 2014 | $0.00 | ||
| Jun 27, 2014 | $0.00 | ||
| Jul 4, 2014 | $0.00 | ||
| Jul 11, 2014 | $0.00 | ||
| Jul 18, 2014 | $0.26 | Aug 26, 2014 | $0.26 |
| Jul 25, 2014 | $0.26 | Aug 26, 2014 | $0.26 |
| Aug 1, 2014 | $0.26 | Aug 26, 2014 | $0.26 |
| Aug 8, 2014 | $0.26 | Aug 26, 2014 | $0.26 |
| Aug 15, 2014 | $0.26 | Aug 26, 2014 | $0.26 |
| Aug 22, 2014 | $0.26 | Aug 26, 2014 | $0.26 |
| Aug 29, 2014 | $0.26 | Aug 26, 2014 | $0.21 |
| Sep 4, 2014 | $0.05 | ||
| Sep 5, 2014 | $0.26 | Sep 4, 2014 | $0.26 |
| Sep 12, 2014 | $0.26 | Sep 4, 2014 | $0.26 |
| Sep 19, 2014 | $0.26 | Sep 4, 2014 | $0.02 |
| Dec 1, 2014 | $0.24 | ||
| Sep 26, 2014 | $0.26 | Dec 1, 2014 | $0.26 |
| Oct 3, 2014 | $0.26 | Dec 1, 2014 | $0.26 |
| Oct 10, 2014 | $0.26 | Dec 1, 2014 | $0.26 |
| Oct 17, 2014 | $0.26 | Dec 1, 2014 | $0.26 |
| Oct 24, 2014 | $0.26 | Dec 1, 2014 | $0.14 |
| Dec 17, 2014 | $0.12 | ||
| Oct 31, 2014 | $0.26 | Dec 17, 2014 | $0.26 |
| Nov 7, 2014 | $0.26 | Dec 17, 2014 | $0.21 |
| Oct 19, 2018 | $0.05 | ||
| Nov 14, 2014 | $0.26 | Oct 19, 2018 | $0.26 |
| Nov 21, 2014 | $0.26 | Oct 19, 2018 | $0.26 |
| Nov 28, 2014 | $0.26 | Oct 19, 2018 | $0.02 |
| Oct 19, 2018 | $0.24 | ||
| Dec 5, 2014 | $0.26 | Oct 19, 2018 | $0.26 |
| Dec 12, 2014 | $0.26 | Oct 19, 2018 | $0.26 |
| Dec 19, 2014 | $0.26 | Oct 19, 2018 | $0.26 |
| Dec 26, 2014 | $0.26 | Oct 19, 2018 | $0.26 |
| Jan 2, 2015 | $0.26 | Oct 19, 2018 | $0.26 |
| Jan 9, 2015 | $0.26 | Oct 19, 2018 | $0.26 |
| Jan 16, 2015 | $0.26 | Oct 19, 2018 | $0.26 |
| Jan 23, 2015 | $0.26 | Oct 19, 2018 | $0.26 |
| Jan 30, 2015 | $0.26 | Oct 19, 2018 | $0.05 |
| Oct 25, 2018 | $0.21 | ||
| Feb 6, 2015 | $0.26 | Oct 25, 2018 | $0.14 |
| Oct 29, 2018 | $0.12 | ||
| Feb 13, 2015 | $0.26 | Oct 29, 2018 | $0.26 |
| Feb 20, 2015 | $0.26 | Oct 29, 2018 | $0.21 |
| Jan 1, 2019 | $0.05 | ||
| Feb 27, 2015 | $0.26 | Jan 1, 2019 | $0.26 |
| Mar 6, 2015 | $0.26 | Jan 1, 2019 | $0.05 |
| Jan 5, 2019 | $0.21 | ||
| Mar 13, 2015 | $0.26 | Jan 5, 2019 | $0.26 |
| Mar 20, 2015 | $0.26 | Jan 5, 2019 | $0.26 |
| Mar 27, 2015 | $0.26 | Jan 5, 2019 | $0.26 |
| Apr 3, 2015 | $0.26 | Jan 5, 2019 | $0.19 |
| Jan 7, 2019 | $0.07 | ||
| Apr 10, 2015 | $0.26 | Jan 7, 2019 | $0.26 |
| Apr 17, 2015 | $0.26 | Jan 7, 2019 | $0.26 |
| Apr 24, 2015 | $0.26 | Jan 7, 2019 | $0.26 |
| May 1, 2015 | $0.26 | Jan 7, 2019 | $0.26 |
| May 8, 2015 | $0.26 | Jan 7, 2019 | $0.26 |
| May 15, 2015 | $0.26 | Jan 7, 2019 | $0.26 |
| May 22, 2015 | $0.26 | Jan 7, 2019 | $0.26 |
| May 29, 2015 | $0.26 | Jan 7, 2019 | $0.26 |
| Jun 5, 2015 | $0.21 | Jan 7, 2019 | $0.21 |
| Jun 12, 2015 | $0.00 | ||
| Jun 19, 2015 | $0.00 | ||
| Jun 26, 2015 | $0.00 | ||
| Jul 3, 2015 | $0.00 | ||
| Jul 10, 2015 | $0.00 | ||
| Jul 17, 2015 | $0.00 | ||
| Jul 24, 2015 | $0.00 | ||
| Jul 31, 2015 | $0.00 | ||
| Aug 7, 2015 | $0.00 | ||
| Aug 14, 2015 | $0.00 | ||
| Aug 21, 2015 | $0.00 | ||
| Aug 28, 2015 | $0.00 | ||
| Sep 4, 2015 | $0.00 | ||
| Sep 11, 2015 | $0.00 | ||
| Sep 18, 2015 | $0.00 | ||
| Sep 25, 2015 | $0.00 | ||
| Oct 2, 2015 | $0.00 | ||
| Oct 9, 2015 | $0.00 | ||
| Oct 16, 2015 | $0.00 | ||
| Oct 23, 2015 | $0.00 | ||
| Oct 30, 2015 | $0.00 | ||
| Nov 6, 2015 | $0.00 | ||
| Nov 13, 2015 | $0.00 | ||
| Nov 20, 2015 | $0.00 | ||
| Nov 27, 2015 | $0.00 | ||
| Dec 4, 2015 | $0.00 | ||
| Dec 11, 2015 | $0.00 | ||
| Dec 18, 2015 | $0.00 | ||
| Dec 25, 2015 | $0.00 | ||
| Jan 1, 2016 | $0.00 | ||
| Jan 8, 2016 | $0.00 | ||
| Jan 15, 2016 | $0.00 | ||
| Jan 22, 2016 | $0.00 | ||
| Jan 29, 2016 | $0.00 | ||
| Feb 5, 2016 | $0.00 | ||
| Feb 12, 2016 | $0.00 | ||
| Feb 19, 2016 | $0.00 | ||
| Feb 26, 2016 | $0.00 | ||
| Mar 4, 2016 | $0.00 | ||
| Mar 11, 2016 | $0.00 | ||
| Mar 18, 2016 | $0.00 | ||
| Mar 25, 2016 | $0.00 | ||
| Apr 1, 2016 | $0.00 | ||
| Apr 8, 2016 | $0.00 | ||
| Apr 15, 2016 | $0.00 | ||
| Apr 22, 2016 | $0.00 | ||
| Apr 29, 2016 | $0.00 | ||
| May 6, 2016 | $0.00 | ||
| May 13, 2016 | $0.00 | ||
| May 20, 2016 | $0.00 | ||
| May 27, 2016 | $0.00 | ||
| Jun 3, 2016 | $0.00 | ||
| Jun 10, 2016 | $0.00 | ||
| Jun 17, 2016 | $0.00 | ||
| Jun 24, 2016 | $0.00 | ||
| Jul 1, 2016 | $0.00 | ||
| Jul 8, 2016 | $0.00 | ||
| Jul 15, 2016 | $0.00 | ||
| Jul 22, 2016 | $0.00 | ||
| Jul 29, 2016 | $0.00 | ||
| Aug 5, 2016 | $0.00 | ||
| Aug 12, 2016 | $0.00 | ||
| Aug 19, 2016 | $0.00 | ||
| Aug 26, 2016 | $0.00 | ||
| Sep 2, 2016 | $0.00 | ||
| Sep 9, 2016 | $0.00 | ||
| Sep 16, 2016 | $0.00 | ||
| Sep 23, 2016 | $0.00 | ||
| Sep 30, 2016 | $0.00 | ||
| Oct 7, 2016 | $0.00 | ||
| Oct 14, 2016 | $0.00 | ||
| Oct 21, 2016 | $0.00 | ||
| Oct 28, 2016 | $0.00 | ||
| Nov 4, 2016 | $0.00 | ||
| Nov 11, 2016 | $0.00 | ||
| Nov 18, 2016 | $0.00 | ||
| Nov 25, 2016 | $0.00 | ||
| Dec 2, 2016 | $0.00 | ||
| Dec 9, 2016 | $0.00 | ||
| Dec 16, 2016 | $0.00 | ||
| Dec 23, 2016 | $0.00 | ||
| Dec 30, 2016 | $0.00 | ||
| Jan 6, 2017 | $0.00 | ||
| Jan 13, 2017 | $0.00 | ||
| Jan 20, 2017 | $0.00 | ||
| Jan 27, 2017 | $0.00 | ||
| Feb 3, 2017 | $0.00 | ||
| Feb 10, 2017 | $0.00 | ||
| Feb 17, 2017 | $0.00 | ||
| Feb 24, 2017 | $0.00 | ||
| Mar 3, 2017 | $0.00 | ||
| Mar 10, 2017 | $0.00 | ||
| Mar 17, 2017 | $0.00 | ||
| Mar 24, 2017 | $0.00 | ||
| Mar 31, 2017 | $0.00 | ||
| Apr 7, 2017 | $0.00 | ||
| Apr 14, 2017 | $0.00 | ||
| Apr 21, 2017 | $0.00 | ||
| Apr 28, 2017 | $0.00 | ||
| May 5, 2017 | $0.00 | ||
| May 12, 2017 | $0.00 | ||
| May 19, 2017 | $0.00 | ||
| May 26, 2017 | $0.00 | ||
| Jun 2, 2017 | $0.00 | ||
| Jun 9, 2017 | $0.00 | ||
| Jun 16, 2017 | $0.00 | ||
| Jun 23, 2017 | $0.00 | ||
| Jun 30, 2017 | $0.00 | ||
| Jul 7, 2017 | $0.00 | ||
| Jul 14, 2017 | $0.00 | ||
| Jul 21, 2017 | $0.00 | ||
| Jul 28, 2017 | $0.00 | ||
| Aug 4, 2017 | $0.00 | ||
| Aug 11, 2017 | $0.00 | ||
| Aug 18, 2017 | $0.00 | ||
| Aug 25, 2017 | $0.00 | ||
| Sep 1, 2017 | $0.00 | ||
| Sep 8, 2017 | $0.00 | ||
| Sep 15, 2017 | $0.00 | ||
| Sep 22, 2017 | $0.00 | ||
| Sep 29, 2017 | $0.00 | ||
| Oct 6, 2017 | $0.00 | ||
| Oct 13, 2017 | $0.00 | ||
| Oct 20, 2017 | $0.00 | ||
| Oct 27, 2017 | $0.00 | ||
| Nov 3, 2017 | $0.00 | ||
| Nov 10, 2017 | $0.00 | ||
| Nov 17, 2017 | $0.00 | ||
| Nov 24, 2017 | $0.00 | ||
| Dec 1, 2017 | $0.00 | ||
| Dec 8, 2017 | $0.00 | ||
| Dec 15, 2017 | $0.00 | ||
| Dec 22, 2017 | $0.00 | ||
| Dec 29, 2017 | $0.00 | ||
| Jan 5, 2018 | $0.00 | ||
| Jan 12, 2018 | $0.00 | ||
| Jan 19, 2018 | $0.00 | ||
| Jan 26, 2018 | $0.00 | ||
| Feb 2, 2018 | $0.00 | ||
| Feb 9, 2018 | $0.00 | ||
| Feb 16, 2018 | $0.00 | ||
| Feb 23, 2018 | $0.00 | ||
| Mar 2, 2018 | $0.00 | ||
| Mar 9, 2018 | $0.00 | ||
| Mar 16, 2018 | $0.00 | ||
| Mar 23, 2018 | $0.00 | ||
| Mar 30, 2018 | $0.00 | ||
| Apr 6, 2018 | $0.00 | ||
| Apr 13, 2018 | $0.00 | ||
| Apr 20, 2018 | $0.00 | ||
| Apr 27, 2018 | $0.00 | ||
| May 4, 2018 | $0.00 | ||
| May 11, 2018 | $0.00 | ||
| May 18, 2018 | $0.00 | ||
| May 25, 2018 | $0.00 | ||
| Jun 1, 2018 | $0.00 | ||
| Jun 8, 2018 | $0.00 | ||
| Jun 15, 2018 | $0.00 | ||
| Jun 22, 2018 | $0.00 | ||
| Jun 29, 2018 | $0.00 | ||
| Jul 6, 2018 | $0.00 | ||
| Jul 13, 2018 | $0.00 | ||
| Jul 20, 2018 | $0.00 | ||
| Jul 27, 2018 | $0.00 | ||
| Aug 3, 2018 | $0.00 | ||
| Aug 10, 2018 | $0.00 | ||
| Aug 17, 2018 | $0.00 | ||
| Aug 24, 2018 | $0.00 | ||
| Aug 31, 2018 | $0.00 | ||
| Sep 7, 2018 | $0.00 | ||
| Sep 14, 2018 | $0.00 | ||
| Sep 21, 2018 | $0.00 | ||
| Sep 28, 2018 | $0.00 | ||
| Oct 5, 2018 | $0.00 | ||
| Oct 12, 2018 | $0.00 | ||
| Oct 19, 2018 | $0.00 | ||
| Oct 26, 2018 | $0.00 | ||
| Nov 2, 2018 | $0.00 | ||
| Nov 9, 2018 | $0.00 | ||
| Nov 16, 2018 | $0.00 | ||
| Nov 23, 2018 | $0.00 | ||
| Nov 30, 2018 | $0.00 | ||
| Dec 7, 2018 | $0.00 | ||
| Dec 14, 2018 | $0.00 | ||
| Dec 21, 2018 | $0.00 | ||
| Dec 28, 2018 | $0.00 | ||
| Jan 4, 2019 | $0.00 | ||
| Jan 11, 2019 | $0.00 | ||
| Jan 18, 2019 | $0.59 | Apr 8, 2019 | $0.59 |
| Jan 25, 2019 | $0.59 | Apr 8, 2019 | $0.59 |
| Feb 1, 2019 | $0.59 | Apr 8, 2019 | $0.59 |
| Feb 8, 2019 | $0.59 | Apr 8, 2019 | $0.59 |
| Feb 15, 2019 | $0.59 | ||
| Feb 22, 2019 | $0.00 | ||
| Mar 1, 2019 | $0.00 | ||
| Mar 8, 2019 | $0.00 | ||
| Mar 15, 2019 | $0.00 | ||
| Mar 22, 2019 | $0.00 | ||
| Mar 29, 2019 | $0.00 | ||
| Apr 5, 2019 | $0.00 | ||
| Apr 12, 2019 | $7.41 | ||
| Apr 19, 2019 | $7.41 | ||
| Apr 26, 2019 | $7.41 | ||
| May 3, 2019 | $7.41 | ||
| May 10, 2019 | $7.41 | ||
| May 17, 2019 | $7.41 | ||
| May 24, 2019 | $4.21 | ||
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