Purchase of 10 piglets for commercial purposes

Samuel Kuria

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel Kuria

Member since

January 2014

On-time repayments

371 installments  •  83%

About Me

My names are Samuel Kuria Ndungu,37yrs of age, currently living in Embakasi Pipeline,Rehema flats A12 Outering road Nairobi. I am a Technician and work in town in a company called Selex international ltd repairing ICT equipments apart from that i rear Quails in Rongai and have a family farm in Kiambu that we produce farm products, I get a certain percentage of the profits, I started the Quails business last year to boost my income and help me achieve certain goals in life. Most of the earning I buy more quails and their food and fertilizer for the farm. I intend to start exporting the Quails to other countries and part of the loans would be used for that.

My Business

I get my source of income from three places, First i earn a steady income as a Technician,My newest investment is the Keeping of pigs, I get good returns from them i buy one piglet for USD 50 and sell them at USD 2.5 per KG. Most of them weigh above 75kgs giving me a total of USD 187 per pig.I also Rear Quails in Rongai where i have several of them and i do sell them prices ranging from USD 3.9-5.6 depending on the age. Also i get a percentage of profits from a family farm in Kiambu. On a good month i can get a profit of between USD 111-167

Loan Proposal

Hi Lenders, I am forever grateful for the help you have given to me financially, It has been of great help to me and my family. These time around i am back to ask for your help again. I intend to purchase 10 piglets at a cost of USD 50 each. The market rate for a fully matured pig or minimum 75 kg pig is USD 2.5 per Kg. Giving a total of USD 187 per pig. In total i will Use USD 500 for the purchase and the rest for feeds and pay my worker. Part of the profit for Last time i was able to help my parents in paying school fees for my youngest sister who is still studying. Thank you Lenders in advance.

Feedback

10

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$579.01

Date disbursed

Aug 22, 2014

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Lender interest: $579.01 at 10.64% annual rate over 9 months = $49.76

Service fee: $16.70

Lenders

Kitty

Hailsham, United Kingdom

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Austin, United States

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jjonas

berlin, Germany

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fisaire

Ithaca, United States

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grahamfamily

Guildford, United Kingdom

B

bopsquod

Seattle, Wa, United States

Cloudways

Malta, Malta

F

Fischer

Calgary, Canada

M

Mårten

Inden, Switzerland

juliemartha

Lake Mary, United States

ads68

Melbourne, Australia

Bhayl

Stavanger, Norway

basicus

Cairo, Egypt

Cricketca

San Jose, United States

calvero

Bergen, Norway

gseletko

South Perth, Australia

D

DavidJSmu

North Attleboro, MA, United States

Sarasota

Sarasota, Fl, United States

S

seikatsu

Palo Alto, CA, United States

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

markpearson

Portsmouth, United Kingdom

H

Haavard

Bergen, Norway

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

D

Daisy

Netherlands

A

Ansgar

Australia

larry

Sweden

Agerfar

Aarhus, Denmark

P

Panda6689

United States

Vesa

Helsinki, Finland

Loungin

United States

Mikers

Netherlands

J

JF2014

United States

M

MigwiK

Brecht, Belgium

P

pdm083

United States

A

adamdreaming

United States

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  • Samuel Kuria    Dec 10, 2022

    Hi, I am so sorry for late payment, I am in Qatar for the last two months and I had issue with my mpesa. I am trying to sort it out then pay. Regards Sam

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  • Samuel Kuria    Sep 30, 2022

    Hi, I recently travelled out if the country, having a hard time repaying it. But will definitely do payments very soon. Thanks in advance

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  • Samuel Kuria    Aug 24, 2022

    Hi lenders, been a hectic few months and things looking terrible financially. I do promise to be UpTo date in a few weeks. But would like to adjust my installments

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  • Samuel Kuria    Jul 29, 2022

    Please allow me to reduce the installment to meet my obligation in paying the loan, i am pressed hard financially and i want to keep up with the repayment. Thanks in advance

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  • Samuel Kuria    Jul 5, 2022

    Hi kindly let me adjust the installment so that i can pay it in lump sum. thanks for the patient dear lenders

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  • Samuel Kuria    Jun 16, 2022

    Hi lenders, Kindly allow me to reduce the installment amount to enable me meet some obligations, thank you in advance

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  • Samuel Kuria    May 30, 2022

    Hi Lenders please allow me to reduce the installement amout so that i can pay the pending amount as a lamp sump. Thank you in advance

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  • Samuel Kuria    May 14, 2022

    Please allow me to reduce my installment as I am trying to make ends me thanks lenders

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  • Samuel Kuria    May 5, 2022

    hi i would like to reduce my installment briefly, thanks in advance

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  • Samuel Kuria    Apr 20, 2022

    Hi Kindly i would like to adjust the installment for a further 2 weeks, thanks in advance

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  • Samuel Kuria    Apr 11, 2022

    Kindly let me adjust the installment for a few weeks. thanks in advance

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  • Samuel Kuria    Mar 28, 2022

    Hi Lenders, kindly let me reduce the installments further, thanks in advance

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  • Samuel Kuria    Mar 15, 2022

    Kindly let me reduce my installment to enable me pay for the two weeks, thanks in advance

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  • Samuel Kuria    Mar 2, 2022

    kindly allow me to pay the new installment as i am having a bit of challenge at the moment, thank you

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  • Samuel Kuria    Feb 11, 2022

    Hi Lenders, would like to reduce my installment further for another two weeks. Thank you in advance

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  • Samuel Kuria    Jan 29, 2022

    Hi Lenders, I recently lost my Mum who had been suffering from Cancer. It's been tough for me and family. Would like to adjust slightly to get back on my feet. Thanks

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  • Samuel Kuria    Jan 7, 2022

    Hi lenders, wish to reduce momentarily to enable attend to return to school for the children. Thanks in advance

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  • Samuel Kuria    Dec 24, 2021

    Hi lenders and merry Christmas, wish to reduce the next two installments to enable me balance my expenditure for the remaining days of the year. Will resume normal installment thereafter.

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  • Samuel Kuria    Dec 10, 2021

    Hi Lenders, I wish to reduce my installment briefly due to an emergency I have. will resume normal installment soon. Thanks in advance

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  • Samuel Kuria    Nov 17, 2021

    Thankyou members for funding me, with the money i will be able to to buy a cow and expand the shade

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