Purchase of farming equipments and fertilizer
George
Nairobi, Kenya
35% repaid
Entrepreneur
Name
George
Member since
May 2014
On-time repayments
97 installments • 31%
About Me
Am a Kenyan aged 34,I come from Homabay county,homabay district,Rangwe division ,Kagan location,Komenya sub location ,Konyango Atieno village,Chiepe school area.I started my primary education at chiepe primary school where I did my KCPE in the year 1998.I then joined Luora secondary school where I did my KCSE examination and attained grade C (plain).I started this farming business to enable me further my education to college level,Assist my mother who is a widow,Siblings,my family and myself.Have manage to employ some community members to help me in the farm, have also purchased some piece of land to expand my farming and some farming tools.My hobby is advising idle youths to do something that can generate income and empower them.
My Business
Am currently doing farming business in the rural part of the country and selling the produce to the urban centre of the country.I will use this loan to buy more farming tools and fertilizer,I will pay back this loan with money from the sale of the farm produce.Members of the community and other customers prefer my goods due their good quality and they are affordable compared to my competitors.My business is profitable because the produce is always more than the capital used.The risk my business faces is drought but we mitigate that with irrigation.My monthly income is around USD750 my monthly Expenses is around USD600
Loan Proposal
I will use the loan if granted me to purchase farming equipment (hand cultivating machine)and fertilizers.The benefit will be increase in quantity and quality of my farming produce and this will result to more monthly additional income of a round USD225 these money will be used to improve my farming hence gross result of better life of I and my family.Am requesting lenders to support me because am not in a position to it by myself though my wish is to see my farming expanding.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$446.00
Date disbursed
Aug 29, 2014
Repayment status
Late
Projected term
20 months
Other loans
Lenders
utrecht, Netherlands
Tromsø, Norway
Republic of Korea
United States
Summary
Amount repaid
$183.93
Amount remaining
$339.56
Expected completion
Apr 22, 2016
Status
Repaying late
Installment amount
$5.81
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 5, 2014 | $22.20 | Sep 5, 2014 | $22.20 |
| Sep 12, 2014 | $22.20 | Sep 12, 2014 | $22.20 |
| Sep 19, 2014 | $0.00 | ||
| Sep 26, 2014 | $5.81 | Sep 29, 2014 | $5.81 |
| Oct 3, 2014 | $5.81 | Oct 6, 2014 | $5.81 |
| Oct 10, 2014 | $5.81 | Oct 14, 2014 | $5.81 |
| Oct 17, 2014 | $5.81 | Oct 18, 2014 | $5.81 |
| Oct 24, 2014 | $5.81 | Oct 30, 2014 | $5.81 |
| Oct 31, 2014 | $5.81 | Nov 5, 2014 | $5.81 |
| Nov 7, 2014 | $5.81 | Nov 13, 2014 | $5.81 |
| Nov 14, 2014 | $5.81 | Nov 21, 2014 | $5.81 |
| Nov 21, 2014 | $5.81 | Dec 8, 2014 | $5.81 |
| Nov 28, 2014 | $5.81 | Dec 15, 2014 | $5.81 |
| Dec 5, 2014 | $5.81 | Dec 15, 2014 | $5.81 |
| Dec 12, 2014 | $5.81 | Dec 15, 2014 | $5.81 |
| Dec 19, 2014 | $5.81 | Dec 15, 2014 | $5.81 |
| Dec 26, 2014 | $5.81 | Dec 21, 2014 | $5.81 |
| Jan 2, 2015 | $5.81 | Dec 29, 2014 | $5.81 |
| Jan 9, 2015 | $5.81 | Jan 6, 2015 | $5.81 |
| Jan 16, 2015 | $5.81 | Jan 20, 2015 | $5.81 |
| Jan 23, 2015 | $5.81 | Feb 7, 2015 | $5.81 |
| Jan 30, 2015 | $5.81 | Feb 7, 2015 | $5.81 |
| Feb 6, 2015 | $5.81 | Feb 27, 2015 | $5.81 |
| Feb 13, 2015 | $5.81 | Feb 27, 2015 | $5.81 |
| Feb 20, 2015 | $5.81 | Apr 14, 2015 | $5.81 |
| Feb 27, 2015 | $5.81 | Jun 8, 2015 | $5.81 |
| Mar 6, 2015 | $5.81 | Jun 27, 2015 | $5.81 |
| Mar 13, 2015 | $5.81 | ||
| Mar 20, 2015 | $5.81 | ||
| Mar 27, 2015 | $5.81 | ||
| Apr 3, 2015 | $5.81 | ||
| Apr 10, 2015 | $5.81 | ||
| Apr 17, 2015 | $5.81 | ||
| Apr 24, 2015 | $5.81 | ||
| May 1, 2015 | $5.81 | ||
| May 8, 2015 | $5.81 | ||
| May 15, 2015 | $5.81 | ||
| May 22, 2015 | $5.81 | ||
| May 29, 2015 | $5.81 | ||
| Jun 5, 2015 | $5.81 | ||
| Jun 12, 2015 | $5.81 | ||
| Jun 19, 2015 | $5.81 | ||
| Jun 26, 2015 | $5.81 | ||
| Jul 3, 2015 | $5.81 | ||
| Jul 10, 2015 | $5.81 | ||
| Jul 17, 2015 | $5.81 | ||
| Jul 24, 2015 | $5.81 | ||
| Jul 31, 2015 | $5.81 | ||
| Aug 7, 2015 | $5.81 | ||
| Aug 14, 2015 | $5.81 | ||
| Aug 21, 2015 | $5.81 | ||
| Aug 28, 2015 | $5.81 | ||
| Sep 4, 2015 | $5.81 | ||
| Sep 11, 2015 | $5.81 | ||
| Sep 18, 2015 | $5.81 | ||
| Sep 25, 2015 | $5.81 | ||
| Oct 2, 2015 | $5.81 | ||
| Oct 9, 2015 | $5.81 | ||
| Oct 16, 2015 | $5.81 | ||
| Oct 23, 2015 | $5.81 | ||
| Oct 30, 2015 | $5.81 | ||
| Nov 6, 2015 | $5.81 | ||
| Nov 13, 2015 | $5.81 | ||
| Nov 20, 2015 | $5.81 | ||
| Nov 27, 2015 | $5.81 | ||
| Dec 4, 2015 | $5.81 | ||
| Dec 11, 2015 | $5.81 | ||
| Dec 18, 2015 | $5.81 | ||
| Dec 25, 2015 | $5.81 | ||
| Jan 1, 2016 | $5.81 | ||
| Jan 8, 2016 | $5.81 | ||
| Jan 15, 2016 | $5.81 | ||
| Jan 22, 2016 | $5.81 | ||
| Jan 29, 2016 | $5.81 | ||
| Feb 5, 2016 | $5.81 | ||
| Feb 12, 2016 | $5.81 | ||
| Feb 19, 2016 | $5.81 | ||
| Feb 26, 2016 | $5.81 | ||
| Mar 4, 2016 | $5.81 | ||
| Mar 11, 2016 | $5.81 | ||
| Mar 18, 2016 | $5.81 | ||
| Mar 25, 2016 | $5.81 | ||
| Apr 1, 2016 | $5.81 | ||
| Apr 8, 2016 | $5.81 | ||
| Apr 15, 2016 | $5.81 | ||
| Apr 22, 2016 | $2.35 | ||
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