Purchase of leather tanning chemicals
George
Saika - Omega, Kenya
45% repaid
Entrepreneur
Name
George
Member since
March 2014
On-time repayments
69 installments • 25%
About Me
My names are George Ngugi, am born again, married to one wife Elizabeth. I live in Omega Saika Nairobi along Kangundo road.
I am co founder of Soft leather company that deals with leather processing.
The company is young and growing with promise of expansion given the market availability across east Africa and across the region.
We get our products from nearby slaughter houses and market is readily available.
I have years of experience in leather processing having worked in various companies based in Nairobi Kenya.
My Business
The potential for growth in Kenya’s leather industry is considerable. The government estimates that value addition could more than double the current earnings to ksh 9 billion. The country has in recent years produced over two million hides (mainly cattle, with some camel) and around four million skins (goats and sheep).
The products in this sector include raw hides and skins; chrome tanned hides; wet blue skins and hides; shoes and she uppers/ footwear; finished leather; semi-finished leather products and PVC coated fabrics.
We are therefore involved in leather processing which forms the basics of our revenue.
Loan Proposal
I take this opportunity to most sincerely Zidisha team and lenders for according me another opportunity to place my second loan. Below is my budget for the loan requested.
1. Mimosa - 20gs @ 250KES x 20 = 5,000KES
2. Sodium Bi Carbonate - 20gs @ 160KES x 20 = 3,200KES
3. Fatliquor - 20Kgs @ 160KES x 20 = 3,200KES
4. Formic acid - 8Kgs x 132KES = 1,056KES
5. Transport - 300KES
TOTAL COSTS = 12,756KES
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$149.00
Date disbursed
Jun 17, 2014
Repayment status
Late
Projected term
15 months
Other loans
Lenders
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Summary
Amount repaid
$78.49
Amount remaining
$95.99
Expected completion
Sep 17, 2015
Status
Repaying late
Installment amount
$5.81
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 26, 2014 | $30.29 | Jul 5, 2014 | $30.29 |
| Jul 3, 2014 | $1.69 | Jul 5, 2014 | $1.69 |
| Jul 10, 2014 | $0.00 | ||
| Jul 17, 2014 | $0.00 | ||
| Jul 24, 2014 | $0.00 | ||
| Jul 31, 2014 | $0.00 | ||
| Aug 7, 2014 | $5.81 | Aug 7, 2014 | $5.81 |
| Aug 14, 2014 | $5.81 | Aug 14, 2014 | $5.81 |
| Aug 21, 2014 | $0.00 | ||
| Aug 28, 2014 | $0.00 | ||
| Sep 4, 2014 | $0.00 | ||
| Sep 11, 2014 | $0.00 | ||
| Sep 18, 2014 | $0.00 | ||
| Sep 25, 2014 | $2.33 | Sep 26, 2014 | $2.33 |
| Oct 2, 2014 | $2.33 | Oct 2, 2014 | $2.33 |
| Oct 9, 2014 | $2.33 | Nov 22, 2014 | $2.33 |
| Oct 16, 2014 | $2.33 | Nov 22, 2014 | $2.33 |
| Oct 23, 2014 | $2.33 | Nov 22, 2014 | $2.33 |
| Oct 30, 2014 | $2.33 | Nov 22, 2014 | $2.33 |
| Nov 6, 2014 | $2.33 | Nov 22, 2014 | $2.33 |
| Nov 13, 2014 | $2.33 | Nov 22, 2014 | $2.33 |
| Nov 20, 2014 | $2.33 | Nov 22, 2014 | $2.33 |
| Nov 27, 2014 | $2.33 | Nov 22, 2014 | $1.16 |
| Jan 4, 2015 | $1.16 | ||
| Dec 4, 2014 | $2.33 | Jan 4, 2015 | $2.33 |
| Dec 11, 2014 | $2.33 | Jan 4, 2015 | $2.33 |
| Dec 18, 2014 | $2.33 | Jan 4, 2015 | $2.33 |
| Dec 25, 2014 | $2.33 | Jan 4, 2015 | $2.33 |
| Jan 1, 2015 | $2.33 | Jan 4, 2015 | $2.33 |
| Jan 8, 2015 | $0.00 | ||
| Jan 15, 2015 | $0.00 | ||
| Jan 22, 2015 | $0.00 | ||
| Jan 29, 2015 | $0.00 | ||
| Feb 5, 2015 | $0.00 | ||
| Feb 12, 2015 | $0.00 | ||
| Feb 19, 2015 | $0.00 | ||
| Feb 26, 2015 | $0.00 | ||
| Mar 5, 2015 | $0.00 | ||
| Mar 12, 2015 | $0.00 | ||
| Mar 19, 2015 | $0.00 | ||
| Mar 26, 2015 | $0.00 | ||
| Apr 2, 2015 | $0.00 | ||
| Apr 9, 2015 | $0.00 | ||
| Apr 16, 2015 | $0.00 | ||
| Apr 23, 2015 | $0.00 | ||
| Apr 30, 2015 | $0.00 | ||
| May 7, 2015 | $0.00 | ||
| May 14, 2015 | $0.00 | ||
| May 21, 2015 | $0.00 | ||
| May 28, 2015 | $0.00 | ||
| Jun 4, 2015 | $5.81 | ||
| Jun 11, 2015 | $5.81 | ||
| Jun 18, 2015 | $5.81 | ||
| Jun 25, 2015 | $5.81 | ||
| Jul 2, 2015 | $5.81 | ||
| Jul 9, 2015 | $5.81 | ||
| Jul 16, 2015 | $5.81 | ||
| Jul 23, 2015 | $5.81 | ||
| Jul 30, 2015 | $5.81 | ||
| Aug 6, 2015 | $5.81 | ||
| Aug 13, 2015 | $5.81 | ||
| Aug 20, 2015 | $5.81 | ||
| Aug 27, 2015 | $5.81 | ||
| Sep 3, 2015 | $5.81 | ||
| Sep 10, 2015 | $5.81 | ||
| Sep 17, 2015 | $8.78 | ||
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