Purchase of maize for sale

Laban

Nairobi, Kenya

9% repaid

Entrepreneur

Name

Laban

Member since

January 2014

On-time repayments

269 installments  •  23%

About Me

My name is Laban Kemboi. I hold a bachelors degree in Business Management. I am a father of two and we live in the Outskirts of Nairobi City(Kawangware) to get to this place one will board a bus No. 46 from the city Centre and alight at a Stage called "Coast". I am currently employed(Permenently
) by a company in Nairobi Kenya . I decided to start a business in order to generate more income to suppliment my earnings. The earnings from the business are used to pay for bills and also invest further.

My Business

My business entails selling of Groceries within the place that i live. My products are on demand since Fruits and vegetable are normally consumed on daily basis hence there is a steady and regular market for my products .My ability to repay the loan is Quaranteed by my Current Job together with the profits am currently making from the business. My business is doing well since i treat my customers well and provide quality service and goods at an affordable price.
For this case i would like to state that i will be using my salary to repay the loan as and when granted since i earn a monthly salary regularly and this will augur well with the monthly repayments.

Loan Proposal

Thanks For Granting me anothe opportunity to borrow this Loan, I must Say that this Loans have really Improved My Business as well as Income as intended hence improving my life as well as that of the Family.
For This Loan i intend to Purchase 20 Bags of Maize @1600 kenyan Shillings,totalling up to kenya Shilings 32000/= The remaining Amount will be used to Buy Preservative, Labour and transportation Costs.

I intend to store Them awaiting a price increase around March -April, my target is to sell a bag @ 3000/= hence eventually Making a profit of about 1400/= per Bag and a total Gross Profit of 28000/=.

Over The Past Years i have noticed that Prices Normally Increasing around the said time but are currently cheap since it is harvesting time.

Looking forward for your support,Thanks in Advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$397.00

Date disbursed

Dec 30, 2014

Repayment status

Late

Projected term

75 months

Lenders

rebecca

Chapin SC, United States

J

johans

Malmö, Sweden

tjm212003

Montreal, Canada

C

cooperowl

Austin, Texas, United States

Roothog

copenhagen, Denmark

thepaddy

Essen, Germany

Dymero

Manchester, United States

J

jra299

New York, United States

D

Daniel

Cupertino, United States

Irvin

Vancouver, Canada

investor

Candiac, Canada

P

pradyot

Fairfax, United States

S

Slater86

Sydney, Australia

J

johnkinell

Stockholm, Sweden

C

Catolas

Kelowna, Canada

G

glosoli

Boston, United States

P

Philippe

Adliswil, Switzerland

W

Windsor

Calgary AB, Canada

A

adwatson

Milan, MI, United States

D

DrFeelGOOD

San Jose, United States

Joellen

Boulder, United States

E

Esuil

Vallentuna, Sweden

DHixenbaugh

Seattle, United States

R

RalphyCastro

Allentown, United States

DeanDropshot

Oslo, Norway

S

snowlilly

Sanford, United States

D

dallin1776

Blackfoot, United States

Tuomas

Helsinki, Finland

Silver

Steiermark, Austria

Judith

London, United Kingdom

A

anne339

Zwolle, Netherlands

L

ldron7

Utah, United States

Zidisha

Sterling, United States

J

Johnrock702

Saint Augustine, United States

B

blahblah

Nuernberg, Germany

TheWhiteCat

Surrey, United Kingdom

ads68

Melbourne, Australia

JM

Joseph Martinez

San Jose, United States

Bobrm2k3

Charleston, United States

Z

ZacJ89

RIverside, United States

Zal0m0n

Atlantis!!!! x), Mauritania

S

Sjors

Eindhoven, Netherlands

M

meric

Australia

M

merk85

United States

Vesa

Helsinki, Finland

C

CeciliaB

United States

Rachael101

Brisbane, Australia

SMOICE

Berlin, Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$64.04

Amount remaining

$622.51

Expected completion

Jun 9, 2019

Status

Repaying late

Installment amount

$76.29

Repayment History

Expected Payments Actual Payments
Jan 11, 2015 $5.06 Jan 26, 2015 $5.06
Jan 18, 2015 $5.06 Jan 26, 2015 $5.06
Jan 25, 2015 $5.06 Jan 26, 2015 $5.06
Feb 1, 2015 $3.37 Feb 1, 2015 $3.37
Feb 8, 2015 $3.37 Feb 27, 2015 $3.37
Feb 15, 2015 $3.37 Feb 27, 2015 $3.37
Feb 22, 2015 $3.37 Feb 27, 2015 $3.37
Mar 1, 2015 $0.00
Mar 8, 2015 $0.00
Mar 15, 2015 $0.00
Mar 22, 2015 $0.00
Mar 29, 2015 $0.00
Apr 5, 2015 $2.25 Apr 1, 2015 $2.25
Apr 12, 2015 $2.25 Apr 1, 2015 $2.25
Apr 19, 2015 $2.25 Apr 28, 2015 $2.25
Apr 26, 2015 $2.25 Apr 28, 2015 $2.25
May 3, 2015 $0.00
May 10, 2015 $0.00
May 17, 2015 $0.00
May 24, 2015 $0.00
May 31, 2015 $0.00
Jun 7, 2015 $0.00
Jun 14, 2015 $0.00
Jun 21, 2015 $0.00
Jun 28, 2015 $0.00
Jul 5, 2015 $1.12 Jul 4, 2015 $1.12
Jul 12, 2015 $1.12 Jul 4, 2015 $1.12
Jul 19, 2015 $1.12 Jul 4, 2015 $1.12
Jul 26, 2015 $1.12 Jul 4, 2015 $1.12
Aug 2, 2015 $1.12 Jul 4, 2015 $1.12
Aug 9, 2015 $1.12 Jul 4, 2015 $1.12
Aug 16, 2015 $1.12 Oct 1, 2015 $1.12
Aug 23, 2015 $1.12 Oct 1, 2015 $1.12
Aug 30, 2015 $1.12 Oct 1, 2015 $1.12
Sep 6, 2015 $1.12 Oct 1, 2015 $1.12
Sep 13, 2015 $1.12 Oct 1, 2015 $1.12
Sep 20, 2015 $1.12 Feb 28, 2019 $1.12
Sep 27, 2015 $1.12 Feb 28, 2019 $1.12
Oct 4, 2015 $1.12 Feb 28, 2019 $1.12
Oct 11, 2015 $1.12 Feb 28, 2019 $1.12
Oct 18, 2015 $1.12 Feb 28, 2019 $1.12
Oct 25, 2015 $1.12 Feb 28, 2019 $1.12
Nov 1, 2015 $1.12 Feb 28, 2019 $1.12
Nov 8, 2015 $1.12 Feb 28, 2019 $1.12
Nov 15, 2015 $1.12 Feb 28, 2019 $1.12
Nov 22, 2015 $1.12 Feb 28, 2019 $1.12
Nov 29, 2015 $0.00
Dec 6, 2015 $0.00
Dec 13, 2015 $0.00
Dec 20, 2015 $0.00
Dec 27, 2015 $0.00
Jan 3, 2016 $0.00
Jan 10, 2016 $0.00
Jan 17, 2016 $0.00
Jan 24, 2016 $0.00
Jan 31, 2016 $0.00
Feb 7, 2016 $0.00
Feb 14, 2016 $0.00
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $0.00
Mar 20, 2016 $0.00
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $0.00
Apr 17, 2016 $0.00
Apr 24, 2016 $0.00
May 1, 2016 $0.00
May 8, 2016 $0.00
May 15, 2016 $0.00
May 22, 2016 $0.00
May 29, 2016 $0.00
Jun 5, 2016 $0.00
Jun 12, 2016 $0.00
Jun 19, 2016 $0.00
Jun 26, 2016 $0.00
Jul 3, 2016 $0.00
Jul 10, 2016 $0.00
Jul 17, 2016 $0.00
Jul 24, 2016 $0.00
Jul 31, 2016 $0.00
Aug 7, 2016 $0.00
Aug 14, 2016 $0.00
Aug 21, 2016 $0.00
Aug 28, 2016 $0.00
Sep 4, 2016 $0.00
Sep 11, 2016 $0.00
Sep 18, 2016 $0.00
Sep 25, 2016 $0.00
Oct 2, 2016 $0.00
Oct 9, 2016 $0.00
Oct 16, 2016 $0.00
Oct 23, 2016 $0.00
Oct 30, 2016 $0.00
Nov 6, 2016 $0.00
Nov 13, 2016 $0.00
Nov 20, 2016 $0.00
Nov 27, 2016 $0.00
Dec 4, 2016 $0.00
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $0.00
Jan 8, 2017 $0.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.00
Feb 5, 2017 $0.00
Feb 12, 2017 $0.00
Feb 19, 2017 $0.00
Feb 26, 2017 $0.00
Mar 5, 2017 $0.00
Mar 12, 2017 $0.00
Mar 19, 2017 $0.00
Mar 26, 2017 $0.00
Apr 2, 2017 $0.00
Apr 9, 2017 $0.00
Apr 16, 2017 $0.00
Apr 23, 2017 $0.00
Apr 30, 2017 $0.00
May 7, 2017 $0.00
May 14, 2017 $0.00
May 21, 2017 $0.00
May 28, 2017 $0.00
Jun 4, 2017 $0.00
Jun 11, 2017 $0.00
Jun 18, 2017 $0.00
Jun 25, 2017 $0.00
Jul 2, 2017 $0.00
Jul 9, 2017 $0.00
Jul 16, 2017 $0.00
Jul 23, 2017 $0.00
Jul 30, 2017 $0.00
Aug 6, 2017 $0.00
Aug 13, 2017 $0.00
Aug 20, 2017 $0.00
Aug 27, 2017 $0.00
Sep 3, 2017 $0.00
Sep 10, 2017 $0.00
Sep 17, 2017 $0.00
Sep 24, 2017 $0.00
Oct 1, 2017 $0.00
Oct 8, 2017 $0.00
Oct 15, 2017 $0.00
Oct 22, 2017 $0.00
Oct 29, 2017 $0.00
Nov 5, 2017 $0.00
Nov 12, 2017 $0.00
Nov 19, 2017 $0.00
Nov 26, 2017 $0.00
Dec 3, 2017 $0.00
Dec 10, 2017 $0.00
Dec 17, 2017 $0.00
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $0.00
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $0.00
Mar 11, 2018 $0.00
Mar 18, 2018 $0.00
Mar 25, 2018 $0.00
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.00
Jun 3, 2018 $0.00
Jun 10, 2018 $0.00
Jun 17, 2018 $0.00
Jun 24, 2018 $0.00
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.00
Aug 19, 2018 $0.00
Aug 26, 2018 $0.00
Sep 2, 2018 $0.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $0.00
Jan 20, 2019 $0.00
Jan 27, 2019 $0.00
Feb 3, 2019 $0.00
Feb 10, 2019 $0.00
Feb 17, 2019 $0.00
Feb 24, 2019 $0.00
Mar 3, 2019 $0.00
Mar 10, 2019 $0.56 Mar 11, 2019 $0.56
Mar 17, 2019 $0.56 Mar 26, 2019 $0.56
Mar 24, 2019 $0.56 Mar 26, 2019 $0.56
Mar 31, 2019 $0.56 Apr 10, 2019 $0.56
Apr 7, 2019 $0.56 Apr 10, 2019 $0.56
Apr 14, 2019 $76.29
Apr 21, 2019 $76.29
Apr 28, 2019 $76.29
May 5, 2019 $76.29
May 12, 2019 $76.29
May 19, 2019 $76.29
May 26, 2019 $76.29
Jun 2, 2019 $76.29
Jun 9, 2019 $12.17

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