Michael
Kisauni, Kenya
63% repaid
Name
Michael
Member since
March 2015
On-time repayments
234 installments • 99%
My name is Michael Kinaro but most of my friends call me Mike. Mike was born in Central Kenya where almost everybody is a farmer. The area is known for potato and tomatoes production which is normally consumed in the capital city Nairobi.
My parents like everyone else in the area are farmers and it is this early exposure to farming that would shape my future. I did my primary and secondary education and then proceeded to Mombasa to join my uncle who was well established in business. He was a wholesaler in arguably the largest market in East Africa called Kongowea in Mombasa. This is a market where many food produce from the country and even from neighboring countries are sold.
He trained me for one year and then I started my own business within the market. This is what I am doing to date.
I am very sound spiritually and I serve as a deacon in my church. I joined a theological college a few years ago and did a diploma course in theology; in an effort to get to know the word of God better. I harbor desire to do a degree course, in the same field - time and resources allowing.
I deal with selling of fresh tomatoes and onions at the Kongowea market. I source the produce from upcountry where these crops grow abundantly. This is a business that calls for speed delivery due to its perishable nature. For this reason, my day starts quite early at 4.00 a.m when I arrive at the market to receive the produce which is transported overnight for a distance of about 600km. My day of work ends at 2.00 p.m when I sell my last tomato.
I normally sell tomatoes in boxes. My main clients are retailers and hotel owners. I am proud of this business because it is the one that supports my family 100%. I am able to make a modest profit of about $200 per month but this can go higher during the peak tourism season when big hotels buy these products in large quantities.
I am hoping to diversify my range of products to include fruits like mangoes and oranges which do quite well in the market.
I have been selling my vegetables in an open air place. Luckily, our government constructed stalls within the market with cooling facilities. I have already booked one such store and I am required to pay USD 500 as deposit and another USD 250 as quarterly rent payment.
This loan will be enough for me to make this important transition which will be a major milestone in my business. The stall will provide a more hygienic environment for the vegetables and the cooler will add the shelf life of this perishable produce. This in turn will increase my profitability since there will be less wastage.
Thank you for your continued support.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$814.00
Date disbursed
Jul 25, 2017
Repayment status
Late
Projected term
29 months
Other loans
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Amount repaid
$516.62
Amount remaining
$297.49
Expected completion
Jan 3, 2020
Status
Repaying late
Installment amount
$415.04
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 4, 2017 | $14.82 | Aug 4, 2017 | $14.82 |
Aug 11, 2017 | $14.82 | Aug 4, 2017 | $4.94 |
Aug 12, 2017 | $9.88 | ||
Aug 18, 2017 | $14.82 | Aug 12, 2017 | $4.94 |
Aug 19, 2017 | $9.88 | ||
Aug 25, 2017 | $14.82 | Aug 19, 2017 | $4.94 |
Sep 1, 2017 | $9.88 | ||
Sep 1, 2017 | $14.82 | Sep 1, 2017 | $4.94 |
Sep 8, 2017 | $9.88 | ||
Sep 8, 2017 | $14.82 | Sep 8, 2017 | $9.88 |
Sep 17, 2017 | $4.94 | ||
Sep 15, 2017 | $14.82 | Sep 17, 2017 | $14.82 |
Sep 22, 2017 | $14.82 | Sep 23, 2017 | $14.82 |
Sep 29, 2017 | $14.82 | Oct 2, 2017 | $14.82 |
Oct 6, 2017 | $14.82 | Oct 7, 2017 | $14.82 |
Oct 13, 2017 | $14.82 | Oct 20, 2017 | $14.82 |
Oct 20, 2017 | $14.82 | Oct 20, 2017 | $4.94 |
Nov 3, 2017 | $9.88 | ||
Oct 27, 2017 | $14.82 | Nov 3, 2017 | $14.82 |
Nov 3, 2017 | $14.82 | Nov 10, 2017 | $14.82 |
Nov 10, 2017 | $14.82 | Nov 18, 2017 | $14.82 |
Nov 17, 2017 | $14.82 | Nov 18, 2017 | $14.82 |
Nov 24, 2017 | $14.82 | Nov 25, 2017 | $14.82 |
Dec 1, 2017 | $14.82 | Dec 2, 2017 | $14.82 |
Dec 8, 2017 | $14.82 | Dec 16, 2017 | $14.82 |
Dec 15, 2017 | $14.82 | Dec 16, 2017 | $9.88 |
Dec 23, 2017 | $4.94 | ||
Dec 22, 2017 | $0.00 | ||
Dec 29, 2017 | $0.00 | ||
Jan 5, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Jan 12, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Jan 19, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Jan 26, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Feb 2, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Feb 9, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Feb 16, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Feb 23, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Mar 2, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Mar 9, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Mar 16, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Mar 23, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Mar 30, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Apr 6, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Apr 13, 2018 | $0.99 | Dec 23, 2017 | $0.99 |
Apr 20, 2018 | $0.99 | Jan 5, 2018 | $0.99 |
Apr 27, 2018 | $0.99 | Jan 12, 2018 | $0.99 |
May 4, 2018 | $0.99 | Jan 20, 2018 | $0.99 |
May 11, 2018 | $0.99 | Jan 27, 2018 | $0.99 |
May 18, 2018 | $0.99 | Feb 4, 2018 | $0.99 |
May 25, 2018 | $0.99 | Feb 10, 2018 | $0.99 |
Jun 1, 2018 | $0.99 | Feb 17, 2018 | $0.99 |
Jun 8, 2018 | $0.99 | Feb 24, 2018 | $0.99 |
Jun 15, 2018 | $0.99 | Mar 1, 2018 | $0.99 |
Jun 22, 2018 | $0.99 | Mar 2, 2018 | $0.99 |
Jun 29, 2018 | $0.99 | Mar 16, 2018 | $0.99 |
Jul 6, 2018 | $0.99 | Mar 16, 2018 | $0.99 |
Jul 13, 2018 | $0.99 | Mar 16, 2018 | $0.99 |
Jul 20, 2018 | $0.99 | Mar 16, 2018 | $0.99 |
Jul 27, 2018 | $0.99 | Mar 16, 2018 | $0.99 |
Aug 3, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Aug 10, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Aug 17, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Aug 24, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Aug 31, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Sep 7, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Sep 14, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Sep 21, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Sep 28, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Oct 5, 2018 | $0.99 | Mar 30, 2018 | $0.99 |
Oct 12, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Oct 19, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Oct 26, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Nov 2, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Nov 9, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Nov 16, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Nov 23, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Nov 30, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Dec 7, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Dec 14, 2018 | $0.99 | Apr 7, 2018 | $0.99 |
Dec 21, 2018 | $0.99 | Apr 27, 2018 | $0.99 |
Dec 28, 2018 | $0.99 | Apr 27, 2018 | $0.99 |
Jan 4, 2019 | $0.99 | Apr 27, 2018 | $0.99 |
Jan 11, 2019 | $0.99 | Apr 27, 2018 | $0.99 |
Jan 18, 2019 | $0.99 | Apr 27, 2018 | $0.99 |
Jan 25, 2019 | $0.99 | Apr 27, 2018 | $0.99 |
Feb 1, 2019 | $0.99 | Apr 27, 2018 | $0.99 |
Feb 8, 2019 | $0.99 | Apr 27, 2018 | $0.99 |
Feb 15, 2019 | $0.99 | Apr 27, 2018 | $0.99 |
Feb 22, 2019 | $0.99 | Apr 27, 2018 | $0.99 |
Mar 1, 2019 | $0.99 | May 12, 2018 | $0.99 |
Mar 8, 2019 | $0.99 | May 12, 2018 | $0.99 |
Mar 15, 2019 | $0.99 | May 12, 2018 | $0.99 |
Mar 22, 2019 | $0.99 | May 12, 2018 | $0.99 |
Mar 29, 2019 | $0.99 | May 12, 2018 | $0.99 |
Apr 5, 2019 | $0.99 | May 12, 2018 | $0.99 |
Apr 12, 2019 | $0.99 | May 12, 2018 | $0.99 |
Apr 19, 2019 | $0.99 | May 12, 2018 | $0.99 |
Apr 26, 2019 | $0.99 | May 12, 2018 | $0.99 |
May 3, 2019 | $0.99 | May 12, 2018 | $0.99 |
May 10, 2019 | $0.99 | May 12, 2018 | $0.99 |
May 17, 2019 | $0.99 | May 12, 2018 | $0.99 |
May 24, 2019 | $0.99 | May 12, 2018 | $0.99 |
May 31, 2019 | $0.99 | May 12, 2018 | $0.99 |
Jun 7, 2019 | $0.99 | May 12, 2018 | $0.99 |
Jun 14, 2019 | $0.99 | May 20, 2018 | $0.99 |
Jun 21, 2019 | $0.99 | May 20, 2018 | $0.99 |
Jun 28, 2019 | $0.99 | May 20, 2018 | $0.99 |
Jul 5, 2019 | $0.99 | May 20, 2018 | $0.99 |
Jul 12, 2019 | $0.99 | May 20, 2018 | $0.99 |
Jul 19, 2019 | $0.99 | May 20, 2018 | $0.99 |
Jul 26, 2019 | $0.99 | May 20, 2018 | $0.99 |
Aug 2, 2019 | $0.99 | May 20, 2018 | $0.99 |
Aug 9, 2019 | $0.99 | May 20, 2018 | $0.99 |
Aug 16, 2019 | $0.99 | May 20, 2018 | $0.99 |
Aug 23, 2019 | $0.99 | May 26, 2018 | $0.99 |
Aug 30, 2019 | $0.99 | May 26, 2018 | $0.99 |
Sep 6, 2019 | $0.99 | May 26, 2018 | $0.99 |
Sep 13, 2019 | $0.99 | May 26, 2018 | $0.99 |
Sep 20, 2019 | $0.99 | May 26, 2018 | $0.99 |
Sep 27, 2019 | $0.99 | May 26, 2018 | $0.99 |
Oct 4, 2019 | $0.99 | May 26, 2018 | $0.99 |
Oct 11, 2019 | $0.99 | May 26, 2018 | $0.99 |
Oct 18, 2019 | $0.99 | May 26, 2018 | $0.99 |
Oct 25, 2019 | $0.99 | May 26, 2018 | $0.99 |
Nov 1, 2019 | $0.99 | May 26, 2018 | $0.99 |
Nov 8, 2019 | $0.99 | May 26, 2018 | $0.99 |
Nov 15, 2019 | $0.99 | May 26, 2018 | $0.99 |
Nov 22, 2019 | $0.99 | May 26, 2018 | $0.99 |
Nov 29, 2019 | $0.99 | May 26, 2018 | $0.99 |
Dec 6, 2019 | $0.99 | Jun 30, 2018 | $0.99 |
Dec 13, 2019 | $0.99 | Jun 30, 2018 | $0.99 |
Dec 20, 2019 | $0.99 | Jun 30, 2018 | $0.99 |
Dec 27, 2019 | $0.99 | Jun 30, 2018 | $0.99 |
Jan 3, 2020 | $415.04 | Jun 30, 2018 | $15.80 |
Jul 8, 2018 | $19.76 | ||
Jul 14, 2018 | $19.76 | ||
Jan 4, 2019 | $9.88 | ||
Jan 12, 2019 | $12.84 | ||
Jan 16, 2019 | $14.82 | ||
Jan 25, 2019 | $9.88 | ||
Jan 26, 2019 | $9.88 | ||
Feb 1, 2019 | $9.88 | ||
Feb 15, 2019 | $9.88 |
(Comment deleted by author)
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