Stocking of beans

Victor

Iten Kaptoo Village, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

February 2014

On-time repayments

228 installments  •  69%

About Me

PERSONAL PROFILE
KIPKORIR VICTOR KIBOR
Iam known by the following names,born in 1984 kokwao sub-location Tambach division
In Keiyo district.I went to kokwao primary school and finished in the year 1999 thereafter joined Tambach Boys high school for four years.In the year( 2005-2006),went to Mbale progressive high school Uganda for A-level.
In the year (2009-2010),went top Regions group college and acquired a diploma in Business administration thereafter joined Kenya college of accountancy for a professional coure in Certified public accountant.
In the year 2014, i enrolled for a degree course in BCOM Kisii university and i graduated in Dec 2017
Currently in the year,2012 to date,I am employed in Transmara sugar company as an accountant.married in 2013 and blessed with 2 children.

My Business

TRACTOR FOR CANE HAULIAGE TO THE FACTORY FOR CRASHING:
Due to an increasing urge from the community, I opted to purchase one tractor for transporting cane to the factory .The cane will be carried to the factory and crashed and the end products that is Sugar will be used by the community to improve their livelihood's.
The reason for choosing this kind of business is due to an increasing demand by the businessmen for ease of transport of their cane. I have bought 1 tractor complete with a trailer and iam planning to add another one for efficiency.

The costs incurred in this case is as below:
1.A tractor Kes 1,500,000=USD 12,820/
2.Trailer Kes 500,000=USD 4,275/
3.Other spares Kes 200,000 =USD 1,709/

Total=USD 18,804/
The profit received from this will assist me in adding more tractors and employ some casuals in day to day tasks.
With this regards,I thank Zidisha team for there financial support and unity and I hope we shall be together as far as terms and conditions is concerned.
Thanks&Regards.

Loan Proposal

Dear my lenders, I am very much thankful for my first loan that I received and which have already serviced. It helped me much of which my business and stock was expanded. I am now again posting a new loan application for funding of which am planning to get a new stock of beans of which the demand is due from my customers and also new customers. Beans per one sack is KES 4000 Beans per sack in USD= 46 I would like to purchase 10 sacks of beans once my loan application is fully funded to enable me meet my stock target of my customers demands and also to enable me increase my capital percentage and interest as well of which will also enable me repay my loan in time. Thank you in advance, Victor Kibor

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Loan Info

Project Type

Classic Loan

Disbursed amount

$128.00

Date disbursed

Aug 12, 2014

Repayment status

On Time

Projected term

7 weeks

Lenders

M

MattLondon

London, United Kingdom

HE

help each other

Glasgow, United Kingdom

ads68

Melbourne, Australia

Zal0m0n

Atlantis!!!! x), Mauritania

S

SammyGeorge

Belfast, United Kingdom

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

larry

Sweden

Mikers

Netherlands

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Summary

Amount repaid

$130.31

Amount remaining

$0.00

Date repaid

Sep 21, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 22, 2014 $18.62 Aug 21, 2014 $18.62
Aug 29, 2014 $18.62 Aug 21, 2014 $4.64
Aug 29, 2014 $13.98
Sep 5, 2014 $18.62 Aug 29, 2014 $9.28
Sep 4, 2014 $9.34
Sep 12, 2014 $18.62 Sep 4, 2014 $13.92
Sep 12, 2014 $4.70
Sep 19, 2014 $18.62 Sep 12, 2014 $18.62
Sep 26, 2014 $18.62 Sep 12, 2014 $5.17
Sep 19, 2014 $13.44
Oct 3, 2014 $18.62 Sep 19, 2014 $18.59

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