Entrepreneur
Name
Wesley
Member since
March 2015
On-time repayments
196 installments • 78%
About Me
I am Korir Wesley, a graduate in Bachelor of science in information technology. I have a passion in farming, I grew up in a farm and I spent most of my childhood working in our farm.
My Business
I ventured into tea seedling farming, this is after I did a research and found out that most farmers are willing and ready to plant tea but lacking the seedlings to plant. I saw a ready market and this led me into building a nursery.
Loan Proposal
I will the money to purchase more sleeves which means i will plant more seedlings. At the moment we are experiencing the long rains which is the best weather for tea planting. With this weather and the money i will get, i know will make a huge difference.
My budget is as follows
1. Sleeves----------$30
2. Labor------------$25
3. miscellaneous----$15
The cost of planting one seedling and the expenses required till maturity is approximately $0.05 and the price i expect to sell a seedling after 6 months is approximately $0.12.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$71.00
Date disbursed
May 28, 2016
Repayment status
On Time
Projected term
7 months
Lenders
Recife, Brazil
United States
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Summary
Amount repaid
$74.55
Amount remaining
$0.00
Date repaid
Jan 6, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 10, 2016 | $14.20 | Jun 10, 2016 | $14.20 |
| Jun 17, 2016 | $2.03 | Jun 17, 2016 | $2.03 |
| Jun 24, 2016 | $2.03 | Jun 24, 2016 | $2.03 |
| Jul 1, 2016 | $2.03 | Jul 4, 2016 | $2.03 |
| Jul 8, 2016 | $2.03 | Jul 9, 2016 | $2.03 |
| Jul 15, 2016 | $2.03 | Jul 15, 2016 | $2.03 |
| Jul 22, 2016 | $2.03 | Jul 22, 2016 | $2.03 |
| Jul 29, 2016 | $2.03 | Aug 1, 2016 | $2.03 |
| Aug 5, 2016 | $2.03 | Aug 6, 2016 | $2.03 |
| Aug 12, 2016 | $2.03 | Aug 13, 2016 | $2.03 |
| Aug 19, 2016 | $2.03 | Aug 21, 2016 | $2.03 |
| Aug 26, 2016 | $2.03 | Sep 2, 2016 | $2.03 |
| Sep 2, 2016 | $2.03 | Sep 9, 2016 | $2.03 |
| Sep 9, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Sep 16, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Sep 23, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Sep 30, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Oct 7, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Oct 14, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Oct 21, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Oct 28, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Nov 4, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Nov 11, 2016 | $2.03 | Nov 1, 2016 | $2.03 |
| Nov 18, 2016 | $2.03 | Nov 28, 2016 | $2.03 |
| Nov 25, 2016 | $2.03 | Nov 28, 2016 | $2.03 |
| Dec 2, 2016 | $2.03 | Nov 28, 2016 | $1.01 |
| Dec 17, 2016 | $1.01 | ||
| Dec 9, 2016 | $2.03 | Dec 17, 2016 | $2.03 |
| Dec 16, 2016 | $2.03 | Dec 17, 2016 | $2.03 |
| Dec 23, 2016 | $2.03 | Dec 17, 2016 | $1.01 |
| Jan 6, 2017 | $1.01 | ||
| Dec 30, 2016 | $2.03 | Jan 6, 2017 | $2.03 |
| Jan 6, 2017 | $1.52 | Jan 6, 2017 | $1.52 |
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