Thank you lenders for your continued support! i will use the loan for financing the mpesa and upgrading my poultry farmi...
Archsel
Pipeline Nairobi, Kenya
12% repaid
Entrepreneur
Name
Archsel
Member since
June 2013
On-time repayments
170 installments • 9%
About Me
Am Archsel Ghelomba Mwanake, a male aged 26yrs. I’m a Kenyan by citizen, Single and I live in pipeline, Nairobi. Am employed as accounts assistant.
Am pursuing accounts and am in CPA 2.apart from my employment i am ensuring that my business runs smoothly as at home apart my mum who is a business lady i also do have my sister who ensures to be keeping me daily reports before i go over the weekend to see how my business is doing.
I decided to venture into a business because I need extra income to finance my education.
I use the earnings from my business to purchase more chickens because I do poultry keeping.
My Business
My business is poultry keeping and its located in Taita, Coast province. I supply both eggs and chicken’s meat to hotels. There’s a very high demand because hotels are many and few people do the business. My customers do prefer my business because I deliver the goods to their premises, sometimes my customers may be fixed and they don’t have money to pay for the goods delivered, I give them on credit and pay for the goods after selling. My business is profitable because it’s a kind of monopoly and so I determine the price. Challenges are like; transporting the goods, some customers delay to pay for goods supplied whenever given on credit, maintenance cost.
Monthly cost are; buying feeds, labour cost, transportation cost.
I get sales revenue of approximately Kshs. 60,000.00 in a month and after deducting all expenses I get a profit of kshs. 30,000.00
I’m employed and my job can help me to repay the loan
Loan Proposal
Thank you lenders for your continued support! I will use the loan for financing the Mpesa and upgrading my poultry farming.80% of the loan will be used to add float to the Mpesa which will attract more customers,later allowing me to earn more commissions.
I will also use part of the loan 20% to increase my poultry welfare by buying the them layers marsh and broiler booster.
i really appreciate your continued support and God bless you.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$446.00
Date disbursed
Jan 23, 2014
Repayment status
Late
Projected term
38 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
Summary
Amount repaid
$65.88
Amount remaining
$492.14
Expected completion
Mar 9, 2017
Status
Repaying late
Installment amount
$3.53
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 30, 2014 | $0.00 | ||
| Feb 6, 2014 | $3.53 | Feb 19, 2014 | $3.53 |
| Feb 13, 2014 | $3.53 | Feb 19, 2014 | $3.53 |
| Feb 20, 2014 | $3.53 | Feb 19, 2014 | $1.18 |
| Mar 2, 2014 | $2.35 | ||
| Feb 27, 2014 | $3.53 | Mar 2, 2014 | $3.53 |
| Mar 6, 2014 | $3.53 | Mar 2, 2014 | $3.53 |
| Mar 14, 2014 | $3.53 | Mar 2, 2014 | $2.35 |
| Apr 1, 2014 | $1.18 | ||
| Mar 21, 2014 | $3.53 | Apr 1, 2014 | $3.53 |
| Mar 28, 2014 | $1.18 | Apr 1, 2014 | $1.18 |
| Apr 4, 2014 | $0.00 | ||
| Apr 11, 2014 | $0.00 | ||
| Apr 18, 2014 | $0.00 | ||
| Apr 25, 2014 | $3.53 | May 26, 2014 | $3.53 |
| May 2, 2014 | $3.53 | May 26, 2014 | $3.53 |
| May 9, 2014 | $3.53 | May 26, 2014 | $3.53 |
| May 16, 2014 | $3.53 | May 26, 2014 | $3.53 |
| May 23, 2014 | $3.53 | May 26, 2014 | $2.35 |
| Jul 21, 2014 | $1.18 | ||
| May 30, 2014 | $3.53 | Jul 21, 2014 | $3.53 |
| Jun 6, 2014 | $3.53 | Jul 21, 2014 | $3.53 |
| Jun 13, 2014 | $3.53 | Jul 21, 2014 | $3.53 |
| Jun 20, 2014 | $3.53 | Jul 21, 2014 | $3.53 |
| Jun 27, 2014 | $3.53 | Jul 21, 2014 | $3.53 |
| Jul 4, 2014 | $3.53 | Jul 21, 2014 | $1.18 |
| Oct 10, 2014 | $2.35 | ||
| Jul 11, 2014 | $3.53 | Oct 10, 2014 | $1.18 |
| Jul 18, 2014 | $3.53 | ||
| Jul 25, 2014 | $3.53 | ||
| Aug 1, 2014 | $3.53 | ||
| Aug 8, 2014 | $3.53 | ||
| Aug 15, 2014 | $3.53 | ||
| Aug 22, 2014 | $3.53 | ||
| Aug 29, 2014 | $3.53 | ||
| Sep 5, 2014 | $3.53 | ||
| Sep 12, 2014 | $3.53 | ||
| Sep 19, 2014 | $3.53 | ||
| Sep 26, 2014 | $3.53 | ||
| Oct 3, 2014 | $3.53 | ||
| Oct 10, 2014 | $3.53 | ||
| Oct 17, 2014 | $3.53 | ||
| Oct 24, 2014 | $3.53 | ||
| Oct 31, 2014 | $3.53 | ||
| Nov 6, 2014 | $3.53 | ||
| Nov 13, 2014 | $3.53 | ||
| Nov 20, 2014 | $3.53 | ||
| Nov 27, 2014 | $3.53 | ||
| Dec 4, 2014 | $3.53 | ||
| Dec 11, 2014 | $3.53 | ||
| Dec 18, 2014 | $3.53 | ||
| Dec 25, 2014 | $3.53 | ||
| Jan 1, 2015 | $3.53 | ||
| Jan 8, 2015 | $3.53 | ||
| Jan 15, 2015 | $3.53 | ||
| Jan 22, 2015 | $3.53 | ||
| Jan 29, 2015 | $3.53 | ||
| Feb 5, 2015 | $3.53 | ||
| Feb 12, 2015 | $3.53 | ||
| Feb 19, 2015 | $3.53 | ||
| Feb 26, 2015 | $3.53 | ||
| Mar 5, 2015 | $3.53 | ||
| Mar 13, 2015 | $3.53 | ||
| Mar 20, 2015 | $3.53 | ||
| Mar 27, 2015 | $3.53 | ||
| Apr 3, 2015 | $3.53 | ||
| Apr 10, 2015 | $3.53 | ||
| Apr 17, 2015 | $3.53 | ||
| Apr 24, 2015 | $3.53 | ||
| May 1, 2015 | $3.53 | ||
| May 8, 2015 | $3.53 | ||
| May 15, 2015 | $3.53 | ||
| May 22, 2015 | $3.53 | ||
| May 29, 2015 | $3.53 | ||
| Jun 5, 2015 | $3.53 | ||
| Jun 12, 2015 | $3.53 | ||
| Jun 19, 2015 | $3.53 | ||
| Jun 26, 2015 | $3.53 | ||
| Jul 3, 2015 | $3.53 | ||
| Jul 10, 2015 | $3.53 | ||
| Jul 17, 2015 | $3.53 | ||
| Jul 24, 2015 | $3.53 | ||
| Jul 31, 2015 | $3.53 | ||
| Aug 7, 2015 | $3.53 | ||
| Aug 14, 2015 | $3.53 | ||
| Aug 21, 2015 | $3.53 | ||
| Aug 28, 2015 | $3.53 | ||
| Sep 4, 2015 | $3.53 | ||
| Sep 11, 2015 | $3.53 | ||
| Sep 18, 2015 | $3.53 | ||
| Sep 25, 2015 | $3.53 | ||
| Oct 2, 2015 | $3.53 | ||
| Oct 9, 2015 | $3.53 | ||
| Oct 16, 2015 | $3.53 | ||
| Oct 23, 2015 | $3.53 | ||
| Oct 30, 2015 | $3.53 | ||
| Nov 5, 2015 | $3.53 | ||
| Nov 12, 2015 | $3.53 | ||
| Nov 19, 2015 | $3.53 | ||
| Nov 26, 2015 | $3.53 | ||
| Dec 3, 2015 | $3.53 | ||
| Dec 10, 2015 | $3.53 | ||
| Dec 17, 2015 | $3.53 | ||
| Dec 24, 2015 | $3.53 | ||
| Dec 31, 2015 | $3.53 | ||
| Jan 7, 2016 | $3.53 | ||
| Jan 14, 2016 | $3.53 | ||
| Jan 21, 2016 | $3.53 | ||
| Jan 28, 2016 | $3.53 | ||
| Feb 4, 2016 | $3.53 | ||
| Feb 11, 2016 | $3.53 | ||
| Feb 18, 2016 | $3.53 | ||
| Feb 25, 2016 | $3.53 | ||
| Mar 3, 2016 | $3.53 | ||
| Mar 10, 2016 | $3.53 | ||
| Mar 18, 2016 | $3.53 | ||
| Mar 25, 2016 | $3.53 | ||
| Apr 1, 2016 | $3.53 | ||
| Apr 8, 2016 | $3.53 | ||
| Apr 15, 2016 | $3.53 | ||
| Apr 22, 2016 | $3.53 | ||
| Apr 29, 2016 | $3.53 | ||
| May 6, 2016 | $3.53 | ||
| May 13, 2016 | $3.53 | ||
| May 20, 2016 | $3.53 | ||
| May 27, 2016 | $3.53 | ||
| Jun 3, 2016 | $3.53 | ||
| Jun 10, 2016 | $3.53 | ||
| Jun 17, 2016 | $3.53 | ||
| Jun 24, 2016 | $3.53 | ||
| Jul 1, 2016 | $3.53 | ||
| Jul 8, 2016 | $3.53 | ||
| Jul 15, 2016 | $3.53 | ||
| Jul 22, 2016 | $3.53 | ||
| Jul 29, 2016 | $3.53 | ||
| Aug 5, 2016 | $3.53 | ||
| Aug 12, 2016 | $3.53 | ||
| Aug 19, 2016 | $3.53 | ||
| Aug 26, 2016 | $3.53 | ||
| Sep 2, 2016 | $3.53 | ||
| Sep 9, 2016 | $3.53 | ||
| Sep 16, 2016 | $3.53 | ||
| Sep 23, 2016 | $3.53 | ||
| Sep 30, 2016 | $3.53 | ||
| Oct 7, 2016 | $3.53 | ||
| Oct 14, 2016 | $3.53 | ||
| Oct 21, 2016 | $3.53 | ||
| Oct 28, 2016 | $3.53 | ||
| Nov 4, 2016 | $3.53 | ||
| Nov 10, 2016 | $3.53 | ||
| Nov 17, 2016 | $3.53 | ||
| Nov 24, 2016 | $3.53 | ||
| Dec 1, 2016 | $3.53 | ||
| Dec 8, 2016 | $3.53 | ||
| Dec 15, 2016 | $3.53 | ||
| Dec 22, 2016 | $3.53 | ||
| Dec 29, 2016 | $3.53 | ||
| Jan 5, 2017 | $3.53 | ||
| Jan 12, 2017 | $3.53 | ||
| Jan 19, 2017 | $3.53 | ||
| Jan 26, 2017 | $3.53 | ||
| Feb 2, 2017 | $3.53 | ||
| Feb 9, 2017 | $3.53 | ||
| Feb 16, 2017 | $3.53 | ||
| Feb 23, 2017 | $3.53 | ||
| Mar 2, 2017 | $3.53 | ||
| Mar 9, 2017 | $2.73 | ||
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