Name
Alfred
Member since
January 2015
On-time repayments
9 installments • 78%
I am a father and married and blessed with four children my eldest daughter is in class 8 and will be sitting for her primary education this year. IO schooled at Cheronget primary school and then proceeded to Getumbe high school where i completed my O levels. After completion i started the business of splitting and supplying timber to yards and for sale both for commercial and domestic purposes. My spouse deals with green tea business where she harvests the tea leaves and delivers to the buying centre for further processing.
My daughter is aspiring to be a doctor after she completes her education.
After the start of the business this is where we get money as a source of income for other purposes , school fees and my spouse business is for the general use and sustain the family.
I do split the timber with my own power saw and supply them to yards for further processing. I do also split wood fuel for own use by families from around the village and the entire location.
I plan to use the money to purchase two cypress trees of which i will split with my own machine and deliver them to the yards for general purposes or for building / construction of houses in the entire location. This is because cypress trees are hard to find and quit demanding in the market since they take along time to mature.
Timber supplied to yards will be useful since its the opening of the term and schools needs furniture especially desks for the pupils hence the demand for the same.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 18, 2015
Repayment status
Late
Projected term
2 months
Amount repaid
$93.17
Amount remaining
$9.16
Expected completion
Mar 22, 2015
Status
Repaying late
Installment amount
$16.46
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 25, 2015 | $14.52 | Jan 24, 2015 | $14.52 |
Feb 1, 2015 | $14.52 | Feb 8, 2015 | $14.52 |
Feb 8, 2015 | $14.52 | Feb 8, 2015 | $7.39 |
Feb 22, 2015 | $7.12 | ||
Feb 15, 2015 | $14.52 | Feb 22, 2015 | $14.52 |
Feb 22, 2015 | $0.83 | Feb 22, 2015 | $0.83 |
Mar 1, 2015 | $8.99 | Mar 1, 2015 | $8.99 |
Mar 8, 2015 | $8.99 | Mar 1, 2015 | $0.56 |
Mar 13, 2015 | $8.43 | ||
Mar 15, 2015 | $8.99 | Mar 13, 2015 | $2.81 |
Mar 15, 2015 | $6.18 | ||
Mar 22, 2015 | $16.46 | Mar 15, 2015 | $2.81 |
Apr 28, 2015 | $4.49 |
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