To purchase inventory and equipment for my new butchery

Samuel Wanjiku

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Samuel Wanjiku

Member since

May 2019

On-time repayments

109 installments  •  74%

About Me

I was born in bungoma town in bungoma county in the years 1983.I started schooling when i gatanga primary later own i moved to bungoma to complete my o level and college.The hardship i have overcome by believing in myself and doing the write thing by working hard and smart.Something unique about my community is that they like venturing into agribusiness.

My Business

I am a businessman running my own sole business.i decided to venture into this so as to create employment to my fellow youth and also to be self dependent.the people around my community mainly venture on agribusiness , therefore i decided to focus in that industry.My business generates a total of ksh.15,000-25,000 on a daily basis with a serious abnormal profits.

Loan Proposal

The main reason ave decided to apply for this loan is for the purposes of helping me raise enough funds to start a butchery business next to my restaurant.Meat is on high demand within the area where i come from but the supply is very low.Most butchery owners closed shop and ventured into grocery selling after COVID - 19 Pandemic struct hence leaving the meat business to suffer.
By venturing into this business, i will be able help with constant supply of meat within the area and far and my restaurant too will have a constant supply of meat.
By venturing into this business, i will also be able to boost my restaurant business since meat for the restaurant business will be easily a available hence saving on time wasted looking for meat.

Income Source

After carrying out a study around where i stay i came to a conclusion that meat was high on demand but there were very few suppliers hence most meat customers were left disappointed and unsatisfied.By setting up this business, i believe i will be able to get customers who will buy the meat hence i will be able to repay the loan.
By the help of lenders funding a loan i applied in the past, i was able start a restaurant business which is doing well.I can also pay for this loan by using profits from my restaurant business in case the new butchery alone fails to raise enough money to repay for this loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,082.31

Date disbursed

Oct 26, 2020

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $97.97

Credit risk payment: $146.95

Lenders

johnandmoliehi

Canton, New York, United States

P

pmyadlowsky

Charlottesville, United States

G

graememoss

Amsterdam, Netherlands

JessieD

Alexandria, Va, United States

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

C

CarolD

Hendersonville, United States

A

AndrewC

London, United Kingdom

D

dcheung

San Francisco, United States

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

R

richdullaghan

Encinitas, United States

O

ormung13

Christchurch, New Zealand

sderickson

Berkeley, CA, United States

Arjan Geven

Vienna, Austria

Laparo

Dusseldorf, Germany

utdream

United States

M

mbarbier

United States

S

Stephan

Netherlands

RJ

Ryan J Cotton

United States

Dave Bogard

New York, United States

MW

Matt Willis

United States

Jon

Sweden

Kristin Rhodes

Kansas City, Kansas, United States

C

cota

United States

F

Frits

Rotterdam, Netherlands

Mark Grey

Redding, CT, United States

Aran Dunlop

United States

Joe Lamantia

Reston, Virginia, United States

Rosario von Li

San Jose, Ca, United States

Elise E

United States

SH

Steven Huntington

London, United Kingdom

T

Tom

United States

S

stevensau

United States

P

Phips

Switzerland

I

isaac

United Kingdom

MS

Marcus Siegel

San Francisco, United States

SA

Steve A

Newbury, United Kingdom

Angela Linwood

Minneapolis, Minnesota, United States

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

J

Jon

United States

Ren

Minneapolis/StPaul, United States

L

Lucy

Australia

WS

Warren Shen

United States

VC

Victor Chong

United States

D

Dalton

San Francisco, United States

Carrie

Arlington, MA, United States

Darren Jeppson

Denver, Colorado, United States

LM

Lee Montecucco

Washington State, United States

AM

Andy Marston

United Kingdom

Stefan Koshold

Mülheim, Germany

J

Jen

Germany

J

Juhani

Helsinki, Finland

AR

Axel Ratzer

Neuss, Germany

C

Carol

Bayswater, WA, Australia

L

Lisa

United States

EA

Eric Ayers

Atlanta, United States

Peter Collins

Darmstadt, Germany

R

Roman

Germany

RS

Ralph Smyth

United Kingdom

GF

Gammon Family

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

M

MaggieK

United States

JB

Juan Busco

United States

DB

David Buchanan

Ilmenau, Germany

R

Ru

New York, United States

V

Vic

Finland

MC

Mike Cormack

Vancouver, Canada

MN

Mike Newhof

Grand Rapids, MI, United States

B

Byron

Australia

A

Anonymous

United States

Black and White Zebra

Vancouver, Canada

K

Kuba

Poland

CG

Chris Greene

Birmingham, AL, United States

A

Andy

United States

AC

Alex Campbell

United States

Tiff Reagan

Salem, Oregon, United States

Ask Samuel a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$1,082.31

Amount remaining

$0.00

Date repaid

Feb 27, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 7, 2020 $63.76 Oct 4, 2020 $2.75
Oct 31, 2020 $9.17
Nov 1, 2020 $9.17
Nov 2, 2020 $9.17
Nov 4, 2020 $5.50
Nov 6, 2020 $9.17
Nov 7, 2020 $18.81
Nov 14, 2020 $63.76 Nov 7, 2020 $8.72
Nov 10, 2020 $9.17
Nov 12, 2020 $9.17
Nov 14, 2020 $36.70
Nov 21, 2020 $63.76 Nov 15, 2020 $5.05
Nov 16, 2020 $5.96
Nov 18, 2020 $13.76
Nov 20, 2020 $18.35
Nov 21, 2020 $20.64
Nov 28, 2020 $63.76 Nov 21, 2020 $4.13
Nov 22, 2020 $4.59
Nov 24, 2020 $9.17
Nov 25, 2020 $9.17
Nov 26, 2020 $7.34
Nov 27, 2020 $13.76
Nov 28, 2020 $13.76
Nov 28, 2020 $1.83
Dec 5, 2020 $63.76 Nov 28, 2020 $11.93
Nov 29, 2020 $7.34
Nov 30, 2020 $12.39
Dec 3, 2020 $18.35
Dec 5, 2020 $13.76
Dec 12, 2020 $63.76 Dec 5, 2020 $3.21
Dec 5, 2020 $18.35
Dec 7, 2020 $10.09
Dec 9, 2020 $13.76
Dec 11, 2020 $9.17
Dec 12, 2020 $9.17
Dec 19, 2020 $63.76 Dec 12, 2020 $1.83
Dec 15, 2020 $11.01
Dec 17, 2020 $13.76
Dec 19, 2020 $18.35
Dec 19, 2020 $9.17
Dec 20, 2020 $8.26
Dec 21, 2020 $1.38
Dec 26, 2020 $63.76 Dec 21, 2020 $8.72
Dec 21, 2020 $3.67
Dec 22, 2020 $9.17
Dec 24, 2020 $13.76
Dec 25, 2020 $13.30
Dec 26, 2020 $15.14
Jan 2, 2021 $63.76 Dec 26, 2020 $12.39
Dec 27, 2020 $13.76
Dec 28, 2020 $9.17
Dec 30, 2020 $13.76
Jan 1, 2021 $9.17
Jan 2, 2021 $5.50
Jan 9, 2021 $63.76 Jan 2, 2021 $8.26
Jan 3, 2021 $9.17
Jan 4, 2021 $18.35
Jan 5, 2021 $6.42
Jan 6, 2021 $4.59
Jan 7, 2021 $11.01
Jan 8, 2021 $5.96
Jan 16, 2021 $63.76 Jan 10, 2021 $11.01
Jan 11, 2021 $9.17
Jan 12, 2021 $9.17
Jan 14, 2021 $9.17
Jan 16, 2021 $25.23
Jan 23, 2021 $63.76 Jan 16, 2021 $2.29
Jan 16, 2021 $9.17
Jan 18, 2021 $13.76
Jan 19, 2021 $4.59
Jan 20, 2021 $18.35
Jan 22, 2021 $9.17
Jan 24, 2021 $6.42
Jan 30, 2021 $63.76 Jan 24, 2021 $25.69
Jan 28, 2021 $8.72
Jan 29, 2021 $5.50
Jan 30, 2021 $23.85
Feb 6, 2021 $63.76 Jan 30, 2021 $3.67
Feb 1, 2021 $11.01
Feb 3, 2021 $18.35
Feb 3, 2021 $9.17
Feb 6, 2021 $21.56
Feb 13, 2021 $63.76 Feb 6, 2021 $1.38
Feb 10, 2021 $9.17
Feb 11, 2021 $11.01
Feb 13, 2021 $22.94
Feb 14, 2021 $19.27
Feb 20, 2021 $63.76 Feb 14, 2021 $8.26
Feb 15, 2021 $9.17
Feb 17, 2021 $10.09
Feb 18, 2021 $10.09
Feb 19, 2021 $13.76
Feb 20, 2021 $12.39
Feb 27, 2021 $62.13 Feb 20, 2021 $5.96
Feb 23, 2021 $9.17
Feb 25, 2021 $9.17
Feb 27, 2021 $37.82

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