Entrepreneur
Name
Margaret
Member since
May 2017
On-time repayments
208 installments • 49%
About Me
Hi there my name is Margaret i come from kenya. I am married with 4 kids and live 15 minutes drive from the capital city Nairobi.
I am a self employed woman who runs a retail shopand fruit vending business.
Currently i am selling fresh fruits like bananas ,pears, plums guavas and avocados
I have also managed to start a retail shop which i am currently stocking..
My vision is to expand this business and even employ 3 people since the rate of unemployment is high in this end.
If i get get funds to grow my capital base ,i will be be on track to this vision..
My Business
In a good day i am able to to earn 100 USD which gives me 60% after cost deductions.
The money i get i use it to restock and help my husband cater for our kids.
My business is gradually growing and if i succeed in acquiring more capital, i shall advance in earnings.
Loan Proposal
I shall be able to restock my fruit selling business.
i shall buy about 1,5 sacks of assorted fruits costing
around 80 USD,
This will increase my profit margin by about 80% hence
improving my family daily upkeep.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$98.00
Date disbursed
Oct 1, 2017
Repayment status
On Time
Projected term
41 months
Other loans
Lenders
United States
Ask Margaret a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.