Entrepreneur
Name
Margaret
Member since
May 2017
On-time repayments
126 installments • 10%
About Me
My name is Margaret Mutoba，an entrepreneur, mother and a wife. I grew up in ndola, on the copperbelt to be precise. I was raised by a dedicated business woman who was into horticulture and landscaping, she also directed a primary school. In short, I grew up in a business environment. I completed my grade 12 in 2010 at kabulonga girls high school and later did a short course in law at the National institute of public administration.
My husband is the one that introduced me to my business, he showed me how to buy things online, from china and that's how i started doing it on my own.
One thing I love about my Country Zambia is that we are peaceful and indeed the real Africa.
I love meeting new people and trying out new things.
My Business
I run an online store called Maggie's online store，I am a Wholesaler and Retailer of Men and women`s clothes, shoes, handbags and 100% human hair weaves. Other services I offer are sourcing for clients from China at a fee.
China has become the world`s leading market and people want to source from there, I am positive that I have established the clientele as I have been doing this for some time now.
People will always want to dress up and look good so they will always buy clothes, shoes and handbags in hopes of trying to keep up with the latest trends.
I chose this kind of business because it is convenient for a stay at home mom, i get to work on my phone and less movements and running costs.
My typical costs and expenditure are on WiFi to enable me browse the internet for what I should advertise to my customers and also for my network marketing which is a monthly cost because when I buy a bundle it lasts 30 days. Costs like shipping and Tax are paid for by my customers, I use their money to order on wholesale
My profits from the Sourcing are usually reinvested to order items I can sale on Retail because I am able to sale for a higher price on retail than I am on wholesale. I do use it for home improvements from time to time.
Loan Proposal
I will use this loan to buy hair extensions and resale, I will also buy some clothes that I will sale on retail.
Ladies always want to look good and the hair extensions are always on demand.
I expect a profit increase of 60% percent which will then help me reinvest
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$105.00
Date disbursed
Nov 5, 2017
Repayment status
Late
Projected term
25 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$20.93
Amount remaining
$83.73
Expected completion
Dec 18, 2019
Status
Repaying late
Installment amount
$10.47
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 15, 2017 | $20.93 | Nov 28, 2017 | $20.93 |
| Nov 22, 2017 | $0.00 | ||
| Nov 29, 2017 | $0.00 | ||
| Dec 6, 2017 | $0.00 | ||
| Dec 13, 2017 | $0.00 | ||
| Dec 20, 2017 | $0.00 | ||
| Dec 27, 2017 | $0.00 | ||
| Jan 3, 2018 | $0.00 | ||
| Jan 10, 2018 | $0.00 | ||
| Jan 17, 2018 | $0.00 | ||
| Jan 24, 2018 | $0.00 | ||
| Jan 31, 2018 | $0.00 | ||
| Feb 7, 2018 | $0.00 | ||
| Feb 14, 2018 | $0.00 | ||
| Feb 21, 2018 | $0.00 | ||
| Feb 28, 2018 | $0.00 | ||
| Mar 7, 2018 | $0.00 | ||
| Mar 14, 2018 | $0.00 | ||
| Mar 21, 2018 | $0.00 | ||
| Mar 28, 2018 | $0.00 | ||
| Apr 4, 2018 | $0.00 | ||
| Apr 11, 2018 | $0.00 | ||
| Apr 18, 2018 | $0.00 | ||
| Apr 25, 2018 | $0.00 | ||
| May 2, 2018 | $0.00 | ||
| May 9, 2018 | $0.00 | ||
| May 16, 2018 | $0.00 | ||
| May 23, 2018 | $0.00 | ||
| May 30, 2018 | $0.00 | ||
| Jun 6, 2018 | $0.00 | ||
| Jun 13, 2018 | $0.00 | ||
| Jun 20, 2018 | $0.00 | ||
| Jun 27, 2018 | $0.00 | ||
| Jul 4, 2018 | $0.00 | ||
| Jul 11, 2018 | $0.00 | ||
| Jul 18, 2018 | $0.00 | ||
| Jul 25, 2018 | $0.00 | ||
| Aug 1, 2018 | $0.00 | ||
| Aug 8, 2018 | $0.00 | ||
| Aug 15, 2018 | $0.00 | ||
| Aug 22, 2018 | $0.00 | ||
| Aug 29, 2018 | $0.00 | ||
| Sep 5, 2018 | $0.00 | ||
| Sep 12, 2018 | $0.00 | ||
| Sep 19, 2018 | $0.00 | ||
| Sep 26, 2018 | $0.00 | ||
| Oct 3, 2018 | $0.00 | ||
| Oct 10, 2018 | $0.00 | ||
| Oct 17, 2018 | $0.00 | ||
| Oct 24, 2018 | $0.00 | ||
| Oct 31, 2018 | $0.00 | ||
| Nov 7, 2018 | $0.00 | ||
| Nov 14, 2018 | $0.00 | ||
| Nov 21, 2018 | $0.00 | ||
| Nov 28, 2018 | $0.00 | ||
| Dec 5, 2018 | $0.00 | ||
| Dec 12, 2018 | $0.00 | ||
| Dec 19, 2018 | $0.00 | ||
| Dec 26, 2018 | $0.00 | ||
| Jan 2, 2019 | $0.00 | ||
| Jan 9, 2019 | $0.00 | ||
| Jan 16, 2019 | $0.00 | ||
| Jan 23, 2019 | $0.00 | ||
| Jan 30, 2019 | $0.00 | ||
| Feb 6, 2019 | $0.00 | ||
| Feb 13, 2019 | $0.00 | ||
| Feb 20, 2019 | $0.00 | ||
| Feb 27, 2019 | $0.00 | ||
| Mar 6, 2019 | $0.00 | ||
| Mar 13, 2019 | $0.00 | ||
| Mar 20, 2019 | $0.00 | ||
| Mar 27, 2019 | $0.00 | ||
| Apr 3, 2019 | $0.00 | ||
| Apr 10, 2019 | $0.00 | ||
| Apr 17, 2019 | $0.00 | ||
| Apr 24, 2019 | $0.00 | ||
| May 1, 2019 | $0.00 | ||
| May 8, 2019 | $0.00 | ||
| May 15, 2019 | $0.00 | ||
| May 22, 2019 | $0.00 | ||
| May 29, 2019 | $0.00 | ||
| Jun 5, 2019 | $0.00 | ||
| Jun 12, 2019 | $0.00 | ||
| Jun 19, 2019 | $0.00 | ||
| Jun 26, 2019 | $0.00 | ||
| Jul 3, 2019 | $0.00 | ||
| Jul 10, 2019 | $0.00 | ||
| Jul 17, 2019 | $0.00 | ||
| Jul 24, 2019 | $0.00 | ||
| Jul 31, 2019 | $0.00 | ||
| Aug 7, 2019 | $0.00 | ||
| Aug 14, 2019 | $0.00 | ||
| Aug 21, 2019 | $0.00 | ||
| Aug 28, 2019 | $0.00 | ||
| Sep 4, 2019 | $0.00 | ||
| Sep 11, 2019 | $0.00 | ||
| Sep 18, 2019 | $0.00 | ||
| Sep 25, 2019 | $0.00 | ||
| Oct 2, 2019 | $0.00 | ||
| Oct 9, 2019 | $0.00 | ||
| Oct 16, 2019 | $0.00 | ||
| Oct 23, 2019 | $0.00 | ||
| Oct 30, 2019 | $0.00 | ||
| Nov 6, 2019 | $10.47 | ||
| Nov 13, 2019 | $10.47 | ||
| Nov 20, 2019 | $10.47 | ||
| Nov 27, 2019 | $10.47 | ||
| Dec 4, 2019 | $10.47 | ||
| Dec 11, 2019 | $20.93 | ||
| Dec 18, 2019 | $10.47 | ||
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