Restock shop

Margaret

Nairobi, Kenya

5% paid forward

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.

Project Proposal

The previous funding grew my business by 20%.If this funding gord through my projected growth is 30%.
I look forward to add groceries in demand.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$167.00

Date disbursed

Oct 3, 2022

Backers

Isaac

Nakuru, Kenya

Brian

Kitale, Kenya

Cleophas

Kiminini In Transnzoia, Kenya

Festus

Nairobi, Kenya

W Phil Ratcliff

Columbus, United States

A

Andrew

Alpharetta, United States

Josephine

Kisumu, Kenya

Risna

Pekan Baru, Indonesia

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

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  • Margaret    Oct 27, 2022

    I am planning to to pay two installments of 777 shs and resume to a higher installment later.

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  • Margaret    Oct 19, 2022

    I will be comfortable to pay this chosen installment and later go to a higher installment.

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  • Margaret    Oct 3, 2022

    I will be able to add more stock to
    My retail shop.
    This will enable me to make more profit
    By 30%.
    I thank all members for this contribution.

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  • Margaret    Oct 1, 2022

    Thanks for your support good members!
    I will be able to increase my capital base.

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  • Cleophas    Oct 1, 2022

    Keep up

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  • Margaret    Sep 30, 2022

    With the $79 I managed to to buy more inventories and increase my capital base.
    This has increased my profit margin by 20%.

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  • Margaret    Aug 23, 2022

    I am reschedeling my payments at the moment but soon i will adjust to a higher amount.

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  • Margaret    Jul 28, 2022

    Thanks for the contribution.This will help me add stock to my store.

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  • Margaret    Jul 28, 2022

    Thanks for the loan i appreciate.This will help me achieve my restocking goal.

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  • Margaret    Jun 20, 2022

    This will enable me to restock my foodstore and generate more profit.

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  • Margaret    Jun 20, 2022

    Thanks for funding my project.It will help in buying the inventories.

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  • Margaret    Jun 18, 2022

    Thanks for your support in restocking my shop.I will be comitted to pay my loan on time.

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  • Margaret    Jun 18, 2022

    Thanks Tessy,Benjamin,Barbara and Bamidele for your support.
    I wiil be able to restock my shop.

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  • Margaret    Feb 23, 2021

    This loan will help my quest for capital expansion,to enable my business advancement.
    Welcome my lenders and thanks in advance.

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  • Margaret    Jan 31, 2021

    I will increase my installments after the business improvement.

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  • Margaret    Jan 24, 2021

    This is the amount I am able to raise

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  • Margaret    Dec 16, 2020

    I plan to upgrade to a higher amount soon.

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  • Margaret    Nov 12, 2020

    The year has been slow but I focuss to gain business grounds progressively and adjust my remittance soon.

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  • Margaret    Oct 8, 2020

    My business obligation are yet to materialize after which I will be able to get back to my earlier higher deduction.

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  • Margaret    Aug 9, 2020

    My business has yet to pick up since the pandemic heat the globe.
    But i am very optimistic things will shape up.

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