Restocking

Margaret

Nairobi, Kenya

100% repaid

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 am still growing my fruit vending business since the last loan you offered me.
If given this amount will add more stock to my fruit selling business which has a 50-65% return after all deductions.
My vision is to grow this business and become an employer as earlier indicated.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$39.00

Date disbursed

Aug 16, 2017

Repayment status

On Time

Projected term

4 months

Lenders

G

glh25

Winooski, United States

moursund

Beaver Nation, United States

PG

Paul Graham

United States

DT

Dave Tyler

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

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.

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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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