Stock of rice, peas, beans and fresh produce for grocery
Margret
Nakuru, Kenya
73% repaid
Entrepreneur
Name
Margret
Member since
April 2014
On-time repayments
89 installments • 34%
About Me
am younger entreprenuer not married, i attended upper hill high school located opposite kunste hotel visible from the high way. later joined vera beauty college in Nakuru town. i worked as a beautician for one year where i saved little money which i invested in cereal shop.
i attend Deliverance Church located at our locality, am a responsible young person in the community i engage in community building work such as environmental cleaning. at my free time i love traveling, reading and meeting new friends
My Business
i operate a cereal shop kind of a business located at mawanga centre, my business has been in operation for three years. i choose to operate this kind of business because i found it more profitable due to the growing demand of food stuff. mawanga center has a very high number of consumers due to high population as result of 2007 post election in kenya. i have been purchasing cereals during the harvesting season since they are very cheap at that time. i have lived in that area for a long time and i have maintained my large number of customers . every day i sell stock worthy kes 3500 and monthly approximately kes 90,000 i make a profit margin of kes 50,000. i have the ability to save bigger percentage of my returns since am still single. the major problem i face as younger entreprenuer is the high interest charged by the financial institution in kenya.
Loan Proposal
l will use 75 dollars to add rice stock,25 dollars for green peas,25 dollars for beans and the balance 25 dollars for an assortment of green vegetables and fruits.This will give yield good profit which will go towards restocking the food staff that will be out of stock.l will also use the remaining profit to order for commodities that are in demand such as maize,potatoes onions,tomatoes maize flour and carrots.With time l intend to expand my business and employ one or two people to assist.
The location of my business is in a very thickly populated area that has many refugees from Sudan who make the bulk of my customers so chances of growing big are open.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
May 3, 2014
Repayment status
Late
Projected term
21 months
Lenders
Summary
Amount repaid
$122.52
Amount remaining
$45.93
Expected completion
Jan 23, 2016
Status
Repaying late
Installment amount
$1.18
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 10, 2014 | $3.34 | May 10, 2014 | $3.34 |
| May 17, 2014 | $3.34 | May 17, 2014 | $3.34 |
| May 24, 2014 | $3.34 | May 24, 2014 | $3.34 |
| May 31, 2014 | $3.34 | May 31, 2014 | $3.34 |
| Jun 7, 2014 | $3.34 | Jun 7, 2014 | $3.34 |
| Jun 14, 2014 | $3.34 | Jun 14, 2014 | $3.34 |
| Jun 21, 2014 | $3.34 | Jun 27, 2014 | $3.34 |
| Jun 28, 2014 | $3.34 | Jul 2, 2014 | $3.34 |
| Jul 5, 2014 | $3.34 | Jul 7, 2014 | $3.34 |
| Jul 12, 2014 | $3.34 | Jul 19, 2014 | $3.34 |
| Jul 19, 2014 | $3.34 | Jul 26, 2014 | $3.34 |
| Jul 26, 2014 | $3.34 | Aug 2, 2014 | $3.34 |
| Aug 2, 2014 | $3.34 | Aug 9, 2014 | $3.34 |
| Aug 9, 2014 | $3.34 | Aug 19, 2014 | $3.34 |
| Aug 16, 2014 | $3.34 | Aug 19, 2014 | $3.34 |
| Aug 23, 2014 | $3.34 | Aug 30, 2014 | $3.34 |
| Aug 30, 2014 | $3.34 | Sep 16, 2014 | $3.34 |
| Sep 6, 2014 | $3.34 | Sep 16, 2014 | $3.34 |
| Sep 13, 2014 | $3.34 | Sep 23, 2014 | $3.34 |
| Sep 20, 2014 | $3.34 | Oct 9, 2014 | $3.34 |
| Sep 27, 2014 | $3.34 | Oct 9, 2014 | $3.34 |
| Oct 4, 2014 | $3.34 | Nov 10, 2014 | $3.34 |
| Oct 11, 2014 | $3.34 | Nov 10, 2014 | $3.34 |
| Oct 18, 2014 | $3.34 | Nov 10, 2014 | $3.34 |
| Oct 25, 2014 | $3.34 | Nov 10, 2014 | $3.34 |
| Nov 1, 2014 | $3.34 | Nov 30, 2014 | $3.34 |
| Nov 8, 2014 | $3.34 | Nov 30, 2014 | $3.34 |
| Nov 15, 2014 | $3.34 | Nov 30, 2014 | $3.34 |
| Nov 22, 2014 | $3.34 | Nov 30, 2014 | $1.74 |
| Dec 20, 2014 | $1.60 | ||
| Nov 29, 2014 | $3.34 | Dec 20, 2014 | $3.34 |
| Dec 6, 2014 | $3.34 | Dec 20, 2014 | $3.34 |
| Dec 13, 2014 | $3.34 | Dec 20, 2014 | $3.34 |
| Dec 20, 2014 | $0.31 | Dec 20, 2014 | $0.14 |
| Jan 31, 2015 | $0.16 | ||
| Dec 27, 2014 | $0.00 | ||
| Jan 3, 2015 | $0.00 | ||
| Jan 10, 2015 | $0.00 | ||
| Jan 17, 2015 | $0.00 | ||
| Jan 24, 2015 | $0.00 | ||
| Jan 31, 2015 | $1.18 | Jan 31, 2015 | $1.01 |
| Feb 7, 2015 | $0.16 | ||
| Feb 7, 2015 | $1.18 | Feb 7, 2015 | $1.01 |
| Feb 14, 2015 | $0.16 | ||
| Feb 14, 2015 | $1.18 | Feb 14, 2015 | $1.01 |
| Feb 22, 2015 | $0.16 | ||
| Feb 21, 2015 | $1.18 | Feb 22, 2015 | $1.01 |
| Feb 28, 2015 | $0.16 | ||
| Feb 28, 2015 | $1.18 | Feb 28, 2015 | $1.01 |
| Mar 13, 2015 | $0.16 | ||
| Mar 7, 2015 | $1.18 | Mar 13, 2015 | $1.18 |
| Mar 14, 2015 | $1.18 | Mar 13, 2015 | $1.01 |
| Apr 4, 2015 | $0.16 | ||
| Mar 21, 2015 | $1.18 | Apr 4, 2015 | $1.18 |
| Mar 28, 2015 | $1.18 | Apr 4, 2015 | $1.01 |
| May 2, 2015 | $0.16 | ||
| Apr 4, 2015 | $1.18 | May 2, 2015 | $1.18 |
| Apr 11, 2015 | $1.18 | May 2, 2015 | $1.18 |
| Apr 18, 2015 | $1.18 | May 2, 2015 | $1.01 |
| Aug 30, 2015 | $0.16 | ||
| Apr 25, 2015 | $1.18 | Aug 30, 2015 | $1.01 |
| May 2, 2015 | $1.18 | ||
| May 9, 2015 | $1.18 | ||
| May 16, 2015 | $1.18 | ||
| May 23, 2015 | $1.18 | ||
| May 30, 2015 | $1.18 | ||
| Jun 6, 2015 | $1.18 | ||
| Jun 13, 2015 | $1.18 | ||
| Jun 20, 2015 | $1.18 | ||
| Jun 27, 2015 | $1.18 | ||
| Jul 4, 2015 | $1.18 | ||
| Jul 11, 2015 | $1.18 | ||
| Jul 18, 2015 | $1.18 | ||
| Jul 25, 2015 | $1.18 | ||
| Aug 1, 2015 | $1.18 | ||
| Aug 8, 2015 | $1.18 | ||
| Aug 15, 2015 | $1.18 | ||
| Aug 22, 2015 | $1.18 | ||
| Aug 29, 2015 | $1.18 | ||
| Sep 5, 2015 | $1.18 | ||
| Sep 12, 2015 | $1.18 | ||
| Sep 19, 2015 | $1.18 | ||
| Sep 26, 2015 | $1.18 | ||
| Oct 3, 2015 | $1.18 | ||
| Oct 10, 2015 | $1.18 | ||
| Oct 17, 2015 | $1.18 | ||
| Oct 24, 2015 | $1.18 | ||
| Oct 31, 2015 | $1.18 | ||
| Nov 7, 2015 | $1.18 | ||
| Nov 14, 2015 | $1.18 | ||
| Nov 21, 2015 | $1.18 | ||
| Nov 28, 2015 | $1.18 | ||
| Dec 5, 2015 | $1.18 | ||
| Dec 12, 2015 | $1.18 | ||
| Dec 19, 2015 | $1.18 | ||
| Dec 26, 2015 | $1.18 | ||
| Jan 2, 2016 | $1.18 | ||
| Jan 9, 2016 | $1.18 | ||
| Jan 16, 2016 | $1.18 | ||
| Jan 23, 2016 | $1.22 | ||
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