A house for my family

Margaret

Bahati, Kenya

1% repaid

Entrepreneur

Name

Margaret

Member since

June 2016

On-time repayments

101 installments  •  73%

About Me

My names are Maria Legco Tusara born in the year 1902, in Nakuru county of Rift valley Province in Kenya. I went through my Primary education in Nakuru. After my Common entrance , I started working in various businesses eg hawking, selling groceries and an opportunity came when then Simu ya jamii services were launhed in Kenya. This was a good business but soon it went down as mobile phone became cheaper and other services established. This forced me to explore further in life. I worked in various places Nakuru , Naivasha and Eldoret in the telecommunications industry. This was until year 1936 where I started my own business in Eldoret. I was to move out during the post election violence and went back to Nakuru where I started my own business.

My Business

Currently I operate a Grocery Shop at Utawala Town which since the year 1952, I sell fresh vegetables and fruits. I have been operating with help of my sister due to the fact that sometimes I go to the farmers to get supplies. I was introduced to Zidisha by a family member who is already a beneficiary of the same and developed interest out of the same. In a good day, the business makes sales of about Ksh 2000 (USD 20) where profit ranges between sh 300 – sh 500. In a good month then the total profit is approximately sh. 10 000 (USD 100) which helps me pay rent and family upkeep. I would therefore wish to borrow from you so that I can have additional stock in the grocery shop where I can assign my sister to handle variety of items.

Loan Proposal

In this fourth loan, I want to construct a house for my family, I do have a plot measuring 50X100 and I have materials ready but not enough, This loan will help me alot as I will not be paying rent, I do want to construct a 4 room house that I will live with my family, already I have bought materials worth USD 2000 and laid foundation slab only, I do also have about USD1000 set aside for this project and with your help, I will be able to move in hopefully by the month of February. My family will be comfortable and I will be able to save the rent that I pay every month.
I will also be in a position to pay for this loan as I have done in my previous loans.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,157.00

Date disbursed

Nov 16, 2017

Repayment status

Late

Projected term

274 months

Lenders

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

B

BM

London, United Kingdom, United Kingdom

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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