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.
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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
Other loans
Lenders
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.
Mary Nov 4, 2017
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