Addition of new stock

Margaret

Nakuru, Kenya, Kenya

100% repaid

Entrepreneur

Name

Margaret

Member since

September 2016

On-time repayments

207 installments  •  72%

About Me

I am a married woman and a mother to a baby girl . I was born in a family of three and being the firstborn, life wasn’t easy for us. I schooled in Gicobo primary and later joined Othaya girls high school. I later joined college and my parents did their best and saw me through my diploma course in business administration. Being business minded while in college, I would put aside apart of my pocket money as saving to start secondhand cloths business after college to help in improving financial standard of my family. I was finally able to startup a small business of selling second hand clothes which has been growing quite well with time. Since the time I joined Zidisha my life has changed in many aspects because I have been able to stabilize my business as well as live a much better life than I used to.

My Business

Being business minded while in college, I would put aside apart of my pocket money as saving to start secondhand cloths business after college. I was finally able to startup a small business of selling second hand clothes which has been growing quite well with time. Zidisha has been my source odf support in making my business what it is today. For my first and second loans I used the fund to add more stock and reinvested the profit I got back into the business. This has helped in growing my clientele thus making my clothes business reliable.for my just completed loan, I used the profit together some savings to venture into typing and printing business which I can say is pick up well. I thank the Zidisha team for entrusting their funds to me and uplifting my living standard and that of my family.

Loan Proposal

i will utilize the fund to buy new stock in my store ...hence my second hand clothes will be more to attrack more clients,thereby by growth of my busines will be steady highy.
I will buy one bale ksh 3500 this will add more clients In my business since I will be able to get more customers an sell to them ,Also since the weatherknow more customers will come the moment they see new stock, i am also pretty sure of making at least good the profit .

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$65.00

Date disbursed

Mar 17, 2017

Repayment status

On Time

Projected term

11 months

Lenders

Paul Buchheit

Mountain View, United States

D

DandS

United States

Fred

Germany

PG

Paul Graham

United States

P

Peter

Bratislava, Slovakia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

P

Peter

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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  • Janice    Dec 29, 2020

    Her business is not getting any profit as most of her customers are getting on credit.

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  • Margaret    Sep 25, 2020

    Business low

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  • Margaret    Aug 15, 2020

    Business still very low

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  • Margaret    May 16, 2020

    Businesses closed due to the pandemic

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  • Margaret    Mar 20, 2020

    Business not good

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  • Margaret    Jan 22, 2020

    Business went very low but I'm pushing to clear the balance soonest

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  • Margaret    Oct 3, 2019

    Business not in good state

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  • Margaret    Jul 20, 2019

    Business very low

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  • Margaret    Jun 7, 2019

    Business in bad shape

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  • Morrison    Jul 20, 2018

    She said that she had expected to pay but she fell sick and used the money on hospital bills.

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  • Gilbert    Jul 19, 2018

    I have talked to her ,she says she will when she gets money but doesn't know when. I'VE Also talked to the person who invited her and promised to talk to her!

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  • Morrison    Jan 3, 2018

    Already talked with her and she promise to pay . The business was not ok meaning favorable since it was on Christmas season less client which necessitate these.

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  • Margaret    Nov 29, 2017

    Business not doing well

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  • Margaret    Oct 23, 2017

    Thank you so much Lenders for the funding. I received KES 24,380 which I plan on buying
    $ 150 for printer
    $ 50 for printing papers
    $ 30 for a bale second hand clothes
    $ 20 for my house renovation

    Thanks again Zidisha for uplifting my business

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  • Margaret    Oct 17, 2017

    With this loan I plan to buy a printer which can do both coping and printing for my new business and add bales of clothes and a part of it for improving the standards of my house.
    Thank you Lenders for the good work you are doing of improving our standards of living. God bless you all

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  • Margaret    Oct 9, 2017

    with my just completed loan, I purchased printing papers and my new ventured business has peaked well. my profit margin has increased with a percentage of about 40% in this typing business compared to when I started. I have continued reinvesting in the business to make it grow. My family's living has really improved and I thank God and Zidisha for this far.

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  • Margaret    Jul 31, 2017

    I received Kshs. 11,239 and my plan is to buy 10 Reams of printing papers @ $40
    and 2 Bales of kids trench coats @ $40
    and 1 Bale of adults trench coats @ @30
    Thank you team zidisha for your funds I believe we will go far together. God bless

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  • Margaret    Jul 28, 2017

    With this loan I plan to add more stock into my business so as to grow my clientele as well as the profit margin which I hope to grow by 50% and above.
    My plan is to buy 10 Reams of printing papers @ $40
    and 2 Bales of kids trench coats @ $40
    and 1 Bale of adults trench coats @ @30
    This loan will help expand my business and improve my living standard and that of my family.
    Thankyou again team Zidisha for the funding I believe it will be of great help. God bless

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  • Margaret    Jul 20, 2017

    Its interesting how Zidisha has positively impacted my life. With my just completed loan I was able to venture into a new business of typing and printing . I had made some good profit this being a cold season and trench coat are on high demand. Now that the secondhand clothes business is stable, I bought a small printer which I use alongside my desk top and that's how I've managed to start the typing business at my shop

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  • Margaret    Jul 19, 2017

    So far so good. The business is improving

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