Buy a freezer and inventory of candies and ice-cream

Margaret Wangari

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Margaret Wangari

Member since

October 2014

On-time repayments

235 installments  •  53%

About Me

My name is Margaret Wangari, born in Kirinyaga county which is on the slopes of Mount Kenya. I was born into a farming family where my parents were and still are peasant farmers. I endured deprived upbringing but somehow managed to get education up to secondary level. These struggles early in life would later prove crucial in my life since I can handle many difficult situations.

I had a desire to continue with my education but I got married soon after finishing secondary education and that put to an end to my education journey. I directed my energy to bringing up my family and we were blessed with three children who came in quick succession. They are all grown up now and the first two are looking for jobs while the last born is still in school.

I am a strong woman who values hard work and honesty. Through hard work, I have managed to improve my life in spite of many hurdles that often come along the way.

My Business

I relocated to Mombasa soon after getting married because this is where my husband works. My husband and I decided to start a small grocery shop to supplement his income. Through hard work, the shop has grown into a relatively big ration store where I sell common house hold goods such as soaps, flour, green vegetables etc.

I run the shop in my backyard and this helps me a lot since I do not have to pay rent for this space. I have one assistant who helps me in day to day running of the shop. My children also spend some of their free time in the business.

I make an average net income of about $350 and this helps in paying my bills and other household expenses. In fact my family's life would be very difficult without this business.

Loan Proposal

For a long time, I have longed to get into the business of selling candies and ice-cream. My business in the coast region of Kenya with soaring temperatures and high humidity. This makes the demand for this products to be very high especially with the young population.

If I am successful in this loan, I will spend it as follows:
1. Buy a freezer for storing the cold products @ USD 300
2. Buy an assortment of chocolates at a total cost of USD 50
3. Buy an assortment of ice-cream at a total cost of USD 70
4. Buy two portable coolers for transporting these products to nearby school at a total cost of $60.

I will also employ two casual workers to be selling these products outside the shops especially near the schools where they are likely to record good sales. This will be a success since I have seen other people make a lot of cash from similar business.

Kindly make your contributions towards this loan and be part of my dream.

Show original English  

About Me

My name is Margaret Wangari, born in Kirinyaga county. I endured deprived upbringing but somehow managed to get education up to secondary level. This struggles early in life would later prove crucial in my life since I can handle many difficult situations.

I
I am a strong woman who values hard work and honesty. Through hard work, I have managed to improve my life in spite of many hurdles that ofter come along the way.

My Business

I relocated to Mombasa soon after getting married because this is where my husband works. My husband and I decided to start a small grocery shop to supplement his income. Through hard work, the shop has grown into a relatively big ration store where I sell common house hold goods such as soaps, flour, green vegetables etc.

I run the shop at my backyard and this helps me a lot since I do not have to pay rent for this space. I have one assistant who helps me in day to day running of the shop. My children also spend some of their free time in the business.

I make an average net income of about $350 and this helps in paying my bills and other household expenses. In fact my family's life would be very difficult without this business.

Loan Proposal

For a long time, I have longed to get into the business of selling candies and ice-cream. My business in the coast region of Kenya with soaring temperatures and high humidity. This makes the demand for this products to be very high especially with the young population.

If I am successful in this loan, I will spend it as follows:
1. Buy a freezer for storing the cold products @ USD 300
2. Buy an assortment of chocolates at a total cost of USD 50
3. Buy an assortment of ice-cream at a total cost of USD 70
4. Buy two portable coolers for transporting these products to nearby school at a total cost of $60.

I will also employ two casual workers to be selling these products outside the shops especially near the schools where they are likely to record good sales. This will be a success since I have seen other people make a lot of cash from similar business.

Kindly make your contributions towards this loan and be part of my dream.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$485.57

Date disbursed

Apr 3, 2015

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $18.15

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

carlos vendrell

Barcelona, Spain, Philippines

AH

Aleksi H

Helsinki, Finland

mbunifu

San Jose, United States

cyrus0302

San Francisco, United States

snapcore

--, United States

DeanDropshot

Oslo, Norway

S

stroll

Stockholm, Sweden

M

m_dennis

Toronto, Canada

T

taiti123

Singapore, Singapore

T

tloureiro

Pfungstadt, Germany

Zidisha

Sterling, United States

michellev

Melbourne, Australia

E

evanglend

Arlington, United States

P

PeaceandLove

Morro Bay, United States

B

blahblah

Nuernberg, Germany

M

mason243

Denver Colorado, United States

J

Jennifer

Minneapolis, United States

J

jdhowa2

Louisville, KY, United States

B

briansedz

Canton, Ohio, United States

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

G D Export

Kolkata, India

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

J

jasonbronowitz

Tempe, United States

B

bhalter

Eau Claire, United States

S

Snake707

Somewhere, Germany

Sombreronick

Mainz, Germany

indeh

London, United Kingdom

J

Jaslogic

Castle Rock, United States

rasmus

Bern, Switzerland

Myrar

Aarau, Switzerland

K

KDeath

Dublin, Ireland

D

duckdork

De Forest, United States

B

blue0green717

St-Lucien, Canada

Cloudways

Malta, Malta

P

planespotter

Berlin, Germany

Jouni

Finland

N

nanax005

SALEM, United States

J

JoeSolar

Virginia, United States

B

BClay

Campbell, United States

ads68

Melbourne, Australia

S

silsley

Cheltenham, United Kingdom

skullyjo

Winnipeg, Canada

P

pignolet

zurich, Switzerland

E

eboleaga

Mexico City, Mexico

V

Valis

Singapore, Singapore

S

sersche

Zurich, Switzerland

D

dannimw

Victoria BC, United Kingdom

J

Johannes

Pirmasens, Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Marod

Edmonton, Canada

melzisme

Kl, Malaysia

R

rohbear

asheville, United States

Zal0m0n

Atlantis!!!! x), Mauritania

B

Bokolo

Leeds, United Kingdom

L

LenoMetus

Perth, Australia

B

Badass78camaro

Mohnton, Pa, United States

zZola

Gilford, United States

T

thebonseung

Republic of Korea

Shemuel

New Jersey, United States

Matching Fund

Sterling, United States

Arjan Geven

Vienna, Austria

C

chrishol

United States

J

Jonas

Linköping, Sweden

T

theironbank

United States

Paul Buchheit

Mountain View, United States

F

FSO

Canada

K

Kimbo

Vietnam

S

sarah4d2

Saint Louis, United States

SimonD

Lincoln, Uk, United Kingdom

mepster

San Francisco, Ca, United States

VK

Vasily Kudrin

Moscow, Russia

P

PeterDG

United Kingdom

Grant Xavier Storer

Seattle, Wa, United States

T

Tim47

United States

T

tgambo2

United States

K

Kebrenagast

New York, United States

Andrew267

Birmingham, United Kingdom

mysterry

Saint Lazare De Vaudreuil, Canada

F

Foster

United Kingdom

B

bwmoore

United States

B

bvp5105

United States

AKWatson3

Norwalk, United States

B

brothasmith

United States

Matthias Schulz

Berlin, Germany, Germany

Kallwejt

Warsaw, Poland

P

Pragathi

United States

J

Jack123

United States

C

ChanukahG

United States

S

Stephan

Netherlands

stephen sontag

Narragansett, United States

PH

Phil H

United States

Darcy

Ottawa, Canada

Becky Thompson

Leeds, United Kingdom

UD

Ulf D

Frankfurt am Main, Germany

Peter R

Fulda, Germany

D

Doug

Baltimore, United States

D

Daman

United States

Torsten Schreiber

Frankfurt, Germany

Robert

Sweden

U

Ulrich

Switzerland

DR

Derek R

Australia

P

Patty

Colorado Springs, United States

JT

JW Tabacchi

United States

Crystal

Ohio, United States

KD

Kent Don

United States

Ask Margaret a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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