Cereal for life

Margaret

Murera, Kenya

100% repaid

Entrepreneur

Name

Margaret

Member since

April 2014

On-time repayments

167 installments  •  61%

About Me

Hello Lenders,

Hope this message finds you well.

I was born in the slopes of Mt. Kenya, Central Province. I am the fourth born in a family of seven. My parents were peasant farmers who did menial jobs to support our education. Unfortunately, in 1978 my dad fell ill and died shortly after. It was not easy to live with only my mother feeding the entire family. Most of the times we skipped school to help her do odd jobs so we could manage something to eat that day. Luck was with me as I was a right student and I got scholarship from a good Samaritan who paid my education through to college. After college, I got a job as a house help in a nearby village so I could help my mother educate my younger siblings. While at this, a business idea was born and I have never looked back. I am from the Kikuyu community where we dont give up until we make it in life. I got married to a wonderful man and we were blessed with two handsome boys aged 15 years and 11 years respectfully. The eldest want to become a chemical Engineer when he grows up, the younger one is still trying to figure out what he wants to become.

My hobby is walking, I love walking with all my heart, it helps my heart to remain young. I also love reading novels to keep my brain active.

My Business

My business entails doing photocopy for students around the area where i have stationed my business. We have four big colleges around namely, Zetech, NIBS, Kenyatta University and Ruiru Institute of Business Studies. These have made our business thrive very much. I open the business as early as 7.00AM and close late our when there is a lot of demand for our services. I chose this business as it is available all year round as these are private colleges who do not break at any one semester. I pocket $650 per month, i pay my worker a salary of $100, pay for the office $80, buy materials to use like photocopy papers, cartridges and other items. In a better month I pocket a profit of $450 which I use to better my family living standards and also assist my husband pay school fees for our children. This will make our life good and enjoyable. I also help the less fortunate where I can.

Loan Proposal

Once i receive the loan, I will use $200 to buy more cereals, $100 to buy charcoal, $50 to buy paraffin and $40 to buy presents. I expect my profit to double especially in this festive season.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$394.00

Date disbursed

Jan 25, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Pere

Barcelona, Spain

Tavin

Ottawa, Canada

J

jared4

parowan, United States

JessieD

Alexandria, Va, United States

pentatonicscale

Niiza-shi, Japan

ads68

Melbourne, Australia

Bobrm2k3

Charleston, United States

Aaron85

Knoxville, United States

Paul Buchheit

Mountain View, United States

Grant Xavier Storer

Seattle, Wa, United States

Martin Ward

Leicester, United Kingdom

Jonas

Switzerland

Gab

Singapore

EB

Erica Brescia

United States

AF

Alysn Ford

United States

Carla

Amsterdam, Netherlands

EB

Ellen Batten

Kalamazoo, Michigan, United States

M

Matthias

Australia

GC

Greger Cronquist

Göteborg, Sweden

V

Vasil

Belarus

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Day Family

Melbourne, Australia

MG

Morten Gade

Copenhagen, Romania

RR

Rushil Reddy

United States

D

Dalton

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Carrie

Arlington, MA, 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.

Loading...

Loading...

Loading...