Cereals and charcoal for my shop

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 get the loan, i will contact my suppliers and increase my stock of cereals and charcoal. Since we are just about to get to our rainy season, charcoal is ideal for domestic use in our kitchens. This is the right time to buy charcoal in bulk and also cereals which will later on fetch good money when i sell in retail price. I look forward to your favorable consideration.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$394.00

Date disbursed

Mar 23, 2016

Repayment status

On Time

Projected term

4 months

Lenders

Dianne

Maryville, United States

valentin

Stockholm, Sweden

investor

Candiac, Canada

D

dkapplerb

Toronto, Canada

AdamP

Sunnyvale, United States

D

drjofleming

UK, United Kingdom

Johnny

shanghai, China

O

Oliver

Geneva, Switzerland

DeanDropshot

Oslo, Norway

F

Fiodal

Helsinki, Finland

I

Interfree

Dubai, United Arab Emirates

F

faical

Cologne, Germany

T

traderjohn

Baltimore, United States

quozl

Dublin, Ireland

C

cjmenchaca

Austin, United States

T

thejacobnorton

Jubail, Saudi Arabia

HansLindgren

Uppsala, Sweden

TheWhiteCat

Surrey, United Kingdom

S

SelvaMarcus

Green Cove Springs, United States

HE

help each other

Glasgow, United Kingdom

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

E

Ethan

Middleburg, United States

S

SeanWolfPack

Raleigh, United States

athomas

Chevy Chase, United States

N

nodogosi

Espoo, Finland

H

HildeK

Rogaland, Norway

D

Dadiolafs

Vestmannaeyjar, Iceland

P

penguin3694

Chicago, United States

N

nichsafti

Menlo Park, United States

A

Austin

Long Beach, United States

R

RobBne

Brisbane, Australia

R

Rking

Eugene, United States

D

DThirteen

Miami, United States

Bhayl

Stavanger, Norway

O

Oscart

Edmonton, Canada

Bruno

São Paulo, Brazil

M

mkellerman

Shanghai, China

basicus

Cairo, Egypt

S

sersche

Zurich, Switzerland

A

Adam3333

Hague, Netherlands

sarna

Toronto, Canada

M

memorissima

milano, Italy

fairspirit

Utrecht, Netherlands

L

LindsayB

Sydney, Australia

Bobrm2k3

Charleston, United States

Longhorn

Austin, United States

neocodesoftware

vancouver, Canada

isabelv

Barcelona, Spain, Sweden

iamdaimo

London, United Kingdom

Zal0m0n

Atlantis!!!! x), Mauritania

B

Bokolo

Leeds, United Kingdom

gseletko

South Perth, Australia

S

seikatsu

Palo Alto, CA, United States

tonnyschonewille

Maastricht, Netherlands

GuillaumeTeissier

Montréal, Canada

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

HealthcareProvider

Baltimore, United States

E

E

Marin county, United States

E

elourenco

Porto, Portugal

Evan Lamos

Brussels, Belgium

L

lobotommy

OSLO, Norway

G

GanSatya

United States

Walterlo

West Hollywood, United States

D

dcb1987

Chicago, United States

B

BobHope

United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

J

janakan

Hong Kong, Hong Kong

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

M

microlender

United States

G

gbelote

United States

D

drorm

United States

R

Rootdet

Fairfax, United States

ColinHicks

Chichester, United Kingdom

L

lenders

United States

S

spivurno

United States

Paul Buchheit

Mountain View, United States

M

Michi

Switzerland

J

jay12

Germany

K

Karpet

Faroe Islands

bb4dogs

United States

joshuacollinson

Vienna, Austria

A

ajayhk

San Jose, United States

J

jbhernan

United States

mepster

San Francisco, Ca, United States

A

Arkad

United States

TyWee

Manila, Philippines

A

AlphaAres

Azerbaijan

W

wesbh89

United States

S

SaraNT

United States

J

jdelaporte

United States

A

AlexH

United Kingdom

dpollard

United States

SV

sven vdk

Twickenham, United Kingdom

M

M.Umar

Pakistan

J

JeremyR

United States

M

mbarbier

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Tsay

Taipei, Taiwan

Family Mueller

Petershagen, Germany

Emma

Australia

PG

Paul Graham

United States

John Minges

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

IC

Ian Coutts

Chicago, USA, United States

E

Eric

Canada

Katie

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.

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Summary

Amount repaid

$413.69

Amount remaining

$0.00

Date repaid

Sep 5, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 1, 2016 $20.15 Apr 2, 2016 $20.15
Apr 8, 2016 $20.15 Apr 9, 2016 $20.15
Apr 15, 2016 $20.15 Apr 24, 2016 $20.15
Apr 22, 2016 $20.15 Apr 29, 2016 $20.15
Apr 29, 2016 $20.15 May 6, 2016 $20.15
May 6, 2016 $20.15 May 12, 2016 $20.15
May 13, 2016 $20.15 May 23, 2016 $20.15
May 20, 2016 $20.15 May 28, 2016 $20.15
May 27, 2016 $20.15 Jun 3, 2016 $20.15
Jun 3, 2016 $20.15 Jun 10, 2016 $20.15
Jun 10, 2016 $20.15 Jun 20, 2016 $20.15
Jun 17, 2016 $20.15 Jul 9, 2016 $20.15
Jun 24, 2016 $20.15 Jul 9, 2016 $20.15
Jul 1, 2016 $20.15 Jul 9, 2016 $20.15
Jul 8, 2016 $20.15 Jul 25, 2016 $20.15
Jul 15, 2016 $20.15 Aug 4, 2016 $20.15
Jul 22, 2016 $20.15 Aug 18, 2016 $20.15
Jul 29, 2016 $20.15 Aug 18, 2016 $10.07
Aug 22, 2016 $10.07
Aug 5, 2016 $20.15 Aug 22, 2016 $10.07
Aug 23, 2016 $10.07
Aug 12, 2016 $20.15 Aug 23, 2016 $10.07
Aug 29, 2016 $10.07
Aug 19, 2016 $10.77 Aug 29, 2016 $0.71
Sep 5, 2016 $10.06

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