Clothing business

Linet Magero

Busia Marachi, Kenya

3% repaid

Entrepreneur

Name

Linet Magero

Location

Busia Marachi, Kenya

On-time repayments

198 weekly installments  •  92%

About Me

I am a thirty five year old kenyan female born in a family of two. i was raised up by my parents in the villages surrounding busia. i went to busia airstrip primary school our lady of mercy high school where i did my o levels.later i joined makerere university where i did a degree in economics.after sometime of job searching i was employed as afield officer at some non govenmental organisation in busia. i enjoy my work and put in the necessary effort. this has seen me promoted to assitant manager position.

My Business

i have worked for sometime but realized that my income cannot support all my needs as i cannot fully support my family,continue with education and other ventures.this has made me to start running a small business where i buy some household goods such as soap clothes and others.my business is doing well and i see myself somewhere after sometime.in a month i get about 3000 dollars as revenue and 1000 dollars as profit.i use my time after work visit potential customers and this makes me fell i use my time well.

Loan Proposal

If i get the loan i will be able to increase my stock and even buy more varieties of clothes.
will also improve learning of my children by buying them text books for school.

My Videos

Aug 18, 2021: My clothing business

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$734.97

Date disbursed

Sep 1, 2021

Repayment status

Late

Projected term

13 months

Cost to entrepreneur

Service fee: 5% of $734.97 = $36.74

Lenders

M

marycb

United States

JimVandegriff

Trinidad, California, United States

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

M

Mary

United States

F

Fenty

United Kingdom

B

Barbra

United States

W Phil Ratcliff

Columbus, United States

The Call Family

Salt Lake City, United States

M

Marcus

United States

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Payments Forward

Amount returned to the platform for this project

$21.26

Pay It Forward Projects funded by Linet

$0 (0 Projects)

Projects funded by Linet's Pay It Forward recipients

$0 (0 Projects)