Margaret

Nakuru, Kenya

9% repaid

Entrepreneur

Name

Margaret

Member since

May 2013

On-time repayments

12 installments  •  0%

About Me

My name is Margaret Wambui Thuo and a resident of Gilgil town that is 50 kilometers from the Nakuru town.am not married and do business in Gilgil town.After completing my secondary education l was not able to further my education due to lack of school fees so l sought to employed as a sales lady in a boutique shop so as to earn a living.this enabled me to have first hand experience in the business world and after working for some years and with the few savings l had made l started my own boutique shop in Gilgil town.This enables me to earn a income and support my siblings who are still in school and invest back to the business.

My Business

l have been in business for five years now and l have seen the business grow steadily.selling new clothes is a profitable business as l mostly specialize with children clothes and especially new born clothes.This is because the business is not seasonal compared to when selling grown up clothes as this most people buy during the December season.l buy my stock from Nairobi and at times from kampala city. Though there is lot of competition from the second hand clothes dealers l make sure that my prices are competitive in the market and the clothes are of good quality so as to attract and retain customers.this enables me to make a profit of ks 20,000 per month.if advanced with the loan l will add stock to my business hence increasing my sales.

Loan Proposal

dear zidisha team am very greatful to join lenders all over the world through this worderful platform. with this first loan i will buy more new cloths so that i can be able to serve more customers. during this season' this area is very cold. i hope to buy more pullovers so that i can sell to my customers ands make a profit,i hope to repay this amount before time so that i can borrow a higher amount of money to boost my business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 15, 2013

Repayment status

Late

Projected term

12 months

Lenders

Sundstroms

Falun, Sweden

OlyRhys

Olympia, United States

S

SheilaB

Nashville, United States

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