Margaret
Nakuru, Kenya
100% repaid
Name
Margaret
Member since
August 2014
On-time repayments
128 installments • 39%
I am the last born in a family of four currently residing in Nakuru, Lanet area.
I studied in Loreto high school and went to Nakuru teachers college for my diploma. I graduated in 2011 and opened a small cafe business in Nakuru town. Later on, I got a teaching job at the Lanet Eagle Mount Academy where I am situated to date.
My hobbies include making new friends, eating and swimming. I also love cooking and that is why I want to expand my business. In order to do so I need to move from the shed along the Matatu stage where my cafe is currently located to a place in the town CBD.
Due to the rising number of cafe owners in town, I am planning to beat the competition by offering quantity and quality food. I plan to deliver food to clients at their place of choice in plastic tins. I sell products such as traditional porridge, mandazi, vegetables, fruits, beef stew and chapatis.
Monthly I earn around $130 from my teaching job, $350 from my cafe less $32 for license fees and $270 for restock, leaving me with a profit of $48. Should I by any chance experience difficulties in repaying my loan due to possible increases in food prices, I will use my teaching salary to repay my loan.
The growing population in Nakuru town, Kenya provides a large market for the food services. Although mine is a quite simple wooden café, I have managed to earn enough to raise my son and feed my family. I am requesting a loan to expand the structure i.e wood and iron sheets. The timber, iron sheets and labor is estimated to cost $75. I will also increase the dining area using the timber. The kitchen equipment such as thermo flasks, cups, spoons and plates will cost $25; $45 dollars will be used to buy cereals such as rice, maize and beans in bulk in order to maintain economies of scale. The rest will be applied to miscellaneous use. I am pretty sure my business will do well since I have always experienced an overflow of customers happy to buy my food. I would like to thank the Zidisha lenders community in advance for helping me raise this loan, I will really appreciate it.
i am the last born in a family of four currently residing in N akuru, lanet area. i studied in loreto high school and went to nakuru teachers college for my diploma. i graduated in 2011 and opened a small cafe business in nakuru town. later, i got a teaching job in lanet eagle mount academy where am situated to date. my hobbies include making new friends, eating and swimming. i also love cooking and that is why i want to expand my business. i want to find a room in the town CBD since am currently located in a shed along the matatu stage.
due to the rising numbers of cafe owners in town, i plan to match the competition through offering quantity and quality food. i plan to deliver food to clients at their place of choice in plastic tins. i sell foodstuffs such as traditional porridge, mandazi, vegetables, fruits, beef stew and chapatis. in a month, i earn an estimate of 130 dollars from my teaching job, 350 dollars from the cafe and pay a license of 32dollars, restock using 270 dollars while i save 48dollars. in case i experience difficulties in repaying my loan maybe due to increase in food prices, i will use my teaching salary to repay my loan.
The growing population in nakuru town, Kenya provides a large market for the food services. Though mine is a simple wooden café, I have managed to make enough to raise my son and feed my family. I am requesting for a loan to expand the structure i.e wood and iron sheets. The timber, iron sheets and labor is estimated to cost 75dollars. I will also increase the dining area using the timber. The kitchen equipment such as thermo flasks, cups, spoons and plates will cost 25 dollars; 45 dollars will be used to buy cereals such as rice, maize and beans in bulk in order to maintain economies of scale. The rest will be applied to miscellaneous use. i am quite sure my business will do well since I always experience an overflow of customers ready to buy my food.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 27, 2014
Repayment status
On Time
Projected term
11 months
Other loans
Amount repaid
$160.94
Amount remaining
$0.00
Date repaid
Jun 1, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 4, 2014 | $1.92 | Oct 5, 2014 | $1.92 |
Oct 11, 2014 | $1.92 | Oct 5, 2014 | $0.38 |
Oct 11, 2014 | $1.54 | ||
Oct 18, 2014 | $1.92 | Oct 11, 2014 | $0.76 |
Oct 19, 2014 | $1.16 | ||
Oct 25, 2014 | $1.92 | Oct 19, 2014 | $1.14 |
Oct 25, 2014 | $0.78 | ||
Nov 1, 2014 | $1.92 | Oct 25, 2014 | $1.52 |
Nov 1, 2014 | $0.40 | ||
Nov 8, 2014 | $1.92 | Nov 1, 2014 | $1.90 |
Nov 8, 2014 | $0.02 | ||
Nov 15, 2014 | $1.92 | Nov 8, 2014 | $1.92 |
Nov 22, 2014 | $1.92 | Nov 8, 2014 | $0.36 |
Nov 15, 2014 | $1.56 | ||
Nov 29, 2014 | $1.92 | Nov 15, 2014 | $0.74 |
Nov 22, 2014 | $1.18 | ||
Dec 6, 2014 | $1.92 | Nov 22, 2014 | $1.11 |
Nov 29, 2014 | $0.80 | ||
Dec 13, 2014 | $1.92 | Nov 29, 2014 | $1.49 |
Dec 6, 2014 | $0.43 | ||
Dec 20, 2014 | $1.92 | Dec 6, 2014 | $1.87 |
Dec 14, 2014 | $0.05 | ||
Dec 27, 2014 | $1.92 | Dec 14, 2014 | $1.92 |
Jan 3, 2015 | $1.92 | Dec 14, 2014 | $0.33 |
Dec 20, 2014 | $1.59 | ||
Jan 10, 2015 | $1.92 | Dec 20, 2014 | $0.71 |
Dec 27, 2014 | $1.21 | ||
Jan 17, 2015 | $1.92 | Dec 27, 2014 | $1.09 |
Jan 3, 2015 | $0.83 | ||
Jan 24, 2015 | $1.92 | Jan 3, 2015 | $1.47 |
Jan 11, 2015 | $0.45 | ||
Jan 31, 2015 | $1.92 | Jan 11, 2015 | $1.85 |
Jan 18, 2015 | $0.07 | ||
Feb 7, 2015 | $1.92 | Jan 18, 2015 | $1.92 |
Feb 14, 2015 | $1.92 | Jan 18, 2015 | $0.31 |
Jan 28, 2015 | $1.61 | ||
Feb 21, 2015 | $1.92 | Jan 28, 2015 | $0.69 |
Feb 7, 2015 | $1.23 | ||
Feb 28, 2015 | $1.92 | Feb 7, 2015 | $1.92 |
Mar 7, 2015 | $1.92 | Feb 7, 2015 | $1.45 |
Feb 14, 2015 | $0.47 | ||
Mar 14, 2015 | $1.92 | Feb 14, 2015 | $1.83 |
Feb 19, 2015 | $0.09 | ||
Mar 21, 2015 | $1.92 | Feb 19, 2015 | $1.92 |
Mar 28, 2015 | $1.92 | Feb 19, 2015 | $0.29 |
Feb 26, 2015 | $1.63 | ||
Apr 4, 2015 | $1.92 | Feb 26, 2015 | $0.67 |
Mar 7, 2015 | $1.25 | ||
Apr 11, 2015 | $1.92 | Mar 7, 2015 | $1.05 |
Mar 15, 2015 | $0.87 | ||
Apr 18, 2015 | $1.92 | Mar 15, 2015 | $1.43 |
Mar 19, 2015 | $0.49 | ||
Apr 25, 2015 | $1.92 | Mar 19, 2015 | $1.80 |
Mar 29, 2015 | $0.11 | ||
May 2, 2015 | $1.92 | Mar 29, 2015 | $1.92 |
May 9, 2015 | $1.92 | Mar 29, 2015 | $0.26 |
Apr 1, 2015 | $1.66 | ||
May 16, 2015 | $1.92 | Apr 1, 2015 | $0.64 |
Apr 21, 2015 | $1.28 | ||
May 23, 2015 | $1.92 | Apr 21, 2015 | $1.92 |
May 30, 2015 | $1.92 | Apr 21, 2015 | $1.40 |
Apr 24, 2015 | $0.52 | ||
Jun 6, 2015 | $1.92 | Apr 24, 2015 | $1.92 |
Jun 13, 2015 | $1.92 | Apr 24, 2015 | $1.92 |
Jun 20, 2015 | $1.92 | Apr 24, 2015 | $0.24 |
May 10, 2015 | $1.68 | ||
Jun 27, 2015 | $1.92 | May 10, 2015 | $1.92 |
Jul 4, 2015 | $1.92 | May 10, 2015 | $1.92 |
Jul 11, 2015 | $1.92 | May 10, 2015 | $1.92 |
Jul 18, 2015 | $1.92 | May 10, 2015 | $1.92 |
Jul 25, 2015 | $1.92 | May 10, 2015 | $1.92 |
Aug 1, 2015 | $1.92 | May 10, 2015 | $1.92 |
Aug 8, 2015 | $1.92 | May 10, 2015 | $1.92 |
Aug 15, 2015 | $1.92 | May 10, 2015 | $1.92 |
Aug 22, 2015 | $1.92 | May 10, 2015 | $1.92 |
Aug 29, 2015 | $1.92 | May 10, 2015 | $1.92 |
Sep 5, 2015 | $1.92 | May 10, 2015 | $1.92 |
Sep 12, 2015 | $0.34 | May 10, 2015 | $0.20 |
Jun 1, 2015 | $0.15 | ||
Sep 19, 2015 | $66.54 | Jun 1, 2015 | $66.39 |
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