Entrepreneur
Name
Margaret Wangari
Member since
October 2014
On-time repayments
235 installments • 53%
About Me
My name is Margaret Wangari, born in Kirinyaga county which is on the slopes of Mount Kenya. I was born into a farming family where my parents were and still are peasant farmers. I endured deprived upbringing but somehow managed to get education up to secondary level. These struggles early in life would later prove crucial in my life since I can handle many difficult situations.
I had a desire to continue with my education but I got married soon after finishing secondary education and that put to an end to my education journey. I directed my energy to bringing up my family and we were blessed with three children who came in quick succession. They are all grown up now and the first two are looking for jobs while the last born is still in school.
I am a strong woman who values hard work and honesty. Through hard work, I have managed to improve my life in spite of many hurdles that often come along the way.
My Business
I relocated to Mombasa soon after getting married because this is where my husband works. My husband and I decided to start a small grocery shop to supplement his income. Through hard work, the shop has grown into a relatively big ration store where I sell common house hold goods such as soaps, flour, green vegetables etc.
I run the shop in my backyard and this helps me a lot since I do not have to pay rent for this space. I have one assistant who helps me in day to day running of the shop. My children also spend some of their free time in the business.
I make an average net income of about $350 and this helps in paying my bills and other household expenses. In fact my family's life would be very difficult without this business.
Loan Proposal
My candy business has grown big in the last few months - thanks to the last loan I got from Zidisha. I now want to make it a fully-fledged department by building an extension on my main shop where I intend to put up a tent. This will enable me to serve my clients while seated as opposed to now when I serve them on 'take and carry' basis.
This extension will allow me to serve more clients since it will have a sitting capacity of about 20 people. The tent will cost me around USD 300 and the 20 chairs and four benches a further 250. The balance will go towards miscellaneous expenses such as lighting, labor, additional stock etc.
I am eager to launch this venture during this period because people will have plenty of time to be together and gather to such places during the coming festive season which is just a month away. Thank you and I am optimistic that you will support my request once more.
About Me
My name is Margaret Wangari, born in Kirinyaga county. I endured deprived upbringing but somehow managed to get education up to secondary level. This struggles early in life would later prove crucial in my life since I can handle many difficult situations.
I
I am a strong woman who values hard work and honesty. Through hard work, I have managed to improve my life in spite of many hurdles that ofter come along the way.
My Business
I relocated to Mombasa soon after getting married because this is where my husband works. My husband and I decided to start a small grocery shop to supplement his income. Through hard work, the shop has grown into a relatively big ration store where I sell common house hold goods such as soaps, flour, green vegetables etc.
I run the shop at my backyard and this helps me a lot since I do not have to pay rent for this space. I have one assistant who helps me in day to day running of the shop. My children also spend some of their free time in the business.
I make an average net income of about $350 and this helps in paying my bills and other household expenses. In fact my family's life would be very difficult without this business.
Loan Proposal
My candy business has grown big in the last few months - thanks to the last loan I got from Zidisha. I now want to make it a fully-fledged department by building an extension on my main shop where I intend to put up a tent. This will enable me to serve my clients while seated as opposed to now when I serve them on 'take and carry' basis.
This extension will allow me to serve more clients since it will have a sitting capacity of about 20 people. The tent will cost me around USD 300 and the 20 chairs and four benches a further 250. The balance will go towards miscellaneous expenses such as lighting, labor, additional stock etc.
I am eager to launch this venture during this period because people will have plenty of time to be together and gather to such places during the coming festive season which is just a month away. Thank you and I am optimistic that you will support my request once more.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$715.55
Date disbursed
Nov 7, 2015
Repayment status
On Time
Projected term
24 months
Cost to entrepreneur
Service fee: $28.00
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