Need funds to start a vegetable, cereal and charcoal business.

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 FUNDING, I WANT TO INVEST IN BUYING AND SELLING FARM PRODUCE EG VEGETABLES, CEREALS AND ALSO INVEST IN CHARCOAL BUSINESS. THIS BUSINESS IS VERY VALUABLE WHERE I STAY AS IT IS AN URBAN STTING WHERE MOST PEOPLE RELY ON FARM PRODUCE BROUGHT FROM THE VILLAGES. I INTEND TO ENGAGE MY TWO NIECES TO DO THIS FOR ME AND I WILL BE IN CLOSE SUPERVISION. I APPEAL TO LENDERS TO CONSIDER MY REQUEST. BE BLESSED ALL

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$447.00

Date disbursed

Aug 1, 2014

Repayment status

On Time

Projected term

10 months

Lenders

sarasofia

Stockholm, Sweden

T

ToddK

Indianapolis, IN, USA, United States

JimVandegriff

Trinidad, California, United States

fairspirit

Utrecht, Netherlands

Bobrm2k3

Charleston, United States

M

marcmesich

Kaohsiung, Taiwan

Zal0m0n

Atlantis!!!! x), Mauritania

Sarasota

Sarasota, Fl, United States

M

marymarrs

North Bend, United States

E

Evanstia

Lakewood, United States

T

thebonseung

Republic of Korea

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

J

Jonas

Linköping, Sweden

A

Anonymous

United States

K

Kimbo

Vietnam

Bjorn

Heggedal, Norway

Sputnik

Switzerland

ThomasJosef

Berlin, Germany

M

Millie_and_Babs

United Kingdom

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

$490.49

Amount remaining

$0.00

Date repaid

Jun 17, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 12, 2014 $10.66 Aug 13, 2014 $10.65
Aug 21, 2014 $0.01
Aug 19, 2014 $10.66 Aug 21, 2014 $10.66
Aug 26, 2014 $10.66 Aug 21, 2014 $0.01
Aug 27, 2014 $10.65
Sep 2, 2014 $10.66 Aug 27, 2014 $0.05
Sep 2, 2014 $10.62
Sep 9, 2014 $10.66 Sep 2, 2014 $0.08
Sep 8, 2014 $10.58
Sep 16, 2014 $10.66 Sep 8, 2014 $0.01
Sep 16, 2014 $10.65
Sep 23, 2014 $10.66 Sep 16, 2014 $0.05
Oct 2, 2014 $10.62
Sep 30, 2014 $10.66 Oct 2, 2014 $10.66
Oct 7, 2014 $10.66 Oct 2, 2014 $0.23
Oct 6, 2014 $10.43
Oct 14, 2014 $10.66 Oct 6, 2014 $0.27
Oct 13, 2014 $10.40
Oct 21, 2014 $10.66 Oct 13, 2014 $0.30
Oct 24, 2014 $10.36
Oct 28, 2014 $10.66 Oct 24, 2014 $10.66
Nov 4, 2014 $10.66 Oct 24, 2014 $2.23
Nov 3, 2014 $8.43
Nov 11, 2014 $10.66 Nov 3, 2014 $0.06
Nov 20, 2014 $10.60
Nov 18, 2014 $10.66 Nov 20, 2014 $10.66
Nov 25, 2014 $10.66 Nov 20, 2014 $0.83
Dec 3, 2014 $9.84
Dec 2, 2014 $10.66 Dec 3, 2014 $10.66
Dec 9, 2014 $10.66 Dec 3, 2014 $2.76
Dec 23, 2014 $7.91
Dec 16, 2014 $10.66 Dec 23, 2014 $10.66
Dec 23, 2014 $10.66 Dec 23, 2014 $4.69
Jan 5, 2015 $5.98
Dec 30, 2014 $10.66 Jan 5, 2015 $10.66
Jan 6, 2015 $10.66 Jan 5, 2015 $6.62
Jan 23, 2015 $4.05
Jan 13, 2015 $10.66 Jan 23, 2015 $10.66
Jan 20, 2015 $10.66 Jan 23, 2015 $8.55
Feb 10, 2015 $2.12
Jan 27, 2015 $10.66 Feb 10, 2015 $10.66
Feb 3, 2015 $10.66 Feb 10, 2015 $10.48
Feb 19, 2015 $0.19
Feb 10, 2015 $10.66 Feb 19, 2015 $10.66
Feb 17, 2015 $10.66 Feb 19, 2015 $10.66
Feb 24, 2015 $10.66 Feb 19, 2015 $1.74
Mar 6, 2015 $8.92
Mar 3, 2015 $10.66 Mar 6, 2015 $5.03
Mar 11, 2015 $5.63
Mar 10, 2015 $10.66 Mar 11, 2015 $0.19
Apr 8, 2015 $10.48
Mar 17, 2015 $10.66 Apr 8, 2015 $10.66
Mar 24, 2015 $10.66 Apr 8, 2015 $0.95
Apr 13, 2015 $9.71
Mar 31, 2015 $10.66 Apr 13, 2015 $5.41
Apr 16, 2015 $5.26
Apr 7, 2015 $10.66 Apr 16, 2015 $5.21
Apr 17, 2015 $5.45
Apr 14, 2015 $10.66 Apr 17, 2015 $10.66
Apr 21, 2015 $10.66 Apr 17, 2015 $7.14
Apr 20, 2015 $3.52
Apr 28, 2015 $10.66 Apr 20, 2015 $2.29
May 4, 2015 $8.37
May 5, 2015 $10.66 May 4, 2015 $9.07
Jun 12, 2015 $1.59
May 12, 2015 $10.66 Jun 12, 2015 $10.66
May 19, 2015 $10.66 Jun 12, 2015 $10.66
May 26, 2015 $10.66 Jun 12, 2015 $10.66
Jun 2, 2015 $10.66 Jun 12, 2015 $10.66
Jun 9, 2015 $10.66 Jun 12, 2015 $10.66
Jun 16, 2015 $10.66 Jun 12, 2015 $0.91
Jun 17, 2015 $9.76
Jun 23, 2015 $10.66 Jun 17, 2015 $10.66

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