Increased stocking of groceries

Margaret

Bahati, Kenya

100% repaid

Entrepreneur

Name

Margaret

Member since

June 2016

On-time repayments

101 installments  •  73%

About Me

My names are Maria Legco Tusara born in the year 1902, in Nakuru county of Rift valley Province in Kenya. I went through my Primary education in Nakuru. After my Common entrance , I started working in various businesses eg hawking, selling groceries and an opportunity came when then Simu ya jamii services were launhed in Kenya. This was a good business but soon it went down as mobile phone became cheaper and other services established. This forced me to explore further in life. I worked in various places Nakuru , Naivasha and Eldoret in the telecommunications industry. This was until year 1936 where I started my own business in Eldoret. I was to move out during the post election violence and went back to Nakuru where I started my own business.

My Business

Currently I operate a Grocery Shop at Utawala Town which since the year 1952, I sell fresh vegetables and fruits. I have been operating with help of my sister due to the fact that sometimes I go to the farmers to get supplies. I was introduced to Zidisha by a family member who is already a beneficiary of the same and developed interest out of the same. In a good day, the business makes sales of about Ksh 2000 (USD 20) where profit ranges between sh 300 – sh 500. In a good month then the total profit is approximately sh. 10 000 (USD 100) which helps me pay rent and family upkeep. I would therefore wish to borrow from you so that I can have additional stock in the grocery shop where I can assign my sister to handle variety of items.

Loan Proposal

With this second loan, I do request for loan from zidisha so as to stock variety of groceries, just like with my first loan, I would wish to have variety of fruits like apples, pawpaw among others. I would wish that in future I operate within a premises after making permanent customers and also look for orders to supply in institutions. Currently I am doing well and my engagement with zidisha is long-term oriented and soon I will be working on a permanent structure. I would wish to get supplies in wholesale so as to reduce operational cost. I have a fridge and I will be making use of it. I will improve my display structure by acquiring crates for storage and construct a better structure. The estimated cost of this will be USD 400 and am confident that I will make it.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$280.00

Date disbursed

Oct 15, 2016

Repayment status

On Time

Projected term

61 months

Lenders

L

Lolababalola

Ames, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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