Loan to buy grains (maize & beans) for sale

Margaret

Gera Village, Kenya

41% repaid

Follow Margaret How it Works

Entrepreneur

Name

Margaret

Member since

April 2015

On-time repayments

28 installments  •  25%

About Me

I am Margret Anyango, a widowed lady and mother of five and a grandmother of one, three daughters and two sons and grandson. I do not have much education beyond primary level because my father discriminated girls from going to school and he only educated his sons something that is hurting me to date simply because my husband used to abuse me that I am not educated.

Despite my limited education, I have tried my hands in grains business nad it has done very well all over the years. I am gifted with wisdom of saving to grow the business, though lack of capital has thwarted my efforts to grow the business better. I am a christian but I love humanity.

I am a mother to many many children and a helper to widows in my community, I do counsel with them and advise them to start small income generating activities that could help them avoid irresponsible behaviors leading to sex and contraction of HIV/AIDS among other sexually transmitted disease that has threatened survival of future generations of Africa. living with my brother's children ,they are orphans and were left in my hands.

My Business

I am in the business of cereal buying and selling. My products are maize grains, beans and millet but my main product that I buy and sell in bulk is maize followed by beans. During harvesting seasonIalways stock maize of upto $ 400 and beans $200. I stock these products during harvesting season because during this period farmers do sell them at throw away price then treat to preserve and store for two to three months and sell when the price had increased by 70% giving a profit of almost 60%.
My business is much profitable but we have only one challenge which lack of enough capital and timing, meaning during harvesting you should have enough money to do purchase. If i get Zidisha loan i hope this challenge will be resolved and I will strive to repay the loan early enough me take more loans from ZIDISHA lenders..

Loan Proposal

I thank you so much Zidisha for accepting my application. The loan i am going to get i will use it as follows:-

At the moment the price of maize is down because farmers have just harvested their produce. 2 kgs tin(gorogoro) is Ksh 55 and in one month time it will increase to Ksh 80. I will use $ 100 to purchase 180 tins (gorogoro)of 2kg each which is equivalent to 3 sacks of 90 kgs each. Each tin I will be making a profit of Ksh 25.

Another $50 i will use to stock beans. Currently one tin(gorogoro) goes at $1, so i will buy fifty tins that will cost me $50.Next month people will be planting so the price of bean will double.So people are likely to buy from the market at $2 or $2.50. Here i will be making a profit of around $60.

This loan will improve my life because the profit i will get, my children and grandchild will have something to eat and go to school too as I repay the loan in time as agreed upon.Thank you

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 28, 2015

Repayment status

Late

Projected term

6 months

Lenders

C

Christian

Saarbruecken, Germany

P

penguin3694

Chicago, United States

J

jzidi

Los Angeles, United States

K

keane2097

Ranelagh, Ireland

M

mmcclu111

San Francisco, United States

McJulio

New Jersey, United States

T

Tui1974

nuenen, Netherlands

panamaman

Philadelphia, United States

fairspirit

Utrecht, Netherlands

L

LindsayB

Sydney, Australia

A

andreasb

Zug, Switzerland

gseletko

South Perth, Australia

Matthieu

Switzerland, France

M

MarkKrakow

Joliet, United States

H

hambunny

Manchester, United Kingdom

H

hulte

Norway

S

SimonAngus

South Africa

J

jbhernan

United States

mepster

San Francisco, Ca, United States

A

Arkad

United States

A

AlphaAres

Azerbaijan

ThomasJosef

Berlin, Germany

BP

Bing-shu Pan

Taiwan

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  • Gladys    Nov 20, 2015

    Dear Zidisha Team,

    I have spoken to Margaret Anyango about her laon, she says she is sorry and she will make her payments by Monday. I have told her its better to be on time payment by paying the little she can instead of paying late. So I requested her to adjust her loan, and she says she must have someone who will guide her at the cyber that I give more time to look also for this person.

    Thank You,
    Gladys Adera
    Volunteer Mentor.

    Log in to reply • Share

  • Gladys    Oct 15, 2015

    DearZidisha Team,

    I have spoken to Margaret and she says she is not feeling well and in bed right now. I have requested her on how to adjust her loan. She is asking for more time to do that because she is not able to do it right now until next week. I ave told her it is better for her to adjust to pay the little she can so that she can be on time payment.

    she said she will try and do that.

    Thank You,
    Gladys Adera,Volunteer Mentor.

    Log in to reply • Share

  • Gladys    Oct 7, 2015

    Dear Zidisha Team,

    I have tried to talk to Margaret and she says she is sorry she has not been able to pay her loan because she is unwell and not been able to attend to her business. She is requesting to start paying on Friday next week. I have requested Margaret to ask someone to show her how to operate the internet and adjust her payments. She has said she will try and do that but she is sick.

    thank You,
    Gladys Adera,
    Volunteer Mentor.

    Log in to reply • Share

  • Gladys    Sep 30, 2015

    Dear Zidisha Team,

    I have not managed to talk to Margaret, but I have spoken to Regina Auma, one of the family members. I have asked Regina to Remind Margaret on how she can adjust her loan and be on time payment. She has said she will go to Margaret's place tomorrow and let me know.

    Thank You,
    Gladys Adera
    Volunteer Mentor.

    Log in to reply • Share

  • Gladys    Sep 23, 2015

    Dear Zidisha Team,

    I was unable to talk to Margaret because her phone is off. I have spoken to Regina one of the neighbours and she has told me she will speak to Margaret and let me know. I have requested Regina to tell Margaret of a way of adjusting her loan in case of any problems. She has said she will let her know that.

    Gladys Adera
    volunteer Mentor.

    Log in to reply • Share

  • Gladys    Sep 16, 2015

    Dear Zidisha Team,

    I have tried to call Margaret Anyango but her phone his off. I have spoken to one neighbour Daniel Orina but he says I give him time this week, to look for Margaret.

    Thank You,

    Gladys Adera
    Volunteer Mentor.

    Log in to reply • Share

  • Gladys    Sep 10, 2015

    Dear Zidisha Team,

    I have talked to Otieno Owang's mother and she said Otieno joined NYS and is completing end of this month. His phone is off because they are not allow to use phones. So I am requesting you we wait until end of this month.

    Thank you,
    Gladys Adera,
    Volunteer Mentor

    Log in to reply • Share

  • Gladys    Sep 10, 2015

    Dear Zidisha Team,

    I have talked to Margaret Anyango and she is very sorry of late payment. She says she has been having one funeral after another and she at the same time is sick. She is requesting if you can give her more time until next week.

    Thank You,
    Gladys Adera,
    Volunteer Mentor.

    Log in to reply • Share

  • Gladys    Sep 3, 2015

    Dear Zidisha Team,

    I have tried to call Margaret Anyango but she is not answering my call. I have also tried to call Kennedy Onyango the community leader but he is not answering my calls. I have spoken to Millicent Aoko, one of the invitee members and she said she is going to look for the community leader and talk to him. I have also spoken to Millicent Katono and she said she will look for Margaret. I have spoken to Daniel Oriwa one of the neighbours and he says I give him time to saturday to look for Margaret Katono.

    Thank You,
    Gladys Adera,
    Volunteer Mentor

    Log in to reply • Share

  • Gladys    Aug 4, 2015

    Dear Zidisha Team,
    I have tried to contact Margaret Anyango about her loan, she says its someone who took money on her behalf and she may not know who. I have called and talked to her community leader Kennedy Onyango. Kennedy says he will get in touch with Margaret and get back to me.

    Thank you,
    Gladys Adera
    Volunteer Mentor.

    Log in to reply • Share

  • Gladys    Jul 22, 2015

    Dear Zidisha Team,
    I have talked to Margaret Anyango, but she said she as been having problems financially, and will mak her payments this week.

    Thank you
    Gladys Adera.

    Log in to reply • Share

  • Gladys    Jul 9, 2015

    Dear Zidisha Team,
    I have contacted Margaret Anyango but she is not answering my call.
    I have talked to one of the invitees Millicent aoko, and she as said she will contact margaret today in regard to her payment.

    Gladys adera
    volunteer Mentor.

    Log in to reply • Share

  • Gladys    Jun 4, 2015

    Dear Zidisha Team,
    I have managed to contact margaret Anyango, and now she has reduced her payment and now her next payment is on 7th June. she says she is sorry about this and will pay on time.

    Log in to reply • Share

  • Gladys    Jun 2, 2015

    Dear zidisha team,
    I have talked to margaret anyango and she has reduced her payment. I have only asked her now to pay the balance for 17th of May inorder for her to continue paying on time.

    Thank you,
    Gladys Adera
    Volunteer Mentor.

    Log in to reply • Share

  • Margaret    Jun 1, 2015

    Due to heavy rains in Mbita region at the moment, I am unable to meet my weekly obligations.

    Log in to reply • Share

  • Gladys    May 28, 2015

    Dear Zidisha Team,
    I have talked to Margaret Anyango about her loan payment for 17th, 24th. I have told her not to pay late but incase she may have a problem reduce her payment so that she can be on time. Margaret says, she will do that tomorrow after she has made her payment.

    Thank you,
    Gladys Adera
    Volunteer Mentor,

    Log in to reply • Share

  • Gladys    May 20, 2015

    I have tried to talk to Margaret Anyango about her loan payment, she said her phone was not okay and decided to give to one of her reference 500/- to pay for her. Her reference Milicent Aoko sent through her number, I have talked to both of them to write to service at Zidisha if this payment can be shown on Margaret Anyango. I have also told Margaret to Adjust her payments if she cannot pay the amount required. She said she is sorry and would do it today.
    Thank you
    Gladys Adera
    volunteer Mentor

    Log in to reply • Share

  • Gladys    May 19, 2015

    Hello Zidisha Team,
    I have talked to Margaret referee(Millicent Anyango), she said she sent 500/- but did not know how to adjust this loan, so she is going to the internet and I will show them how to adjust the loan.

    Thank you
    Gladys Adera
    Volunteer Mentor

    Log in to reply • Share

  • Gladys    May 15, 2015

    Hello Zidisha Team,
    I have talked to Margaret referee(Millicent Anyango), she is saying margaret phone is not working well but, Margaret said she will pay her loan for 10th and for 17th tomorrow. She has been going through some problems. But I told Millicent to tell or assist on how to adjust her loan. So that she should not be on late payment.

    Thank you,
    Gadys Adera
    Volunteer Mentor

    Log in to reply • Share

  • Gladys    May 14, 2015

    Hello Zidisha Team,
    I have tried to go through Margaret Anyango, and fortunately found one of their family members and requested her to tell Margaret to pay her loan and get intouch with zidisha team.

    Thank you
    Gladys Adera
    Volunteer Mentor.

    Log in to reply • Share


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