Loan to buy more inventory for my business

Linet Magero

Busia Marachi, Kenya

100% repaid

Entrepreneur

Name

Linet Magero

Location

Busia Marachi, Kenya

On-time repayments

197 weekly installments  •  93%

About Me

I am a thirty five year old kenyan female born in a family of two. i was raised up by my parents in the villages surrounding busia. i went to busia airstrip primary school our lady of mercy high school where i did my o levels.later i joined makerere university where i did a degree in economics.after sometime of job searching i was employed as afield officer at some non govenmental organisation in busia. i enjoy my work and put in the necessary effort. this has seen me promoted to assitant manager position.

My Business

i have worked for sometime but realized that my income cannot support all my needs as i cannot fully support my family,continue with education and other ventures.this has made me to start running a small business where i buy some household goods such as soap clothes and others.my business is doing well and i see myself somewhere after sometime.in a month i get about 3000 dollars as revenue and 1000 dollars as profit.i use my time after work visit potential customers and this makes me fell i use my time well.

Loan Proposal

hi lenders, i am asking for a loan of kes 1150 to increase my inventory level.with this i will be able to add two shirts at 50 dollars each. i will sell them 60 dollars. thank you for visiting my profile

My Videos

Aug 18, 2021: My clothing business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.01

Date disbursed

Oct 13, 2016

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Service fee: 5% of $12.01 = $0.53

Upon joining Zidisha, Linet paid a lifetime membership fee of $1.03.

Lenders

Paul Buchheit

Mountain View, United States

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