Loan to purchase more stock 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

high lenders i am requesting for a loan of kes 2681 to add more stock to my business.this money is really going to have a positive effect on my stock quantity as well as profitability.my customers are enjoying good supply of clothing that would have made them travel for long distance looking for them.

My Videos

Aug 18, 2021: My clothing business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$26.68

Date disbursed

Mar 19, 2017

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Service fee: 5% of $26.68 = $1.19

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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