Cereal & fruit business

Margaret

Ngong, Kenya

10% repaid

Entrepreneur

Name

Margaret

Member since

December 2016

On-time repayments

28 installments  •  39%

About Me

I am Margaret Nyambura, my tribe is Kikuyu. I was born in Nanyuki, Rift valley province, Kenya. I am the second born of 4 ladies. I am a single mother with one son, 7 years old. My firstborn sister is married with 2 daughters, thirdborn sister is married with one son and my little sister is in campus, third year. My parents were very hardworking farmers which gave my dad a name , 'Kamindo', a Meru word meaning strong,hardworking man who never tire, Mmmmmmmh. So we could assist in the farm, fetch water from the river, fetch firewood and do all household chores. I am 28 aged business woman. Since my parents separated, life has not been easy. Dad has not been supporting us at all so my dear mother has struggled all through, paying for our school fees until we attained high school. My Older sister got married before completing her college studies, the third born gave up after failing some papers as she was pursuing B. business management. Myself i did My KCSE, Kenya Certificate of Secondary Education in 2009. In 2010 i enrolled for computer studies and scored distinction. I was to join campus in 2011 but i did not because i was expectant. since then i have worked very hard to feed my kid, myself, pay for school fees and support my mother. We have struggled to pay for my sister's university fee until i couldn't afford for my college fee. This made me think, i thought of a small business, i could cook chapattis and sell, buy children clothes and sell by mobile. Now I buy dry beans, dry maize, peas and other cereals, fruits and veges and sell at retail. I love doing my own business and being my own boss. As my mother helps me in business, i work at Oloolaiser Boys High School as an Accountant. Before i used to work as the secretary but after i started my CPA, they promoted me to the accounts office. I don't earn much though, but i'm grateful. I am hardworking, principled and goal oriented lady. I believe in success, dream come true and most of all, I believe I can.

My Business

I do cereal's business. I buy stock from farm and sell to customers at a good price. I also do online marketing e.g network marketing, and also I sell items online. I work as an accountant, Oloolaiser high school and earn small amount end month. to sum up, I am a hustler.

Loan Proposal

I will enlarge my cereal and fruit business as well as invest in other means e.g selling tea, mandazi and chapattis. cereal business, i will add more stock, buy from the farm as a wholesale and sell to my customers as retail and at a and fair price. The profit i earn will help me pay for my bills, pay school fees for my son and also pay for my tuition, college fees and examination fees. if you grant me this money, i will really appreciate and will be of great help. Thank you and may the alright God bless you abundantly as you continue with your good work.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Aug 13, 2018

Repayment status

Late

Projected term

3 weeks

Lenders

J

James

United States

A

Anonymous

United States

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