Modern printing machine

Margaret

Lari, Kenya

49% repaid

Entrepreneur

Name

Margaret

Member since

January 2015

On-time repayments

72 installments  •  71%

About Me

My name is Margaret Nyambura Muchiri, married and a mother of one child. Am a Kenyan residence, I live about 50km Northwest of Nairobi in a small village in Lari Division, Lari District in Central Kenya. Am the second oldest aged 26 years among my three sisters and two brothers. I have mum and dad. I have done my basic education . As small scales farmers my dear parent are not able to support all of us and their responsibility to cake care to the young ones,that when i got inspired and i tried a different thing along side with farming.

My Business

Am a young aggressive entrepreneur who owns a small business .Its contains phone accessories photocopier, a printer and camera. We do photocopying, printing and photo shooting.The business is little competitive in the area and hence high chances of vigorous growth. It coasted me $250 for a start and it has been rewarding though in some hardships due to lack of enough capital. Currently making $30-$45 in a week. This helps out in domestic use,house rent and some other expenses that i incur re.

Loan Proposal

my business now is well established,it's now in position to pay my bills and my employee.Am requesting this loan to buy a modern printing machine,which have some mechanical problem to a point no repair only a new replacement.The printer is my backbone of my business without it no business so I pleads with you to fund my loan.
my budget for morden printer $ 240

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$246.00

Date disbursed

Mar 17, 2017

Repayment status

Late

Projected term

8 months

Lenders

Brian

Midhurst, Canada

cyrus0302

San Francisco, United States

S

SelvaMarcus

Green Cove Springs, United States

Cloudways

Malta, Malta

A

Andy

Berlin, United States

N

Neveda

Flagstaff, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Moonknight

Østre Gausdal, Norway

J

JacobvdW

Netherlands

L

luckiestmonkey

United States

M

me.iulian

Iasi, Romania

Tanya

Nelson, New Zealand

MW

Matt Willis

United States

Lotus Flower

United States

Martin Nielsen

Aarhus, Denmark

F

Frits

Rotterdam, Netherlands

PG

Paul Graham

United States

Diego

Monza, Italy

Elise E

United States

KirstenAlana

Los Angeles, United States

J

jennie

Guatemala

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JZ

Julia Zaks

United States

D

Dalton

San Francisco, United States

A

Anonymous

United States

A

As

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

Ask Margaret a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Margaret    Mar 14, 2017

    Thank you lenders for funding my loan,this will help me buy a new printer that is the backbone of my business, will be royal paying back my loan on time.Thank you

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  • Margaret    Mar 7, 2017

    Thank you lenders for funding me.since you gave that loan my business has really progressed before I was making 25% but currently am able to make 35%.I was able to buy modern l aminator,laminating papers,and photo printing papers.

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  • Margaret    Nov 24, 2015

    Thank you my lenders and the entire community,Margaret here have no better words to put them down to show how greatful I am and my family,we really appreciate so much.Funding me changed my business for better position where am able to make profit,though in the process paying back my loan I had some challeges but I thank God that I managed it through,thank you for being patient with me.With that loan i bought some items that has boosted my business where am in position to settle my bill on time.Thank you again and I hope you will be willing to lend me again and again in the future.Margaret

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  • Margaret    Nov 5, 2015

    Thank you lender for being patient with me,i have been having some due on my loan but am happy that my business have been making profit that has enabled me to clear my outstanding balance and pay my other bills.Thank you again for lending me and trusting that I will pay back. Margaret

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  • Margaret    Nov 5, 2015

    Thank you lender for being patient with me,i have been having some due on my loan but am happy that my business have been making profit that has enabled me to clear my outstanding balance and pay my other bills.Thank you again for lending me and trusting that I will pay back. Margaret

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  • Margaret    Nov 2, 2015

    I paid my due during the weeked,my lenders I must clear my loan on time.Thank you. margaret

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  • Margaret    Oct 26, 2015

    My apology for late repayment my lenders trust in me i must pay my loan back and on time,please bare with me for now. Margaret

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  • Margaret    Oct 1, 2015

    Hallo lenders? my business is at its trough and I am really getting it tough. Am very optimistic that all will be well,I am finding other source to get cash from,I wish therefore to reschedule my instalment amount downwards,sincerely. Maggie.

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    • K    Oct 16, 2015

      Hi Margaret, sorry to hear business is slow. I support your plan to reduce your payment amount until you can find new income. I wish you the best.

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  • Margaret    Sep 14, 2015

    hank you empowerment for your best wish am working hard as always . Maraget

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  • Margaret    Sep 9, 2015

    Hallo my lenders? Thanks for believing in my capabality and the positive response i have towards my business, so far am making profit but am having challeges here and there to clear my bills on time,but am working hard to make sure that I settle them on time.I was able to pay for my daughters fee at the daycare to me it an achievement so far.Am working hard to clear my loan on time becouse it has made it possible for my business to grow.Thank you Margaret

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    • K    Sep 9, 2015

      I am glad to hear that your business is doing well. Thank you for your communication and hard work. I hope that your path will become smooth.

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  • Margaret    Jul 30, 2015

    To Jessosix,am hambled,any assistant accorded will be highly appreciated ,thank you.Margaret

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  • Margaret    Jul 30, 2015

    To Empowerment,Thank for your contribution.

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  • Margaret    Jul 30, 2015

    Good afternoon my lender,my business has being florishing day by day.Have managed to buy the laminator,its paper which has made me attrack other customers.Mid July i selected one youth to help me in the business as I attend my husband to seek medical attention.Since my business is still growing am paying her on contract bases.Despite that i believe in hardworking which has enabled me this far,paying all my bill and loan on time.Hoping to clear my loan on good time .Thank you Margaret

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  • Margaret    Jul 2, 2015

    Thank you lender for funding me,I received the money Ksh16509 today . This will help me to buy a lamimator,photo printing papersand laminating papers. I am very sure that my business will go to a higher level and make more profit in order to service my loan on time and pay my other bills.Thank you i appreciate. Margaret

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  • Margaret    Jun 20, 2015

    Thankyou lenders for trusting in me surely this loan will take my business in another level,i will be able to buy a laminator,photo printing papers,i will be honest in repaying loan back.Thank you.

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  • Margaret    Jun 9, 2015

    Thank you Lenders for believing in my ability and hardworking and being honest to pay loan on time. The loan has significantly change our life. For the first time i was able to pay my house help without depending from other sources. Have being paying my bills,and rent on time,I paid my sister school fees for computer college which am almost to wide up.I managed to take my daughter at her grandparent for Ester holiday.

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    • K    Jun 9, 2015

      I am very glad to hear that your business and life have improved so much, Margaret. Thank you for your hard work and excellent repayment. Best of luck to you with your new loan.

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  • Margaret    May 19, 2015

    Good morning lender,
    Thank you so much for believing in me, my first loan has impacted my life in a very big way. My business has at least flourish, am able to do photocopy, printing and distributing photocopy paper in different institution. Have also managed to pay my sister computer package fee, paying my bills on time and I managed to take my daughter at her grandparent on Ester holiday without depending on my husband financial assistance which to me it’s great achievement. Thank you in believe in women empowerment

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    • Jessosix    Jun 1, 2015

      Congratulations Margaret. Well done on all your hard work, I'm very proud I could help you.
      All the best.
      Jess

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  • Margaret    Mar 25, 2015

    Good morning lenders,
    Since the time I qualified for the loan my business has flourishing as time goes by. I am having more profit than before, which is enabling me to service my loan, and pay my rent on time. In the beginning of this month I was able to pay for my sister fee for her computer classes, which I hope to do until she completes her course. Have increased my photocopy printing paper because I was able to deliver them to a nearby school which their used to print for their mid-term exams. Am happy that am enjoying your service and am hoping that I will continue being trustworthy paying my loan.
    Thank you.

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    • K    Apr 12, 2015

      I am very glad to hear that your business is doing well. Thank you for your communication and for repaying dependably.

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  • Margaret    Feb 22, 2015

    so far have been able to distribute photocopy paper to different institution,than i used to do,also have been able to pay my rent on time,am also hoping for more progress as time goes by .
    Thank you for leading me money.

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  • K    Feb 2, 2015

    I hope your loan will be funded and may it bring you great success as you expand your business.

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