Margaret

Kaloleni, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Follow Margaret How it Works

Entrepreneur

Name

Margaret

Member since

April 2013

On-time repayments

12 installments  •  0%

About Me

my names are margaret mwangi a resident here at kloleni. am married and i live with my husband and our family i mean children. am a hard working business woman here at kaloleni. am blessed with five children two are secondary school one being in form one and one in form three. my education background is form four level of Kenya secondary school. with my earnings from my business i do buy basic things for my family as well as paying of school fees.paying of house rent and making very sure that i do add more stock to my business so that the business can grow.

My Business

my business is of buying and selling of foodstuff like dried maize dried beans and cow peace. these business is of high demand here because most of the peoples here they do use this types of foods often.this business is very profitable because i do get more income than the buying price.most of clients like buying more and more from me because my prices is reasonable and fair.my monthly running cost is Kenya shillings 20,000. and my monthly sales collection is Kenya shillings 45,000. this makes me a profit of Kenya shillings

Loan Proposal

my may thanks goes to to the entire zidisha team. am very much proud of you for the good work that you are doing. with this my first loan am going to use it by buying more goods like maize beans and rice that i will keep them at my shop ready for sell. this will ensure that it add more value and different at my daily sales and income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 5, 2013

Repayment status

Late

Projected term

12 months

Lenders

S

SelvaMarcus

Green Cove Springs, United States

J

jasonbronowitz

Tempe, United States

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

Namaste250

Pittsford, United States

M

mgnyc

New York, United States

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  • bconrad    Nov 15, 2013

    Dear Lenders,

    I heard some sad news from Ms. Mwangi today when I called her to ask about her loan payment. A close family member passed away, and she has been busy with her family during this difficult time. She apologized for being unable to make a payment as she had planned.

    Ms. Mwangi, we wish you and your family the best during this difficult time!

    Log in to reply • Share

  • bconrad    Nov 6, 2013

    Dear Lenders,

    My name is Bayle and I am a Country Liaison Intern with Zidisha. I have been in contact with Ms. Mwangi, who said she has been ill, making it difficult to pay. I believe this is a continuation of the illness she had in July, when she was admitted to the hospital. She also told me she is trying to pay for her son's school fees. The combination of school fees and her illness has made it difficult for her to pay. However, she is aware she is in arrears and asked for patience as she works to clear her past payments.

    I will keep you updated as I learn more and work with Ms. Mwangi to reschedule.

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  • bconrad    Jul 31, 2013

    Dear lenders, my name is Bayle and I am a Country Liaison Intern with Zidisha. We have been in contact with Ms. Mwangi, who is currently ill and in the hospital. She plans on making a payment once she is discharged.

    We wish you the best Ms Mwangi, and hope you recover soon!

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  • bconrad    Jul 31, 2013

    Dear lenders, my name is Bayle and I am a Country Liaison Intern with Zidisha. We have been in contact with Ms. Mwangi, who is currently ill and in the hospital. She plans on making a payment once she is discharged.

    We wish you the best Ms Mwangi, and hope you recover soon!

    Log in to reply • Share

  • Namaste250    May 17, 2013

    Dear Mrs. Margaret,

    We have a saying here, all dressed up and nowhere to go. Your shop is all dressed up with your expanded merchandise, and no customers. Maybe it is because so many people are involved with getting their children ready for school. That takes a lot of time and money. So, once the kids are settled in school, your sales may increase. As long as your customers don't go to the competition, you should be ready when sales get better. Are other merchants seeing the same problem?

    Best wishes that sales will pick up soon, Ann

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  • Namaste250    May 17, 2013

    Dear Mrs. Margaret,

    We have a saying here, all dressed up and nowhere to go. Your shop is all dressed up with your expanded merchandise, and no customers. Maybe it is because so many people are involved with getting their children ready for school. That takes a lot of time and money. So, once the kids are settled in school, your sales may increase. As long as your customers don't go to the competition, you should be ready when sales get better. Are other merchants seeing the same problem?

    Best wishes that sales will pick up soon, Ann

    Log in to reply • Share

  • Margaret    May 17, 2013

    thank you much. am very much happy with this loan. i did already buy more goods and kept them ready. m and now am just waiting for any order that will be coming across to deliver the products.

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  • Namaste250    May 6, 2013

    Greetings Mrs. Mwangi,

    Welcome to Zidisha! It is good to expand your inventory so you will always have stock when your customers come. I'm glad I could help a little bit with your first loan. Now your business can grow even faster.

    Best wishes for health for your family (with 5 blessed children) and success in your business, Ann (namaste250)

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