Entrepreneur
Name
Margaret
Member since
August 2014
On-time repayments
128 installments • 39%
About Me
I am the last born in a family of four currently residing in Nakuru, Lanet area.
I studied in Loreto high school and went to Nakuru teachers college for my diploma. I graduated in 2011 and opened a small cafe business in Nakuru town. Later on, I got a teaching job at the Lanet Eagle Mount Academy where I am situated to date.
My hobbies include making new friends, eating and swimming. I also love cooking and that is why I want to expand my business. In order to do so I need to move from the shed along the Matatu stage where my cafe is currently located to a place in the town CBD.
My Business
Due to the rising number of cafe owners in town, I am planning to beat the competition by offering quantity and quality food. I plan to deliver food to clients at their place of choice in plastic tins. I sell products such as traditional porridge, mandazi, vegetables, fruits, beef stew and chapatis.
Monthly I earn around $130 from my teaching job, $350 from my cafe less $32 for license fees and $270 for restock, leaving me with a profit of $48. Should I by any chance experience difficulties in repaying my loan due to possible increases in food prices, I will use my teaching salary to repay my loan.
Loan Proposal
i earn an estimate of 130 dollars from my teaching job, 350 dollars from the cafe and pay a license of 32dollars, restock using 270 dollars while i save 48dollars. in case i experience difficulties in repaying my loan maybe due to increase in food prices, i will use my teaching salary to repay my loan however, my last loan has helped me increase my earnings from the case with an estimate amount of 120$ monthly. with the amount of 300$, i will purchase one pig for 93$, woodwork and preparation of the pork butchery will cost an estimate of 116 dollars, since i already have a license, i will not have to pay for another one. however, i will employ a butcher for a salary of 58$. the rest will be used for miscellaneous purposes and other needs that may come up in the process. i hope that you will support me as i seek to achieve financial stability for my family and i.
About Me
i am the last born in a family of four currently residing in N akuru, lanet area. i studied in loreto high school and went to nakuru teachers college for my diploma. i graduated in 2011 and opened a small cafe business in nakuru town. later, i got a teaching job in lanet eagle mount academy where am situated to date. my hobbies include making new friends, eating and swimming. i also love cooking and that is why i want to expand my business. i want to find a room in the town CBD since am currently located in a shed along the matatu stage.
My Business
due to the rising numbers of cafe owners in town, i plan to match the competition through offering quantity and quality food. i plan to deliver food to clients at their place of choice in plastic tins. i sell foodstuffs such as traditional porridge, mandazi, vegetables, fruits, beef stew and chapatis. in a month, i earn an estimate of 130 dollars from my teaching job, 350 dollars from the cafe and pay a license of 32dollars, restock using 270 dollars while i save 48dollars. in case i experience difficulties in repaying my loan maybe due to increase in food prices, i will use my teaching salary to repay my loan.
Loan Proposal
i earn an estimate of 130 dollars from my teaching job, 350 dollars from the cafe and pay a license of 32dollars, restock using 270 dollars while i save 48dollars. in case i experience difficulties in repaying my loan maybe due to increase in food prices, i will use my teaching salary to repay my loan however, my last loan has helped me increase my earnings from the case with an estimate amount of 120$ monthly. with the amount of 300$, i will purchase one pig for 93$, woodwork and preparation of the pork butchery will cost an estimate of 116 dollars, since i already have a license, i will not have to pay for another one. however, i will employ a butcher for a salary of 58$. the rest will be used for miscellaneous purposes and other needs that may come up in the process. i hope that you will support me as i seek to achieve financial stability for my family and i.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$263.00
Date disbursed
Sep 1, 2016
Repayment status
Late
Projected term
21 months
Other loans
Lenders
Summary
Amount repaid
$101.74
Amount remaining
$174.42
Expected completion
Jun 9, 2018
Status
Repaying late
Installment amount
$3.02
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 10, 2016 | $3.02 | Sep 10, 2016 | $3.02 |
| Sep 17, 2016 | $3.02 | Sep 16, 2016 | $3.02 |
| Sep 24, 2016 | $3.02 | Oct 2, 2016 | $3.02 |
| Oct 1, 2016 | $3.02 | Oct 2, 2016 | $3.02 |
| Oct 8, 2016 | $3.02 | Oct 14, 2016 | $3.02 |
| Oct 15, 2016 | $3.02 | Oct 14, 2016 | $3.02 |
| Oct 22, 2016 | $3.02 | Nov 1, 2016 | $3.02 |
| Oct 29, 2016 | $3.02 | Nov 5, 2016 | $3.02 |
| Nov 5, 2016 | $3.02 | Nov 13, 2016 | $3.02 |
| Nov 12, 2016 | $3.02 | Nov 13, 2016 | $3.02 |
| Nov 19, 2016 | $3.02 | Dec 17, 2016 | $3.02 |
| Nov 26, 2016 | $3.02 | Dec 17, 2016 | $3.02 |
| Dec 3, 2016 | $3.02 | Dec 17, 2016 | $3.02 |
| Dec 10, 2016 | $3.02 | Dec 17, 2016 | $3.02 |
| Dec 17, 2016 | $3.02 | Dec 17, 2016 | $3.02 |
| Dec 24, 2016 | $3.02 | Jan 14, 2017 | $3.02 |
| Dec 31, 2016 | $3.02 | Jan 14, 2017 | $3.02 |
| Jan 7, 2017 | $3.02 | Feb 17, 2017 | $3.02 |
| Jan 14, 2017 | $3.02 | Feb 17, 2017 | $3.02 |
| Jan 21, 2017 | $3.02 | Feb 17, 2017 | $3.02 |
| Jan 28, 2017 | $3.02 | Feb 17, 2017 | $3.02 |
| Feb 4, 2017 | $3.02 | Feb 17, 2017 | $3.02 |
| Feb 11, 2017 | $3.02 | Feb 17, 2017 | $3.02 |
| Feb 18, 2017 | $3.02 | Mar 10, 2017 | $3.02 |
| Feb 25, 2017 | $3.02 | Apr 2, 2017 | $3.02 |
| Mar 4, 2017 | $3.02 | Oct 21, 2018 | $3.02 |
| Mar 11, 2017 | $3.02 | Mar 5, 2019 | $1.01 |
| Mar 15, 2019 | $2.01 | ||
| Mar 18, 2017 | $3.02 | Mar 22, 2019 | $2.01 |
| Mar 28, 2019 | $1.01 | ||
| Mar 25, 2017 | $3.02 | Mar 28, 2019 | $1.01 |
| Apr 4, 2019 | $2.01 | ||
| Apr 1, 2017 | $3.02 | Apr 26, 2019 | $2.01 |
| Jul 14, 2019 | $1.01 | ||
| Apr 8, 2017 | $3.02 | Jul 14, 2019 | $1.01 |
| Jul 25, 2019 | $2.01 | ||
| Apr 15, 2017 | $3.02 | Jul 31, 2019 | $2.01 |
| Aug 10, 2019 | $1.01 | ||
| Apr 22, 2017 | $3.02 | Aug 10, 2019 | $1.01 |
| Aug 30, 2019 | $2.01 | ||
| Apr 29, 2017 | $3.02 | Sep 13, 2019 | $2.01 |
| May 6, 2017 | $3.02 | ||
| May 13, 2017 | $3.02 | ||
| May 20, 2017 | $3.02 | ||
| May 27, 2017 | $3.02 | ||
| Jun 3, 2017 | $3.02 | ||
| Jun 10, 2017 | $3.02 | ||
| Jun 17, 2017 | $3.02 | ||
| Jun 24, 2017 | $3.02 | ||
| Jul 1, 2017 | $3.02 | ||
| Jul 8, 2017 | $3.02 | ||
| Jul 15, 2017 | $3.02 | ||
| Jul 22, 2017 | $3.02 | ||
| Jul 29, 2017 | $3.02 | ||
| Aug 5, 2017 | $3.02 | ||
| Aug 12, 2017 | $3.02 | ||
| Aug 19, 2017 | $3.02 | ||
| Aug 26, 2017 | $3.02 | ||
| Sep 2, 2017 | $3.02 | ||
| Sep 9, 2017 | $3.02 | ||
| Sep 16, 2017 | $3.02 | ||
| Sep 23, 2017 | $3.02 | ||
| Sep 30, 2017 | $3.02 | ||
| Oct 7, 2017 | $3.02 | ||
| Oct 14, 2017 | $3.02 | ||
| Oct 21, 2017 | $3.02 | ||
| Oct 28, 2017 | $3.02 | ||
| Nov 4, 2017 | $3.02 | ||
| Nov 11, 2017 | $3.02 | ||
| Nov 18, 2017 | $3.02 | ||
| Nov 25, 2017 | $3.02 | ||
| Dec 2, 2017 | $3.02 | ||
| Dec 9, 2017 | $3.02 | ||
| Dec 16, 2017 | $3.02 | ||
| Dec 23, 2017 | $3.02 | ||
| Dec 30, 2017 | $3.02 | ||
| Jan 6, 2018 | $3.02 | ||
| Jan 13, 2018 | $3.02 | ||
| Jan 20, 2018 | $3.02 | ||
| Jan 27, 2018 | $3.02 | ||
| Feb 3, 2018 | $3.02 | ||
| Feb 10, 2018 | $3.02 | ||
| Feb 17, 2018 | $3.02 | ||
| Feb 24, 2018 | $3.02 | ||
| Mar 3, 2018 | $3.02 | ||
| Mar 10, 2018 | $3.02 | ||
| Mar 17, 2018 | $3.02 | ||
| Mar 24, 2018 | $3.02 | ||
| Mar 31, 2018 | $3.02 | ||
| Apr 7, 2018 | $3.02 | ||
| Apr 14, 2018 | $3.02 | ||
| Apr 21, 2018 | $3.02 | ||
| Apr 28, 2018 | $3.02 | ||
| May 5, 2018 | $3.02 | ||
| May 12, 2018 | $3.02 | ||
| May 19, 2018 | $3.02 | ||
| May 26, 2018 | $3.02 | ||
| Jun 2, 2018 | $3.02 | ||
| Jun 9, 2018 | $1.16 | ||
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