Sale of cooking stoves, water containers and other kitchen supplies

Margaret

Gilgil, Kenya

100% repaid

Entrepreneur

Name

Margaret

Member since

February 2014

On-time repayments

260 installments  •  25%

About Me

I am a 27 years old lady residing in Gilgil town, Nakuru county, Kenya. I am a Christian married for 3 years and counting.
after finishing my secondary school education, I trained and work as a hair stylist for two years. in the late 2011 i was employed for 4 months as a secretary/receptionist at Wazee Pamoja Self help group office.
in 2012 started working together with my husband in his business till mid 2013 where we decided that i should start my own business to increase our income. I contracted a shade next to my husband business and started sell plastic merchandise.
I am honest, hardworking and Open minded. I love traveling, watching movies and listening to music.

My Business

I sell plastic merchandise e.g. utensils, water containers, buckets, basins, dustbins, backpacks, caps, mavins, wallets, belts and so many other.
I have also sell hair products like hair extension and braids.
In a month i make on average a profit of 6,000 to 10,000 Kenya shillings. I use the money for our upkeep and sometime help my husband to settle some of our bills.
I am the only one selling such product in the area and my competitor is Gilmart supermarket which is a bit far away.
Occasionally I am able to save a little cash for rainy day.
The business has no bills to settle except restocking.
I plan for the business to grow where i will get a premise and stock it with more variety and divers products.

Loan Proposal

The business is still growing and needs a boost to see that it reaches it peak. I will use the loan to add more stock to the one I have. Also will add more variety of products like cooking stoves, 60 liters and above water containers and also introduce phone accessories. these will increase the amount of cash i get from the business and am sure the business will grow.

Feedback

9

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$444.00

Date disbursed

Jul 24, 2014

Repayment status

On Time

Projected term

6 months

Lenders

investor

Candiac, Canada

Spyque

Saint James, United States

G

guenter

Bremen, Germany

BrianHibbs

South Bend, United States

MatthewHaight

Montgomery Village, United States

M

matushek

St Helier, United Kingdom

T

tuttifrutti

tulare, United States

R

ram1919

San Jose, United States

M

marcodexter

Darmstadt, Germany

fairspirit

Utrecht, Netherlands

joaoferraz

RINCHOA, Portugal

A

Andrii

Kiev, Ukraine

Stefano Bertolo

Luxembourg, Luxembourg

melzisme

Kl, Malaysia

D

DKross

New York, United States

Sarasota

Sarasota, Fl, United States

xtrahardware

Cazenovia, United States

Richard Griebe

La Jolla, United States

G

guggl

Vienna, Austria

G

GreenMoney

Lahr, Germany

mygueye

Montreal, Canada

SP

Scott Palmer

branford, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

P

payette

Ottawa, Canada

D

Daisy

Netherlands

camden01

Connecticut, United States

N

NOWfund

Tokyo, Japan

Mikers

Netherlands

F

fvaneijk

Netherlands

Adrien Norulak

Zurich, Germany

SV

sven vdk

Twickenham, United Kingdom

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    Jan 21, 2016

    Thanks so much for believing in me and i am still working hard to get things better thank you.

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  • Margaret    Nov 8, 2015

    Hey, hope you'll understand. My business has gone down due to lack of enough stock. As I told earlier my stock was stolen while being delivered and I have not been able to recover.

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  • Margaret    Aug 12, 2015

    I have not yet been able to recover since the day i lost some of my stock during transit. It has been a struggle but i am doing all my best to meet my obligation. hope thing will improve and with the new amount i will be able to pay my loan on time.

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  • Margaret    Mar 30, 2015

    Hi. I lost some stock that i had bought for my shop during transporting. I am starting to feel the impact of this to my business. I have few stock right now and also i would like to save little money so as to be able to add more stock and improve the business.

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  • Margaret    Mar 13, 2015

    Hi. Thank you all who fund my loan. An unfortunate thing happened. I bought addition stock for the business but it was stolen while transporting. It was a big blow but i hope that i will be able to survive it without inconveniencing anyone especially my lender. The good thing is the business is still good.

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  • Margaret    Feb 21, 2015

    I acknowledge and give my thank to those lender who have give their feed back and positive feed back in that case. Guenter, melzisme, guggl, Syncret, xtrahardware thank you guys for your trust and confidence in me.

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  • Margaret    Feb 21, 2015

    I want to thank all my lenders who have funded my loan in the past. you put your trust in helping realize my dream. Now i have this next project and ask that you fund me again.

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  • Linus    Feb 18, 2015

    all the best

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  • Margaret    Feb 18, 2015

    Hi every one. I want to thank all my lenders who have funded my project in the past. the loan was a success and was able to boost my business. The business is doing great and show alot of potential. thank you for being part of my success story.

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  • bconrad    Dec 1, 2014

    Dear Lenders,

    Due to a data entry error, a payment from Margaret on November 21st was entered multiple times erroneously. Once this error is fixed in our system, the funds in your lender accounts will decrease accordingly. We apologize for this error and any inconvenience it causes you!

    Thank you,
    Bayle, Country Liaison Manager

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  • Margaret    Sep 23, 2014

    To all zidisha team and my lenders thank you so much for lending me. My business is doing great. God Blessing be upon you.

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  • Margaret    Jul 24, 2014

    All is going great thank to all my lenders; Thebonseung, guggi, robocosta, scottpz, goodwithoutgod, camden01 and guenter thank you.

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  • Margaret    Jul 23, 2014

    mygueye, GreenMoney, jifges, matushek and charyKenya thank you so much for contributing to my loan application. May God bless you all.

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  • Margaret    Jul 23, 2014

    joaoferraz, griebe, Beetdiggingcougar, Zidisha Matching Loan Fund, NOWfund and fairspirit. Thank you a lot.

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  • Margaret    Jul 22, 2014

    thank you MathewHaight, ksammy and Payette for biding to make my dreams come true.

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  • Margaret    Jul 22, 2014

    Thank you Investor

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  • Margaret    Jul 22, 2014

    Many thanks goes to all my lenders who have shown positive response to my application

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  • Margaret    Jul 22, 2014

    Thanks you Jossy and i will definitely do that..

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  • jossy2011    Jul 22, 2014

    Hey,
    Am a newbies here,I have thrown a few dollars your way.I expect you to Rate me and recommend for a loan to me,
    I trust you shall reciprocate the gesture when I list for my loan soon,
    Best wishes!
    Thanks

    Log in to reply • Share
  • Margaret    Jul 21, 2014

    adrianogosuen Thank you.

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