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
Positive
9
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$444.00
Date disbursed
Jul 24, 2014
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
tulare, United States
Darmstadt, Germany
Lahr, Germany
Calgary, Canada
Netherlands
Kenya
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Summary
Amount repaid
$471.08
Amount remaining
$0.00
Date repaid
Feb 13, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 1, 2014 | $16.24 | Aug 1, 2014 | $16.24 |
| Aug 8, 2014 | $16.24 | Aug 7, 2014 | $16.24 |
| Aug 15, 2014 | $16.24 | Aug 15, 2014 | $16.24 |
| Aug 22, 2014 | $16.24 | Aug 21, 2014 | $16.24 |
| Aug 29, 2014 | $16.24 | Aug 28, 2014 | $16.24 |
| Sep 5, 2014 | $16.24 | Sep 4, 2014 | $16.24 |
| Sep 12, 2014 | $16.24 | Sep 11, 2014 | $16.24 |
| Sep 19, 2014 | $16.24 | Sep 18, 2014 | $16.24 |
| Sep 26, 2014 | $16.24 | Sep 25, 2014 | $16.24 |
| Oct 3, 2014 | $16.24 | Oct 2, 2014 | $16.24 |
| Oct 10, 2014 | $16.24 | Oct 10, 2014 | $16.24 |
| Oct 17, 2014 | $16.24 | Oct 16, 2014 | $16.24 |
| Oct 24, 2014 | $16.24 | Oct 23, 2014 | $16.24 |
| Oct 31, 2014 | $16.24 | Oct 30, 2014 | $16.24 |
| Nov 7, 2014 | $16.24 | Nov 6, 2014 | $16.24 |
| Nov 14, 2014 | $16.24 | Nov 14, 2014 | $16.24 |
| Nov 21, 2014 | $16.24 | Nov 21, 2014 | $16.24 |
| Nov 28, 2014 | $16.24 | Nov 29, 2014 | $16.24 |
| Dec 5, 2014 | $16.24 | Dec 5, 2014 | $16.24 |
| Dec 12, 2014 | $16.24 | Dec 11, 2014 | $16.24 |
| Dec 19, 2014 | $16.24 | Dec 20, 2014 | $16.24 |
| Dec 26, 2014 | $16.24 | Dec 26, 2014 | $16.24 |
| Jan 2, 2015 | $16.24 | Jan 2, 2015 | $16.24 |
| Jan 9, 2015 | $16.24 | Jan 9, 2015 | $16.24 |
| Jan 16, 2015 | $16.24 | Jan 21, 2015 | $16.24 |
| Jan 23, 2015 | $16.24 | Jan 23, 2015 | $16.24 |
| Jan 30, 2015 | $16.24 | Jan 30, 2015 | $16.24 |
| Feb 6, 2015 | $16.24 | Feb 6, 2015 | $16.24 |
| Feb 13, 2015 | $16.24 | Feb 13, 2015 | $16.24 |
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