Entrepreneur
Name
Margaret
Member since
July 2014
On-time repayments
198 installments • 79%
About Me
My name is Margaret Wanja. Born in Meru County around Mt. Kenya. I went to primary and later secondary school for my education. I later joined a training college where I enrolled for a certificate course in computer applications. I later relocated to Mombasa where I got a job in a photoshop where I was employed as a computer operator. I worked there for about 2 years and later decided to start my own business.
I am a single mother of one daughter aged 1 year. I am a hardworking person who is always trying to improve the quality of my life by expanding my business and also seeking more knowledge through training. I am currently doing a short course in video editing.
My Business
I deal with selling of mobile phones accessories, eyeglasses, watches and other trinkets. I have been in this business for two years. I have gained valuable experience during this period and I feel confident that I have found my right type of business. However, I do face a number of challenges key among them lack of adequate capital to stock my store.
I normally buy my stock from Nairobi and if given credit by Zidisha I hope to buy more stock with the money. My shop is normally frequented by young people and most of them can afford the stuff I sell since they are mostly low-end type. I get a good number of clients per day since the shop is located at a very busy area in town.
Loan Proposal
Zidisha loans have made it possible for me to graduate from selling small items to now selling mobile phones. My clients have supported me through this journey and they have encouraged me to invest even more on mobile phones. These phones are very popular in Kenya and their sales picks up towards the end of the year because this is the time most people have some money to spend on such items.
I am hoping to cash on this season and make some good profit. I will spend the money to buy an assortment of phones both low budget and smart phones so as to address the needs of all types of clients. This will cost me about USD 400 and this will definitely contribute to the growth of my business immensely.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$465.00
Date disbursed
Oct 16, 2015
Repayment status
On Time
Projected term
11 months
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