Zidisha |

Margaret

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Margaret

Member since

June 2013

On-time repayments

17 installments • 53%

About Me

My names are Margaret Pretty Jumwa. I was born in 1977 in Kilifi County, the coastal part of Kenya. I am a Giriama by tribe, I am honest, competent and hardworking. I come from a very humble background. I reside in Shanzu – Mombasa County. I am a born again Christian. I have children and am married. I am a business woman and that’s what I use to fend for my children. I am a house wife as I am not that learned but did up to Form four. The reason why I started this business was to look for something that would make move on rather than being a housewife. The earnings I get most of the time go to food and stock to keep my business going.

My Business

As a businesswoman, I normally sell home basic needs like, kales, tomatoes, onions, garlic, spices, cereals, potatoes, cabbages, fruits. Yes I have clients who must purchase the above aforementioned items. Especially the cereals and vegetables as they foods which must be eaten. My customers prefer my business because I normally sell my items at a cheaper rate unlike supermarkets and other points. The business is profitable because I have so many clients as I sell compulsory needs. Actually I have minimal risks as I have no problems with the authorities such as the County Council as I already acquired a license.
On a good day I normally produce 1,000/= so that adds upto 30,000/= per month.
Total expenditure per month is 22,000/- that is school fees, electricity, food, stock and rent. So my monthly profit is 8,000/=

Loan Proposal

Thank you so much Zidisha Team for my loan approval. The first loan will be used to add more stock in my business. I will also work on repairing my grocery which is needs repair as it is thatched with Makuti. Once I get the loan I will ensure I cooperate with you diligently in making sure the loan is repaid in the needed time without fail and ensuring that I complete the repayment. After the repayment I will also borrow a send loan in ensuring prosperity of my business. Once again thank you so much and God bless you so much.