Margaret

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Margaret

Member since

August 2013

On-time repayments

45 installments  •  38%

About Me

I was born on the 22nd of November 1977 in Emborogo village, Nyaribari Masaba constituency kisii county. I started schooling in Romosha primary school in 1984. After completing my primary school in 1992 I later joined Ole Tipis Girls High school where I completed my O levels in 1996 and later on joined Egerton University and pursued a bachelor of Science(Natural Resource Management).I worship at Ngata Seventh Day Adventist church which is located in Ngata which is 8 kilometers from Nakuru town. I stay in Ngata bridge adjacent to the SDA Adventist church black gate.

My Business

I currently operate a computer service shop, with a photocopier and sell stationery in Nakuru town. My main clientele is university students from an adjacent Egerton University Campus. Though the business is strategically placed, it is upcoming and often overwhelmed by the demand of the clients.
The business is constrained by finances. The shop has one small photocopier, one printer and a desk top computer. With this, the shop operates at a constraint with students often having to wait for a longer time to get served on printing and photocopying. Restocking of stationery is also at its bare minimum due to financial shortfall, with some basing items running out of stock from time to time because of limited restocking.
I am looking for a loan to enable me to buy one photo copy machine, binding machine, staplers and staples and increase stock of first moving stationery such as pens and books. I will then enhance efficiency by adding one more staff to make them two. This will help the business to be efficient and realize better profit margins

Loan Proposal

This is a school opening season. I have gotten an order of supplyng 60 trays of eggs per week to one of the boarding secondary schools in Nakuru town. I get a tray of eggs at KES 260 and i will be selling it at KES 400 to the school. This will give me a profit of KES 140 times 60 trays. This will give KES 8400 per week.In one month, i will make KES 33600 per month. This is not a gamble! It is real. The amount will help me to buy an hatchery that will help me brood my own chicks which i will rear.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 5, 2014

Repayment status

On Time

Projected term

7 months

Other loans

Lenders

Hope2012

United Kingdom

P

Paleomagick

Eldred, United States

Ask Margaret a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...