To increase stock in my business

Margaret Watene

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Margaret Watene

Member since

December 2016

On-time repayments

73 installments  •  70%

About Me

My names are Margaret Njeri Watene. I was born in Subukia Nakuru county, studied at Subukia primary school later joined St. Ulrich secondary school which is in lower subukia. After my high school i joined Petanns institute of business studies and did ICT and driving there. My hobbies are reading novel, travelling and listening to music. Am a christian and a God fearing girl.

My Business

After I finished college i started searching for job which was hard to get. I sent application letter to different location,companies and still did not get a vacant. I decided to start my own business getting capital as donation from family members and i started selling shoes. .Am looking forward on expanding my business to the next level.

Loan Proposal

I buy shoes in Nairobi and sell them in subukia. I can sell about 3 pairs per week when the business is low and above 10 when the business is doing fine. I have no established premises and mostly I do mobile business and rely heavily on the friends I have to market my self. I also sell at whole sell to persons who also buy for their business in rural subukia. Am requesting for this loan to improve my business and to make you trust me so that i can borrow large amount of money in future which will enable me improve my business in a great way.

Feedback

1

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  • BernadetteV    Apr 8, 2017

    Regular repayments and loan repaid early. It was a pleasure to lend to Margaret.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.55

Date disbursed

Jan 4, 2017

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $0.44

Lenders

MarktheMormon

Sandy, Utah, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

daniel

maryborough, Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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