Add stock

Mercy Maluki

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Mercy Maluki

Member since

May 2018

On-time repayments

54 installments  •  57%

About Me

I was born in Kitui county and went to Central primary school in the same county. I proceeded to Mutomo Girls High School in kitui county. After completing form four i moved to Mombasa county to look for employment.

I started a small business of selling clothes. I am still running the business although i managed to get employment with an auctioneering firm.

what is unique about the culture where i live is that the people are very social considering Mombasa is a muslim community.

My hobbies and pastime include travelling, reading, adventuring.

My Business

I sell second hand clothes mainly ladies wear.

These clothes are in demand since ladies like moving with fasion such that when i get new arrivals they usually move fast.

I chose this business so that I can earn a living and more so to educate my children and better my life. I also like this particular business.

Per month i can make between Kes 40,000-50,000.

I use my profits to educate my children and also add stock to my business.

Loan Proposal

I will use the cash to buy clothes to add to my stock o f cloths for sale. I will buy ladies shirts and men trousers. this will help in increasing my sales and the profit will automatically go up. I expect the profit to increase by at least 20%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$13.11

Date disbursed

Aug 21, 2018

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: $0.52

Credit risk payment: $2.12

Lenders

ads68

Melbourne, Australia

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