Entrepreneur
Name
Mercy
Member since
February 2015
On-time repayments
198 installments • 61%
About Me
My names are Mercy Chebet. I am a permanent resident of Chepkosa village, in Bomet. I am married and we are blessed with three children. I completed my secondary education in 2013. After looking for a job in vain, I decided to venture into business of selling new and second hand clothes. Later as the business grew I introduced shoe wares. The proceed income from my business is put back to the business and the rest is used to support the daily expenses of my house hold.
My Business
My business deals with the new and second hand clothes, shoes wares. There is demand for these goods especially the second hand clothes due to the government regulation of the cotton industry. The demand is also due to my competitive price to the customers. Customers prefer my business because of the ideal strategic location of the business. I am polite and courteous ant that is the reason customers prefer my business. The business is profitable because I am able to add stocks and I can see it grow each and every month and now especially after joining ZIDISHA org. My monthly cost of sales is > Kshs 40,000.00. Total Monthly sells is > Kshs 80,000.00
Transport cost and other expenses: Kshs 10,000.000, Rent Kshs 2000.00
Total expenses Kshs 12,000.00.
My monthly net profit > Kshs 28,000.00
Loan Proposal
I intent to buy 5 more bails of clothes and 1bail of shoe wares to an existing stock.
This is after I have gain more customers in my shop as a result of my human resource skill in customer conduct which has made my customers gain faith in my clothing goods hence high demand of my products. Also funding from ZIDISHA is another important factor to my business expansion.
I need an amount of US$ 365 to purchase five bails of clothes and one bail of shoes as follows:
-5 bales of clothing at $60 per bale = $300
-1 bale of shoe wear at $65 per bale= $65
Total = $365
At the cost of $60 each, this will earn me $90 each when fully sold hence a profit of $30 each bail which give me a total profit of $150 . The bail of shoes cost $65 which when sold will earn me $95 giving me a profit of $30.This is a good additional profit to my business. I will ensure prompt repayment as I have been in my previous loans. I hope and believe that you will consider supporting me.
Thanks
Sincerely Mercy
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Loan Info
Project Type
Classic Loan
Disbursed amount
$365.00
Date disbursed
Jul 11, 2016
Repayment status
On Time
Projected term
17 months
Lenders
Amsterdam, Netherlands
Mountain Home, United States
Washington, DC, United States
Republic of Korea
Australia
Canada
Switzerland
Germany
United States
United States
United States
United States
United States
Canada
Italy
Germany
United States
Bonn, Germany
United States
United States
Germany
Switzerland
Australia
United States
United States
Syracuse, NY, United States
United States
New York, Ny, United States
Summary
Amount repaid
$383.26
Amount remaining
$0.00
Date repaid
Oct 18, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 18, 2016 | $19.16 | Aug 1, 2016 | $19.16 |
| Jul 25, 2016 | $0.00 | ||
| Aug 1, 2016 | $0.00 | ||
| Aug 8, 2016 | $8.07 | Aug 23, 2016 | $8.07 |
| Aug 15, 2016 | $8.07 | Aug 23, 2016 | $8.07 |
| Aug 22, 2016 | $8.07 | Aug 23, 2016 | $8.07 |
| Aug 29, 2016 | $8.07 | Aug 23, 2016 | $3.02 |
| Sep 1, 2016 | $5.04 | ||
| Sep 5, 2016 | $8.07 | Sep 1, 2016 | $5.04 |
| Oct 7, 2016 | $3.02 | ||
| Sep 12, 2016 | $8.07 | Oct 7, 2016 | $8.07 |
| Sep 19, 2016 | $8.07 | Oct 7, 2016 | $3.53 |
| Oct 14, 2016 | $4.54 | ||
| Sep 26, 2016 | $8.07 | Oct 14, 2016 | $5.55 |
| Oct 24, 2016 | $2.52 | ||
| Oct 3, 2016 | $8.07 | Oct 24, 2016 | $8.07 |
| Oct 10, 2016 | $1.51 | Oct 24, 2016 | $1.51 |
| Oct 17, 2016 | $0.00 | ||
| Oct 24, 2016 | $0.00 | ||
| Oct 31, 2016 | $5.04 | Nov 2, 2016 | $5.04 |
| Nov 7, 2016 | $5.04 | Nov 2, 2016 | $5.04 |
| Nov 14, 2016 | $5.04 | Nov 15, 2016 | $5.04 |
| Nov 21, 2016 | $5.04 | Nov 19, 2016 | $3.02 |
| Nov 22, 2016 | $2.02 | ||
| Nov 28, 2016 | $5.04 | Nov 22, 2016 | $2.82 |
| Dec 1, 2016 | $2.22 | ||
| Dec 5, 2016 | $5.04 | Dec 1, 2016 | $2.62 |
| Dec 5, 2016 | $2.42 | ||
| Dec 12, 2016 | $5.04 | Dec 5, 2016 | $0.40 |
| Dec 12, 2016 | $4.64 | ||
| Dec 19, 2016 | $5.04 | Dec 12, 2016 | $0.40 |
| Dec 19, 2016 | $4.64 | ||
| Dec 26, 2016 | $5.04 | Dec 19, 2016 | $0.40 |
| Dec 26, 2016 | $4.64 | ||
| Jan 2, 2017 | $5.04 | Dec 26, 2016 | $0.40 |
| Jan 2, 2017 | $4.64 | ||
| Jan 9, 2017 | $5.04 | Jan 2, 2017 | $0.40 |
| Jan 9, 2017 | $4.64 | ||
| Jan 16, 2017 | $5.04 | Jan 9, 2017 | $0.40 |
| Jan 16, 2017 | $4.64 | ||
| Jan 23, 2017 | $5.04 | Jan 16, 2017 | $0.40 |
| Jan 23, 2017 | $4.64 | ||
| Jan 30, 2017 | $5.04 | Jan 23, 2017 | $0.40 |
| Jan 30, 2017 | $4.64 | ||
| Feb 6, 2017 | $5.04 | Jan 30, 2017 | $0.40 |
| Feb 6, 2017 | $4.64 | ||
| Feb 13, 2017 | $5.04 | Feb 6, 2017 | $0.40 |
| Feb 15, 2017 | $4.64 | ||
| Feb 20, 2017 | $5.04 | Feb 20, 2017 | $5.04 |
| Feb 27, 2017 | $5.04 | Mar 1, 2017 | $5.04 |
| Mar 6, 2017 | $5.04 | Mar 7, 2017 | $5.04 |
| Mar 13, 2017 | $5.04 | Mar 7, 2017 | $0.05 |
| Mar 15, 2017 | $4.99 | ||
| Mar 20, 2017 | $5.04 | Mar 15, 2017 | $0.05 |
| Mar 22, 2017 | $4.99 | ||
| Mar 27, 2017 | $5.04 | Mar 22, 2017 | $0.05 |
| Apr 4, 2017 | $4.76 | ||
| Apr 12, 2017 | $0.23 | ||
| Apr 3, 2017 | $5.04 | Apr 12, 2017 | $5.04 |
| Apr 10, 2017 | $5.04 | Apr 12, 2017 | $1.06 |
| Apr 26, 2017 | $3.98 | ||
| Apr 17, 2017 | $5.04 | Apr 26, 2017 | $5.04 |
| Apr 24, 2017 | $5.04 | Apr 26, 2017 | $0.96 |
| May 4, 2017 | $4.08 | ||
| May 1, 2017 | $5.04 | May 4, 2017 | $5.04 |
| May 8, 2017 | $5.04 | May 4, 2017 | $5.04 |
| May 15, 2017 | $5.04 | May 4, 2017 | $0.45 |
| May 8, 2017 | $4.59 | ||
| May 22, 2017 | $5.04 | May 8, 2017 | $5.04 |
| May 29, 2017 | $5.04 | May 8, 2017 | $0.45 |
| Jun 11, 2017 | $4.59 | ||
| Jun 5, 2017 | $5.04 | Jun 11, 2017 | $5.04 |
| Jun 12, 2017 | $5.04 | Jun 11, 2017 | $5.04 |
| Jun 19, 2017 | $5.04 | Jun 11, 2017 | $5.04 |
| Jun 26, 2017 | $5.04 | Jun 11, 2017 | $4.49 |
| Jul 14, 2017 | $0.55 | ||
| Jul 3, 2017 | $5.04 | Jul 14, 2017 | $5.04 |
| Jul 10, 2017 | $5.04 | Jul 14, 2017 | $4.99 |
| Jul 21, 2017 | $0.05 | ||
| Jul 17, 2017 | $5.04 | Jul 21, 2017 | $5.04 |
| Jul 24, 2017 | $5.04 | Jul 21, 2017 | $2.97 |
| Aug 3, 2017 | $2.07 | ||
| Jul 31, 2017 | $5.04 | Aug 3, 2017 | $5.04 |
| Aug 7, 2017 | $5.04 | Aug 3, 2017 | $2.67 |
| Aug 13, 2017 | $2.37 | ||
| Aug 14, 2017 | $5.04 | Aug 13, 2017 | $2.67 |
| Aug 30, 2017 | $2.37 | ||
| Aug 21, 2017 | $5.04 | Aug 30, 2017 | $2.92 |
| Sep 13, 2017 | $2.12 | ||
| Aug 28, 2017 | $5.04 | Sep 13, 2017 | $5.04 |
| Sep 4, 2017 | $5.04 | Sep 13, 2017 | $0.91 |
| Sep 20, 2017 | $4.13 | ||
| Sep 11, 2017 | $5.04 | Sep 20, 2017 | $3.23 |
| Oct 12, 2017 | $1.81 | ||
| Sep 18, 2017 | $5.04 | Oct 12, 2017 | $5.04 |
| Sep 25, 2017 | $5.04 | Oct 12, 2017 | $3.00 |
| Oct 18, 2017 | $2.04 | ||
| Oct 2, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Oct 9, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Oct 16, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Oct 23, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Oct 30, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Nov 6, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Nov 13, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Nov 20, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Nov 27, 2017 | $5.04 | Oct 18, 2017 | $5.04 |
| Dec 4, 2017 | $2.62 | Oct 18, 2017 | $2.62 |
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