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 3 more bails of clothes 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.
I need an amount of US$ 181 to purchase three bails of clothes at the cost of $60 each This will earn me $90 each when fully sold hence a profit of $30 each bail. This is a good additional profit to my business. I will ensure prompt repayment of the loan when given. 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
$181.00
Date disbursed
Jan 2, 2016
Repayment status
On Time
Projected term
5 months
Lenders
Munich, Germany
United States
Summary
Amount repaid
$190.26
Amount remaining
$0.00
Date repaid
Jun 23, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 11, 2016 | $20.00 | Jan 12, 2016 | $20.00 |
| Jan 18, 2016 | $19.78 | Jan 19, 2016 | $19.78 |
| Jan 25, 2016 | $0.00 | ||
| Feb 1, 2016 | $0.00 | ||
| Feb 8, 2016 | $0.00 | ||
| Feb 15, 2016 | $7.50 | Feb 15, 2016 | $7.50 |
| Feb 22, 2016 | $7.50 | Feb 15, 2016 | $0.50 |
| Feb 24, 2016 | $7.00 | ||
| Feb 29, 2016 | $7.50 | Feb 24, 2016 | $1.00 |
| Mar 1, 2016 | $6.50 | ||
| Mar 7, 2016 | $7.50 | Mar 1, 2016 | $1.50 |
| Mar 8, 2016 | $6.00 | ||
| Mar 14, 2016 | $7.50 | Mar 8, 2016 | $3.00 |
| Mar 14, 2016 | $4.50 | ||
| Mar 21, 2016 | $7.50 | Mar 14, 2016 | $5.00 |
| Mar 22, 2016 | $2.50 | ||
| Mar 28, 2016 | $7.50 | Mar 30, 2016 | $7.50 |
| Apr 4, 2016 | $7.50 | Mar 30, 2016 | $0.20 |
| Apr 7, 2016 | $7.30 | ||
| Apr 11, 2016 | $7.50 | Apr 7, 2016 | $0.70 |
| Apr 14, 2016 | $6.80 | ||
| Apr 18, 2016 | $7.50 | Apr 14, 2016 | $1.20 |
| Apr 23, 2016 | $6.30 | ||
| Apr 25, 2016 | $7.50 | Apr 23, 2016 | $1.70 |
| May 3, 2016 | $5.80 | ||
| May 2, 2016 | $7.50 | May 3, 2016 | $3.70 |
| May 8, 2016 | $3.80 | ||
| May 9, 2016 | $7.50 | May 8, 2016 | $5.90 |
| May 24, 2016 | $1.60 | ||
| May 16, 2016 | $7.50 | May 24, 2016 | $7.50 |
| May 23, 2016 | $7.50 | May 24, 2016 | $5.40 |
| Jun 6, 2016 | $2.10 | ||
| May 30, 2016 | $7.50 | Jun 6, 2016 | $7.50 |
| Jun 6, 2016 | $7.50 | Jun 6, 2016 | $2.80 |
| Jun 9, 2016 | $4.70 | ||
| Jun 13, 2016 | $7.50 | Jun 9, 2016 | $7.50 |
| Jun 20, 2016 | $7.50 | Jun 9, 2016 | $1.80 |
| Jun 22, 2016 | $5.70 | ||
| Jun 27, 2016 | $7.98 | Jun 23, 2016 | $7.98 |
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