Cybercafe ownership

Mercy

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

November 2016

On-time repayments

21 installments  •  38%

About Me

Ever stayed in an orphanage ever since I was 3 years old as I lost my parents when I was 2 and a half years old.I am too lucky that well wishers took me too school until I finished my university education.When I was in university,it was not easy to approach someone to send me pocket money whenever I became broke but immediately I started cybercafe business after I was funded by Equity bank's CEO who was one of my father's best friend.I come from a land where people burn charcoal and I love swimming ever since I was a kid

My Business

I own a cybercafe which is in eldoret town and I do printing and also photocopy services.There are so many universities around me and therefore most of the students come to me to photocopy their work and also to print.I inherited my dad's printer Iong time ago and that is what made me to start this business as it costed me less cash to buy other equipments.At the time of closing my work each day,I find my self to have spend around $18 and then made a profit of $55.Usually,I use the profits I get to pay my landlord and also buy my kids clothes and food.

Loan Proposal

I have been running short of printing ink and I am planning to buy a good stock once I get my first time loan.This will help me maintain my customers and therefore profits might increase by $15 each day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

Nov 16, 2016

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

C P

Mazatlan, Mexico

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  • Mercy    Feb 1, 2017

    Ever since december last year when i bought a good stock of printing ink, my business has been so profitable hence i think of adding another hp computer to my business as i have also been receiving alot of customers. This might cause a monthly profit increase of around $70-$100.I am so greatfull to receive my second loan and i take this chance to thank you lenders so much

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  • Mercy    Jan 30, 2017

    I am so great full that i am running a very profitable business ever since i bought the printing ink for my business hence i take this opportunity to thank you lenders so much and my God help you.

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  • Mercy    Dec 11, 2016

    I bought printing inks using my first loan hence that helped me maintain my customers but since most of my customers were students and they are now in a long holiday my profits have reduced by a great percentage hence i would like to reduce my installment amount

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  • Mercy    Nov 27, 2016

    I increased the stock of the printing ink in my shop and now I am doing a profitable business.I therefore need to increase my installment amount so that I can finish repaying on time

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  • C P    Nov 15, 2016

    I wish you much success!

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  • Mercy    Nov 14, 2016

    I have been running short of printing ink and I am planning to buy a good stock once I get my first time loan.This will help me maintain my customers.Thanks so much lenders and may God help you

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