Mercy

Nairobi-i Mara Daima, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

July 2013

On-time repayments

166 installments  •  5%

About Me

I am a single mother. Am blessed with a daughter called jebet whom we just settled after his dad passed a way early last year.
I am located in Imara Daima. Its about 3km from the stage.
You alight at Imara Daima and ask for Panari house which in the opposite o the road and the right is a total petrol station.
I live in Panari house which is a 5 storey building and I live in 4th floor and room no is 06.I possess a degree in business administration and currently I am employed at SPERD-NGO at Nairobi head quarters.
With the earnings I derive I have upgraded my business and you see now I have employed an extra two employees who really ensure my business runs smoothly especially now that I am employed.
Too I have a daughter who is yet to join school and for these I could not only rely on my current salary as far as my house girl is concerned too.
I will ensure that my business grows day by day in order to make my future simple .

My Business

My business is grocery. I provide special cakes of different kinds, birthday cakes, pan cakes, and recently we just started preparing wedding cakes after we got orders of the same.
From my resident it is only my grocery that is serving the whole area and we get so many orders who buy in quantities of wholesale and later sell them at there shops at higher rate.
My business is profitable as I normally make large quantities of sales at the end of the day. Normally we experience lack of stocks at time like sugar, floor etc which hinders our day today running of the business.
My monthly costs ranges from ksh.25000 to ksh.35000 and my daily sales goes up to ksh.5000 per day we make sales over ksh.100000 and my net profits ranges from ksh.40000 to ksh,50000 considering I have two ladies working for me and a gentleman. And there at home I also have a house girl and my daughter who depend on me.
I look forward to being accorded the loan to help me boost my business.
.

Loan Proposal

Firstly,i would like to thank all the ZIDISHA staff for for there great assistance they have accorded me.
The loan will now be used to increase my stock since i have gotten good orders which i will later sell them at higher rate.my business has been doing well and i have great opes that theses loan will uplift me to a greater level
The goods will be sold at a good prices to retailers as well as whole-sellers and later i will pay my loan promptly
Thanks.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 19, 2013

Repayment status

On Time

Projected term

81 months

Other loans

Lenders

investor

Candiac, Canada

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