Mercy
Mtwapa, Kenya
$0 to go
100% funded of $473 goal
0
days left
Entrepreneur
Name
Mercy
Member since
December 2012
On-time repayments
11 installments • 0%
About Me
my names are mercy kadzomba mwatsa. am married and i live in mtwapa mombasa kenya . am blessed with four children three are girls and one is a boy. the fist born is a girl and her name is called Josephine she finished secondary school this year. the second born she is a girl she is called Jacklin she is going to form one next year. the third one she is called Emilly and she is will be in class six next year.the fourth one he is called Elias he is ten years old and he will be in class four early next year. my occupation is a local restaurant here in mntwapa at Golden keys school. my education background is class eight of kenya primary school. after finishing my primary final examination i got a better marks that was allows me to go on with further education but because of my family financial status which is poor then i could not able to proceed on with my studies. then after some years i got married and after that i decided to start business because i wanted to meet my needs and educating my family so that they can get proper education for their future.
My Business
my business is restaurant. i run a local restaurant here in mtwapa mikanjuni opposite golden key school. i cook and sell chapati, fried beans. mchicha cabage sukuma wiki .beef, donuts cooked green peas. fish sim sim fish ugali rice kitheri muthokoi and many more there demand is very high here because where my business is is just next to Golden key school and it is also surrounded by the people and its also on the old mombasa malindi road so this place is ever busy and due of this am selling a lot that is why the demand is very high my clients prefer buying food from me because i cook very Delicious foods and my prices is very fair and reasonable to all.this business is profitable because after selling all my foods i do remain with enough money at the end of the day as my profit the risks of this business is not very big because most of the time and cook my foods according to the number of my clients that i have so by doing this am sure of the foods to get finished on time and due of this i don't have any bad challenges that i can consider it as a risk into my business. my typical monthly cost is ksh 10,000 and my monthly sales revenues is jsh 25,000. this is therefore makes me go into a monthly profit of ksh 15,000 monthly.
Loan Proposal
Hello, thank you so much for approving my loan application. As a businesswoman i want t see the satisfaction of my customers. So with this loan i want to add more stock of wheat flour, cooking oil, maize flour, and i want to start a green grocer. this will enable me to to do my business effectively .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$473.00
Date disbursed
Feb 7, 2013
Repayment status
Late
Projected term
12 months
Lenders
TX, United States
Stamford, USA, United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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