Mercy
Mtwapa, Kenya
$0 to go
100% funded of $100 goal
0
days left
Entrepreneur
Name
Mercy
Member since
April 2013
On-time repayments
11 installments • 0%
About Me
Am a single mother of one bouncing baby boy aged twelve years old and in class six in a nearby school. Am a resident of mtwapa and a businesswoman here in mtwapa as well. Am a hotelian by profession, having been in the hotel industry for five years now. I also work as a recieptionist in a beach hotel.I started doing business because i wanted to be financially stable. As a single mother i have all responsiblity of my family care, which with only my salary its not possible. With the earnings i get from the business i buy food for my family, pay rent and other family needs.
My Business
I have a food and beverage business situated here in mtwapa. This business is doing well and the fact that i have been in this industry for a long time, i have all it takes to make sure that this business is a success. My restaurant is situated in the heart of mtwapa where its the best business location here. In my resataurant i serve breakfast, lunch and dinner to my customers. I also have outside catering services here where i serve break fast and lunch to schools and a nearby hospital, i also serve breakfast and lunch to the nearby shops. Despite being a good business i also have risks here, like, insecurity, this is a challenge that really affects the operations of many businesses here in mtwapa. In a month i make an income of ksh 45,000 after expenses. From this income i use ksh 17,000 paying my two assistants who are really a good help to me, ksh 5,000 for my family food; ksh 3,500 paying my house rent, ksh 2,000 paying for school fees, ksh 5,000 i send to my parents back at the village.So i save ksh12,500 per month. With this i can use to repay my loan.
Loan Proposal
Hello, zidisha am so glad that my profile has been aproved and am now eligible topost aloan application. I would like to take this chance to thank the entire zidisha team for the hard work and devortion towards improving our businesses and at the same time lifying our lives, God bless you. I will use this loan to improve the services that i provide to my customers by buying stock and ensuring that my customers get the best food that they require.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Sep 11, 2013
Repayment status
Late
Projected term
11 months
Lenders
Yau Yat Chuen, Hong Kong
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