Help me buy mortar for my bakery oven

Mercy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

April 2015

On-time repayments

191 installments  •  47%

About Me

My names are mercy Ndwiga,I was born in Embu county,in manyatta division,kibogo village.
I started my education at kibogo primary school and attained a B plain,then I joined ngoviu secondary school and attained a C+,then I stayed for 3 years just helping my parents at home because there was no money for me to continue to college ,then I decided to go to the city with my cousin who by then was working in a company,I got a job earning 3000 less per month,while working I got married to my husband of whom we were working together,We were blessed with 2 beautiful daughters.
During this time life became so difficult because stopped working to take care of my children and my husband was earning little money which will not cater for our needs as a family,therefore I decided to start a small business of selling cakes near the road where I was staying,I continued step by step until I got some money to buy small machines to make cakes and sell up to date,I use my profit to improve my bakery and do so investment at home.

My Business

As I have mentioned above things were not going well when I got married,also due to low income that we were getting was very low,this is the time I decided that I rather do something to to help my husband to generate some more income to push us forward,I started buying some cakes from kayole wholesale and selling them in donholm,I did this for 6 years until I got I shop in donholm phase 8 where I was selling from,My husband gave my some to buy a small machine to start making cakes in my shop and selling them to my customers at a wholesale price,one day I was introduced to zidisha with my friend then I started expanding my bakery which right now is a big bakery situated in Nairobi city near kayole junction up to date.

Loan Proposal

Dear lenders,
As already mentioned above, my business is well established, it has been in existence for a while almost 4 years now. This gives me pride that I will be able to repay my Loan well on time to enable me apply for another one for quick expansion of my business.
Its therefore imperative that once I receive this money, I will purchase the mortar for my high density Oven so that it can enhance production in the bakery. This will help me higher one employee who will help me supervise the production of the bread section which is the highest income generator.
Profits are also expected to double to a higher percentage of 60%.This will greatly change my live and that of my family.
Kindly help me achieve this goal.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 4, 2015

Repayment status

On Time

Projected term

2 months

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

DeanDropshot

Oslo, Norway

M

m_dennis

Toronto, Canada

M

mason243

Denver Colorado, United States

beverly

Vancouver, Canada

ads68

Melbourne, Australia

Muslim

Riyadh, Saudi Arabia

Zal0m0n

Atlantis!!!! x), Mauritania

Evan Lamos

Brussels, Belgium

Matching Fund

Sterling, United States

Gab

Singapore

TM

Theo Mbise

Switzerland

Anna Hoad

Toronto, Canada

MA

Michael Arons

United States

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Summary

Amount repaid

$105.11

Amount remaining

$0.00

Date repaid

Jul 19, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 17, 2015 $10.51 May 17, 2015 $10.51
May 24, 2015 $10.51 May 24, 2015 $10.51
May 31, 2015 $10.51 May 31, 2015 $10.51
Jun 7, 2015 $10.51 Jun 7, 2015 $10.51
Jun 14, 2015 $10.51 Jun 14, 2015 $10.51
Jun 21, 2015 $10.51 Jun 22, 2015 $10.51
Jun 28, 2015 $10.51 Jun 28, 2015 $10.51
Jul 5, 2015 $10.51 Jul 5, 2015 $10.51
Jul 12, 2015 $10.51 Jul 12, 2015 $10.51
Jul 19, 2015 $10.51 Jul 19, 2015 $10.51

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