Mertina
Musingu, Kenya
0% repaid
Name
Mertina
Member since
August 2015
On-time repayments
6 installments • 0%
I am the third born child in a family of six children. my father passed on while I was only 10years old and was raised by my mother who is a nurse. I grew up with my brothers and sisters. We always went to church and loved one another. Incase one of us did a mistake ,we could ask him/her not to repeat. I went to Hill school and later joined Mukumu girls , I am currently pursuing.
My mum fell ill when I was just about to join college and her sickness drained our family finances so i could not afford to join college. Being the chair-lady of Uzalendo youth group , I advised my members to start table banking. we could save $2 every week per member. After three months we had $3000 in savings.we used the money to to lend members who had business ideas, I took the opportunity too and borrowed $130 that I used to start selling electronics eg cheap mobile phones.The business did not pick up well and one month later I switched to cheap solar lighting equipment. I stocked solar lamps ,and mobile phone solar chargers and the goods were fast moving due to huge demand,.I have completed paying my loan and I am now focused on business expansion.
Majority of the households in my area live below poverty line and the housing conditions are very poor. I take these opportunity to empower the community through cheap lighting. the can then use the money they were using on lighting to buy food and other necessities.
I am very social and outing lady, I love meeting new people, planting trees ,singing and dancing. I am also always eager to listen to what other people say and learn new things.
I am a small entrepreneur with focus on clean energy. I sale solar lighting equipment to my clients and supply them in rural areas where they are needed most.
The demand for these goods are high because its cheap and more convenient as compared to other sources of energy.
I choose these business because it is profitable,the goods are fast moving and also it gives the society cheap clean energy hence helps to reduce diseases and improves savings.
My typical costs per month are $300 and my typical revenues per month are $500. I use the revenues to pay fees for my siblings and reinvestment in the business.
I am writing requesting for a loan of $150 hopeful that you are fine and in good health. I would use the loan to buy more solar lamps that I would resale cheaply to my community members.
The loan would help me expand my business and reach more people with my products . I would really appreciate your bids .Thank you and say hey to your family.
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 2, 2015
Repayment status
Late
Projected term
6 weeks
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