Home office expansion for our freelance accounting service

Mercy Muthoni

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mercy Muthoni

Member since

September 2014

On-time repayments

418 installments  •  82%

About Me

Hello Lenders!

My Names are Mercy Muthoni, I am 27 years old, married with two children.I am a Business Administrator by profession. I worked as an Administrator for a few years and then decided to Join my Husband and help him run his online business.

After graduating from college, I wanted to be a Gospel Musician but my husband could not afford production fee charged by the leading music labels in Kenya.So, I decided to look for a job and shelved the dream of becoming a musician.I worked for a few years and then my husband asked me to resign from the Job and assist him in his online business which had started growing gradually.Today we are great partners and the business is running smoothly.

In future, I want to revive my Music career and record the songs I had already written.I also aspire to spend my free time as a volleyball coach in a local club as I am good at the game.

Thanks
Mercy

My Business

My Husband and I are partners in a business that we run online through Upwork marketplace platform.We offer Accounting and Research services,he heads the Accounting section and myself the Research section of the business.Since we started the business It has grown strength to strength and now we are servicing a long-term client base of about ten.Ranging from corporate to individuals from Europe,Australia,Canada and United States.

Through zidisha loans we plan to expand the business and create Jobs for the youths here in Kenya.

Loan Proposal

Hello Lenders,

I would like to thank you for the support accorded to our business. We used the proceeds of the previous loan to acquire a laptop and the work experience has greatly improved. The processing speed of the laptop has improved internet connectivity and we are able to service our clients better.

We now require another loan to shift our home business to a more spacious room. Current our home office is squeezed at a corner of our living room and sometimes we are not able to work effectively when we have visitors. We share office furniture and thus not able to work simultaneously. If we move to a more spacious house, it will be easy for us to add extra furniture and stop work in shifts in order to boost our monthly revenue further.

The cost of expansion is as follows:
Rent and deposit $400.00
Furniture $245.00
Total $645.00

A loan of $645.00 would be a great boost to our business. The balance will come from our savings from business profits. As always we promise to make our payments in time and regularly communicate on the progress of the business.

Regards
Mercy Muthoni

Feedback

4

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  • Wendy Emlyn    Jun 23, 2017

    mercy has fully repaid her loan, with regular small payments to start with, then some large ones at the end

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$429.00

Date disbursed

Jun 2, 2015

Repayment status

On Time

Projected term

5 months

Lenders

ErikN

Stockholm, Sweden

G

guenter

Bremen, Germany

mtnsailor

Harrisonburg, United States

M

marcelitohb

Bremen, Germany

fairspirit

Utrecht, Netherlands

camilberlin

Berlin, Germany

F

flaguy999

Tampa, United States

mepster

San Francisco, Ca, United States

SuperMario28

Cudahy, United States

S

Stephan

Netherlands

CC

Catherine CatDesignz

Halifax, United Kingdom

MW

Matt Willis

United States

PC

Patrick Clavette

Hartford, Wisconsin, United States

JD

Jeff DePree

United States

T

Trish

United States

Ask Mercy a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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