Entrepreneur
Name
Mercy
Member since
January 2014
On-time repayments
273 installments • 14%
About Me
Am a married woman to a military man working with Kenyan Defence Force. I live in Lanet Nakuru County; lanet is located eight kilometers outskirts of Nakuru town. Am graduate teacher from Moi University in Eldoret, I pursued bachelor of Education in mathematics and economics.currently am working at shiner’s girls high school Nakuru, as mathematics teachervisible from Nairobi/Nakuru highway. I have two year old child. I attend African Inland Churches of Kenya, located in Lanet near. I participate in Community building in the area such as tree planting, assisting the needy and encouraging programmes for the girl child. Being a business woman has been my career choice, it has benefited me so much; I have been able to buy a piece of land in lanet from my business returns
My Business
I have been operating a cereal shop for the last five years. I started these type of business because of ever increasing demand of maize, beans, sorghum, millet green grams rice and many others. Nakuru has a very high population which gives me a very effective demand. I chose the products due to its great availability. In the area I do not have high competition and the existing competitors I have an advantage over them, I buy my cereals during harvesting when the price is very low, dry them properly to maintain high quality and treat them with pesticides to avoid piercing by weevils. I sell my products at a very friendly price which keeps on attracting more and more customers. My business does not face any risks because these products are the staple food for the whole community. In a month I incur approximately kes 150,000 inclusive of costs of buying the cereals, labour cost, rent and other miscellaneous expenses; from the cost of sales I am able to make amonthly revenue of kes 240,000 with a profit margin of kes 80,000
Loan Proposal
thank you for extending me more credit to fund my business, I will use my loan as an additional loan to purchase more stock of cereals especially during these April holiday where I do enjoy a very high and effective demand. my business is dong very well, I recently I was given a tender to be supplying maize and beans every Saturday.
Feedback
Positive
None
Neutral
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Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$173.00
Date disbursed
Apr 9, 2014
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Østre Gausdal, Norway
Canada
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Summary
Amount repaid
$184.24
Amount remaining
$0.00
Date repaid
Dec 5, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 19, 2014 | $3.41 | Apr 19, 2014 | $3.41 |
| Apr 26, 2014 | $3.41 | Apr 19, 2014 | $0.71 |
| Apr 27, 2014 | $2.71 | ||
| May 3, 2014 | $3.41 | Apr 27, 2014 | $0.12 |
| May 3, 2014 | $3.29 | ||
| May 10, 2014 | $3.41 | May 3, 2014 | $0.18 |
| May 10, 2014 | $3.24 | ||
| May 17, 2014 | $3.41 | May 10, 2014 | $0.29 |
| May 17, 2014 | $3.12 | ||
| May 24, 2014 | $3.41 | May 17, 2014 | $0.18 |
| May 25, 2014 | $1.33 | ||
| May 31, 2014 | $1.91 | ||
| May 31, 2014 | $3.41 | May 31, 2014 | $1.62 |
| Jun 6, 2014 | $1.79 | ||
| Jun 7, 2014 | $3.41 | Jun 6, 2014 | $3.41 |
| Jun 14, 2014 | $3.41 | Jun 6, 2014 | $0.21 |
| Jun 13, 2014 | $3.20 | ||
| Jun 21, 2014 | $3.41 | Jun 13, 2014 | $0.33 |
| Jun 21, 2014 | $3.08 | ||
| Jun 28, 2014 | $3.41 | Jun 21, 2014 | $0.45 |
| Jul 1, 2014 | $2.96 | ||
| Jul 5, 2014 | $3.41 | Jul 1, 2014 | $0.80 |
| Jul 5, 2014 | $2.61 | ||
| Jul 12, 2014 | $3.41 | Jul 5, 2014 | $1.39 |
| Jul 17, 2014 | $2.02 | ||
| Jul 19, 2014 | $3.41 | Jul 17, 2014 | $0.33 |
| Jul 18, 2014 | $3.08 | ||
| Jul 26, 2014 | $3.41 | Jul 18, 2014 | $0.09 |
| Aug 2, 2014 | $3.32 | ||
| Aug 2, 2014 | $3.41 | Aug 2, 2014 | $2.31 |
| Aug 14, 2014 | $1.11 | ||
| Aug 9, 2014 | $3.41 | Aug 14, 2014 | $3.41 |
| Aug 16, 2014 | $3.41 | Aug 14, 2014 | $0.42 |
| Aug 29, 2014 | $2.99 | ||
| Aug 23, 2014 | $3.41 | Aug 29, 2014 | $3.41 |
| Aug 30, 2014 | $3.41 | Aug 29, 2014 | $3.13 |
| Sep 10, 2014 | $0.28 | ||
| Sep 6, 2014 | $3.41 | Sep 10, 2014 | $3.25 |
| Oct 28, 2014 | $0.16 | ||
| Sep 13, 2014 | $3.41 | Oct 28, 2014 | $3.36 |
| Nov 2, 2014 | $0.05 | ||
| Sep 20, 2014 | $3.41 | Nov 2, 2014 | $3.41 |
| Sep 27, 2014 | $3.41 | Nov 2, 2014 | $3.41 |
| Oct 4, 2014 | $3.41 | Nov 2, 2014 | $3.41 |
| Oct 11, 2014 | $3.41 | Nov 2, 2014 | $1.48 |
| Nov 8, 2014 | $1.93 | ||
| Oct 18, 2014 | $3.41 | Nov 8, 2014 | $3.36 |
| Dec 3, 2014 | $0.05 | ||
| Oct 25, 2014 | $3.41 | Dec 3, 2014 | $3.41 |
| Nov 1, 2014 | $3.41 | Dec 3, 2014 | $3.41 |
| Nov 8, 2014 | $3.41 | Dec 3, 2014 | $3.41 |
| Nov 15, 2014 | $3.41 | Dec 3, 2014 | $3.41 |
| Nov 22, 2014 | $3.41 | Dec 3, 2014 | $3.36 |
| Dec 4, 2014 | $0.05 | ||
| Nov 29, 2014 | $3.41 | Dec 4, 2014 | $3.41 |
| Dec 6, 2014 | $3.41 | Dec 4, 2014 | $3.41 |
| Dec 13, 2014 | $3.41 | Dec 4, 2014 | $3.41 |
| Dec 20, 2014 | $3.41 | Dec 4, 2014 | $3.41 |
| Dec 27, 2014 | $3.41 | Dec 4, 2014 | $2.78 |
| Dec 5, 2014 | $0.64 | ||
| Jan 3, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Jan 10, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Jan 17, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Jan 24, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Jan 31, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Feb 7, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Feb 14, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Feb 21, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Feb 28, 2015 | $3.41 | Dec 5, 2014 | $1.48 |
| Dec 5, 2014 | $1.93 | ||
| Mar 7, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Mar 14, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Mar 21, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Mar 28, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Apr 4, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Apr 11, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Apr 18, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
| Apr 25, 2015 | $3.41 | Dec 5, 2014 | $3.41 |
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