Second-hand clothing sales

Mercy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

February 2014

On-time repayments

30 installments  •  70%

About Me

Am a mother of one, a born again christian who loves making friends and helping the needy, i live with my immediate family. A full time employee with a privately owned company in the oil sector. I love to socialize and i have a passion for business, i hope to one day be a successful business woman employing at least 10 people. I do several small small businesses on the side including buying and reselling of second hand clothes/ ladies wallets in the offices where i work. I have a diploma in the field of my work and also training in hair dressing.

My Business

My main income source is the pay i receive from my employer , its not currently enough to cater for my needs and those of my family and that lend me to taking up a course in hair dressing and so i also work part time as a hair dresser, so i combine my 2 incomes to make ends meet. I love doing what i do and i plan to set up a bigger hair and beauty salon in the course of the year. I also earn quite some good money from the second hand business i do even though i don't do it regular. Am also planning on how i can expand on that business as i have seen that there is market.

Loan Proposal

I will use the money $98.6958 to increase my stock of second hand clothes so that am able to supply my customers on time without fail. The profits i make from the sale will go a long way in helping cater for some of the household needs . I will also use the funds to grow my business and eventual y be able to open a shop where i can now stock a variety of clothes eg: for men ,women wear and kids both clothes and shoes.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 24, 2014

Repayment status

On Time

Projected term

7 months

Lenders

Hope2012

United Kingdom

J

jjcharlie

chicago, United States

calvero

Bergen, Norway

Treesforpeople

Oxfordshire, United Kingdom

E

Escalada

Bakersfield, CA, United States

K

Kendah72

United States

J

JacobvdW

Netherlands

Paul Buchheit

Mountain View, United States

W

whlaing

United States

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  • Mercy    Aug 13, 2014

    Dear lenders,
    My sincere apologies for the delays in repaying the loan. Am currently going through a rough patch financially and that is why i have not been able to pay on time as i intended.However am working on a way out and soon i will be able to repay in full. Kindly allow me to change the repayment schedule for now.

    Thank you.

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  • Joyce    Aug 13, 2014

    Dear lenders,
    Today I talked with Mercy and she's doing her best to catch up with the arrears.
    Please bear with her she's currently having some challenges but she's on the path to recovery.
    Mercy is a very diligent lady and I'm sure she's catching soonest.

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    • Mercy    Aug 13, 2014

      Yes Joyce, am really trying my best to sort out things so that i can repay everything.
      Please lenders bare with me for now.

      Thanks

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  • Mercy    Jul 30, 2014

    Hello lenders,

    First i want to apologize for the delays in repaying my loan, i promise i will catch up and pay everything. I am going through a very rough patch currently and that's the reason i have defaulted so much in repaying, however am working on something and i hope to come back soon. Kindly bare with me for now.

    I thank you all so much for your kindness and generosity. God bless!

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  • Joyce    Jul 9, 2014

    Thanks Mercy for making some payment on 1st of July! I'm sure you are doing your best to catch up with the arrears.

    I however wish you the best in your business!

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  • Joyce    Jun 28, 2014

    Hello Lenders; I talked with Mercy today and she's indeed so grateful for this loan since it has seen her business growth!

    She's had a few challenges for the past few weeks but she's recovering well and she's planning to catch up with the arrears in the coming week.

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  • Mercy    May 8, 2014

    Hello Zidisha Lenders,
    Thank you so much for the loan. I was able to buy more stock and the business is picking, thank you zidisha for changing lives! God bless you all.

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