Name
Mercyline
Member since
September 2012
On-time repayments
78 installments • 4%
My full name is Mercy Uchi Nyinge born in a family of five,living in Chonyi division in Kilifi County, currently am self employed.I started my business immediately after my O level education in the year 2007. I started my business to keep myself busy awaiting to join College. My business deals with selling of coastal materials i.e Kangas, located at Chasimba town.
My business mainly deals with sell of coastal materials like kangas ,kikoi and others. I started it back in 2007 when i completed my O level education. There is high demand of my products because they are mainly used during various functions like wedding parties, burial ceremonies and it enjoys monopoly in the area. The materials cheaply obtained in and durably.There is no much risk the business faces as the materials dealt with are durable.Monthly revenues:30,000 Kes. Monthly cost:15,000 Kes, Monthly profit: 15,000 kes.
if i am privileged to get zidisha loan .i will use 50% of it to increase my clothing stock, this will improve my sales considering that this is the Christmas season and its the peak season for my products.also this Dec/=ember holidays also sees most residents having their parties hence also improves the sales . The rest of the amount i will buy a sewing machine as i lent how to make dresses.this will bring a new image to my business because it will be a new service to the business and many people have inquired for the same.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$239.00
Date disbursed
Nov 21, 2012
Repayment status
Late
Projected term
79 months
Ask Mercyline a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.