Mercyline

Kilifi, Kenya

9% repaid

Entrepreneur

Name

Mercyline

Member since

September 2012

On-time repayments

78 installments  •  4%

About Me

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

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$239.00

Date disbursed

Nov 21, 2012

Repayment status

Late

Projected term

79 months

Lenders

C

CWS

Huntington beach, ca, United States

P

pewatz

Tuebingen, Germany

ElephantCastle

Berlin, Germany

Alessandro

Verona, Italy

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

GV1986

Milano, Italy

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