Increase my business stock

Mercy

Eldoret- Kamukunji Estate, Kenya

100% repaid

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Entrepreneur

Name

Mercy

Member since

December 2014

On-time repayments

139 installments  •  37%

About Me

M names are Mercy Chekorir Kiptogoch ,I was born in Nakuru District in a place called Solai.I was brought u in a family of six Siblings being the third born.I joined nursery school in the ear 1990 where b I completed my primary school in the ear 1998.Later on I joined Maji Mazuri Girls High School by the ear 1999 to 2003.By the year 2004 I decided to venture into business where by I decided to run a shop in which I started saving some little amount of money until I could pay m college fee.I managed to take a course by the name social work in African Institute between 2010-2012 .I managed to score a mini score of credit. I am NOT married yet

My Business

I started business after finishing my school ,the name of my business is called JUNCTION SHOP which is located in Kamukunji ,a slum estate .The stocks I do sell are house hold goods both consumables and non consumables this includes food stuffs, human, small boutique,I also have M-Pesa services within the shop. the business is worth kshs 120,000, and approximately makes a gross profit of kshs 35000 (403 US Dollars) or income before these expenses. Nett profit usually fluctuates between ksh.12000 to ksh.18000 (US Dollars 130 to 210).I normally use the profits from my business as follows :40% to support family up keep ,10% to support my local church,30% I put back in business stock,20% savings.
The challenge I have in these business is lack of enough capital to stock ,while the strength I have is I have no competitors to my business.

Loan Proposal

Thanks zidisha lenders again for the second opportunity to get loan from you .I would like to propose that give funding I will use the entire loan the 200 us dollars to buy inventory for my shop and I believe that the move will increase my sales and enable me make more profits and repay early.
Thanks in advance I look forward o your support.Be blessed.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$197.00

Date disbursed

Feb 16, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Dec 2014:  $100

Mar 2015:  $272

Lenders

P

Philippe

Adliswil, Switzerland

T

tloureiro

Pfungstadt, Germany

Zidisha

Sterling, United States

BJ

Brandon Joz

North Carolina, United States

F

fisaire

Ithaca, United States

DLarson

Morris, United States

C

cravioli

geneva, Switzerland

Jouni

Finland

ads68

Melbourne, Australia

Shealady

Halifax, Nova Scotia, Canada

K

KnutG

Bergen, Norway

N

NordBeraht

Germany

T

thebonseung

Republic of Korea

Shemuel

New Jersey, United States

E

Elvis

India

Paul Buchheit

Mountain View, United States

D

davidj

Canada

T

TrademarkMan

United States

mepster

San Francisco, Ca, United States

Mikers

Netherlands

P

Prometheus

Duisburg, Germany

A

adamdreaming

United States

AP

Andrew Page

United Kingdom

KM

Kirsty M

United Kingdom

DG

Daniel Goldfarb

United States

MW

Matt Willis

United States

MB

Markus Bikker

Doha, Qatar

SB

Salvatore Baglieri

Germany

ES

Ed Sikorski

United States

Richard

Shrewsbury, United Kingdom

Humble Bundle Community

San Francisco, United States

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

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  • Mercy    Apr 25, 2015

    I would like to adjust the repayment amount to enable me pay conveniently the reason being sales have gone down a little ,but if if it goes up I promise to increase the amount.God bless you

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  • Mercy    Apr 2, 2015

    Dear Zidisha I have a complain about how my Credit limiter was varied at ,This is my third loan now ,
    Remember that you said and I printed it I have the copy with me that now onward anyone can make a payment up to 50% .
    But remember also that I only paid only 6000 ks as lam sum ,Does this make it more than 50% of what you posted?.
    Please help me and increase my limit .Because I expected 36000Ks plus bonus of 7000Ks which total to 43000Ks.
    This has really inconvenienced me and my plans.
    Thanks in advance for your concern.
    God bless Zidisha.

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  • Mercy    Mar 30, 2015

    God bless Zidisha because they have made me proud in our society ladies are considered non starters .Thanks a lot

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  • Mercy    Mar 30, 2015

    Thank you so much zidisha lenders for the second loan which I have just completed paying .It was really helpful to me in that I have increased my stock almost by 50%.
    Now I need the third loan to enlarge my store because there is no enough space for other commodities to be stocked.
    The rainy season is just about to begin therefore I need a large store to stock. enough commodities for my costumers
    Thank you so much for the good work you are doing to help small business people grow .
    Zidisha has made me proud.
    Yours mercy Chepkorir

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  • Mercy    Mar 10, 2015

    I TAKE THESE OPPORTUNITY TO THANK ALL LENDERS FOR THE LOAN THAT I TOOK IT ENABLED ME TO ADD INVENTORY TO MY RETAIL SHOP ,NOW I DONT SELL OUT OF STOCK,MY CUSTOMERS ARE HAPPY AND ALSO BUSINESS HAS INCREASED THAT IS WHY IAM ABLE TO REPAY EARLY AND HAVE ALSO INCREASED MY REPAYMENT AMOUNT.
    MAY GOD BLESS THE ZIDISHA COMMUNITY AND ALL LENDERS FOR THAT HELP TO HUMANITY

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  • Henry    Feb 27, 2015

    CONGRATULATION MERCY IN YOUR BUSINESS GOD WITH US AMEN, PLEASE SMS FOR ME YOUR NO . TO 0728090249, THAT IS MY NO , SO THAT WE TALK MORE, SIKU ELEWA PAHALI UNAISHI ATI SOLAY , UPAND YA NAKURU AMA ELDORET. PLEASE LET ME KNOW.

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  • Mercy    Feb 24, 2015

    due to the loan that I received MY business has increase suddenly and I believe it is better I pay back before time.

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  • Shealady    Feb 11, 2015

    Hi Mercy
    I love your store, you seem like quite the business woman. I wish you the best in your business and much prosperity and Love and Light in your life. I know you will get all the funding you need....God Bless
    Lorey
    Shea Lady

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    • Mercy    Feb 13, 2015

      THANKS VERY MUCH SHEA LADY GOD BLESS YOU FOR YOUR NICE ABD ENCOURAGING COMPLIMENT

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  • Mercy    Feb 10, 2015

    Thanks all zidisha lenders for the loan I have just completed I has really changed my life and I believe my partnership with zidisha will give me a hope and a better future.God bless you.

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  • Mercy    Jan 21, 2015

    BUSINESS DOING GOOD GOD BLESS YOU ZIDISHA LENDERS

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