Increase on my stock

Mercy

Langata, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

February 2014

On-time repayments

36 installments  •  42%

About Me

I am an aggressive 23year old mother to a lovely daughter called Ruby Mutanu who is now 2months old.
I am married to Michael Ndemwa.We both live in Nairobi,Kenya.
I have 3 amazing siblings Vivian, sharon and Faith who lives in another county.
I am a graduate of business administration from the Zetech college in kenya and also holding a certificate in sales and marketing.
Currently i run a meat grill eatery business which supports my family and business aswell.The business is a year old and so fa i want to thank God for the far He has brought my team and i.
My major challenge is that my husband doesn't have a job thus the business partly supports my family.This gives me higher motivation even to work more harder since there some roles that i have to fill around me.
I've realized that business is a very great path to financial freedom.
It's crazy How some people feel that 5-10years being an entrepreneur is a long time to achieve a level of success and wealth But don't feel that 40years at a 9 - 5jobo is a long time to stay broke.

My Business

I own a meat grill eatery Joint in Nairobi.The business is a year old.I get to serve different types of meat delicacies i.e stakes,ribs,spice chicken wings, fish fillets e.t.c I serve the delicacies with either fries or ugali.
I have one employee thus we make a total of approximately 30000ksh monthly.After removing all the necessary expenses,i remain with 16000kshs.
The major challenge that i have with my business is that when the dry spell ushers in,the demand of meat is very high thus the cost is too expensive.
I serve as a monopoly in my area since i'm the only person offering that kind of service.Competitors have joined me and closed down since they don't know the secret recipe to spicing up the meat.I hold a good clientele base in my area and recently i introduced drinks since most of my clients wanted a complementary to that thus my main objective in my business is to satisfy my clients and to realize huge profits.
I intend to use the money that i get from my lenders,to invest in business and to grow a great length and practice loyalty with the zidisha family.
GodBless.

Loan Proposal

Hey Zidisha.Hope everyone is doing fine.First I'd to thank you for the first loan you entrusted me with.It really helped me a lot as an enterprenuer. It is with great pleasure to say that i managed to offset the loan on time. My records has been slightly challenging but at least i managed to catch up on track with the payments.
For my second loan, i really wanted to grab the festive season holiday thus forthcoming holiday i need to have finances to increase on my stock and rent a grill because there will be a lot of berbaceous at homes. I believe business will be on high demand so i was hoping you would kindly believe in this project as-well. I'm planning to add more stock since demand will be so high thus also increase my labor force.
When attaining the profit I'll be able to purchase my own grill and expand my business since i will have saved on expenses.I am kindly requesting for a great lending team to believe in me and support this well able project.
God bless Zidisha Family.
Merry Christmas.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$95.00

Date disbursed

Dec 15, 2014

Repayment status

On Time

Projected term

7 months

Lenders

COOPITALIST

Toronto, Canada

mole333

Brooklyn, United States

T

thebonseung

Republic of Korea

Mikers

Netherlands

Karijn

Amsterdam, Netherlands

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