Purchasing supply of photocopy papers

Mercy

Shabab, Kenya

29% repaid

Entrepreneur

Name

Mercy

Member since

October 2017

On-time repayments

10 installments  •  70%

About Me

I am Mercy Kwamboka, young mother of two, and a sole proprietor of an M-Pesa equity agency and cybercafe. I always have been desiring to become my own boss because since my childhood, my mother has been a business success, which encourages me a lot in the field of business. I am a college graduate with diploma in I.T. I did well in during college since I love technology.

I also love dancing, singing, soccer, travelling and learning new cultures.

My desire is to grow my business into a big name, hence provide great job opportunities to my fellow youth, which I believe I can do.

My Business

My source of income in my business is normally from M-pesa commission, equity commission, and cyber services (i.e., typesetting, photocopying, printing, browsing
and any other online services.

My average revenue is 30,000 KES per month.

I pay for rent, electricity , and servicing machines.

My profit is an average of 20% of my revenue, which I use for home improvement, reinvesment into the business, and I save a little because I believe in saving.

Loan Proposal

I will purchase 2 cartons of photocopy papers, which will cost $18 each. It will be so convenient for me, and I will have brought services near to my customers.
I am expecting to garner 25% profit this time round.

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EDITOR'S NOTE:

For anyone who may not yet know this, please be aware that although English is
an official language in many African countries, English usually isn't the first language
of most people in Africa; rather, a tribal language (or two or three or more)
usually is/are spoken at home.

Show original English  

About Me

Iam Mercy Kwamboka 26 years old mother of two a sole proprietor of m-pesa ,Equity agency and cyber,always have been desiring to become my own boss because since my childhood mum as been a business successor which encourages me a lot in the field of business, iam a graduate with diploma in IT which i did well in my college since i love technology .I love dancing , singing, soccer ,travelling and learning new culture.
My desire is to grow my business into a big name hence great job opportuities to my fellow youth which i believe i can.

My Business

my source of income in my business is normally from M-pesa commission,equity commission and cyber services i.e typesetting,photocopying,printing ,browsing and any online services .My average revenue is 30,000 kes per month i.e pay rent,electricity bills and servicing machines .
My profit is an average of 20% of my revenue which i use in home improvement,reinvesment and saving a little because i believe in saving.

Loan Proposal

i will purchase 2 cartons of photocopy papers which will cost $ 18 each
it will be so convenient to me and i will have brought services near to my customers
.iam expecting to garner 25% profit this time round.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Jan 20, 2018

Repayment status

Late

Projected term

4 weeks

Lenders

W

Wade

United States

jtreyes

United States

HCPSPIRIT

Helsinki, Finland

B

Ben

United States

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