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Mercy

Eldoret Cheplasgei, Kenya

9% repaid

Entrepreneur

Name

Mercy

Member since

April 2014

On-time repayments

181 installments  •  9%

About Me

My name is mercy talam.I come from a family of 10.I am the second born.I come from a christian familyI live in eldoret ,cheplasgei..I went to a local primary school in eldoret called kipkabus downs after which i joined drys girls secondary school.I asses welll and was admitted to maseno university.

I must say that i come from a family that is not well off.My father is a peasant farmer while my mother is a house wife.Back in campus,my parents were not in a position to pay my school fees so i had to look for a part time job to cater for my fees,accomodation and upkeep,i had a part time job and i saved after which i opened up a a boutique and m pesa.I always travel to nairobi to purchase maasai sandals for my boutique and also to get some mitumba clothes.I trave to uganda to buy kitengee and new clothes for my bussiness.My Bussines is two years old now and has realy grown.
I have had several financial challenges since i would like to expand my bussiness.
I would like to borrow the zidisha loan to increase the stock and move my bussiness to the next level.
With my bussiness i am able to pay school fees for my two siblings,pay rent and upkeep and also have some savings after all the expenses have been deducted.

My Business

I must say ythat i am greatfull for the two loans that i have been awarded by zidisha in the past.I was able to pay them efficiently and on time and also my bussiness has grown tremendously.My bussiness is m pesa and a boutique .It is situated in maseno university nyawita centre

The bussiness has existed for two years .Most of my customers are students who buy new trends of clothes.

On my m pesa i make a profit of USD 100 in a month after deducting expenses.

On the side of the boutique i make an average profit of USD 50 every month after deducting travel expenses and all the other expenses .I have always had an ambition to increase my stock and the float in my m pesa toin order to take my bussiness to the next level.I want to increase my stock and become a supplier of kitenge in kisumu town and i believe through zidisha it can take me there.

I am really greatfull for the loan awarded earlier which i was able to pay successfully.I strongly believe that if given the loan i can be able to increase my stock and the float of my m pesa.
I am now requesting my third loan which i want to purchase a new m pesa line and put some float on it so that it can start operating in two weeks time when students resume from holiday.I have already paid rent for the premise and branded as per safaricom regulations

Loan Proposal

I must say y\that i am greatfull for the two loans that i have been awarded by zidisha in the past.I was able to pay them efficiently and on time and also my bussiness has grown tremendously.My bussiness is m pesa and a boutique .It is situated in maseno university nyawita centre.
I am requesting a loan of 52400 kenya shillings.This will help me buy a new m pesa line worh 5000 and then put starting float of 50000 kenya shillings.Zidisha has put me to a different level in bussiness.I am thankfull a million times.

The bussiness has existed for two years .Most of my customers are students who buy new trends of clothes.

On my m pesa i make a profit of USD 100 in a month after deducting expenses.

On the side of the boutique i make an average profit of USD 50 every month after deducting travel expenses and all the other expenses .I have always had an ambition to increase my stock and the float in my m pesa toin order to take my bussiness to the next level.I want to increase my stock and become a supplier of kitenge in kisumu town and i believe through zidisha it can take me there.

I am really greatfull for the loan awarded earlier which i was able to pay successfully.I strongly believe that if given the loan i can be able to increase my stock and the float of my m pesa.
I am now requesting my third loan which i want to purchase a new m pesa line and put some float on it so that it can start operating in two weeks time when students resume from holiday.I have already paid rent for the premise and branded as per safaricom regulations.
I will be greafull if warded the loan.Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$608.00

Date disbursed

Aug 11, 2014

Repayment status

Late

Projected term

40 months

Lenders

G

GalantnostS

Hong Kong, Hong Kong

KYLE LARSON

Little Falls, United States

Kitty

Hailsham, United Kingdom

I

icetwice

Melbourne, Australia

S

soren

Göteborg, Sweden

Vanamo

Helsinki, Finland

L

Lemon

Switzerland, Switzerland

kuebel

Vienna, Austria

F

florian

Mettmenstetten, Switzerland

S

SeanWolfPack

Raleigh, United States

Namaste250

Pittsford, United States

McJulio

New Jersey, United States

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

DT

Dru Tarr

Gloucester, United States

E

elcico

Turin, Italy

Stefano Bertolo

Luxembourg, Luxembourg

Hedwich

Gorssel, Netherlands

H

harrymore

Townsville, Australia

Richard Griebe

La Jolla, United States

A

ADISI

Bern, Switzerland

E

elkocsis

Kirkland, United States

T

thebonseung

Republic of Korea

OP

Old People

Corona Del Mar, United States

D

dcravenus

United States

D

Daisy

Netherlands

ScholaNatura

Czech Republic

Mikers

Netherlands

M

michael0921

Fairmont, United States

S

shappysfunland

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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