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
Positive
6
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$608.00
Date disbursed
Aug 11, 2014
Repayment status
Late
Projected term
40 months
Other loans
Lenders
Hong Kong, Hong Kong
Raleigh, United States
Bremen, Germany
Germany
Ask Mercy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$79.07
Amount remaining
$782.36
Expected completion
Dec 8, 2017
Status
Repaying late
Installment amount
$5.81
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 22, 2014 | $12.97 | Aug 22, 2014 | $12.97 |
| Aug 29, 2014 | $12.97 | Aug 22, 2014 | $0.06 |
| Aug 30, 2014 | $11.80 | ||
| Sep 9, 2014 | $1.10 | ||
| Sep 5, 2014 | $12.85 | Sep 9, 2014 | $12.85 |
| Sep 12, 2014 | $0.00 | ||
| Sep 19, 2014 | $3.66 | Sep 17, 2014 | $3.66 |
| Sep 26, 2014 | $3.66 | Sep 26, 2014 | $3.66 |
| Oct 3, 2014 | $3.66 | Sep 26, 2014 | $0.41 |
| Oct 8, 2014 | $3.26 | ||
| Oct 10, 2014 | $1.40 | Oct 8, 2014 | $1.40 |
| Oct 17, 2014 | $11.63 | Nov 2, 2014 | $2.33 |
| Nov 12, 2014 | $9.30 | ||
| Oct 24, 2014 | $11.63 | Nov 12, 2014 | $2.33 |
| Nov 15, 2014 | $6.98 | ||
| Jan 19, 2015 | $2.33 | ||
| Oct 31, 2014 | $4.65 | Mar 2, 2015 | $2.33 |
| Apr 16, 2015 | $2.33 | ||
| Nov 7, 2014 | $0.00 | ||
| Nov 14, 2014 | $0.00 | ||
| Nov 21, 2014 | $0.00 | ||
| Nov 28, 2014 | $0.00 | ||
| Dec 5, 2014 | $0.00 | ||
| Dec 12, 2014 | $0.00 | ||
| Dec 19, 2014 | $0.00 | ||
| Dec 26, 2014 | $0.00 | ||
| Jan 2, 2015 | $0.00 | ||
| Jan 9, 2015 | $0.00 | ||
| Jan 16, 2015 | $0.00 | ||
| Jan 23, 2015 | $0.00 | ||
| Jan 30, 2015 | $0.00 | ||
| Feb 6, 2015 | $0.00 | ||
| Feb 13, 2015 | $0.00 | ||
| Feb 20, 2015 | $0.00 | ||
| Feb 27, 2015 | $0.00 | ||
| Mar 6, 2015 | $0.00 | ||
| Mar 13, 2015 | $0.00 | ||
| Mar 20, 2015 | $0.00 | ||
| Mar 27, 2015 | $0.00 | ||
| Apr 3, 2015 | $0.00 | ||
| Apr 10, 2015 | $0.00 | ||
| Apr 17, 2015 | $0.00 | ||
| Apr 24, 2015 | $0.00 | ||
| May 1, 2015 | $0.00 | ||
| May 8, 2015 | $0.00 | ||
| May 15, 2015 | $0.00 | ||
| May 22, 2015 | $5.81 | ||
| May 29, 2015 | $5.81 | ||
| Jun 5, 2015 | $5.81 | ||
| Jun 12, 2015 | $5.81 | ||
| Jun 19, 2015 | $5.81 | ||
| Jun 26, 2015 | $5.81 | ||
| Jul 3, 2015 | $5.81 | ||
| Jul 10, 2015 | $5.81 | ||
| Jul 17, 2015 | $5.81 | ||
| Jul 24, 2015 | $5.81 | ||
| Jul 31, 2015 | $5.81 | ||
| Aug 7, 2015 | $5.81 | ||
| Aug 14, 2015 | $5.81 | ||
| Aug 21, 2015 | $5.81 | ||
| Aug 28, 2015 | $5.81 | ||
| Sep 4, 2015 | $5.81 | ||
| Sep 11, 2015 | $5.81 | ||
| Sep 18, 2015 | $5.81 | ||
| Sep 25, 2015 | $5.81 | ||
| Oct 2, 2015 | $5.81 | ||
| Oct 9, 2015 | $5.81 | ||
| Oct 16, 2015 | $5.81 | ||
| Oct 23, 2015 | $5.81 | ||
| Oct 30, 2015 | $5.81 | ||
| Nov 6, 2015 | $5.81 | ||
| Nov 13, 2015 | $5.81 | ||
| Nov 20, 2015 | $5.81 | ||
| Nov 27, 2015 | $5.81 | ||
| Dec 4, 2015 | $5.81 | ||
| Dec 11, 2015 | $5.81 | ||
| Dec 18, 2015 | $5.81 | ||
| Dec 25, 2015 | $5.81 | ||
| Jan 1, 2016 | $5.81 | ||
| Jan 8, 2016 | $5.81 | ||
| Jan 15, 2016 | $5.81 | ||
| Jan 22, 2016 | $5.81 | ||
| Jan 29, 2016 | $5.81 | ||
| Feb 5, 2016 | $5.81 | ||
| Feb 12, 2016 | $5.81 | ||
| Feb 19, 2016 | $5.81 | ||
| Feb 26, 2016 | $5.81 | ||
| Mar 4, 2016 | $5.81 | ||
| Mar 11, 2016 | $5.81 | ||
| Mar 18, 2016 | $5.81 | ||
| Mar 25, 2016 | $5.81 | ||
| Apr 1, 2016 | $5.81 | ||
| Apr 8, 2016 | $5.81 | ||
| Apr 15, 2016 | $5.81 | ||
| Apr 22, 2016 | $5.81 | ||
| Apr 29, 2016 | $5.81 | ||
| May 6, 2016 | $5.81 | ||
| May 13, 2016 | $5.81 | ||
| May 20, 2016 | $5.81 | ||
| May 27, 2016 | $5.81 | ||
| Jun 3, 2016 | $5.81 | ||
| Jun 10, 2016 | $5.81 | ||
| Jun 17, 2016 | $5.81 | ||
| Jun 24, 2016 | $5.81 | ||
| Jul 1, 2016 | $5.81 | ||
| Jul 8, 2016 | $5.81 | ||
| Jul 15, 2016 | $5.81 | ||
| Jul 22, 2016 | $5.81 | ||
| Jul 29, 2016 | $5.81 | ||
| Aug 5, 2016 | $5.81 | ||
| Aug 12, 2016 | $5.81 | ||
| Aug 19, 2016 | $5.81 | ||
| Aug 26, 2016 | $5.81 | ||
| Sep 2, 2016 | $5.81 | ||
| Sep 9, 2016 | $5.81 | ||
| Sep 16, 2016 | $5.81 | ||
| Sep 23, 2016 | $5.81 | ||
| Sep 30, 2016 | $5.81 | ||
| Oct 7, 2016 | $5.81 | ||
| Oct 14, 2016 | $5.81 | ||
| Oct 21, 2016 | $5.81 | ||
| Oct 28, 2016 | $5.81 | ||
| Nov 4, 2016 | $5.81 | ||
| Nov 11, 2016 | $5.81 | ||
| Nov 18, 2016 | $5.81 | ||
| Nov 25, 2016 | $5.81 | ||
| Dec 2, 2016 | $5.81 | ||
| Dec 9, 2016 | $5.81 | ||
| Dec 16, 2016 | $5.81 | ||
| Dec 23, 2016 | $5.81 | ||
| Dec 30, 2016 | $5.81 | ||
| Jan 6, 2017 | $5.81 | ||
| Jan 13, 2017 | $5.81 | ||
| Jan 20, 2017 | $5.81 | ||
| Jan 27, 2017 | $5.81 | ||
| Feb 3, 2017 | $5.81 | ||
| Feb 10, 2017 | $5.81 | ||
| Feb 17, 2017 | $5.81 | ||
| Feb 24, 2017 | $5.81 | ||
| Mar 3, 2017 | $5.81 | ||
| Mar 10, 2017 | $5.81 | ||
| Mar 17, 2017 | $5.81 | ||
| Mar 24, 2017 | $5.81 | ||
| Mar 31, 2017 | $5.81 | ||
| Apr 7, 2017 | $5.81 | ||
| Apr 14, 2017 | $5.81 | ||
| Apr 21, 2017 | $5.81 | ||
| Apr 28, 2017 | $5.81 | ||
| May 5, 2017 | $5.81 | ||
| May 12, 2017 | $5.81 | ||
| May 19, 2017 | $5.81 | ||
| May 26, 2017 | $5.81 | ||
| Jun 2, 2017 | $5.81 | ||
| Jun 9, 2017 | $5.81 | ||
| Jun 16, 2017 | $5.81 | ||
| Jun 23, 2017 | $5.81 | ||
| Jun 30, 2017 | $5.81 | ||
| Jul 7, 2017 | $5.81 | ||
| Jul 14, 2017 | $5.81 | ||
| Jul 21, 2017 | $5.81 | ||
| Jul 28, 2017 | $5.81 | ||
| Aug 4, 2017 | $5.81 | ||
| Aug 11, 2017 | $5.81 | ||
| Aug 18, 2017 | $5.81 | ||
| Aug 25, 2017 | $5.81 | ||
| Sep 1, 2017 | $5.81 | ||
| Sep 8, 2017 | $5.81 | ||
| Sep 15, 2017 | $5.81 | ||
| Sep 22, 2017 | $5.81 | ||
| Sep 29, 2017 | $5.81 | ||
| Oct 6, 2017 | $5.81 | ||
| Oct 13, 2017 | $5.81 | ||
| Oct 20, 2017 | $5.81 | ||
| Oct 27, 2017 | $5.81 | ||
| Nov 3, 2017 | $5.81 | ||
| Nov 10, 2017 | $5.81 | ||
| Nov 17, 2017 | $5.81 | ||
| Nov 24, 2017 | $5.81 | ||
| Dec 1, 2017 | $5.81 | ||
| Dec 8, 2017 | $9.10 | ||
Loading...