Loan to expand my business

Mercy

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Mercy

Member since

July 2016

On-time repayments

19 installments  •  26%

About Me

My name is mercy kasango, a fourth born in a family of seven. being a beneficiary of a well wisher. I went up to college level, I am a secretary by profession working with the University of Nairobi. I have been running several businesses to assist me in helping other less fortunate in the society. I have managed to educate one of my niece upto form four and she completed last year and attained a C plain in her KCSE. Am looking forward to assist many more even outside our family circle.

My Business

Currently I have started mushroom farming and have invested kshs.200,000 in this business and have booked more worth Kshs.124,000 to allow continuity of supply. I will use my monthly salary to pay 10% of the loan advanced to me every month. There is demand for mushroom which has remained unexploited mainly because of the capital involved. If people can be funded well, am sure this is something they can go into and improve their livelihoods and also boost our country's economy by far. In addition i have ventured into charcoal business which is doing well, with good capital I will be able to buy enough stock before the rains come in April. I appeal to lenders to lend me more having successfully completed the loan led to me earlier.

Loan Proposal

Once i receive the loan, i will buy more cereals and charcoal to restock my shop. This will go along way in sustaining the well being of my family as we head to Christmas holidays. I appeal to lenders to kindly consider my request. God bless you as you continue with this noble cause

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Oct 5, 2016

Repayment status

On Time

Projected term

6 weeks

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