Purchase fruits on demand i.e watermelons,oranges,pineapples

Mercy

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

April 2020

On-time repayments

44 installments  •  61%

About Me

I am Mercy Saidi. I was born in the western part of Kenya in the year 1992.I went to Booker Academy for my primary and secondary school studies.I later relocated to Eldoret for my degree studies.I joined Moi university where i pursued a degree in law and opted out after 3 years for a diploma in hotel catering and accomodation due to lack of school fees to complete my law studies.After my studies i was employed for 1 year in the hotel industry.In the year 2016 opted to be self employed and therefore opened a grocery store where i sell and supply fruits and vegetables around Bungoma town.Its a profitable business if well managed and i love how its adding value to my life.

My Business

I run a grocery store in Bungoma town.I sell and supply fruits and vegetables.My main customers are hotels and hospitals.I also do door to door deliveries for clients who are not able to reach the store. I make profit of up to 16,000 Kenyan shillings per week.

Loan Proposal

I want to use the loan to add onto my current profit and purchase inventory for my second grocery store that i have opened.
During this COVID-19 pandemic times,nutritionists have advised that we taken more fruits fruits and vegetables to boost our immunity.The demand for this commodities is high and so has the number of customers.

Income Source

The kind of business that am doing is one that is on high demand.
Fruits and vegetables are what doctors and nutritionists are advising we consume in plenty so as to boost our immunity.This has made the demand to be high and increase in sales.
The raw materials are readily available since they are grown locally and i dont have to import.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

May 17, 2020

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$109.03

Amount remaining

$0.00

Date repaid

Sep 9, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 30, 2020 $10.91 May 30, 2020 $10.91
Jun 6, 2020 $10.91 Jun 6, 2020 $10.91
Jun 13, 2020 $10.91 Jun 13, 2020 $10.91
Jun 20, 2020 $10.91 Jul 10, 2020 $10.91
Jun 27, 2020 $10.91 Jul 10, 2020 $10.91
Jul 4, 2020 $1.87 Jul 10, 2020 $1.87
Jul 11, 2020 $5.92 Aug 5, 2020 $5.92
Jul 18, 2020 $5.92 Aug 5, 2020 $5.92
Jul 25, 2020 $5.92 Aug 5, 2020 $5.92
Aug 1, 2020 $5.92 Aug 5, 2020 $5.92
Aug 8, 2020 $5.92 Sep 9, 2020 $5.92
Aug 15, 2020 $10.91 Sep 9, 2020 $10.91
Aug 22, 2020 $10.91 Sep 9, 2020 $10.91
Aug 29, 2020 $1.18 Sep 9, 2020 $1.18

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