Mercy
Nairobi, Kenya
100% repaid
Name
Mercy
Member since
March 2014
On-time repayments
191 installments • 87%
Am a young Kenyan woman living in Nairobi and with great ambitions,dreams and set goals. I am happy to report I finally graduated from campus in December 2014. My small business is currently taking care of most of my rent and house bills now that am out of college.
I started engaging in serious business from first year (2010/2011) to date. I have a passion for business and the success of that business.
The income I have been getting has helped sustain me in campus by catering for pocket money,bills and other basics. The need to earn and be independent drove me to start business while still in school and at a young age. I use my income to cater for personal needs and also for buying products for sale to clients.
With the current rate of unemployment even with higher level education, engaging in businesses is the way to go to ensure we make a living.
I have registered my small company under a sole proprietorship with hopes for expansion in Future. The business involves sale and supply of IT products and office supplies. I have actively engaged in sale and supply of computer and computer accessories, cartridges, office stationery and by order I sell laptops,tablets, power banks,printers and other office consumables.
I sell the products in retail for now due to lack of enough funds. I share a stall/shop with a friend in the CBD to enhance physical location of the business where new clients can be directed to for consultation and other purposes.
I hope to open my own shop with time and stock it well. I have loyal clients who call to make orders. My timely delivery of products, competitive prices and good customer relations enable my business to compete favorably in the market. The income I get will enable me repay the loan in time.
A loan will help me when it comes to sourcing for products on a client's demand when need arises.
I appeal to Lenders to help me achieve my set goals for making this business bigger, better and more profitable. The area my business deals in will always be marketable as people will always want IT products and the offices will always need the supplies and consumables. I try as much as possible to sell whats trending in the market to ensure I compete favorably.
Lenders,
Thank you for your support and funding my loans do as to enhance my business .
I am now kindly requesting for another loan. I intend to start bulk printing and photo copy in my shop. I need funds to buy a 3 in one printer that will print,scan and copy documents. This will cost me around 500 USD. The remaining 200 USD will buy toner cartridges and more printing and photocopy papers.
The printing and photocopy business is a good business to venture in. Since my shop is in Nairobi town, walk in clients will be my major target. I believe the business will help me repay my loan and also cater for my miscellaneous business and personal bills.
I look forward to your support in funding my loan. Thank you.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$705.00
Date disbursed
Apr 15, 2016
Repayment status
On Time
Projected term
13 months
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