Purchase of a 3 in 1 (photocopy, printer and scan) printer

Mercy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

March 2014

On-time repayments

191 installments  •  87%

About Me

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.

My Business

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$705.00

Date disbursed

Apr 15, 2016

Repayment status

On Time

Projected term

13 months

Lenders

BelleStarr

Albuquerque, United States

B

blahblah

Nuernberg, Germany

Cloudways

Malta, Malta

ads68

Melbourne, Australia

H

howard

Vence, France

Paul Buchheit

Mountain View, United States

JB

John Brown

United States

LR

Laetitia Rocha

United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

JD

JASON DORSETT

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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Summary

Amount repaid

$740.25

Amount remaining

$0.00

Date repaid

May 29, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 27, 2016 $12.09 Apr 21, 2016 $12.09
May 4, 2016 $12.09 Apr 21, 2016 $8.06
Apr 28, 2016 $4.03
May 11, 2016 $12.09 Apr 28, 2016 $12.09
May 18, 2016 $12.09 Apr 28, 2016 $4.03
May 11, 2016 $8.06
May 25, 2016 $12.09 May 11, 2016 $12.09
Jun 1, 2016 $12.09 Jun 2, 2016 $12.09
Jun 8, 2016 $12.09 Jun 2, 2016 $8.06
Jun 10, 2016 $4.03
Jun 15, 2016 $12.09 Jun 10, 2016 $12.09
Jun 22, 2016 $12.09 Jun 10, 2016 $4.03
Jun 18, 2016 $8.06
Jun 29, 2016 $12.09 Jun 18, 2016 $12.09
Jul 6, 2016 $12.09 Jun 23, 2016 $12.09
Jul 13, 2016 $12.09 Jun 23, 2016 $8.06
Jun 30, 2016 $4.03
Jul 20, 2016 $12.09 Jun 30, 2016 $12.09
Jul 27, 2016 $4.03 Jun 30, 2016 $4.03
Aug 3, 2016 $5.04 Jul 8, 2016 $5.04
Aug 10, 2016 $12.09 Jul 15, 2016 $12.09
Aug 17, 2016 $12.09 Jul 23, 2016 $12.09
Aug 24, 2016 $12.09 Jul 29, 2016 $12.09
Aug 31, 2016 $12.09 Jul 29, 2016 $12.09
Sep 7, 2016 $12.09 Jul 29, 2016 $12.09
Sep 14, 2016 $12.09 Jul 29, 2016 $12.09
Sep 21, 2016 $12.09 Sep 27, 2016 $12.09
Sep 28, 2016 $12.09 Sep 27, 2016 $12.09
Oct 5, 2016 $12.09 Sep 27, 2016 $12.09
Oct 12, 2016 $12.09 Sep 27, 2016 $12.09
Oct 19, 2016 $12.09 Sep 27, 2016 $2.01
Oct 31, 2016 $10.07
Oct 26, 2016 $12.09 Oct 31, 2016 $12.09
Nov 2, 2016 $12.09 Oct 31, 2016 $12.09
Nov 9, 2016 $12.09 Oct 31, 2016 $12.09
Nov 16, 2016 $12.09 Oct 31, 2016 $4.03
Nov 26, 2016 $8.06
Nov 23, 2016 $12.09 Nov 26, 2016 $12.09
Nov 30, 2016 $12.09 Nov 26, 2016 $12.09
Dec 7, 2016 $12.09 Nov 26, 2016 $12.09
Dec 14, 2016 $12.09 Nov 26, 2016 $6.04
Dec 27, 2016 $6.04
Dec 21, 2016 $12.09 Dec 27, 2016 $12.09
Dec 28, 2016 $12.09 Dec 27, 2016 $7.05
Jan 10, 2017 $5.04
Jan 4, 2017 $12.09 Jan 10, 2017 $12.09
Jan 11, 2017 $12.09 Jan 10, 2017 $12.09
Jan 18, 2017 $12.09 Jan 10, 2017 $1.01
Jan 31, 2017 $11.08
Jan 25, 2017 $12.09 Jan 31, 2017 $12.09
Feb 1, 2017 $12.09 Jan 31, 2017 $12.09
Feb 8, 2017 $12.09 Jan 31, 2017 $12.09
Feb 15, 2017 $12.09 Jan 31, 2017 $1.01
Feb 15, 2017 $11.08
Feb 22, 2017 $12.09 Feb 15, 2017 $9.07
Mar 2, 2017 $3.02
Mar 1, 2017 $12.09 Mar 2, 2017 $12.09
Mar 8, 2017 $12.09 Mar 2, 2017 $12.09
Mar 15, 2017 $12.09 Mar 2, 2017 $3.02
Mar 13, 2017 $9.07
Mar 22, 2017 $12.09 Mar 13, 2017 $12.09
Mar 29, 2017 $12.09 Mar 13, 2017 $9.07
Apr 5, 2017 $3.02
Apr 5, 2017 $12.09 Apr 5, 2017 $12.09
Apr 12, 2017 $12.09 Apr 5, 2017 $12.09
Apr 19, 2017 $12.09 Apr 5, 2017 $12.09
Apr 26, 2017 $12.09 Apr 5, 2017 $11.08
Apr 25, 2017 $1.01
May 3, 2017 $12.09 Apr 25, 2017 $12.09
May 10, 2017 $12.09 Apr 25, 2017 $12.09
May 17, 2017 $12.09 Apr 25, 2017 $12.09
May 24, 2017 $12.09 Apr 25, 2017 $12.09
May 31, 2017 $66.36 Apr 25, 2017 $11.08
May 29, 2017 $55.28

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