Purchase of a fridge for my fresh juice parlor

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

Freshly blended juice has a very short life span.It goes bad faster because there are no preservatives added.This causes wastage and losses due to pouring out spoil juice .I will use the loan to purchase a refrigerator that will help store freshly blended juice to avoid fast spoilage and also there are those clients who want their juice chilled or cold,by purchasing the fridge, i will be able to satisfy them fully.

Income Source

Apart from the juice parlor,i also run two grocery stores that are preforming really well .Fruits are always on demand since they add up to increase the bodies immunity thus making fruits and vegetable be high on demand.
Due to the great demand, of freshly blended juice and fruits,am able to raise money to repay the loan.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

Dec 31, 2020

Repayment status

On Time

Projected term

6 weeks

Lenders

S

sanfransec

San Francisco, CA, United States

J

Julia

United States

NM

Neville Moniz

United Kingdom

Lutz Ehrlich

Karlsruhe, Germany

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  • Mercy    Aug 1, 2022

    I am so grateful who helped with funding my loan.Am going to use the money to purchase materials for fencing My hired garden so as to secure the vegetables that I planted.

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  • Mercy    Aug 1, 2022

    Am grateful to the lenders.I was able to hire the piece of land.I have planted the vegetables and hoping for a good harvest if all goes well.I am hoping to start supplying to other vendors once the vegetables are ready.

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  • Mercy    Jun 28, 2022

    Thank you Paul and Patrick for funding my loan.I will use funds to hire a piece of land to plant vegetables for sale.
    This has been my wish and am grateful for helping me make it come to be.

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  • Mercy    Jun 27, 2022

    Am so grateful to my backers for funding my loan.I was able to purchase one bicycle that is being used in door to door delivery of vegetables to my clients who can not make it to my stall.
    Due to this I have gotten more interested clients .I am so grateful.

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  • Mercy    Jun 9, 2022

    I will buy a bicycle to help with door to door delivery of groceries to clients who stay far from my stalls but are in need of groceries.

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  • Alice    Jun 2, 2022

    Wishes you lack Mercy

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  • Mercy    May 22, 2022

    I am grateful for the loan that I just finished paying.The loan helped me finish setting up my grocery store and I got the stock I needed to start it up.I am grateful for it is now running.

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  • Mercy    May 3, 2022

    I am grateful to all who funded my loan.I will use the funds to purchase inventory for my my vegetable stall.

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  • Marek    May 3, 2022

    Good luck!

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  • Mercy    May 2, 2022

    Thank you for funding my just completed loan.It helped me grow my business and also I got half the capital for another business that I want to set up.

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  • Madesto    Mar 3, 2021

    mercy agreed to pay the loan by the end of this month.

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  • Mercy    Dec 30, 2020

    thank you lenders for funding my loan, looking forward to purchasing a fridge so as to boost my business.

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  • Julia    Dec 29, 2020

    Good luck, Mercy! I was also born in 1992.

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  • Mercy    Dec 28, 2020

    I want to thank the lenders who financed my previous loan.By the help of this loan, i was able to expand my grocery store, bought more equipment and through the profits from the grocery store, i want to open a fresh juice parlor.

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  • Erick    Aug 21, 2020

    Hello lenders, mercy said her business has not pick yet but she's doing her best to resume making payments

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  • Mercy    Jul 9, 2020

    Lock down at the boarders within the country was ended,so most of my clients who were locked-down within the region where my grocery store is had to go back to their regions hence a drop in sales and profits.

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  • Erick    Jul 8, 2020

    Hello lenders i spoke with mercy, she said her business is a bit down but she promised to try and make payment next week.

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  • Mercy    May 19, 2020

    Hi lenders,

    I received 7,635 KES, which i used to purchase inventory for my new grocery store.
    Thank you soo much lenders for helping my business grow.

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