Replenishment for my clothing business

Mercy Maluki

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Mercy Maluki

Member since

May 2018

On-time repayments

54 installments  •  57%

About Me

I was born in Kitui county and went to Central primary school in the same county. I proceeded to Mutomo Girls High School in kitui county. After completing form four i moved to Mombasa county to look for employment.

I started a small business of selling clothes. I am still running the business although i managed to get employment with an auctioneering firm.

what is unique about the culture where i live is that the people are very social considering Mombasa is a muslim community.

My hobbies and pastime include travelling, reading, adventuring.

My Business

I sell second hand clothes mainly ladies wear.

These clothes are in demand since ladies like moving with fasion such that when i get new arrivals they usually move fast.

I chose this business so that I can earn a living and more so to educate my children and better my life. I also like this particular business.

Per month i can make between Kes 40,000-50,000.

I use my profits to educate my children and also add stock to my business.

Loan Proposal

I will still add to my existing stock. I will buy ladies shirts by adding to my purchase capital. This will surely boost my business. my profit will definitely increase and i believe the increase will be of a good margin.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.06

Date disbursed

Jun 20, 2018

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: $0.42

Credit risk payment: $0.85

Lenders

J

Jim

Canada

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