Replenish my stock

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

The loan i am applying will be used to buy more clothes for my business. The clothes am going to buy will include ladies tops and shirts. The amount i will actually get i will add to he cash i earmarked for purchasing more clothes.

This will automatically increase my profits and in effect improve my business.

The profits will increase with a considerable percentage.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$44.11

Date disbursed

Jan 11, 2019

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $1.85

Credit risk payment: $11.14

Lenders

Anna Hoad

Toronto, Canada

Ask Mercy a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...