Stocking

Mercy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

October 2020

On-time repayments

4 installments  •  100%

About Me

My name is mercy waithira aged 32yrs married and a mother of 3 children where the first born is 8, second 3 and third is 1 and half yrs. i was born and raised in rift valley in year 1987, this county is well known for athletic champions, tea farming, maize, beans and wheat, livestock farming and poultry farming, also is known for its natural beauty like hills, valley and lakes like lake Nakuru, the environment here is so conducive.
I schooled here for both primary and secondary school and after completing secondary school I joined (K I M S) collage where I did business management and sales and marketing, after completing my course I was employed in several establishment before the desire of being my own boss grew up in me.
Am a go getter and I believe in myself through hard work I can achieve many things through Christ who is my strength, am determined to work hard in order to see my children through education and at least sustain their livelihood.

My Business

From the little saving I had I ventured into business in the year 2018 where I started diaper and electrical shop, by then it was doing quite well and I was able to meet my needs and that of the family. But come early this year my sales started dropping due to this world disaster covid -19 pandemic since most 0f my customers went to up country for the fear of pandemic and survival in the city which affected my business. But since things are normalizing though the fear is still there I would like to boost my business again since I had used the little saving I had to put meal on the table for the family(after all people needs to eat)in order to maintain my sales as it was there before this monster erupted.
My business capital was 1500$ before covid-19, Back then I was able to have sales of 100$ in a week where in a month I was able to get a profit of 400$ out of this I was able to pay all rents, school fees and feeding the family and saving little remaining

Loan Proposal

If considered to be given that loan I will be able to add more variety of daipers and toilet paper to all fit all classes of people;
1)1 bale of softcare is 33$×8=264$
2)1 bale of molfix is 20$×5=100$
3)1 bale of nipnap is 30$×8=240$
4)1bale of hannan tissue is 10$×5=50$
5)1bale of Bella tissue is 8$×5=40$

Total =700$

Income Source

Since we are coping with the situation in my country if given a loan to buy as I have stated I will be able to pay on time because there fast moving items and their demand is high.

Feedback

1

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  • Sabrina    Feb 7, 2021

    Mercy paid back her loan back, even before it was due. I wish her all the best for her future projects.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$68.00

Date disbursed

Nov 15, 2020

Repayment status

On Time

Projected term

2 weeks

Lenders

John Minges

United States

A

Anonymous

United States

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