Mercy

Nairobi-i Mara Daima, Kenya

4% repaid

Entrepreneur

Name

Mercy

Member since

July 2013

On-time repayments

166 installments  •  5%

About Me

I am a single mother. Am blessed with a daughter called jebet whom we just settled after his dad passed a way early last year.
I am located in Imara Daima. Its about 3km from the stage.
You alight at Imara Daima and ask for Panari house which in the opposite o the road and the right is a total petrol station.
I live in Panari house which is a 5 storey building and I live in 4th floor and room no is 06.I possess a degree in business administration and currently I am employed at SPERD-NGO at Nairobi head quarters.
With the earnings I derive I have upgraded my business and you see now I have employed an extra two employees who really ensure my business runs smoothly especially now that I am employed.
Too I have a daughter who is yet to join school and for these I could not only rely on my current salary as far as my house girl is concerned too.
I will ensure that my business grows day by day in order to make my future simple .

My Business

My business is grocery. I provide special cakes of different kinds, birthday cakes, pan cakes, and recently we just started preparing wedding cakes after we got orders of the same.
From my resident it is only my grocery that is serving the whole area and we get so many orders who buy in quantities of wholesale and later sell them at there shops at higher rate.
My business is profitable as I normally make large quantities of sales at the end of the day. Normally we experience lack of stocks at time like sugar, floor etc which hinders our day today running of the business.
My monthly costs ranges from ksh.25000 to ksh.35000 and my daily sales goes up to ksh.5000 per day we make sales over ksh.100000 and my net profits ranges from ksh.40000 to ksh,50000 considering I have two ladies working for me and a gentleman. And there at home I also have a house girl and my daughter who depend on me.
I look forward to being accorded the loan to help me boost my business.
.

Loan Proposal

Thank you zidisha for according me another chance to borrow a loan.Lenders,i come to you once more to request you to finance my loan in order to enable me boost my grocery shop by acquiring the necessary materials i.e stock to continue making the cakes now that demand is very high as my customers starting from the nearest school children and shops who buy my cakes for re-sale.
For these i will be able to pay my loans as before.
Thank you and have blessed year 2014

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$446.00

Date disbursed

Jan 12, 2014

Repayment status

Late

Projected term

37 months

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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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  • Ian    Jan 8, 2015

    Hi Lenders. I'm yet to get in touch with Mercy or her provided contacts. I'll be making further calls to see whether I'll be able to reach her.

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  • Ian    Nov 26, 2014

    Hi lenders. I'm Ian and Mercy's mentor. I'm still making efforts to try and get in touch with her and followup on her loan. I'll be able to update further once I get in touch with her. Thanks.

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    • Mårten    Jan 5, 2015

      Happy New Year Ian! and thank you for your efforts in this; any news from/about Mercy and her business? Is the grocery still active, out by the airport (Panari House)?

      All the best,

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  • Bavarian    Sep 6, 2014

    Dear Mercy, I hope you and your family are doing well. We haven't heard any news from you for a while and you are behind your repayment schedule. Please keep us informed how things are going. Regards, Bavarian

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  • Ian    Jul 27, 2014

    Hi lenders. This is Ian. I'm still not able to get in touch with Mercy. I'll be doing a followup after two days in order to see how she is fairing and her progress towards repaying the loan.

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  • Ian    Jul 10, 2014

    Hi, this is Ian, I'm the volunteer mentor for Mercy. I've been unable to reach her on phone this week to find out about her current situation. I'll be doing a follow up over the weekend in order to get in touch with her.

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  • discoball    Jun 25, 2014

    Hello Mercy,

    Just sending you a "hello" from the USA! I hope all is well. I wish I could eat some of your cakes. :)

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  • Titus    May 27, 2014

    Please I really need help I have just managed to raise 26% of my loan. Please help

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  • Mercy    May 25, 2014

    dear lenders i trust that you have had a fabulous weekend.i am letting you know that i have not been consistent but more so i will be consistence as from next month.
    Thank you so much lenders.

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  • Walter    May 25, 2014

    Good progress!

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  • Mercy    May 1, 2014

    hi lenders i am sorry for delaying my payments.
    as previously noted but i am now on track .i ope my message will find you well.
    Thank you.

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  • Mercy    Apr 4, 2014

    dear lenders,
    sory lenders for being late,
    i was actually away and i plan to make payments early next week.
    thank you.

    .

    says mercy.

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  • Mercy    Mar 5, 2014

    its wonderful day that i am so happy to write to you all.the loan has done so great to me and i am really so happy for the second loan you gave me.
    I made several sales over the valentine day which increase the revenues for a single day only!
    i had already made my payments earlier on just awaiting to be credited.
    Wish you a lovely Sunday and blessed week a head,
    says mercy.

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  • Mercy    Feb 15, 2014

    dear lenders,
    its wonderful day that i am so happy to write to you all.the loan has done so great to me and i am really so happy for the second loan you gave me.
    I made several sales over the valentine day which increase the revenues for a single day only!
    i had already made my payments earlier on just awaiting to be credited.
    Wish you a lovely Sunday and blessed week a head,
    says mercy.

    Log in to reply • Share
  • discoball    Feb 3, 2014

    Hi Mercy, I agree, the cakes sound lovely! It would be fun to see a photo of some of your cakes sometime if that's easy to do. Warm wishes to you from California, USA!

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    • Mercy    Feb 15, 2014

      wau am great and thank you for you warm wishes i will absolutely take some pics in the shop and post it here.Thanks a lot am sure you never miss my cakes they are so sweet!
      says mercy.

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  • Mercy    Jan 31, 2014

    This page allows you to propose a change to your repayment schedule. If you choose to lengthen your repayment period, you will be asked to pay interest for the additional time the loan will be held, at the same annual interest rate as is applied to your current loan repayment schedule. If you shorten your repayment period, the interest you will be asked to pay will be reduced.

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  • Andy    Jan 11, 2014

    Good luck with the business in 2014 Mercy, the cakes sounds wonderful!

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    • Mercy    Feb 15, 2014

      how are you elton?am so overwhelmed for the wishes which has stsrated very well.i see good things coming and the loan you accorded me has done so much for me.
      very soon i will post some of the pics here.
      Thanks and lovely weekend Eli,
      says mercy.

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  • Mercy    Dec 18, 2013

    his page allows you to propose a change to your repayment schedule. If you choose to lengthen your repayment period, you will be asked to pay interest for the additional time the loan will be held, at the same annual interest rate as is applied to your current loan repayment schedule. If you shorten your repayment period, the interest you will be asked to pay will be reduced.

    Log in to reply • Share
  • Mercy    Aug 20, 2013

    Dear lenders,i ope and trust that you you are all doing fine. i am writing to let you know that my business is going on well but despite these i would like to request for more period to assist me invest before i fully repay the all amount.
    i ope that you will allow me but i will be paying monthly as agreed with Zidisha micro finance.

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