Electronics, electrics and mpesa e-float for my new shop

Mercy

Nairobi, Kenya

41% repaid

Entrepreneur

Name

Mercy

Member since

March 2015

On-time repayments

81 installments  •  12%

About Me

I wa born in thika, Muiri near gatukuyu shopping center, i went to Muirigo primary school, Senior Chief Koinange high school and later to Ashley's beauty college. i ventured into business so that i can be able to realize my dreams i was given some money by my parents to cater for the start up costs. i started doing business since i always had passion for business since i was a small kid. I love where i come from because people are innovative, generous and love business. My child wants to be an Engineer when he grows up. I love swimming, watching movies and listening to gospel music.

My Business

i have opened a new electrics shop and has an Mpesa. Mpesa has a lot of demand in the area due to increased mobile money transfers. I chose this kind of business since the area has demand for the products and has the potential for growth in business. Currently i have one employee whom i pay $66.7 per month and rent 0f $44.4 per month, i usually get profits of about $333.4per month from the shop and mpesa. the profits i get i pay rent and the worker, the rest i just put it back to the business.

Loan Proposal

Te loan amount of Kes 18,007 will be used in the following:
Addition of M-pesa e-float =53.8 Dollars
Energy saver bulbs =21.5 Dollars
Common bulbs = 10.6 Dollars
Fluorescent bulbs =21.5 Dollars
Bulb holders =10.6 Dollars
Wall sockets and switches = 10.6 Dollars
Electric cables = 32.3 Dollars
Airiel cables = 16.2 Dollars
Main switches = 10.6 dollars
Cut outs = 5.4 Dollars

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$190.00

Date disbursed

Jun 16, 2015

Repayment status

Late

Projected term

17 months

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Summary

Amount repaid

$82.98

Amount remaining

$117.06

Expected completion

Nov 27, 2016

Status

Repaying late

Installment amount

$2.11

Repayment History

Expected Payments Actual Payments
Jun 28, 2015 $15.38 Jul 13, 2015 $15.38
Jul 5, 2015 $9.71 Jul 13, 2015 $9.71
Jul 12, 2015 $0.00
Jul 19, 2015 $5.26 Jul 22, 2015 $5.26
Jul 26, 2015 $5.26 Aug 5, 2015 $5.26
Aug 2, 2015 $5.26 Aug 23, 2015 $5.26
Aug 9, 2015 $5.26 Sep 9, 2015 $5.26
Aug 16, 2015 $5.26 Sep 16, 2015 $5.26
Aug 23, 2015 $5.26 Sep 21, 2015 $5.26
Aug 30, 2015 $5.26 Sep 28, 2015 $5.26
Sep 6, 2015 $5.26 Oct 5, 2015 $5.26
Sep 13, 2015 $5.26 Oct 14, 2015 $5.26
Sep 20, 2015 $5.26 Oct 20, 2015 $5.26
Sep 27, 2015 $5.26 Nov 2, 2015 $5.26
Oct 4, 2015 $0.00
Oct 11, 2015 $0.00
Oct 18, 2015 $0.00
Oct 25, 2015 $0.00
Nov 1, 2015 $0.00
Nov 8, 2015 $2.11
Nov 15, 2015 $2.11
Nov 22, 2015 $2.11
Nov 29, 2015 $2.11
Dec 6, 2015 $2.11
Dec 13, 2015 $2.11
Dec 20, 2015 $2.11
Dec 27, 2015 $2.11
Jan 3, 2016 $2.11
Jan 10, 2016 $2.11
Jan 17, 2016 $2.11
Jan 24, 2016 $2.11
Jan 31, 2016 $2.11
Feb 7, 2016 $2.11
Feb 14, 2016 $2.11
Feb 21, 2016 $2.11
Feb 28, 2016 $2.11
Mar 6, 2016 $2.11
Mar 13, 2016 $2.11
Mar 20, 2016 $2.11
Mar 27, 2016 $2.11
Apr 3, 2016 $2.11
Apr 10, 2016 $2.11
Apr 17, 2016 $2.11
Apr 24, 2016 $2.11
May 1, 2016 $2.11
May 8, 2016 $2.11
May 15, 2016 $2.11
May 22, 2016 $2.11
May 29, 2016 $2.11
Jun 5, 2016 $2.11
Jun 12, 2016 $2.11
Jun 19, 2016 $2.11
Jun 26, 2016 $2.11
Jul 3, 2016 $2.11
Jul 10, 2016 $2.11
Jul 17, 2016 $2.11
Jul 24, 2016 $2.11
Jul 31, 2016 $2.11
Aug 7, 2016 $2.11
Aug 14, 2016 $2.11
Aug 21, 2016 $2.11
Aug 28, 2016 $2.11
Sep 4, 2016 $2.11
Sep 11, 2016 $2.11
Sep 18, 2016 $2.11
Sep 25, 2016 $2.11
Oct 2, 2016 $2.11
Oct 9, 2016 $2.11
Oct 16, 2016 $2.11
Oct 23, 2016 $2.11
Oct 30, 2016 $2.11
Nov 6, 2016 $2.11
Nov 13, 2016 $2.11
Nov 20, 2016 $2.11
Nov 27, 2016 $1.27

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