Entrepreneur
Name
Mercy
Member since
January 2011
On-time repayments
18 installments • 28%
About Me
My name is Mercy Waithiegeni Njogu . I live in Bahati in Nakuru North District. I am also a mother and my daughter is in class eight and will sit for her national exam at the end of the year. I am looking forward to her joining high school in the near future. Most of my relatives live in Nyeri in central province.
My Business
I usually travel to Nyeri where my relatives live and buy bananas (both ripe and green) where they are cheap. I also buy water melon, sweet potatoes , and sometimes yams. I also buy ovacardos when they are out of season in Nakuru. All these commodities are transported by bus and i then resell them in Bahati. I take about 3 days to finish the items and have to travel back to Nyeri . my relatives sometimes buy for me and send them to me so that i do not have to travel persomnally and only concentrate in selling them. I send them money to buy the items through the mpesa services which is popular in Kenya and convenient. The profit that i make is not fixed but depend on the specific items that i bring. In a good month, i make a profit of ksh 20,000. I intend to expand my business so that i can be able to buy more items at once to reduce the number of times that i would have to travel. Also i would want to increase the varieties of items that i bring to expand my market value.
Loan Proposal
I intend to expand my business so that i can be able to buy more fruits, bananas,yams and sweet potatoes at once to reduce the number of times that i would have to travel to central province. Also i would want to increase the varieties of items that i bring to expand my market value.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$125.00
Date disbursed
Jan 18, 2011
Repayment status
On Time
Projected term
17 months
Lenders
Summary
Amount repaid
$135.60
Amount remaining
$0.00
Date repaid
May 27, 2012
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 18, 2011 | $10.19 | Jan 22, 2011 | $10.19 |
| Feb 18, 2011 | $10.19 | Feb 24, 2011 | $10.19 |
| Mar 18, 2011 | $10.19 | Feb 24, 2011 | $0.25 |
| Mar 30, 2011 | $9.94 | ||
| Apr 18, 2011 | $10.19 | Mar 30, 2011 | $0.50 |
| Apr 28, 2011 | $9.69 | ||
| May 18, 2011 | $10.19 | Apr 28, 2011 | $0.75 |
| Jun 6, 2011 | $9.44 | ||
| Jun 18, 2011 | $10.19 | Jun 6, 2011 | $1.00 |
| Sep 8, 2011 | $9.19 | ||
| Jul 18, 2011 | $10.19 | Sep 8, 2011 | $10.19 |
| Aug 18, 2011 | $10.19 | Sep 8, 2011 | $10.19 |
| Sep 18, 2011 | $10.19 | Sep 8, 2011 | $1.75 |
| Nov 11, 2011 | $8.44 | ||
| Oct 18, 2011 | $9.76 | Nov 11, 2011 | $9.76 |
| Nov 18, 2011 | $0.00 | ||
| Dec 18, 2011 | $0.00 | ||
| Jan 18, 2012 | $0.00 | ||
| Feb 18, 2012 | $0.00 | ||
| Mar 18, 2012 | $10.20 | Nov 11, 2011 | $0.05 |
| May 27, 2012 | $10.15 | ||
| Apr 18, 2012 | $10.20 | May 27, 2012 | $10.20 |
| May 18, 2012 | $10.20 | May 27, 2012 | $10.20 |
| Jun 18, 2012 | $3.54 | May 27, 2012 | $3.54 |
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