Purchase fruits on demand i.e watermelons,oranges,pineapples

Mercy

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

April 2020

On-time repayments

44 installments  •  61%

About Me

I am Mercy Saidi. I was born in the western part of Kenya in the year 1992.I went to Booker Academy for my primary and secondary school studies.I later relocated to Eldoret for my degree studies.I joined Moi university where i pursued a degree in law and opted out after 3 years for a diploma in hotel catering and accomodation due to lack of school fees to complete my law studies.After my studies i was employed for 1 year in the hotel industry.In the year 2016 opted to be self employed and therefore opened a grocery store where i sell and supply fruits and vegetables around Bungoma town.Its a profitable business if well managed and i love how its adding value to my life.

My Business

I run a grocery store in Bungoma town.I sell and supply fruits and vegetables.My main customers are hotels and hospitals.I also do door to door deliveries for clients who are not able to reach the store. I make profit of up to 16,000 Kenyan shillings per week.

Loan Proposal

Demand for fruits is very high right now due to the outbreak of Corona virus.I have been running out of stock due to the high demand.With the help of the loan, am going to purchase a larger stock which will be able to satisfy all my customers fully.

Income Source

Unlike most businesses,i must say my business is one of the few that are running. We are being urged to consume more fruits and vegetables by the doctors.Our main supplier are the farms.I can still access the farms and get the groceries to my customers hence making my business viable.Am making more profit since ave acquired more customers.With an increase in sales,i will be able to repay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$64.00

Date disbursed

Apr 12, 2020

Repayment status

On Time

Projected term

8 weeks

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$64.13

Amount remaining

$0.00

Date repaid

May 16, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 19, 2020 $5.91 Apr 19, 2020 $5.91
Apr 26, 2020 $5.91 Apr 25, 2020 $5.91
May 3, 2020 $5.91 May 3, 2020 $5.91
May 10, 2020 $5.91 May 10, 2020 $5.91
May 17, 2020 $5.91 May 16, 2020 $5.91
May 24, 2020 $10.69 May 16, 2020 $10.69
May 31, 2020 $10.69 May 16, 2020 $10.69
Jun 7, 2020 $10.69 May 16, 2020 $10.69
Jun 14, 2020 $2.49 May 16, 2020 $2.32
May 16, 2020 $0.18

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